U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark

The U.S. Treasury building in Washington, D.C., on Aug. 15, 2023. Nathan Howard | Bloomberg |…

Merck says experimental RSV treatment protected infants in trial, paving way for potential approval

The logo for Merck is displayed on a screen at the New York Stock Exchange on…

Retail sales rose 0.4% in September, better than expected; jobless claims dip

A customer during the grand re-opening of a Century 21 department store in New York, US,…

Walgreens says it will close 1,200 stores by 2027, as earnings top estimates

A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, in Manhattan, New…

Fed Governor Waller sees need for ‘more caution’ ahead when lowering interest rates

Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, D.C.,…

Wholesale prices were flat in September, below expectations

A customer shops at a Whole Foods grocery store in Edgewater, N.J. on Sept. 11th, 2024. …

Social Security Administration announces 2.5% cost-of-living adjustment for 2025, lowest increase since 2021

Portra | E+ | Getty Images Now that the pace of inflation has come down, the…

Consumer prices rose 0.2% in September, hotter than expected; annual rate increased 2.4%

The pace of price increases over the past year took an unexpected step higher in September…

Fed officials were divided on whether to cut rates by half a point in September, minutes show

WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were…

Stocks making the biggest moves midday: Generac, Amazon, Pfizer and more

Check out the companies making headlines in midday trading. Generac Holdings — Shares of the maker…

Activist Starboard Value has $1 billion Pfizer stake, taps former executives for help, sources say

People pass by the Pfizer headquarters building in New York City, Jan. 29, 2023. Kena Betancur…

U.S. job creation totaled 254,000 in September, much better than expected

The U.S. economy added far more jobs than expected in September, pointing to a vital employment…