Why everyone from Musk to Wall Street is worried about U.S. debt payments
The federal government now spends more on servicing its debt than it does on defense. The GOP's new tax bill could ratchet that higher, experts say.
Inflation rate edged higher by 2.4% in May, CPI report shows
The inflation rate is inching higher, with Wall Street expecting tariffs to increase prices throughout the remainder of 2025.
MyPillow CEO Mike Lindell is using his trial to sell pillows and raise money
MyPillow CEO Mike Lindell is asking for financial support during his defamation trial, urging consumers to buy his products or donate online.
Paramount to cut 3.5% of its workforce amid economic, media challenges
Paramount layoffs come as media giant prepares to merge with movie studio Skydance Media.
California Gov. Gavin Newsom is floating a federal tax boycott
California Gov. Gavin Newsom suggested withholding the state's taxes amid reports the Trump administration may cut funding for the state's universities.
Tesla shares plunge as Trump suggests stripping contracts from Musk
Tesla's stock price tumbles 14%, erasing more than $150 billion in the automaker's value, as Elon Musk and President Trump trade barbs.
Americans are filing for Social Security at record rates. Here's why.
Spike in early Social Security claims this year points to growing concerns about the health of the Social Security system, experts say.
Procter & Gamble says it will cut 7,000 jobs over the next 2 years
Procter & Gamble plans to cut non-manufacturing jobs as it seeks to compete in what the company calls an "increasingly challenging environment."
What is an autopen? Here's what to know about the device.
President Trump is putting a political spotlight on autopens, machines that have been used for decades by presidents, writers and more.
Millions of kids could lose the Child Tax Credit under GOP budget bill
Republican tax bill requires both parents to have a Social Security number to qualify for the Child Tax Credit, a policy shift that would make millions of kids ineligible.
Social Security garnishment for defaulted student loans is paused
The Trump administration last month started garnishing paychecks and Social Security benefits to collect defaulted loans.
OECD forecasts a sharp economic slowdown in the U.S., citing tariffs
U.S. economic growth is likely to "slow markedly" this year and next, due to tariffs and uncertainty under the Trump administration.
Bill Gates says most of his $200 billion fortune will go to Africa
Bill Gates said on Monday that most of the $200 billion he plans to donate over the next two decades will be aimed at helping Africa.
China says U.S. violated tariff truce as trade war heats up
China's allegations come after President Trump on Friday accused the Chinese of violating a May 12 trade pact.
Crypto kidnappings on the rise as criminals resort to "wrench attacks"
A rash of attacks on cryptocurrency owners is combining cybercrime with old-fashioned thuggery, experts say.