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The federal debt reached $40 trillion as the government adds red ink at a rapid rate. That's leading nervous investors to demand higher interest rates —pushing up borrowing costs for everyone else.
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The tariffs were set to go into effect Tuesday night at midnight, but the two countries have agreed to pause them until Friday while they work on a deal.
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Inflation is starting to hit Americans' pocketbooks again, as the rise in consumer prices outpaces average hourly earnings for the fourth month in a row.
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The unemployment rate for young adults with new degrees is higher than the rate for all workers, according to the New York Fed. Is AI the problem, or is it more complicated?
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Multi-family apartments are planned to fill the former Sears lot at Greensboro's Friendly Center.
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Some can't afford to stop working. Others just love the job.
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With uncertainty over the war in the Middle East and high consumer prices, there are more than a few reasons to be worried about market collapse. But in August, the stock market reached record highs, leaving many unsure of what to do with their investments.
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For 10 years, a Catholic-run home offered young women an affordable place to live in the nation's capital as they studied and launched careers. Now, that community is saying goodbye.
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From inflation, to credit card debt, to who's actually doing the spending: These are key takeaways from this week in economic news.
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Money that investors borrow to trade in the stock market is called margin debt. This debt is now above $1.5 trillion, 50% higher than a year ago. Could this spell trouble for the U.S. economy?
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Petflation is affecting more than just the cost of food and care; it also makes it more expensive to transport pets between shelters, a key part of getting many animals adopted.
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Inflation cooled a bit last month. Gas and grocery prices dipped and the overall cost of living rose more slowly, giving the Federal Reserve some breathing room for inflation control efforts.