U.S. Economy

Chicago Federal Reserve President Austan Goolsbee said the neutral rate is "well below" where it is right now, and policymakers can cut further so long as the economy does not overheat.

Kohl's announced that CEO Tom Kingsbury is stepping down in January. He will be replaced by Ashley Buchanan, the current chief executive of arts and crafts retailer Michaels.

Concerns are rising that the sweeping tariffs on all foreign imports that President-elect Donald Trump has vowed to impose could cause the prices of groceries to rise.

Bilt, which has become widely known as a loyalty program helping renters earn on their biggest reoccurring expense, is trying to help people shift into home buying.

Consumers impacted by the $12 million settlement with the Clif Bar & Company still have time to file and potentially receive a cash payment from the protein bar company.

A growing number of shoppers are facing fraud. That issue is many of them aren't recognizing the types of fraud that exist today, according to a recent report from AARP.

Spirit Airlines announced on Monday that its recent Chapter 11 bankruptcy filing won't impact travel. But industry experts say their could be issues ahead.

Monthly housing costs have risen to such a degree that the majority of residents making under $50,000 are struggling to make payments, a survey found.

The Centers for Disease Control and Prevention and public health officials across 18 states are investigating a multistate outbreak of E. coli linked to organic carrots.

Billionaire Elon Musk, who will help lead Trump's Department of Government Efficiency, addressed a crowd at the the America First Policy Institute gala at Mar-a-Lago.

Realtor.com economists have nailed down when the best time to buy a home is during the year. While interest rates are high, this year is no different.

Lowe's will provide millions of dollars in funds to small businesses in its home state of North Carolina that are struggling to recover in the wake of Hurricane Helene.

Spirit Airlines is reportedly planning to file for bankruptcy protection in a matter of weeks after revived merger talks with Frontier Airlines fell through.

Estimates from Coresight Research highlight how retail closures this year reached the highest level since the COVID-19 pandemic. Retailers announced 6,481 store closures as of Nov. 8.

Airlines have suspended operations to Haiti after Spirit and JetBlue airplanes were struck by gunfire. The State Department warned Americans not to travel to the country.

Home Depot reported better than expected sales during the prior three months as consumers relied on its products to help them recover from Hurricanes Helene and Milton.

Wells Fargo calculated the cost of a Thanksgiving meal for ten people. In two separate analyses, experts focus on the cost of name brand and store-brand to compared which is more cost effective.

California drivers may soon see a surge in gas prices after state regulators approved tougher policies for reaching the Golden State's climate initiatives.

Craft distillers in the U.S. are facing several issues including higher distilling input costs and potential tariffs on American whiskey, according to experts.

American Freight is shuttering all of its locations and kicking off store closing sales as part of Chapter 11 bankruptcy proceedings by its parent company.