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National Debt Tracker: American taxpayers (you) are now on the hook for $36,213,572,785,415.03 as of 6/11/25
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.
JPMorgan CEO Jamie Dimon warns economic conditions may deteriorate soon
JPMorgan Chase CEO Jamie Dimon warned U.S. economic conditions could deteriorate soon, undermining a potential soft landing with employment declining and inflation rising slightly.
Vance echoes Trump's call for Fed's Powell to cut interest rates: 'Monetary malpractice'
Vice President JD Vance echoed President Donald Trump's calls for the U.S. central bank to lower interest rates, saying its refusal to do so is "monetary malpractice."
US, China reach 'framework' to implement trade deal, Lutnick says
Two days of trade talks between the U.S. and China in London resulted in an agreed-upon "framework" to implement a trade deal reached last month, Lutnick says.
Inflation increased slightly on an annual basis in May
The Bureau of Labor Statistics reported that the consumer price index (CPI) increased in May, as inflation remained above the Federal Reserve's 2% target.
Goldman Sachs: Wealthy Americans to continue exodus from high-tax states even with higher SALT deduction
Goldman Sachs analysis finds higher SALT deduction caps unlikely to prevent high-income households from moving from high-tax states to low-tax states amid rising interstate migration.
Paramount slashes jobs as streaming wars intensify
Paramount Global is slashing its U.S. workforce by 3.5% as it takes "hard, but necessary steps to further streamline" the company, according to a memo obtained by FOX Business.
OpenAI says this state will play central role in artificial intelligence development
OpenAI executives told business and civic leaders in New York that the city and state can play a central role in the development and adoption of artificial intelligence.
Gen. Keane warns China conducting 'most comprehensive penetration' of US society in our 250-year history
Chinese threat escalates with arrests of nationals smuggling biological pathogens into the U.S., part of what Keane calls the most comprehensive penetration in history.
Consumers are paying the costs for Trump's tariffs: New York Fed
Federal Reserve Bank of New York finds 75% of businesses facing tariff-induced cost increases are raising prices amid uncertainty about future tariff policies.