U.S. Economy

Record $6.4 billion Thanksgiving online spending surge driven by massive discounts up to 28% off electronics, 25% off apparel, and strong Cyber Week deals.

Over half of homebuyers now consider Thanksgiving hosting when house hunting, with Gen Z and millennials leading the trend at 60% each, a new survey shows.

Dick's Sporting Goods plans to close underperforming Foot Locker stores following its $2.4 billion acquisition to boost profitability and growth.

Nearly 30 states now offer gas under $3 per gallon for Thanksgiving travel, with Oklahoma leading at $2.50 while California tops out at $4.63 per gallon.

Despite real estate challenges, 10 U.S. cities saw major home value gains since the pandemic, with some properties increasing over 80% in six years.

Gap CEO Richard Dickson announces aggressive expansion into beauty and accessories, appointing industry veterans to lead the strategic push.

The rural housing affordability crisis deepens as income needed to buy a home jumped 105.8% since the pandemic, requiring $74,508 annually compared to $36,206 in 2019.

September jobs report surprises with 119,000 new positions added, more than double economists' forecasts, as government shutdown delayed crucial economic data release.

Verizon will lay off more than 13,000 workers as new CEO Dan Schulman implements an aggressive cost-cutting strategy to compete with AT&T and T-Mobile.

President Trump's energy policies drive Thanksgiving gas prices to $3.02 per gallon as the White House credits "drill, baby, drill" agenda for savings.

More than half of U.S. homes lost value in the past year, the highest share since 2012's Great Recession aftermath, new research shows.

Panera unveils "RISE" strategy to boost stagnant sales growth, targeting $7 billion in systemwide revenue by 2028 through a menu refresh and restaurant expansion.

President Donald Trump addressed affordability in America during a speech at the McDonald's Impact Summit in Washington, D.C., on Monday evening.

Hidden homeownership costs hit nearly $16,000 annually nationwide as the housing affordability crisis deepens, with maintenance and insurance driving expenses higher.

A Pennsylvania city ranks as the most affordable large housing market in the U.S., with a median listing price of $250,000, more than $150,000 below the national median.

Treasury Secretary Scott Bessent struck the final five pennies with rare omega marks, ending 230-plus years of U.S. penny production. Collectors' items could fetch millions.

There's not enough income because we've not had enough growth for quite some time, but growth solves a lot of problems

Treasury Secretary Scott Bessent says actions to lower prices on imported foods like coffee and bananas are coming soon, promising relief for American consumers.

Store brands can save families $20 on Thanksgiving dinner compared to name brands, according to new Wells Fargo research analyzing holiday meal costs and pricing trends.

Wendy's plans to close hundreds of U.S. locations next year as sales decline 4.7%. The fast food chain faces pressure from budget-conscious customers amid rising costs.