Retail

Five housing markets led the nation in price cuts in April 2025, with some seeing reductions on nearly one-third of listings amid weak buyer demand.

Guzman y Gomez, which once planned hundreds of U.S. locations, has permanently closed all American restaurants after struggling in the Chicago market.

The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House and Congress.

Memorial Day grilling costs are notably higher as inflation data shows beef, hot dogs, and fresh vegetables all saw significant year-over-year increases.

Supreme Court Justice Clarence Thomas swore in Kevin Warsh as the chair of the Federal Reserve during a ceremony at the White House on Friday, after his pick to succeed Jerome Powell was confirmed last week.

AI automation anxiety is growing as over 85,000 tech jobs were cut through April 2026. One CEO says short-term job creation will come from AI tool adoption.

Philadelphia passed a ballot measure creating PhillySaves, the nation's first city-run auto-IRA program for workers lacking employer retirement plans.

The average rate on a 30-year fixed mortgage rose this week to 6.51%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.36%.

Fed minutes reveal policymakers worried about energy prices and tariffs driving inflation higher when they held interest rates steady in April.

The U.S. is projected to run a budget deficit of at least $2 trillion in fiscal year 2026, according to Treasury Department and bond market estimates.