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The CBO said the federal deficit hit $2 trillion in the first 11 months of FY2025, driven by higher Social Security and Medicare costs as well as interest expenses despite tariffs.

Nearly 300 Houston city retirees are still awaiting pension payments after accepting early retirement packages in May, with payments expected by September's end.

The Labor Department inspector general launched a review of BLS economic data collection issues following Trump's firing of the BLS commissioner and massive job revisions.

The average rate on the 30-year fixed mortgage fell this week to 6.35%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.5%.

The Bureau of Labor Statistics released the August consumer price index (CPI), which showed that inflation remained above the Fed's target ahead of the central bank's rate decision.

Business leaders react to the death of Turning Point USA founder Charlie Kirk, who was shot during an event at Utah Valley University on Wednesday afternoon.

Charlie Kirk, founder and president of conservative activism group Turning Point USA, was shot and killed during an event at Utah Valley University in Orem, Utah.

Cleveland Browns quarterback Shedeur Sanders had the fifth-highest-selling jersey in the NFL despite his backup role according to the NFLPA.

JPMorgan Chase CEO Jamie Dimon warned of economic uncertainty ahead, citing the delayed impact of tariffs, geopolitical challenges and policy changes under President Donald Trump.

Trump has challenged a court ruling protecting Lisa Cook's Fed position as the Justice Department opens a criminal probe into mortgage application fraud.