Retail

Possible restaurant closures are looming over eateries in the nation’s capital, a Restaurant Association Metropolitan Washington survey indicated.

The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.

The Federal Reserve on Wednesday announced that it will leave a key interest rate unchanged for the second consecutive meeting amid persistent inflation and uncertainty about the economy.

Federal Reserve policymakers are meeting for the second time this year, with markets overwhelmingly expecting them to leave rates unchanged in March, though cuts could be coming soon.

The U.S. company operating Forever 21 has filed for bankruptcy, marking the second time in six years for the retailer with 350 stores remaining nationwide.

Retail sales rose 0.2% last month after a revised 1.2% decline in January, the Commerce Department's Census Bureau said on Monday. The figure missed economists' expectations.

Distillers and brewers in the nation are being impacted by the ongoing threat of tariffs, according to experts. It comes as the trade war among the U.S. and its allies escalates.

DOGE’s steps to lay off federal workers in large numbers are the inevitable result of protections that have made it almost impossible to fire anyone based on job performance.

Mortgage rates ticked higher to 6.65% after falling for seven straight weeks and remain near a three-month low, according to mortgage buyer Freddie Mac.

President Donald Trump said Thursday that the U.S. is involved in "Stupid Trade," not "Free Trade," adding that the world is "ripping us off!"