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National average gas prices reached a four-year low, with analysts projecting stability through the Independence Day holiday despite tensions in the Middle East.

The Commerce Department released the PCE inflation report for May which found the Federal Reserve's favored inflation gauge ticked slightly higher to 2.3%.

More than 17,500 people gathered for SkillsUSA's National Leadership & Skills Conference, which allowed students to compete across different trades and leadership fields.

Teen jewelry retailer Claire's explores sale options as it struggles with competition, Trump tariffs and consumer spending shifts while facing a $500 million loan due in 2026.

The U.S. dollar sank to three-year low following reports that Trump plans to announce Powell's Fed chair successor early, with Kevin Warsh and Kevin Hassett among leading contenders.

The UAE and U.S. are the countries projected to lead in attracting millionaire migrants this year, while the U.K., China and India face the largest net outflows.

The average rate on the 30-year fixed mortgage fell this week to 6.77%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.81%.

FHFA instructed Fannie Mae and Freddie Mac to prepare proposals for including cryptocurrency as an asset for mortgage reserves without converting to U.S. dollars.

The Commerce Department released its third estimate of U.S. gross domestic product for the first quarter and found the economy contracted at an annual rate of 0.5%.

The White House disputes the CBO's $2.8 trillion deficit projection for Republican tax package, claiming the analysis understates economic output and productivity growth.