Markets

The Congressional Budget Office projected that the House GOP tax bill – dubbed the "One Big Beautiful Bill Act" – would add $2.77 trillion to deficits over ten years.

The Federal Reserve left its benchmark interest rate unchanged at a 4.25% to 4.5% range at its June meeting, making it the fourth consecutive meeting in which it held rates steady.

Stablecoin regulation advances in Senate, opening path to mainstream use. Circle CEO says it could strengthen the dollar and unlock trillions in value.

Ken Langone voices concern over America's economic standing, cautioning against rate cuts amid weak retail sales, manufacturing data and mounting debt that threatens currency integrity.

President Donald Trump slammed Federal Reserve Chairman Jerome Powell as "stupid" before the central bank's interest rate announcement on Wednesday afternoon.

Amazon CEO warns AI will reduce corporate workforce as the company embraces generative AI technology, urging employees to adapt in the transformation.

Gap Inc. invests millions in Gallatin facility with a focus on robotics and automation, creating 100 new jobs while strengthening American operations.

A new analysis by The Senior Citizens League found the Social Security COLA for 2026 could be 2.5%, higher than previously projected after inflation ticked higher in May.

The Trump administration is touting new data from the Treasury Department showing blue-collar wages are up more in the first five months than any administration since 1968.

Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian oil that comes off the market.

PYMNTS reported this week that its survey found just 40% of American consumers are "planners," meaning their strategy for money was more foresighted.

Senate Republicans introduced tax cuts to prevent a $4 trillion tax hike, including permanent lower tax brackets and new deductions for tips and overtime.