Declining usage of physical currencies and other paper-based payment methodologies has been a durable secular trend.

The US economy picked up steam in the beginning of the year as the United States and Israel launched a destabilizing war with Iran that has jacked up prices and is still ongoing.

The conflict in the Middle East is plunging an already fragile Iranian economy into freefall. The International Monetary Fund estimates that the Iranian economy will shrink by 6.1% in 2026. The regime ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second ...

WASHINGTON (AP) — The U.S. and Israeli attacks on Iran add yet more question marks around a U.S. economy already buffeted by on-and-off tariffs, weak hiring, and lingering inflationary pressures. The ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Economic growth slowed more than expected at the end of last year — and a shutdown-fueled drop in ...

The K-shaped economy is as apparent as ever, and isn't going away anytime soon, economists said. It's now seen as more of a facet of the modern U.S. economy than a passing fad. This disparity can help ...

Middle-income Americans are pulling back, splitting from the top earners who are still driving the majority of growth. The wealth gap in America is taking a new shape — and it’s no longer just a ...