Economy

Mortgage rates fell for a sixth week in a row to the lowest level in more than two months, Freddie Mac said Thursday. The average rate on a 30-year fixed mortgage is 6.76%.

Eli Lilly is doubling its U.S. manufacturing investment since 2020 as it seeks to produce more drugs domestically. Its latest investment is to the tune of $27 billion.

The Commerce Department's second estimate of fourth quarter GDP showed the economy grew 2.3% at the end of last year, in line with expectations and the prior estimate.

American refineries and consumers as well as Canadian producers would share in the financial burden of President Trump's pending 10% tariffs on Canadian oil, S&P Global found.

A lot of attention has been focused on high egg prices due to bird flu. However, the price of beef is also on the rise as production hasn't keep pace with demand.

Commerce Secretary Howard Lutnick addresses skepticism surrounding President Donald Trump's "gold card" visa proposal during an exclusive interview on "Special Report."

The House GOP's victory on budget reconciliation and tax cuts paves the way for Trump's pro-growth economic agenda

A rare minerals deal between the U.S. and Ukraine could provide revenue and coveted natural resources to allies and is considered a victory for President Donald Trump.

Forever 21 is expected to file for Chapter 11 bankruptcy for a second time as it faces relentless competition and a massive store footprint that has proven to be unsuccessful.

Retail giant Costco is preparing to open six new locations in the U.S. in the coming weeks, and three additional ones worldwide very soon, the company says.