Americans' average household incomes are higher than ever, Census data shows

Median household income in the United States rose in 2025, setting a record for American earnings, according to new Census Bureau figures.

US credit card debt hits $1.26 trillion as delinquencies rise: What you can do

A rise in delinquent credit card payments is “prompting concerns that Americans are falling behind on their debt payments at rates not seen since the Great Recession," the New York Fed says.

New Social Security COLA estimates released after fresh inflation data

Social security recipients are on track to receive a larger cost-of-living adjustment in 2027, with early estimates coming in between 3.2% and 3.6%, according to a new analysis released after fresh inflation data. 

New study reveals Americans feelings on free enterprise, capitalism and socialism

A new poll offers insight into how Americans view different economic systems, highlighting public consensus and division over the trade-offs, benefits, and disadvantages of each approach.

Buc-ee's reveals managers can earn up to $275K without college degree

Popular gas station chain Buc-ee's has sparked an online debate after displaying signs advertising employee pay, including salaries of up to $275,000 a year for some store managers without a college degree.

Economist warns coming financial crisis will make 2008 look like 'Sunday school picnic'

As gold prices keep rising, American economist Peter Schiff says investors should view the rally as more than a hedge — calling it a warning that inflation is speeding up, the U.S. dollar is losing global trust and a major economic reckoning may be near.

Walmart raising prices due to tariff costs: What we know

Walmart says it will raise prices to counter higher costs from President Donald Trump’s tariffs, despite strong quarterly sales.

Stocks tumble as Trump’s tariffs roil global markets

The Dow, S&P 500 and Nasdaq fell sharply after President Donald Trump slapped tariffs on a host of countries Wednesday, including China, Japan, India and Europe.

Stellantis plans 900 temporary layoffs in US after Trump tariff announcement: report

Stellantis NV, the company that manufactures Ram trucks and Jeeps, is reportedly temporarily laying off 900 workers at five US facilities and pausing production in Canada and Mexico.

Trump tariffs target remote, uninhabited islands with no U.S. trade

President Donald Trump’s far-reaching new tariffs are going farther than many expected – far enough to reach remote islands where no one lives.

Trump postpones tariffs on most goods from Mexico for one month

The tariff delay would apply to goods that are compliant with the trade agreement President Donald Trump negotiated with Canada and Mexico during his first term in the White House.

Target quarterly results fall as holiday discounts and dockworker strike hit profits

Target etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on spending and costs related to a dockworker strike in October dragged on results.

Will the Fed's rate cut bring down mortgage rates?

While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, auto loans and credit cards. Mortgage rates are linked to moves in the 10-year Treasury yield.

Inflation continues to cool, latest numbers show

The prices of gas, groceries and cars are either falling or rising at slower rates than before the pandemic. That’s after peaking at a 40-year high in mid-2022.

Gen Z cynical about future as majority call cost of living the number one election issue

Gen Z young adults are "struggling to remain optimistic" about their economic futures, a new report says, as rising costs of living and unaffordable housing prices make them re-evaluate their dreams.

Fed holds interest rates steady, projects just one cut this year

The Federal Reserve on Wednesday held interest rates steady for the seventh straight time and scaled back the outlook for rate reductions later this year as high inflation lingers.