Economy

Chipmaker GlobalFoundries will build two plants in the US for $21 billion

Trump says 'massive' oil, gas, mineral exploration to begin in Greenland

Treasury imposes a $1.2 billion fine on Bank of America: The bank failed to report more than $5 billion in suspicious transactions on time

Existing-home sales rebound in September but remain at low levels

The cost of living tops Americans' concerns one month before the midterm elections

Walmart to expand its drone delivery service to nearly 20 markets by 2027

Unemployment insurance claims fell to 197,000 last week

Trump defers federal tax on dyed diesel, allows on-road use amid record prices

Bayer announces $2.2 Billion investment in Ohio: Here’s what its new drug manufacturing plant will look like

The country added 29,000 jobs in September

Employment holds steady: Unemployment claims drop to 197,000 last week of September

The yield on the 10-year US Treasury bond hits its highest level since 2002

Commercial crude oil inventories rise by 900,000 barrels, exceeding expectations

From $7 trillion in spending to $40 trillion in debt: Fiscal Year 2026 by the numbers

US enforces a ban on several products imported from Canada

Boeing's stock falls following software glitch affecting 737 MAX's automated flight guidance system

Between the war with Iran and inflation, mortgage rates climb back above 7%

Bank of America commits to domestic talent: 1,000 trainees and $150 million in training

The CBO warned that the Social Security retirement fund will be depleted by mid-2032 and that, without congressional reform, benefits from that fund would fall by about 26%

