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Economy
Federal budget deficit widens by $109 billion despite tariff revenue influx
The U.S. federal government's annual budget deficit has widened by $109 billion so far this fiscal…
Pfizer COVID vaccine may lose FDA authorization, company says
The U.S. Food and Drug Administration (FDA) may not renew the Emergency Use Authorization for…
Aviation groups tell Congress government shutdown would harm air travel safety and operations
U.S. airlines and aviation groups are warning Congress that a government shutdown at midnight would…
Electronic Arts goes private in largest leveraged buyout deal in gaming history
Video game maker Electronic Arts – known for The Sims, Madden NFL, Plants vs. Zombies…
Electronic Arts faces largest leveraged buyout deal in gaming history
Video game maker Electronic Arts – known for The Sims, Maddel NFL, Plants vs. Zombies…
Americans face soaring coffee costs due to tariffs and production issues
Americans are paying more for their coffee as prices for the caffeinated commodity are near…
August PCE: Fed’s favored inflation gauge shows consumer prices remain elevated
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers…
Amazon to pay $2.5B Prime settlement with customer refunds
Amazon is set to pay a historic $2.5 billion settlement after it was accused of…
Mortgage rates rise to 6.3%: Freddie Mac
Mortgage rates rose this week for the first time since mid-July, mortgage buyer Freddie Mac…
Metro areas throughout the country to benefit from lower mortgage rates
Metros in Virginia, Colorado and North Carolina with younger, more mobile populations stand to benefit…
US economy hit 3.8% GDP growth in second quarter: Commerce Department
The U.S. economy accelerated in the second quarter as the Commerce Department released its second…
Revolution Wind project back on track after court ruling against Trump
Construction on a U.S. offshore wind project has resumed after a federal judge ruled that…
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