Economy

Why the U.S. stepped in after decades to prop up Japan's yen

Washington's decision to join Japan in supporting the battered yen has prompted questions over what motivated the rare coordinated intervention.

U.S., Japan confirm coordinated yen intervention, signal readiness for more

Japan's finance ministry said Monday it conducted a coordinated yen-buying intervention with the U.S. Treasury on Friday.

The Iran War Is a Heavy Tax on Our Asian Allies

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Why people are dropping out of the workforce and not looking for new jobs: 'The market wore me down'

Candidates giving up in the face of relentless job searches could be part of the reason behind recent declines in the labor force participation rate.

California announces minimum wage increase as governor taunts Trump

Gavin Newsom says new pay floor of $17.40, set to become highest of any US state, will go into effect on 1 January

Here's how homeowners can lower their electricity bills

The rapid development of data centers, artificial intelligence, and domestic manufacturing is sparking fears that electricity prices will continue to soar, putting further strain on consumers’ wallets.

3 Mortgage Rate Mistakes to Avoid Post-Fed Rate Pause

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Here's how much interest a $10,000 2-year CD account will earn if opened this August

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Who qualifies for student loan forgiveness in 2026?

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How much interest can a $40,000 3-month CD earn savers who act now?

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UK prime minister hints at approving North Sea drilling after Trump pressure

British Prime Minister Andy Burnham has expressed an openness to approving more oil drilling in the North Sea, after President Donald Trump claimed the new British leader would fully lift restrictions for the region.

Economy expanded at 1.5% rate in second quarter of 2026

The economy grew at an inflation-adjusted 1.5% annual rate in the second quarter, the Bureau of Labor Statistics said in a preliminary estimate of GDP that also indicated that consumer spending and artificial intelligence investment are keeping commerce steady.