In Congress to give lawmakers and the public an update on the state of the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday that there's a lot of economic confidence right now and gave a mostly optimistic picture of things to come.
The Dow Jones Industrial Average hit a new record high on Wednesday while tech stocks dragged the other major U.S. indexes down.
A federal judge ruled Tuesday that investment firms that made loans to cosmetic giant Revlon could keep roughly $500 million Citigroup attempted to recoup.
Amazon filed a federal lawsuit Friday against New York Attorney General Letitia James to head off legal action over the company's handling of coronavirus conditions at its Staten Island warehouse last year.
Federal debt will hit 102% of Gross Domestic Product in 2021, Congressional Budget Office said Thursday.