Economy

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More than 20 states at high risk of recession, new analysis shows

The economies of more than 20 states are either in a recession or are on…

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UPS may dispose of packages that can’t clear US customs regulations

UPS may begin "disposing of" imported packages if parcels cannot clear U.S. customs regulations, the…

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High earners lose 401k catch-up tax break starting in 2026 under new rules

A popular tax break for workers nearing retirement age to make extra catch-up contributions is…

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Federal deficit hits $1.8 trillion with record debt interest costs

The Congressional Budget Office (CBO) on Wednesday released data showing the federal government ran a $1.8…

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Silver tops $50 an ounce for first time amid geopolitical, economic uncertainty

Silver surpassed $50 an ounce for the first time on Thursday amid a supply shortage…

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IRS announces 2026 tax changes with higher standard deductions and brackets

The Internal Revenue Service (IRS) on Thursday announced annual inflation adjustments for dozens of tax provisions,…

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Mortgage rates fall to 6.3%: Freddie Mac

Mortgage rates fell for the first time in three weeks this week, mortgage buyer Freddie…

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Soybean farmers face financial strain as China halts US purchases

The ongoing trade dispute with China has created serious headwinds for American farmers, with soybean producers…

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September Fed minutes reveal cautious approach to future rate cuts

The Federal Reserve on Wednesday released the minutes from the central bank's monetary policy meeting last…

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WestJet introduces upcharge for reclining seats in new cabin refresh

Canadian airline WestJet has introduced updated cabin interiors on select Boeing aircraft, adding three distinct…

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