U.S. Economy

The producer price index for final demand rose 0.4% last month after an upwardly revised 0.5% gain in December, the Bureau of Labor Statistics said on Thursday.

JCPenney is shuttering a handful of locations throughout the country. The company cited "expiring lease agreements" and "market changes" for the reason behind the closures.

President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t need to “hurry" to lower interest rates.

Bed Bath & Beyond is making a comeback to stores thanks to a $25 million investment deal with Kirkland's. Industry experts are still questioning whether the brand will survive.

Boom Supersonic says its XB-1 aircraft achieved supersonic flight without an audible sonic boom on the ground below. CEO Blake Scholl hopes supersonic passenger flight will eventually be allowed in the U.S.

Surcharges are never welcomed by consumers, but restaurant industry experts argue they are better than overall menu increases, which don't always come down.

Companies in the private sector added 183,000 jobs in January, payroll processing firm ADP said on Wednesday. The figure is above economists' estimates of 150,000 jobs.

Tyson Foods is implementing contingency plans for President Trump's looming tariffs that could take effect in a month if Canada and Mexico don't strike a final deal with the U.S.

The broader impact of President Trump's tariffs could cause food prices in the U.S. to rise at a time when grocery prices are still a pain point, experts say.

The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in line with economists' expectations.

Patrick De Haan, head of petroleum analysis at GasBuddy, warned Americans in the Midwest, the Rockies and the Great Lakes regions may be most affected by tariffs on Canada.

The U.S. economy grew at a rate of 2.3% in the fourth quarter of 2024, according to a new estimate released by the Commerce Department's Bureau of Economic Analysis.

A travel expert speaks on National Plan for Vacation Day about happenings at Disney parks this year and the importance of Americans using their time off.

Vice President JD Vance was pressed on Sunday during an interview about when grocery prices would come down for Americans following President Trump's first week in office.

The Trump administration announced plans to make housing more affordable, citing regulatory requirements as a main driver for why so Americans are unable to purchase homes.

Global coffeehouse chain Starbucks will cut corporate jobs as new CEO Brian Niccol continues to implement changes to bolster lagging sales and improve profitability.

President Trump previewed his administration's plans for energy policies in his inaugural address, including a national energy emergency and refilling reserves.

Thousand of Costco Teamsters across the U.S. are preparing to strike by the end of the month if the company does not present a "fair contract offer," the union says.

President-elect Trump selected Senate staffer Olivia Trusty for FCC commissioner on Thursday, a pick that would give Republicans control of the agency.

The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers of stubborn inflation experienced by consumers.