Economy

A new lawsuit filed in Michigan asks a federal court to block the Biden administration’s plan to cancel $39 billion in student loans for hundreds of thousands of borrowers.

It is now more difficult for Americans to afford a home than at any time in history, according to analysis from global markets publication The Kobeissi Letter.

North Dakota is welcoming Ukrainian refugees seeking to work in the state and alleviate a workforce shortage through the Bakken Global Recruitment of Oilfield Workers program.

Homebuyers are still getting squeezed by high borrowing costs and home prices. Monthly costs are now up 20% for homebuyers compared with a year ago, new data shows.

Three U.S. voters react to America's credit rating slipping under the Biden administration and warn of a "detrimental" Bidenomics impact "killing" the economy.

Zoom has told its employees to return to the office for the first time since the coronavirus pandemic led employees to use video communications to speak with coworkers.

The aging U.S. workforce, which has 10,000 Americans reaching retirement age daily, and less than half of financial advisers have succession plans in place.

Wells Fargo said Friday that it has been working to resolve a technical issue that caused some customers' deposit transactions to disappear from their accounts.

Employment increased by 187,000 jobs in July, indicating a slower increase from last month. But despite a slowing in job growth and inflation, the Fed may keep raising interest rates this year.

Airbnb's profit jumped more than 70% to $650 million, compared with a year ago as prices remained high. Airbnb has been trying to nudge hosts to lower prices.