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Crude oil prices have fallen to their lowest level since February, helping push down gas prices across the country. Analysts point to continued talks between the United States and Iran, the reopening of shipping through the Strait of Hormuz and increased OPEC+ production as key factors behind the decline.
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A new financial disclosure filed with the U.S. Office of Government Ethics shows President Donald Trump reported more than $1.4 billion in crypto-related earnings last year. The filing details hundreds of millions of dollars from meme coin royalties, token sales and other digital asset ventures.
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A Fourth of July cookout for 10 people will cost a record average of $73.82 this year, according to the American Farm Bureau Federation. Higher beef prices and continued inflation are making one of America's favorite holiday traditions more expensive.
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As the United States marks 250 years since the Declaration of Independence, Frederick Douglass' 1852 speech, "What to the Slave Is the Fourth of July?," continues to challenge Americans to confront the nation's founding contradictions and recommit to the promise of freedom for all.
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A new ADP employment report found private employers added just 98,000 jobs in June, signaling continued weakness in hiring. While small businesses and the education and health services sector posted gains, economists say labor market constraints continue to slow job creation.
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On July 2, 1777, Vermont became the first U.S. territory to ban slavery, taking a historic stand while the American Revolution was still underway. The move helped establish an early anti-slavery precedent that would influence future debates over freedom, equality and citizenship.
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The U.S. economy added just 57,000 jobs in June, far fewer than economists expected, while April and May payroll gains were revised downward. Economists say the unemployment rate fell in part because more people left the workforce, while Black unemployment remained elevated.
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The Dow Jones Industrial Average climbed to a new intraday record Wednesday, continuing a remarkable rally fueled by easing inflation concerns and falling crude oil prices. Investors remain focused on economic indicators as markets look for signs the momentum can continue.
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On July 1, 1991, President George H.W. Bush nominated Clarence Thomas to replace retiring Justice Thurgood Marshall. His contentious confirmation hearings, including Anita Hill's testimony, became one of the defining moments in modern Supreme Court history, and his judicial legacy continues to shape major constitutional debates.
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Major changes to the federal student loan system are now in effect, requiring millions of borrowers to transition from the Biden-era SAVE repayment plan while imposing new borrowing limits for graduate students and Parent PLUS loans. Financial aid experts warn the changes could increase the risk of loan defaults.
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