Economy

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Consumer confidence slumped with biggest monthly drop in nearly 4 years

U.S. consumer confidence plunged sharply in February by more than expected, according to a report released…

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The Market in former X headquarters closing this week

San Francisco is losing a high-end grocery store operating on the first-floor of the former…

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America’s wealthiest households driving nearly half of consumer spending

America's wealthiest households are accounting for a growing share of consumer spending as market-driven gains in…

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DOGE claims $65B in estimated savings as ‘Agency Efficiency Leaderboard’ is launched

The Department of Government Efficiency, or DOGE, launched an "Agency Efficiency Leaderboard" early Tuesday morning,…

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DoorDash to pay New York delivery workers $16.75M for subsidizing wages with tips

DoorDash will pay nearly $17 million in a settlement after the food delivery platform used…

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US consumer sentiment plunges on worries over prices from inflation and tariffs

U.S. consumer sentiment declined more than expected in February to the lowest level in more…

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Why banks are flying gold bars on commercial flights from London to NYC

President Donald Trump's tariff plans have prompted some of the largest banks in the U.S.…

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Border Patrol sees uptick in attempted egg smuggling

The skyrocketing cost of eggs has prompted an uptick in attempts to smuggle them across…

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Fed officials flag rising inflation risks over Trump policies, tariffs

A trio of Federal Reserve officials said Thursday that while they still think inflation will…

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Mortgage rates fall to 6.85%: Freddie Mac

Mortgage rates fell for a fifth consecutive week, hitting the lowest level since December but…

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