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Economy
Trump lowers the tariff boom blasting countries for ripping off America
President Donald Trump imposed sweeping reciprocal tariffs on the majority of countries that trade with…
Mortgage rates fall to 6.76%: Freddie Mac
Mortgage rates fell for a sixth consecutive week to the lowest level in more than…
Trump, Softbank CEO announce $100B investment to create 100,000 American jobs
President-elect Donald Trump and Softbank CEO Masayoshi Son announced Monday a $100 billion investment in…
US credit card defaults soar to highest in 14 years
Experts are sounding the alarm over a new report indicating credit card loan defaults soared…
Federal Reserve cuts interest rates by quarter-point in December
The Federal Reserve on Wednesday announced its third straight interest rate cut, lowering the benchmark…
Teamsters union launches historic nationwide strike against Amazon
Thousands of Amazon workers organized under the Teamsters union went on strike at 6 a.m.…
Mortgage rates rise, hitting demand
Mortgage rates climbed this week, sending overall demand lower as more Americans balked at refinancing.…
Fed’s preferred inflation gauge came in less than expected
The Federal Reserve's favored inflation gauge came in lower than expected in November, but it…
Labor force participation among US-born American men has plunged amid soaring immigration: analysis
Native-born American men have been fleeing the workforce in droves in a decades-long trend that…
Amazon strike expands to Staten Island, New York, warehouse
Amazon workers at a warehouse on Staten Island in New York will join thousands of…
Nissan, Honda announce plans to consider merger
Japanese automakers Nissan and Honda agreed to consider a merger and set up a joint…
In-person shopping makes a comeback amid record-spending holiday season
Shoppers are ready to drop some cash this holiday season as total spending this year…
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