Economy

Berkshire Hathaway chairman and CEO Warren Buffett's annual letter to shareholders touted the company's record tax payments and urged the federal government to spend the money wisely.

Warren Buffett's annual letter is chock full of tidbits and advice for Berkshire Hathaway investors including a hat tip for its stock holdings such as Apple, American Express, Coca-Cola and Moody’s.

Consumer sentiment plunged more than expected in February while households' inflation expectations amid uncertainty over the impact of President Trump's economic plans.

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.

Banks are flying gold bars from London to New York City on commercial jets to address a market disparity brought on by economic uncertainty surrounding President Trump's tariff plans.

Federal Reserve officials cautioned that uncertainty over the impact of President Trump's tariffs and immigration policies could impact the outlook for curbing inflation.

Mercedes-Benz CEO Ola Källenius spoke to reporters after the company's quarterly earnings report and signaled the automaker is open to investing more in the U.S.

Mortgage rates fell for a fifth week in a row but remain elevated near 7%, Freddie Mac said on Thursday. The average rate on a 30-year fixed mortgage is 6.85%.

Newly-confirmed Commerce Secretary Howard Lutnick believes reciprocal tariffs can bring in $700 billion per year and ultimately dissolve the need for the IRS.

Walmart reported strong quarterly results, continuing to benefit from an increase in higher earners who were purchasing more groceries and discretionary items.

The U.S. was home to plenty of lively housing markets in January, but several locales emerged as the hottest, according to Realtor.com.

Commerce Secretary Howard Lutnick discusses the Trump administration's economic agenda after his recent confirmation on "Jesse Watters Primetime."

Tariffs recently announced by President Donald Trump causing worry among U.S. homebuilders, particularly in regards to material costs.

Federal Reserve policymakers noted the potential for higher tariffs to contribute to inflation remaining above the central bank's 2% target rate in the minutes from their last meeting.

President Donald Trump is planning to impose 25% tariffs on imported automobiles as well as tariffs at a similar level on pharmaceutical imports and semiconductors.

A coalition of U.S. aviation industry groups sent a letter to Congress calling for the modernization of the nation's air traffic control system to prevent future accidents.

Elon Musk expressed interest in an idea to create a "DOGE dividend" to give taxpayers a refund using funds saved amid the Department of Government Efficiency's work.

EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced “significant" macroeconomic challenges.

This year only has just over one-and-a-half months in the books so far, but multiple companies have already announced layoffs, including Blue Origin, JPMorgan Chase and Estee Lauder.