Economy

Sen. Thom Tillis says he’ll block Kevin Warsh’s Federal Reserve chairman nomination unless DOJ drops probe into Chair Jerome Powell.

President Donald Trump says he wants someone to buy Spirit Airlines as the low-cost carrier battles bankruptcy and rising fuel costs threaten its recovery plan.

The Justice Department has launched a criminal investigation into surging beef prices as the U.S. cattle herd remains at historically low levels.

The DOJ is reportedly investigating four major beef companies in a criminal antitrust probe after Trump claimed meatpackers manipulated cattle prices.

High interest rates are squeezing Americans. Here’s how the Fed shapes your wallet and why Kevin Warsh’s hearing before the Senate matters now.

Fed chair nominee Kevin Warsh is testifying before the Senate Banking Committee and has previously signaled support for a range-based approach to inflation targets.

Operation Economic Fury puts maximum financial pressure on the hoodlums running the Islamic Revolutionary Guard Corps

Experts advise booking summer flights now and using points as jet fuel costs nearly double, driving airfare hikes and potential airline route cuts.

California added 677,000 housing units while population grew by just 39,000, but vacancy rates remain tight amid a longstanding housing shortage.

President Donald Trump’s Fed pick Kevin Warsh hints at a shake-up, drawing a line on independence while signaling changes to the central bank’s broader role.

Federal regulators reannounced a recall of 429,000 Casely MagSafe power banks after a woman's death and a fire on a plane from overheating chargers.

A major airline announced Friday that it is suspending select routes in the U.S., citing soaring jet fuel costs that have made certain operations unprofitable.