U.S. Economy

Tyson Foods will shutter its Lexington, Nebraska, beef plant, affecting 3,200 workers, and cut a Texas facility to one shift as the U.S. cattle herd shrinks to its smallest in 75 years.

The Congressional Budget Office raised its fiscal year 2026 deficit forecast by $200 billion, citing surging debt costs and a Supreme Court ruling that cut tariff revenue.

U.S. consumers drove auto, credit card and home equity balances higher in the second quarter even as the overall delinquency rate dipped, the New York Fed said.

Federal debt held by the public could reach 206 percent of GDP by 2075, driven by entitlement spending and interest costs that outpace revenue.

An unexpected contraction in July employment pushed traders to raise bets on a Federal Reserve rate cut, lifting futures and commodity prices.

May CPI rose 0.5 percent, above forecasts, pushing back rate cut expectations and hitting growth stocks while defensive plays outperform

President directly links rising fuel costs to U.S. sanctions aimed at preventing Iran from developing nuclear weapons

President's economic push comes as inflation holds above 3 percent for sixth straight month, with domestic manufacturers poised to benefit from new policies