Economy

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.

The average rate on the 30-year fixed mortgage remained flat this week at 6.76%, according to the latest data from mortgage buyer Freddie Mac released on Thursday.

President Donald Trump said a new trade deal with the United Kingdom will expand market access for U.S. agricultural products, including beef producers who faced non-tariff barriers.

President Donald Trump announced a new trade deal with the U.K., calling it the "first in a series of agreements" and an "incredible day for America."

Interest rates hold steady as the Fed studies the impact of economic tariffs.

The Federal Reserve kept interest rates unchanged at its latest meeting this week, leaving the benchmark federal funds rate at a range of 4.25% to 4.5%.

Used car prices rose in April as the auto market responded to President Donald Trump's tariffs, reaching the highest level since 2023 as buyers rushed to beat tariff price hikes.

Toyota held an earnings press conference, talking about impacts of tariffs by President Donald Trump. The company's earnings look much different from last year.

President Donald Trump said he will announce a “full and comprehensive" trade deal between the United States and the United Kingdom Thursday.

On "Mornings With Maria," Invenergy founder and CEO Michael Polsky announced his company would invest $1.7 billion into the economy to strengthen U.S. electricity infrastructure as part of a total $11 billion sum.

Treasury Secretary Scott Bessent testified before the House Financial Services Committee and discussed regulatory frameworks for the digital assets industry.

The Federal Reserve announced that it is leaving a key interest rate unchanged amid uncertainty over inflation and the labor market amid trade turmoil due to tariffs.

Mike Rowe warns that millions of working-age men are leaving the labor force and says a return to skilled trades could help solve the crisis.

Economic uncertainty surrounding President Donald Trump's tariffs has raised concerns about stagflation hitting the U.S. economy through slow growth or contraction as well as higher prices.