The U.S. economy has successfully achieved a soft landing, with inflation returning to more normal levels while the labor market grows steadily, said Lael Brainard, the director of the White House National Economic Council,

The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and spiraling federal debt.

U.S. President Joe Biden's administration has protected about 84%, or $96.7 billion in clean energy grants created by its signature climate law from any clawback by the next administration, a White House official said on Friday.

President Joe Biden delivered his farewell to the U.S. earlier this week as he prepares to leave office after one term placed between two of Donald Trump's.

US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.

The Federal Reserve might be unable to lower its benchmark lending rate until late in the autumn, market-derived data suggested Friday, as a global selloff in government bond markets suggests extended inflation pressures over the coming months.

Biden said Republican-led states "really screwed up in terms of the way they handled their economy" in the wake of the COVID-19 pandemic.

Drugs used to treat cancer, diabetes and other chronic conditions are among 15 picked for negotiations that could result in lower prices for patients, the Department of Health and Human Services confirmed Friday.

Wall Street started higher ahead of Trump's inauguration on Monday. Investors expect a flurry of executive orders, including on crypto and TikTok.