California voters will decide on a ballot measure imposing a one-time 5% tax on billionaires, despite opposition from Gov. Gavin Newsom.

Mortgage rates ticked slightly higher this week, with the 30-year fixed rate rising to 6.49%, according to Freddie Mac's latest weekly survey.

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.

First-quarter GDP grew at 2.1%, above the expected 1.6%, as equipment investment in AI and computers along with consumer spending led growth.

The Commerce Department PCE inflation report for May showed the Federal Reserve's favored inflation gauge rose higher amid the energy price shock caused by the Iran war.

Nearly 6,000 pounds of frozen meatloaf and mashed potato meals were recalled due to an undeclared soy allergen, according to federal officials.

Bessent says supply chain resilience, fair trade and dollar dominance are key to Trump administration's economic statecraft approach to global competition.

The Department of Energy announced $17.5 billion in conditional loans to strengthen the nuclear reactor supply chain and accelerate construction timelines.

Not a single dime of money will reach Iran unless the final deal verifiably with inspectors ends their nuclear program and their enriched uranium

Trump visits Mack Trucks facility in Macungie, Pennsylvania, touting 32,000 new jobs and 2,600 manufacturing jobs created in the commonwealth.

Delta Air Lines CEO Ed Bastian says ticket prices will drop when more supply enters the market, citing air traffic control congestion as a bottleneck.