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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 the White House and Congress.

The projection for Social Security's 2026 cost-of-living adjustment rose to 2.7% as inflation trends higher, as the program faces insolvency challenges in less than a decade.

The average rate on the 30-year fixed mortgage fell this week to 6.58%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.63%.

The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns about inflation's economic impact.

Starbucks CEO sets a new service goal for baristas in order to improve in-store experience for customers, changes happen at stores across the U.S.

Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent economic growth from reigniting inflation.

Treasury Secretary Scott Bessent defended releasing monthly jobs reports amid accuracy concerns, emphasizing the need for improved data collection rather than pausing monthly releases.

The Food and Drug Administration could pull Pfizer's coronavirus vaccine emergency authorization for children under age 5.

GE Appliances plans to create 1,000 new jobs across Kentucky, Alabama, Georgia, Tennessee and South Carolina facilities as part of major expansion initiative

The U.S. national debt surpassed a historic $37 trillion milestone for first time as Treasury Department data shows federal government accumulating debt at rapid pace.