Economy

The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.

Walmart CFO John David Rainey told FOX Business that the company won't be immune if President-elect Trump pursues a tariff on imports from all foreign countries.

Mortgage rates climbed this week with the 30-year fixed rate mortgage nearing 7%, after a drop in rates in September sparked a revival in existing home sales in October.

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.

If you thought the first price tag on Maurizio Cattelan’s viral banana duct-taped to a wall installation was obscene. This one might make you go bananas.

Former member of the Federal Reserve Board of Governors Kevin Warsh, a contender to serve as President-elect Trump's Treasury secretary, recently criticized DEI and said it should not influence monetary policy.

Boeing workers across the U.S. are learning about a round of layoffs, with most workers impacted currently working in the state of Washington.

Target CEO Brian Cornell told analysts on Wednesday that there was "continued softness" in certain discretionary categories "as consumers continue to spend cautiously."

Holiday travel is back. Companies, like Uber, are already trying to capitalize on what's projected to be an busy season. AAA already projected a record number of Thanksgiving travelers.

President-elect Trump nominated Cantor Fitzgerald CEO Howard Lutnick to serve as commerce secretary, a source familiar with the process confirmed to Fox News Digital.

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.

Walmart, a key indicator of U.S. consumer sentiment, surpassed Wall Street expectations and raised its full year outlook as more shoppers bought discretionary items.