Economy

The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.

Sweetgreen is working to keep farmers markets, a key resource for small-scale agriculture and a way to support food and beverage entrepreneurs, from shutting down.

On the heels of rate cuts, the housing market is slowly getting closer to a full recovery.

Mortgage rates rose this week with the average 30-year fixed-rate note climbing to 6.72%, dinging demand as overall mortgage applications decreased due to a drop in refinances.

Millions of Americans are gearing up for Christmas, with many planning to spend time with loved ones and cook food. Christmas dinner and gingerbread ingredients will be costlier, according to Expana.

The National Retail Federation, the nation's largest retail trade group, is sounding the alarm over retail theft, which the group argues is continuing to grow in scope and severity.

The Federal Reserve's policymakers announced that they will cut the benchmark federal funds rate by a quarter point in December, marking the central bank's third straight cut.

The full retirement age for Social Security is set to increase in 2025, with the age for new retirees to claim and receive their full benefit rising to 66 years and 10 months.

Credit card companies may be illegally devaluing rewards points or airline miles that customers have accrued, the Consumer Financial Protection Bureau warned.

Whether it's meeting about taxes or deregulation, Kevin O'Leary believes America's top CEOs want to "suck up" to President-elect Trump for one overarching reason: power.

Macy's needs to change its thinking in order to drive younger customers back to its brick-and-mortar stores, according to activist investor Barrington Capital.

President-elect Trump's upcoming return to the White House has caused optimism among CEOs and investors for economic conditions in 2025 to rise, according to a survey by Teneo.

Worcester County, Maryland, commissioners approved a resolution to acquire two properties being considered by US Wind for an operations facility, through eminent domain.

Some Walmart employees in Texas will be testing out body cameras as part of a pilot to ensure employee are safe. The stores will also have signage notifying customers of the cameras.

Costco is the latest retailer to warn that President-elect Trump's proposed tariffs would raise costs. However, the warehouse giant said it's hard to predict the impact.

The holiday season is underway and fraudsters are looking to capitalize on it. Experts tell FOX Business about scams to be on the lookout for this season.