US economy grew at 2.1% in first quarter
The U.S. economy grew at a faster pace than expected in the first quarter, according to the Commerce Department’s estimate. The Bureau of Economic Analysis (BEA)...
Category : Business
Bessent lays out 5 principles guiding Trump admin’s approach to economic statecraft
Treasury Secretary Scott Bessent on Tuesday outlined the Trump administration’s approach to economic statecraft in a speech in which he outlined five core principles guiding...
Delta CEO Ed Bastian reveals what he says must happen for airline ticket prices to fall
As American travelers feel the pinch of inflation and elevated airline costs, Delta Air Lines CEO Ed Bastian revealed exactly what it will take for...
Oil tanker traffic through Strait of Hormuz hits highest level since conflict began but mines remain
Traffic by tankers transiting the Strait of Hormuz has picked up amid the negotiations between the U.S. and Iran aimed at ending the war, which...
Housing affordability unlikely to return to more favorable levels of the past, economist says
The affordability of the U.S. housing market may not improve significantly over time for would-be homebuyers, with a new report suggesting that they shouldn’t wait...
Mortgage rates fall to lowest level in over a month as Iran deal framework takes shape
Mortgage rates fell this week to the lowest level in more than a month, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage...
Government regulations add nearly $132K to cost of new home, builders say
Government regulations now add roughly $132,000 to the cost of a typical newly built home, according to a new study from the National Association of...
Oil prices fluctuate as Trump’s Iran deal could fully reopen Strait of Hormuz
Oil prices fluctuated on Wednesday as investors cautiously await a forthcoming deal to end the war between the United States and Iran. The terms of...
Federal Reserve leaves interest rates unchanged as Warsh era begins
This is a developing story about the June 2026 FOMC interest rate decision and will be updated with further details. The Federal Reserve on Wednesday announced...
McDonald’s bringing back fried apple pie to celebrate America’s 250th birthday
McDonald’s announced Tuesday that it is bringing back its fried apple pie to celebrate America’s 250th birthday. The fried apple pies will be available at...