The Congressional Budget Office reported a $1.8 trillion federal deficit for fiscal year 2025, driven in part by a record $1 trillion interest costs from servicing the national debt.
Silver prices surpassed $50 an ounce for the first time on Thursday, driven by supply shortages and uncertainty surrounding economic conditions and geopolitical risks.
The IRS released updates for tax year 2026, adjusting tax brackets, standard deductions, estate tax exclusions and various credits for inflation and the One Big Beautiful Bill Act.
Boston officials reportedly consider city-run grocery stores as food insecurity affects 37% of Massachusetts households, nearly double the rate from 2019.
JPMorgan Chase CEO Jamie Dimon warned of a potential stock market correction within six months to two years due to geopolitical tensions and economic uncertainty.
American soybean farmers are facing financial hardship as China shifts purchases to Brazil and Argentina amid ongoing trade tensions over the Trump administration's tariffs.
Air traffic controller shortages caused over 2,000 flight delays Wednesday, with 53% of recent delays attributed to understaffing compared to the normal 5%, officials say.
Minutes from the Federal Reserve's latest policy meeting showed most policymakers supported interest rate cuts despite inflation concerns and tariff pressures affecting price stability.