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The Treasury is phasing out production of the penny, a coin that has been in circulation for centuries, in a move that is expected to save $56 million each year.

Klarna's losses double even as buy now, pay later services grow in popularity. Experts have warned that these services can be a ticket to overspending.

A new report by Goldman Sachs finds that while larger tax cuts will yield a bigger growth boost, the drag on economic growth from tariffs will offset that gain.

Billionaire Elon Musk said in an interview that he plans to remain as the leader of Tesla for the next five years amid his involvement with DOGE and other business ventures.

Morgan Stanley's chief market strategist said in an investor note that a stock market decline related to the Moody's downgrade could give investors a buying opportunity.

Treasury Secretary Scott Bessent downplayed the U.S. credit downgrade as a "lagging indicator" of economic and fiscal conditions, after Moody's took the U.S. off its top tier.

Moody's recent downgrade of US bonds has sparked a debate on its credibility, political bias, and the effects of Trump's tax cuts on economic growth.

Millions of student loan borrowers face credit score drops due to delinquencies, impacting their ability to secure new loans, according to the New York Fed.

As gold prices hit $3,200 an ounce, A&M Precious Metals in LA thrives, buying and smelting gold jewelry. Customers are surprised by their cash returns.

Moody's Ratings downgraded the U.S. credit rating by one notch, from a pristine Aaa to Aa1, citing persistent and rising government debt as causing the move.