U.S. Economy
- U.S. News
Here’s what happens if Fannie Mae and Freddie Mac go private
Fannie Mae and Freddie Mac, two pillars of the U.S. mortgage market, are currently controlled by the federal government. Some…
Read More » - U.S. News
Credit card debt hit a record $1.21 trillion — here’s why ‘no one should be surprised,’ expert says
Asiavision | E+ | Getty Images Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to…
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Trump’s reciprocal tariffs would hit these European Union products that Americans buy the hardest
Workers walk past manufacturing equipment at Eli Lilly & Co. manufacturing plant in Kinsale, Ireland, on Sept. 12, 2024. Lilly…
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Ray Dalio to the Trump administration: Cut debt now or face an ‘economic heart attack’
DUBAI, United Arab Emirates — Hedge fund titan Ray Dalio issued a fresh warning about the U.S. economy, warning of…
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How the federal government spent billions rebuilding New Orleans after Hurricane Katrina
The city of New Orleans is still rebuilding and repairing homes that were damaged in the fallout from 2005’s Hurricane…
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Trump reciprocal tariffs could come by Thursday, White House says
U.S. President Donald Trump looks on, as he signs executive orders in the Oval Office of the White House in…
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10-year Treasury yield shoots above 4.6% after hot CPI report
The consumer price index rose 0.5% in January, and is up 3.0% over the last 12 months, according to the…
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Trump says interest rates should be lowered to go ‘hand in hand’ with his tariffs
U.S. President Donald Trump speaks in the Oval Office of the White House in Washington, D.C., U.S., Feb. 11, 2025. …
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How Uniqlo’s functional clothing has won over the U.S.
Uniqlo is catching on in the U.S. — and it may have more room to grow. With a market capitalization…
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Watch Fed Chair Powell testify live before the Senate Banking Committee
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…
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