Federal budget deficit hits $2T in first 11 months of fiscal year 2026, CBO reports

The federal government's annual budget deficit reached $2 trillion after the first 11 months of fiscal year 2026, the nonpartisan Congressional Budget Office (CBO) reported.

States collect billions in cannabis taxes as legal markets expand, Census Bureau says

States and the District of Columbia collected an estimated $3.55 billion in cannabis excise taxes between July 2025 and June 2026, according to the U.S. Census Bureau.

US bans Canadian motorcycle, dairy, alcohol imports amid trade war

The U.S. is banning Canadian alcohol, dairy products, and motorcycles starting in late September as a retaliatory trade battle between the nations intensifies.

Home prices fall in most major US cities as housing market cools: See where

Home prices fell year over year in most major U.S. metro areas in August as high mortgage rates continued to challenge affordability and the housing market cooled.

The 10 fastest-growing jobs in America over the next decade

The Bureau of Labor Statistics (BLS) recently released a report projecting how the U.S. workforce will grow from 2025 to 2035 and what professions will see the largest increases in jobs as the economy evolves.

National average price for diesel reaches all-time high at $5.85 a gallon

The national average price of diesel gasoline has hit a new all-time record high in the U.S. on Friday, rising to an average of $5.85 a gallon.  

Mortgage rates hit highest level in more than a year

Mortgage rates rose to their highest level in more than a year, with the average 30-year fixed mortgage rate increasing, Freddie Mac reported.

Trump calls for boost to film, TV production with tax incentives

President Donald Trump is urging Congress to enact new tax incentives for the entertainment industry to stimulate job growth, while maintaining film and television production in the United States.

Few Americans support 'Lake America' name, poll finds

A majority of Americans ‌oppose President Donald Trump's order to rename Lake Ontario as "Lake America," a new poll found.

Here's when Social Security COLA update is expected to be announced

Retirees can start planning: The Social Security Administration is expected to announce the 2027 cost-of-living adjustment, or COLA, soon. Here's when.

Economists don't anticipate reopening US to Mexican cattle imports to lower rising beef prices

The United States reopened a border crossing to cattle from Mexico to reduce surging beef prices, though economists question if the move will provide savings for consumers at the grocery store.

SNAP food aid enrollment drops 13% as new federal work requirements take effect

Supplemental Nutrition Assistance Program enrollment fell by more than 13% in one year following expanded federal work requirements and administrative shifts.

Walmart says it will use billions in tariff refunds to keep prices low

Walmart said it received nearly $2.9 billion in tariff refunds and plans to use some of it to support lower prices for shoppers, while the refunds also provided a significant boost to quarterly operating income.

US national debt surpasses record $40 trillion

The national debt for the United States has now surpassed $40 trillion for the first time in history. 

Proposed Paramount-Warner Bros. merger risks 4,500 LA film and TV jobs, report warns

A Los Angeles County report warns a proposed Paramount Skydance and Warner Bros. Discovery merger threatens 4,500 direct film and TV jobs and $4.06 billion in economic output.

US pauses 50% tariffs on Canadian imports after last-minute deal

The proposed tariffs, which would have gone into effect at 12:01 a.m. on Wednesday, would have covered around 5% of the goods Canada ships to the U.S. each year.