The latest numbers from the Bureau of Economic Analysis show that the U.S. economy grew by 2.9 percent in the fourth quarter of last year, and 2.1 percent for 2022.
Sales of new U.S. homes rose for the third straight month in December as high mortgage rates continued to decline, offering some relief for prospective homebuyers.
Norway is looking to join several countries that are on track to introduce a Central Bank Digital Currency (CBDC) – a centralized form of digital money.
Tech giant Microsoft has extended its partnership with OpenAI, the organization behind the leftist chatbot ChatGPT, announce a new “multiyear, multibillion-dollar” investment in the firm.
White women's wages were converging relative to white men's at a rate of 0.70 percentage points per year before the passage of the '93 Family Medical Leave Act.
A report from the Internal Revenue Service released last week indicated that officials are devoting much of the agency’s recent funding windfall toward audits even as the degree to which the actions will impact everyday taxpayers remains uncertain.
The Internal Revenue Service (IRS) does not yet know the details of how the Biden admin's approval of an $80 billion windfall will affect middle-class audits.
The U.S. government bumped up against its debt limit Thursday, prompting the Treasury Department to take “extraordinary” accounting steps to avoid default — as friction between President Joe Biden and House Republicans raised concern about whether the U.S. can sidestep an economic crisis.
