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Economy

Latest updates on the U.S. economy.

Oil prices could spike amid US strikes on Iran nuclear sites. What we know

Oil prices could spike amid US strikes on Iran nuclear sites. What we know

Oil prices may change after the United States’ involvement in the Israel-Iran war. Some experts warn that possible retaliation by Iran could interrupt the influx of crude oil, which may harm global economies.

June 23, 2025 2:06pm EDT
How much money you need to retire in your state – without Social Security

How much money you need to retire in your state – without Social Security

With Social Security's future uncertain, the amount of money to retire comfortably varies substantially by state. Here’s where your area ranks.

June 20, 2025 3:55pm EDT
Medicare, Social Security now expected to run out quicker: See the dates and why

Medicare, Social Security now expected to run out quicker: See the dates and why

The date at which the programs would no longer have funds to pay full benefits were moved up.

June 18, 2025 4:39pm EDT
Feds make decision on interest rates: What to know

Feds make decision on interest rates: What to know

Federal Reserve officials expect inflation to worsen in the coming months but they still foresee interest rate cuts by the end of this year.

June 18, 2025 2:27pm EDT
Here's how many homes are sitting vacant across the US -- and where

Here's how many homes are sitting vacant across the US -- and where

There are roughly 14.9 million vacant homes across the United States, according to LendingTree data.

June 17, 2025 9:04pm EDT
Americans spend $164 billion a year on cable, internet services, study finds

Americans spend $164 billion a year on cable, internet services, study finds

A new report finds U.S. households are spending more than ever on cable and internet services, with the average household shelling out over $1,000 per year—and some cities paying nearly double that.

June 16, 2025 5:07pm EDT
Trump tariffs likely to raise appliance prices, experts say

Trump tariffs likely to raise appliance prices, experts say

Prices for major appliances jumped in May, and new tariffs backed by President Donald Trump are expected to push them even higher as manufacturers face rising costs for foreign-made materials.

June 13, 2025 9:59pm EDT
These cities have the highest and lowest credit card debts in 2025

These cities have the highest and lowest credit card debts in 2025

Credit debt is steadily growing nationwide, and these areas are affected the most by it based on a new study.

June 12, 2025 3:51pm EDT
Paramount slashes jobs as streaming wars intensify

Paramount slashes jobs as streaming wars intensify

Paramount said it is focused on "reducing our headcount in finance, legal, technology and other support functions."

June 11, 2025 4:28pm EDT
Google offering buyouts to employees across the company

Google offering buyouts to employees across the company

The tech giant is offering the buyouts in several key divisions of the company as part of a cost savings effort.

June 11, 2025 3:01pm EDT
CPI inflation report: Which prices changed the most last month

CPI inflation report: Which prices changed the most last month

Here’s a closer look at May’s CPI inflation report, and which prices increased and decreased the most.

June 11, 2025 1:45pm EDT
US layoffs spike nearly 50% as DOGE-driven cuts take center stage

US layoffs spike nearly 50% as DOGE-driven cuts take center stage

Employers have announced nearly 80,000 planned hires in 2025 so far, though that's a historically low pace compared with recent years.

June 6, 2025 12:24pm EDT
Procter & Gamble cutting up to 7,000 jobs amid tariffs, consumer uncertainty

Procter & Gamble cutting up to 7,000 jobs amid tariffs, consumer uncertainty

Procter & Gamble, the maker of Tide detergent and Pampers diapers, says it will cut up to 7,000 jobs over the next two years.

June 5, 2025 11:22am EDT
Study finds rising anxiety among Gen Z about life after high school

Study finds rising anxiety among Gen Z about life after high school

A new national survey reveals major gaps in how prepared students feel after high school—especially when it comes to money, mental health, and planning for the future.

June 4, 2025 8:46pm EDT
Retirement account balances dip in 1st quarter, but savers keep contributing

Retirement account balances dip in 1st quarter, but savers keep contributing

Fidelity analysis shows combined employee, employer savings rate at 14.3%, near suggested target.

June 4, 2025 6:25pm EDT
Retailers shift supply chains to reduce risks from Trump’s tariffs on China

Retailers shift supply chains to reduce risks from Trump’s tariffs on China

Macy’s and Target cut China sourcing amid rising tariffs and trade war uncertainty under Trump administration

June 3, 2025 7:04pm EDT
Trump's 'big, beautiful' bill is a 'disgusting abomination,' Elon Musk now says

Trump's 'big, beautiful' bill is a 'disgusting abomination,' Elon Musk now says

Elon Musk has strongly criticized President Donald Trump’s sweeping tax-and-spending bill, calling it a “disgusting abomination" and urging lawmakers to reject it.

June 3, 2025 5:26pm EDT
Can Trump fix the national debt? GOP senators, investors and even Elon Musk have doubts

Can Trump fix the national debt? GOP senators, investors and even Elon Musk have doubts

The president is touting his massive tax breaks bill to repair the U.S. debt, but some are expressing concerns if his legislation can actually trim the nation's deficit.

June 2, 2025 12:11pm EDT
Surge in steel tariffs could threaten Trump promise of lower grocery prices

Surge in steel tariffs could threaten Trump promise of lower grocery prices

President Donald Trump has announced a 50% tariff on imported steel and aluminum, raising concerns about rising costs on a wide range of consumer goods, especially groceries.

June 2, 2025 10:47am EDT
Appeals court temporarily reinstates Trump tariffs

Appeals court temporarily reinstates Trump tariffs

The appeals court temporarily halted the order from a federal trade court issued a day before.

May 29, 2025 4:07pm EDT
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