Scott Bessent, President-elect Donald Trump's choice to be Secretary of the Treasury, appears before the Senate Finance ...
New data shows retail and restaurant spending rose again last month, suggesting consumers unhappy about higher post-pandemic prices are still buying, especially when they can get a good deal.
"If Congress fails to act, Americans will face the largest tax increase in history a crushing 4 trillion tax hike," said Treasury nominee Scott Bessent.
A risk-taking culture, geographic advantages, and strong consumer spending continue to drive US economic growth way ahead of ...
The figures, announced Thursday, marked a clear sign that consumers are still able and willing to shop, and the data bodes ...
President-elect Donald Trump has the chance “to unleash a new economic golden age” in America, but must first extend tax ...
Unemployment claims have been on the rise, but job market stays strong with low layoffs and high job openings.
The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...
US shares and bond prices held on to their inflation-inspired gains from the previous session on Thursday as traders digested ...
Global growth is expected to hold at an annual rate of 2.7 percent for the next two years, the same as in 2024, the bank’s economists said.
The world economy is growing steadily in the face of global conflict, protectionist trade policies and high interest rates.
The US economy will keep booming over the next two years as solid growth leaves Europe lagging behind, according to the World ...