Economy

As Trump works at warp speed to assemble his cabinet, behind the scenes, the Treasury role turned into a Game of Thrones battle between Wall Street CEO Howard Lutnick and fund manager Scott Bessent.

Former star for the Chicago Bulls Scottie Pippen reveals the latest on his crypto currency adventures and the future of the industry.

President-elect Trump nominated Scott Bessent, the founder and CEO of global macro investment firm Key Square Group, for treasury secretary.

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.

The U.S. national debt broke a new record after crossing the $36 trillion mark for the first time as the federal government's mounting budget deficits cause the debt to surge.

The price of turkey has fallen for the second straight Thanksgiving, but the cost of a meal will still set consumers back 19% more than five years ago.

Republican Texas Gov. Greg Abbott is demanding all agencies in the state halt investments in China and sell any current investments in the country as soon as possible.

TJX Companies CEO Ernie Herrman said during an earnings call that the company could benefit from President-elect Trump's proposed tariffs on imported goods.

Barbara Corcoran says real estate will "go ballistic" if rates hit 5%. But if they go up, it could fuel "terrible" things for the market and slow down the U.S. economy.

Small businesses are still feeling pressure from worker shortages to inflationary pressures. The challenges are persisting as we enter the critical holiday period.

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.