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Drugmaker Eli Lilly and Co. said Friday that it will build a $3.5 billion manufacturing facility in Pennsylvania, as the company expands domestic production and capitalizes on surging sales of obesity and diabetes treatments.

President Trump nominated Kevin Warsh, 55, to serve as chairman of the Federal Reserve on Friday.

American Express saw its profits grow 13% in the fourth quarter, as the credit card giant continues to benefit from its well-to-do clientele spending heavily on their cards on everything from luxury goods to restaurants to travel.

Sen. Elizabeth Warren of Massachusetts is casting doubt on President Trump's pick to lead the Federal Reserve, saying he's destined to put fealty to the White House above the central bank's independence.

President Trump said Friday he is nominating Kevin Warsh as chairman of the Federal Reserve, calling him reliable and straight out of "central casting."

Electric carmaker Tesla said Thursday that it is phasing out production of its Model S and Model X cars over the next quarter.

President Donald Trump held his first Cabinet meeting of 2026 on Thursday, focusing on the economy, housing, energy, health initiatives and drug prices. But while he painted a rosy picture of his administration's accomplishments, some of his boasts -

The Senate on Thursday night was preparing to vote on a spending package to avoid another prolonged government shutdown, but with only a two-week stopgap for the Department of Homeland Security as Democrats push to put guardrails on ICE.

The National Highway Traffic Safety Administration is investigating Waymo after a robotaxi hit a child near a Los Angeles-area elementary school.

President Trump said he's ready to announce his nominee to lead the Federal Reserve, scheduling the announcement for the first week of February.