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Buy now, pay later usage for groceries nearly doubles as consumers struggle with food costs
A new report highlights a rise in buy now, pay later services for groceries, indicating financial strain among some households amid rising food prices.
Judge rules Trump acted lawfully in Chinese tariffs, in court win for White House
A federal judge agreed with Presidend Donald Trump’s assertion that he can use a 1970s law to unilaterally impose sweeping tariffs on other countries' goods.
Trump threatens 25% tariff on iPhones, 50% tariff on EU goods amid trade tensions
President Donald Trump is set to impose fresh tariffs on both Apple and the European Union, saying that the iPhone manufacturer and the trading bloc have not heeded to his previous demands.
What will no taxes on tips cost in foregone tax revenue?
The Senate passed the No Tax on Tips Act, a key element of President Donald Trump's tax cut plan, with bipartisan support despite concerns over its $10 billion annual price tag.
Fast-food workers must work nearly an hour to afford meals they serve
Fast-food workers are facing an affordability crisis, needing to work longer hours to afford the meals they serve. Wage gaps highlight economic issues in the food industry.
National Debt Tracker: American taxpayers (you) are now on the hook for $36,214,475,432,210.84 as of 5/21/25
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
Gas prices hit 4-year low ahead of Memorial Day weekend
Gas prices are falling to a four-year low as Americans prepare for Memorial Day weekend. AAA estimated that there will be 45.1 million travelers, of which 39.4 million will drive.
Treasury Department to halt penny production after centuries in circulation
The Treasury is phasing out production of the penny, a coin that has been in circulation for centuries, in a move that is expected to save $56 million each year.
Mortgage rates rise to highest level since mid-February
The average rate on the 30-year fixed mortgage rose this week to 6.86%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.81%.
Federal Reserve governor warns US deficit 'not sustainable' as Treasury bond demand weakens
Federal Reserve Governor Christopher Waller said markets are demanding higher Treasury yields due to concerns about tax cuts widening the federal budget deficit.