Economy

JPMorgan Chase CEO Jamie Dimon slammed New York City mayoral candidate Zohran Mamdani as "more a Marxist than a socialist" and criticized Democrats for their DEI push.

President Trump warns Canadian Prime Minister Mark Carney of a new 35% tariff on Canadian imports if the country doesn't address fentanyl trafficking and existing trade disputes.

Republicans' "big, beautiful bill" reinstated lower royalty rates for energy production, requires regular oil lease sales and phases out electric vehicle and clean energy tax credits

A lawsuit against Sig Sauer continues in court after a man died from a single gunshot wound allegedly caused by an unintended P320 pistol discharge.

Major tomato importer NatureSweet warns of price increases as the 2019 Tomato Suspension Agreement with Mexican exporters ends, bringing a nearly 21% tariff on imports.

Americans facing housing challenges may benefit from new FHFA policy that counts rent payments toward mortgage qualification, expanding access to homeownership beyond traditional credit.

The average rate on the 30-year fixed mortgage rose this week to 6.72%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.67%.

Seattle customers face higher DoorDash service fees as the company reports operating at a loss in 2024 despite $10.7 billion in revenue due to strict local regulations.

Trump's One Big Beautiful Bill Act created federal work requirements for Medicaid recipients, which amount to 80 hours a month in community engagement activities to maintain eligibility.