Economy

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Fed minutes reveal split on future rate cuts and inflation worries

The minutes of the Federal Reserve's policy meeting last month show that the path for interest…

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September jobs report: US economy added 119,000 jobs amid economic uncertainty

The U.S. economy added jobs in September amid uncertainty about economic conditions, but job creation…

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Walmart raises outlook after food, health sales fuel revenue beat

Walmart Inc. on Thursday raised its outlook after beating Wall Street expectations, fueled largely by…

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Elon Musk predicts AI and robotics will make work optional in future

Billionaire Elon Musk is signaling that artificial intelligence and robotics could eliminate the need to work…

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Trump’s agriculture secretary disputes industry expert’s $10 beef price warning

U.S. Agriculture Secretary Brooke Rollins pushed back on predictions that Americans could soon pay $10…

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Bessent warns of inflation ‘perfect storm’ amid Trump economic push

U.S. Treasury Secretary Scott Bessent revealed more details about how the Trump administration is fighting…

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Google’s $40 billion Texas data centers to create thousands of jobs

Alphabet's Google is investing $40 billion to build new data centers in two Texas counties.…

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FHFA evaluates portable mortgages amid housing affordability concerns

Federal Housing Finance Agency Director Bill Pulte said the government agency is "actively evaluating" portable…

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Mortgage rates rise to 6.24%: Freddie Mac

Mortgage rates ticked higher for the second straight week, mortgage buyer Freddie Mac said Thursday.…

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Beef prices headed to $10 a pound by 2026, industry CEO warns consumers

America’s beef bills are set to keep climbing, according to Omaha Steaks President and CEO…

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