Economy

Insurance companies are expected to face significant losses due to the wildfires in Southern California, though a report by Wells Fargo expects those will be "manageable."

Financial analysts at Wells Fargo Securities estimated that insured losses from the Southern California wildfires could exceed $30 billion based on their latest analysis.

President Biden approved student loan handouts for another 150,000 people on Monday with just days left until his term in office comes to an end.

JPMorgan Chase CEO Jamie Dimon said in an interview with CBS that American voters' frustration with the government and policies it pursued led to President-elect Donald Trump's win.

Twenty-seven "underperforming" Kohl’s stores are set to shutter this spring. The company published a list of the locations late last week.

The day after Jeff Bezos told a media outlet he was "very optimistic" about incoming Donald Trump's administration for space projects, his company scrubbed a rocket launch.

Countless Americans are looking to buy a house -- they just can't afford it. These markets are the best options for prospective first-time homebuyers, and some might surprise you.

The price of several breakfast staples including eggs, orange juice and coffee have jumped in recent months due to an array of factors, despite inflation easing over the past few years.

The state of California announced a one-year moratorium on the cancellation or non-renewal of homeowners insurance policies in zip codes affected by the Los Angeles-area wildfires.

The Internal Revenue Service announced that the 2025 tax filing season will officially begin on Jan. 27, when taxpayers can file returns for the 2024 tax year.

Medical experts advise that people should get a vaccine for the bird flu when it becomes commercially available. One doctor said the most at-risk patients should be first.