US ECONOMY

Toyota has announced a $3.6 billion investment in Texas, as it plans to shift production from Mexico.

Rivian Automotive shares plunged more than 10% on Tuesday after the electric vehicle maker announced plans to sell 75 million new shares of common stock in a public offering.

President Donald Trump's newly launched Trump Accounts could channel nearly $20 billion into the U.S. stock market during the second half of 2026, according to a new analysis.

The world's largest cryptocurrency initially tumbled toward the $60,000 mark after Strategy, the largest corporate holder of bitcoin, disclosed it had sold an additional $216 million worth of the digital asset. However, it rebounded after Trump touted it.

The average 30-year fixed mortgage rate fell to its lowest level in seven weeks even as home sales remained well below historical norms.

Federal Reserve Chair Kevin Warsh said the United States is likely to be a "big winner" from artificial intelligence, describing the technology as a structural shift in the global economy.

The benchmark S&P 500 climbed 14.9% during the second quarter, while the tech-heavy Nasdaq Composite soared 21.4%, marking their best quarterly performances since the second quarter of 2020.

The auto sector, which accounts for nearly a fifth of US trade with Canada and Mexico, faces renewed uncertainty over rules governing vehicle parts and manufacturing flows.

A report from the Federal Reserve Bank of New York found that U.S. workers received just 54.1% of national income in early 2026, the lowest level recorded since the data series began in 1947.

Investors are weighing massive artificial intelligence spending, strong corporate earnings expectations, and the Federal Reserve's policy stance as geopolitical tensions and election-year uncertainty continue to shape US markets.

The Personal Consumption Expenditures Price Index, the Federal Reserve's preferred inflation gauge, climbed to a seasonally adjusted annual rate of 4.1% in May, marking its highest reading since April 2023.

The Trump administration is giving new Federal Reserve Chair Kevin Warsh more room to navigate elevated inflation, even as President Donald Trump continues to publicly favor lower interest rates.

The Commerce Department's Bureau of Economic Analysis (BEA) said gross domestic product (GDP) grew at an annualized rate of 2.1% during the January through March period, an upward revision.

According to a recent analysis by RSM Chief Economist Joe Brusuelas, rising stock prices are making the rich significantly richer while providing only limited benefits to the broader economy.

President Donald Trump's allies are increasingly expressing concern that high energy prices are overshadowing what Republicans view as key economic achievements.

Higher fuel costs linked to the Iran conflict pushed producer prices sharply higher in May, adding pressure across the U.S. economy.

A record-breaking IPO vaulted SpaceX into the ranks of the world's most valuable publicly traded companies and dramatically increased the value of Musk's holdings across his business empire.

A stretch of wage growth that had helped offset rising prices has largely disappeared as inflation accelerated sharply in recent months.

Analysts and executives are reportedly describing the SpaceX IPO as a "referendum" on Elon Musk, with capital markets evaluating both the company's potential and the degree of faith placed in the entrepreneur driving it.

Oracle's shares plunged about 11% on Thursday trading after the company disclosed plans for a significantly increased capital raise to finance its growing artificial intelligence and data center expansion.

President Donald Trump drew swift political backlash after declaring that he "loves the inflation" following the release of new government data showing consumer prices rose at their fastest annual pace in more than three years.

Existing U.S. home sales rising to their fastest pace of the year despite stubbornly high mortgage rates and record home prices.

Meta announced a $115 million initiative aimed at training thousands of Americans for skilled trade careers tied to the rapid expansion of AI data centers.

The total mortgage application volume increased by almost 11% from the previous week, signaling that many buyers remain eager to enter the market despite borrowing costs that remain well above historical lows.

The relationship between bonds and stocks has become particularly sensitive in recent months, with investors reacting sharply whenever Treasury yields rise.

Bank of America's head of U.S. equity and quantitative strategy, Savita Subramanian, delivered an unusually direct message to investors, saying that there are "Too many red flags. Take profits."

Goldman Sachs has pushed its forecast for the Federal Reserve's next interest rate cuts into 2027, a move that shows how a stronger-than-expected U.S. labor market is reshaping Wall Street's view of the economy and monetary policy.

President Donald Trump said he wants Federal Reserve Chair Kevin Warsh to "do whatever he wants" while reiterating his opposition to any potential increase in U.S. interest rates.

The economic impact of diabetes continues to be significant. It is estimated that diagnosed diabetes generated approximately $413 billion in total costs in the United States, including direct medical expenses and indirect costs associated with lost productivity.