Economy

Fed Chair Jerome Powell testified that the U.S. economy is in a "solid position" with unemployment relatively low and inflation slightly above the central bank's 2% target.

Real estate brokerage Compass sues Zillow for allegedly abusing monopoly power, claiming platform restrictions on listings violate antitrust laws.

Black-owned Moor's Brewing Company from Chicago secures victory in Samuel Adams' craft brewers competition, joining Koch's Brewing the American Dream program.

U.S. energy independence helps shield American economy from Iran's threats to block the Strait of Hormuz, where one-fifth of global oil consumption and natural gas trade transits daily.

The dollar fluctuated after U.S. strikes on Iran's nuclear facilities, with Fed Governor Bowman indicating possible rate cuts could be on the table at the central bank's next meeting.

FICO credit scoring models will be the first to include buy now, pay later data as the payment method continues to surge in popularity among American consumers.

Kroger plans to close 60 stores over the next 18 months. Affected employees will be offered positions at other locations, the grocer said.

Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to U.S. and Israeli strikes on Iranian nuclear facilities.

Gas prices are expected to see modest increases despite Middle East tensions, as the oil market stabilizes following U.S. strikes on Iran nuclear facilities.

Michael Mina's Bourbon Steak arrives at Walt Disney World Swan and Dolphin with dress code requirements, offering premium cuts of meat.

Oil market braces for price surge after U.S. attacks on Iranian nuclear facilities. Analysts predict disruptions to Middle Eastern oil infrastructure.