Treasury shows off new Trump dollar coin, urges Americans to spend it at liberal coffee shops
U.S. Treasurer Brandon Beach challenged Americans to use the new Trump dollar coins at liberal coffee shops in a Treasury Department TikTok video.
White House economic chief reveals why Americans aren't feeling optimistic about economy
White House advisor Kevin Hassett says rising energy costs contributed to disappointing inflation data, while bank executives report that consumers continue to spend.
Consumer inflation rose faster than expected in September, CPI report shows
The Labor Department released the latest consumer price index data for September which showed CPI inflation rose further from the Fed's target for the month.
Bank of America hit with $1.2B in penalties over money laundering compliance failures
The Treasury Department announced approximately $1.21 billion in penalties against Bank of America over failures to investigate suspicious transactions and comply with U.S. sanctions laws
The housing market could finally become affordable again. Here's what it would take
A new analysis reveals housing costs could normalize within five years if mortgage rates fall to 6%, but some metro areas may wait a decade or more.
Trucking industry hit by string of bankruptcy filings as diesel costs surge
At least eight transportation-related companies sought Chapter 11 protection in September as the trucking industry grapples with higher fuel costs.
Mortgage rates surge to highest level since 2023 as bond yields spike
The average rate on a 30-year fixed mortgage rose this week to 7.28%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 7.03%.
Mortgage rates rise for seventh straight week, squeezing homebuyers
The average rate on a 30-year fixed mortgage rose this week to 7.4%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 7.28%.
Trump’s Energy chief says truckers could see diesel relief within days after executive order
Energy Secretary Chris Wright says truckers could see diesel price relief by Saturday after Trump signed an order expanding red-dyed diesel access.
Trump admin invoking Defense Production Act for new Alaska power grid project touted by Vance
JD Vance announced $150 million in Defense Production Act funding for Alaska's Beluga-Healy Transmission Project, promising lower energy costs statewide.
Reagan economist warns billionaire tax would ‘destroy’ California
Art Laffer warns California's Proposition 40 wealth tax on billionaires could trigger a massive exodus and devastate the state's economic future.
Trump's investment push hits Europe as Irish PM eyes next tariff break
Irish Prime Minister Micheál Martin eyes Kerrygold butter for tariff relief next after Trump's public commitment to lift duties on Irish whiskey exports.
US economy added 29,000 jobs in September, a slower pace than expected
The Bureau of Labor Statistics released the September 2026 jobs report on Friday which showed the economy added 29,000 jobs last month, below expectations.
California business climate gets warning from real estate mogul: 'Enough is enough'
Mauricio Umansky says bringing business back to California is critical as Xavier Becerra and Steve Hilton offer competing visions for governor.
LARRY KUDLOW: In two weeks, Iran may come crashing down
Running out of cash is a bad thing. Running out of worthless cash is an even worse thing
Treasury moves to automatically enroll millions of children in Trump Accounts
New Treasury and IRS rules allow automatic Trump Account enrollment for eligible children while keeping the separate $1,000 federal contribution opt-in.
US economy grew at a faster pace than expected in second quarter
The Commerce Department released its final reading of second quarter GDP, finding that the economy grew at a rate of 2.2% in the three-month period covering April, May and June.
Republicans could feel 'same fate' as Democrats as gas prices are elevated ahead of midterms, expert says
An expert told FOX Business ahead of the midterms that "traditionally, high gas prices going into an election has a negative impact on the incumbent party."
Fed's favored inflation gauge cooled in August but remained elevated
The Commerce Department reported that PCE inflation remained elevated in August at a level well above the Federal Reserve's 2% target.
Private sector added 90,000 jobs in September, above expectations, ADP says
The figure reported on Wednesday is above economists’ estimates of an increase of 90,000 jobs. The prior month's reading was revised lower to 36,000.