Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
"Federal debt, which is already high by historical standards, is on an unsustainable course," CBO director Phillip Swagel said in the report.Politicsread more
Target CEO Brian Cornell still thinks the U.S. consumer is strong and spending. Target's latest quarterly results showed the big-box retailer is benefiting from that.Retailread more
"If you look at the market over the past week, stocks don't need any help. They are roaring ahead, without the Fed doing anything," says the longtime market strategist.Marketsread more
Stocks rose on Wednesday as strong quarterly results from retailers such as Target and Lowe's lifted investor sentiment.US Marketsread more
President Trump insists the economy is healthy and says the only thing holding U.S. growth back is the Federal Reserve.Marketsread more
Trading volumes this week are well below recent averages, and that means this comeback may be suspect.Marketsread more
Shares of Tesla slid Wednesday on news of Walmart's lawsuit.Technologyread more
The rule could defy a 2015 Flores Settlement Agreement court order that says families cannot be held in detention for more than 20 days.Politicsread more
A key indicator for the commercial real estate market is showing signs of weakness, and uncertainty in the economy over the trade war and interest rates may be to blame.Real Estateread more
Bank of America CEO Brian Moynihan is not worried about an economic slowdown, saying the U.S. consumer is still in a strong place.Banksread more
President Donald Trump said Saturday that a deal with North Korea 'will happen,' hours after the South Korean military said Pyongyang had fired new tactical guided weapons.
Trump said he believes Kim Jong Un will do nothing to interfere with the "great economic potential" of North Korea.
"He also knows that I am with him & does not want to break his promise to me," Trump said. "Deal will happen!"
The South Korean military said Sunday that North Korea fired multiple rocket launchers including new tactical guided weapons. A military official told NBC News that Pyongyang did not launch ballistic missiles.
Seoul originally said the North had launched a single missile, but subsequently changed its language and said Pyongyang had launched several unidentified, short-range vertical objects.
Secretary of State Mike Pompeo said the projectiles landed in the sea east of the Korean peninsula and never posed a threat to South Korea, Japan or the United States.
"We know that they were relatively short range and beyond that we know they weren't intercontinental ballistic missiles either," Pompeo said.
The South Korean president's office said Seoul and Washington are sharing detailed information and analyzing the material used in the projectiles and what exactly they were.
"In particular, we do notice that North Korea's action this time has taken place when the de-nuclearization dialogue is in lull state," presidential spokeswoman Koh Min Jung said. "We do hope that North Korea would positively participate in efforts to resume the dialogue."
A senior U.S. administration official told NBC News that National Security Advisor John Bolton had "fully briefed" Trump on the situation.
White House spokeswoman Sarah Sanders said the administration is aware of North Korea's actions: "We will continue to monitor as necessary," she said.
In April, North Korea claimed to have "tested a powerful warhead" in the first public weapons test for the regime since Trump and Kim met for a historic summit in Singapore last year.
Trump and Kim held a second round of talks in Vietnam February of this year, but negotiations collapsed after Trump reportedly handed Kim a note demanding he turn over the North's nuclear weapons and bomb fuel.