Economy

Housing market sees major price cuts in expensive cities like San Jose and Los Angeles, while affordable markets maintain steady demand and stability, a new report found.

Record $6.4 billion Thanksgiving online spending surge driven by massive discounts up to 28% off electronics, 25% off apparel, and strong Cyber Week deals.

The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible workers can claim up to $25,000 for tips and $12,500 for overtime.

Thanksgiving dinner costs varied by state, with the national average reaching $80.22 for 12 people, according to Purdue University research ahead of the holiday.

Aston Martin partners with Tom Holland's non-alcoholic beer brand, Bero, in a new multiyear deal featuring collaborative content and exclusive brand events.

Over half of homebuyers now consider Thanksgiving hosting when house hunting, with Gen Z and millennials leading the trend at 60% each, a new survey shows.

The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House and Congress.

USDA plans major SNAP benefits reform to redirect nutrition funding toward healthier, American-grown foods as part of effort to reduce chronic disease.

Prediction markets Kalshi and Polymarket show a more than 80% probability of a 25-basis-point Federal Reserve interest rate cut at the central bank's Dec. 9-10 policy meeting.

The unemployment gap between college and high school graduates has reached its lowest level in decades, according to a new report from the Cleveland Fed.

Treasury Secretary Scott Bessent completes Fed chair interviews, narrowing candidates to a shortlist for President Donald Trump's review. The decision is expected by Christmas.