Economy
Image
Gross national debt in US surpasses $39 trillion; increases by $1 trillion in less than 6 months
"At the current growth rate, we will hit a staggering $40 trillion in national debt before this fall's elections. Borrowing trillion after trillion at this rapid pace with no plan in place is the definition of unsustainable," Peterson explained.
Image
Forbes: A record 989 billionaires are in the U.S., 88 are in Texas
The analysis counted a record 3,428 billionaires worldwide living in 80 countries and territories. More than half, 51%, live in three countries: the U.S., China and India.
Image
US economic freedom reverses decline, has biggest annual increase in 25 years: Heritage Foundation
The U.S. economic freedom score increased by 2.6 points from last year to 72.8, ranking 22nd among the more than 176 countries that had completed scores in the index
Image
Price of oil tops $100 per barrel for first time since 2022 as war in Iran continues
Energy Secretary Chris Wright predicted on Sunday the rising oil prices would be temporary.
Image
BlackRock summit to focus on workforce needed for U.S. infrastructure boom
A coalition of government officials, corporate executives, and labor leaders is gathering in Washington next week to address what many see as the biggest obstacle to a new wave of U.S. infrastructure investment: finding enough skilled workers to build it.
Image
US lifting some restrictions on Russian oil in light of spike in prices due to Iran conflict
Treasury Secretary Scott Bessent told Fox Business that the U.S. would reverse course and allow India to buy some Russian oil.
Image
US economy lost 92,000 jobs in February, more than analysts expected
The annualized unemployment rate for last month was 4.4%, relatively unchanged from January.
Image
Trump's newest tariff program won't raise nearly as much money as original
CBO estimated the reduction in tariffs following the Supreme Court decision will increase primary deficits by $1.6 trillion over the next decad
Image
Dow tumbles by nearly 800 points as Iran conflict widens
“We’ve seen no signs of de-escalation yet, and oil prices are continuing to move higher,” Jim Reid, global head of macro research at Deutsche Bank, said in a note.
Image
US stocks rebound after positive economic updates, oil prices dropping
The Dow Jones Industrial Average was up 301 points by midday
Image
Mortgage rates drop to under 6% for first time since 2022: Freddie Mac
"This rate, combined with the improving availability of homes for sale, is meaningful and will drive more potential buyers into the market for spring homebuying season," said Freddie Mac’s chief economist, Sam Khater
Image
Tin can crisis: America’s dinner table affordability hinges on tinplate cans
With most of the country still in the thick of winter, canned goods are important for cooking nutritious stews, chili and other staples during cold temperatures.
Image
GDP increases by 1.4% in fourth quarter, below estimates
The U.S. economy grew at a 2.2% pace overall in 2025, down from 2.8% in 2024