Economy

Omega Family Office CEO Leon Cooperman warns that the U.S. is heading towards a financial crisis, arguing that "nobody" knows...

The rapid economic growth rate seen in the last three months of 2023 reinforces the Federal Reserve’s cautious approach to...

WASHINGTON - Today, the Biden administration announced the cancellation of nearly $5 billion in student debt for an additional batch...

Google will lay off several hundred employees on its advertising-sales team in another round of cost-cutting measures, the company said. ...

The U.S. economy scored another good grade Thursday, showing stronger-than-expected growth of 3.3% in gross domestic product for the fourth...

BUDAPEST (Reuters) - Hungary's finance minister on Saturday warned against complacency despite a sharp fall in the European Union's highest...

Walmart announced Thursday that its U.S. store managers will get a raise in February, increasing the average hourly wage at...

No one said it would be easy to forecast an economy, coming out of a pandemic, after unprecedented fiscal stimulus...

WASHINGTON - Fannie Mae has revised its mortgage rate forecast, now expecting rates to decline to around 5.8% by the...

Wayfair is cutting about 13% of its global workforce, affecting approximately 1,650 employees, the company announced Friday. The e-commerce home...