Economy

The White House on Friday directed federal agencies to get ready for a shutdown after House Republicans left town for the weekend with no viable plan to keep the government funded and avert politically and economically costly disruption of federal services.

The United Auto Workers strike has exposed tensions between President Joe Biden’s goals of fighting climate change and supporting unions.

The end of expanded financial assistance from the Covid-19 pandemic has wiped out progress made by the U.S. in fighting child poverty.

The Department of Housing and Urban Development said that fair market rents for fiscal year 2024 will rise about 12 % nationwide and that the department has increased funding for housing choice vouchers.

Raimondo arrived in Beijing on Sunday night, beginning a visit which came at the invitation of her counterpart, Chinese Minister of Commerce Wang Wentao.

Americans say they learned this money lesson as they were entering adulthood around age 22. But it’s something many still struggle to put into practice.

Kelly Ifill was actively opposed to becoming an entrepreneur — until she had the idea for Guava, a fintech startup aimed at helping Black-owned businesses.

Inflation in the United States edged up in July after 12 straight months of declines. But excluding volatile food and energy costs, so-called core inflation matched the smallest monthly rise in nearly two years. Here’s what’s getting cheaper

Trucking company Yellow Corp. has declared bankruptcy after years of financial struggles and growing debt. It marks a significant shift for the U.S. transportation industry and shippers nationwide.

Companies from Dunkin’ to Delta, Netflix to Sephora are pulling back on freebies and perks as they chase higher margins.

Fitch’s move comes just weeks after the White House and Congress resolved a standoff on whether to raise the government’s borrowing limit. Here’s what you need to know.

Everything from mortgages and credit cards to student and car loans has been affected by the Federal Reserve’s rate hike cycle.

The Federal Reserve’s expected move Wednesday to raise interest rates for the 11th time could once again send ripple effects across the economy. Perhaps no one has felt the pain more than car buyers. It’s not just that sticker prices are way up. Or that lenders have tightened credit standards. On top of all that, steadily higher auto loan rates...

Annual profits at UPS in the past two years are close to three times what they were before the pandemic.

While the fate of the national economy is still unclear, these ten states are well equipped to handle almost anything, including a recession.

Just as the American economy is struggling with high inflation and interest rates, the coming resumption of student loan payments poses yet another potential challenge.

As consumer tastes change, carmakers are upgrading their lineups and scaling back on less-expensive cars.

A new Charles Schwab survey finds well-being, not money, has become the leading measure of wealth for most adults today. 

As the cost of living in the U.S. continues to climb, foreclosures are also on the rise.

The collapse of a major dam in southern Ukraine sent global prices of wheat and corn higher.