Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut
Economists expect that on Wednesday, Federal Reserve Chair Kevin Warsh and his fellow policymakers will side with the markets.
US 2026 budget gap hits $1.97 trillion with month left to go
Escalating concerns about inflation have sent yields to the highest levels in years this week.
The poorest in the US can’t find housing even as low-income units sit empty
Mathew Davis, who lives in a homeless shelter in Austin, Texas, would love an apartment of his own. But with the little money he makes donating blood plasma, even a…
Florida’s monthly jobless rate drops for first time since 2024
Florida's unemployment rate stands at 4.7% for June, a reduction from 4.8% the prior two months. The rate is still 0.5 percentage points higher than the national average, and higher…
From unfilled gas tanks to fewer frills, retailers see US consumers rethink their spending
Company executives and retail analysts say many shoppers are reassessing what they buy and where.