The federal government ran an almost $1.8 trillion budget deficit in FY2025, which ranked as the fourth-largest in history after even larger deficits were incurred in recent years.

David Ellison ordered Paramount staff back to full-time office work, citing collaboration needs while providing severance packages for those unable to make the transition.

Major pharmacy chains scale back updated COVID-19 vaccine distribution in more than a dozen states after feds limit shots to vulnerable populations only.

The Food and Drug Administration could pull Pfizer's coronavirus vaccine emergency authorization for children under age 5.

Massachusetts-based Moderna said it plans to cut 10% of its global staff as part of its ongoing efforts to reduce annual operating expenses by around $1.5 billion by 2027.

TD Bank has directed employees to work in the office four days a week starting this fall, following other firms seeking to ditch remote work, according to a memo from the company.

The House Judiciary Committee subpoenaed a former Pfizer executive who allegedly claimed senior members of the company delayed the results of COVID-19 vaccine trials to influence the 2020 election.

Argentinian President Javier Milei has taken steps follow in President Trump's footsteps and withdraw his country from the World Health Organization in apparent protest of how it handled the COVID pandemic.

The IRS is sending about 1 million eligible American taxpayers a payment this month for the pandemic-era Recovery Rebate Credit that they didn't claim on their 2021 tax returns.

Lord & Taylor, America's oldest department store chain, is making a comeback after years of financial hardship exacerbated by the pandemic. An e-commerce reboot also failed.

Casual dining chain TGI Fridays Inc. filed for Chapter 11 bankruptcy in Texas on Saturday with the company's executive chairman saying it still has not fully recovered from the COVID-19 pandemic.

As employers continue to try to lure workers back into the office four years after the pandemic began, some say they are ignoring the rules and will leave if there is a crackdown.

Inflation has taken a major toll on two of the most-important parts of the federal budget — Social Security and Medicare. There are two big risks threatening those programs.

A report by the Heritage Foundation's Nonpartisan Commission on China and COVID-19 found that the economic damage to the U.S. caused by the pandemic exceeded $18 trillion.

Labor unions representing Philadelphia city employees sued to block the mayor's requirement for full-time city employees to return to the office.

The State of Kansas has filed a lawsuit against Pfizer, Inc. for alleged consumer protection violations related to the company's manufacturing of the COVID-19 vaccine.

A study by Stanford University researchers found that a 15-day course of Pfizer's Paxlovid did not relieve symptoms of long COVID among 155 participants.

Federal Reserve Chair Jerome Powell tested positive for COVID-19 on Thursday and is currently working from home while experiencing symptoms, according to his office.

The IRS warned thousands of taxpayers that they could face criminal prosecution and steep fines if they falsely filed for tax credits that do not apply to them.

The pharmaceutical giant AstraZeneca on Tuesday said it is withdrawing its COVID-19 vaccine worldwide due to low demand and following reports that the vaccine caused rare side effects.