Economy

The troubling rise in delinquency comes amid heightened fears over a recession, with higher rates and increased price of goods putting strain on household budgets across the country.

One U.S. city reported its highest growth in hotel bookings for the first time since the start of the pandemic when the singer's tour came to the area.

Some economists believe if inflation keeps slowing and the economy shows signs of improvement, a July interest rate hike could be the Federal Reserve's last.

After a marathon overnight session, negotiations have reportedly collapsed between Sandy Springs-based United Parcel Service and the Teamsters Union which represents nearly 340,000 employees.

The collapse of Silicon Valley Bank, Signature Bank and First Republic Bank exposed different vulnerabilities that the Fed will likely address through new regulations.

States have relied on gas taxes for more than a century to maintain the nation's roads

President Joe Biden says high-speed internet is no longer a luxury but rather an “absolute necessity."

A shortage in homes for sale is fueling bidding wars, experts say.

Chair Jerome Powell reiterated that the Federal Reserve will likely raise interest rates at least once more this year because of persistently high inflation in the economy’s service sector and the surprisingly tight job market.

There's only about half the number of auto mechanics needed coming out of technical colleges and training programs every year.

Instant Pots, which became a must-have gadget several years ago, have been disappearing from kitchens.

Last month marked the slowest pace of inflation since March of 2021.

"You can’t possibly get everything done working three days a week in the office and two days remotely," Martha Stewart said.

As inflation continues to weigh down household budgets, thousands of camps and sports leagues are now offering buy now, pay later with a service called Wordline.

The debt ceiling bill averted the potential of an unprecedented government default that would have rocked the U.S. and global economies.

He's ready to sign on Saturday a budget agreement that suspends the nation's debt ceiling and eliminates the potential for a first-ever government default that would have sent shock waves through the U.S. and global economies.

Fending off a U.S. default, the Senate has given final approval to a debt ceiling and budget cuts package.

A surge of retirements, along with a slowdown in immigration that began during the pandemic, are the primary factors behind the labor shortages that continue to bedevil many employers.