U.S. Economy

Treasury Secretary Janet Yellen said Friday that the United States will likely have enough reserves to push off a potential debt default until June 5.

Debt ceiling negotiators are zeroing in on a small list of key issues after President Joe Biden and House Speaker Kevin McCarthy met Monday afternoon.

First Republic Bank’s 84 branches in eight states will reopen Monday as branches of JPMorgan Chase Bank.

America’s employers added a solid 236,000 jobs in March, reflecting a resilient labor market and suggesting that the Federal Reserve may see the need to keep raising interest rates in the coming months. The unemployment rate fell to 3.5%, not far above the 53-year low of 3.4% set in January. Last month’s job growth was down from February’s gain of...

The Federal Reserve extended its year-long fight against high inflation by raising its key interest rate by a quarter-point despite concerns that higher borrowing rates could worsen the turmoil that has gripped the banking system. Fed Chair Jerome Powell sought to reassure Americans that it is safe to leave money in their banks, two weeks after a rush of depositors...

The swift move shocked executives of Signature Bank, said board member and former congressman Barney Frank.

Silicon Valley Bank, a major lender to tech startups, has been shut down by regulators.

The tech-focused bank was closed by regulators on Friday after attempts to raise more capital failed.

Before cleaning out your loose change, read this. There may be a penny in your purse worth hundreds of thousands of dollars.

Before cleaning out your loose change, make sure you’re not accidentally giving away a rare penny worth thousands of dollars.

When it comes to reassuring Americans about an economy that’s an election-year challenge to his party, President Joe Biden is telling the country to hold on.

The value of the U.S. dollar has been on a tear for more than a year against everything from the British pound across the Atlantic to the South Korean won across the Pacific.

The Federal Reserve announced Wednesday that they have raised the benchmark interest rate by 0.75% to curb high inflation.

As the Fed tries to pump the brakes on inflation, it will get more expensive to borrow. Here’s how to prepare.

Millions of people are quitting their jobs each month, while job openings are near record highs and layoffs are low. But the labor trend may have plateaued.

Tight supplies of new cars and rising inflation fears likely hit U.S. auto sales hard in the first quarter.

The White House on Thursday announced that the U.S. will release 1 million barrels of oil per day from strategic reserves.

The big carriers such as FedEx, UPS and Amazon make lots of deliveries, and none of those packages are being shipped for “free.”

NATO countries across Europe have done an about-face on defense spending in the immediate wake of the Russian invasion of Ukraine.

However, Biden said the U.S. currently has enough vaccine supply to ensure people ages 50 and older can get their fourth doses.