Federal Reserve Board Chairman Jerome Powell speaks during a press conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., July 26, 2023. REUTERS/Elizabeth Frantz
United States

Surprisingly durable US economy poses key question: Are we facing higher-for-longer interest rates?

U.S. Treasury Secretary Janet Yellen speaks during a press conference at the U.S. embassy in Beijing, China, July 9, 2023. REUTERS/Thomas Peter
Politics

Treasury Secretary upbeat on U.S. economy, says Bidenomics is driving investment, job growth

President Joe Biden (L) and former U.S. President Barack Obama (R) rally for Pennsylvania Democratic Senate nominee John Fetterman and Democratic gubernatorial nominee Josh Shapiro at the Liacouras Center on November 5, 2022 in Philadelphia, Pennsylvania. (Photo by Mark Makela/Getty Images)
Politics

Biden reelection campaign offering joint meeting with Obama as ex-president enters 2024 fray early

A home under construction is shown on Sunday, Aug. 6, 2023 in Sudbury, Mass. On Thursday, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Peter Morgan)
Real Estate

Average long-term US mortgage rate climbs to 6.96% this week, matching highest level this year

An electric vehicle is plugged into a charger in Los Angeles, Aug. 25, 2022. (AP Photo/Jae C. Hong, File)
United States

The EPA’s ambitious plan to cut auto emissions to slow climate change runs into skepticism

A sign announcing a face mask requirement is displayed at a hospital in Buffalo Grove, Ill., Friday, Jan. 13, 2023. COVID-19 hospital admissions are inching upward in the United States since early July 2023. It’s a small-scale echo of the three previous summers. (AP Photo/Nam Y. Huh)
United States

COVID-19 hospitalizations in the US are on the rise again, but not like before

PHOTO: Zach Gibson/Getty Images
United States

IRS aims to go paperless by 2025 as part of its campaign to conquer mountains of paperwork

PHOTO: Ed Jones/AFP/Getty Images
United States

Extreme heat cuts into U.S. small business, worker hours in July, report shows

PHOTO: Shutterstock
Markets

Existing-Home Sales Retreated 3.3% in June; Monthly Median Sales Price Reached Second-Highest Amount Ever

An American Airlines aircraft flies past the tail of a United Airlines aircraft as it lands at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. REUTERS/Joshua Roberts
Companies

Shifting trends in travel demand bedevil U.S. airlines

Students in Jane Cornell’s summer school class learn storytelling skills at Mary D. Lang Kindergarten Center in Kennett Square, Pa. | Matt Rourke/Associated Press
Education

U.S. students trailing pre-pandemic learning levels, new study shows

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