Plus, Romania accused Russia of launching an explosive drone, and healthcare costs are set for a steep increase.

Walmart says it's planning to use $2.9 billion in tariff refunds to lower prices as it reports its slowest sales growth in six years. CBS News' Kelly O'Grady has more.

Walmart reported sales grew at their slowest pace in the retailer's latest fiscal quarter in six years, sending its shares down more than 9%.

LSEG head of consumer research Jharonne Marti discusses the mind of the consumer and the Walmart overreaction on 'Making Money.'

Federal debt has mounted amid tax cuts and trillions in pandemic spending, adding to the nation's interest payments.

Fox Business' Stuart Varney highlights the U.S. national debt topping $40 trillion. Fox Business correspondent Edward Lawrence reports on fiscal spending.

The national debt hit $40 trillion Tuesday, a record high, signaling that the government is borrowing at a record pace.

More than 750 U.S. troops have been wounded during operations against Iran, according to Pentagon data. Of the 757 service members who have been wounded since the war began at the end of February, more than 580 are Army soldiers.

U.S. Treasury Secretary Scott ​Bessent on ‌Thursday said he may increase ​again the ​volume of Treasury ⁠bonds the ​government will repurchase, ​a day after surprising the market ​with ​plans to double them.

U.S. government bond yields fell after the Treasury Department said it would ramp up bond repurchases. The 30-year bond yield fell 0.09 percentage point to 5.19%, its biggest one-day drop since October.

The Treasury Department said Wednesday that it will more than double the size of government-debt buybacks, sending yields sharply lower and stocks higher at the market open.

The US Treasury unexpectedly announced it’s ramping up buybacks of long-dated government debt, taking the action in the wake of yields on such securities hitting the highest levels in years.

President Donald Trump again called for lower interest rates, though Federal Reserve officials said a hike may be needed if inflation does not cool.

Many Federal Reserve officials think the central bank will have to lift its key short-term interest rate in the coming months if inflation doesn’t subside, minutes of the Fed’s meeting last month show

Many US central bankers are concerned that persistently high inflation will lead to rapid price rises becoming embedded in the world’s largest economy, minutes of the Federal Reserve’s latest policy vote highlight.

Minutes of the July meeting revealed more backed raising interest rates than the three who formally dissented.

Trump, a vocal cryptocurrency advocate who has promised to make ⁠the U.S. ⁠the "crypto capital of the world," called on lawmakers to pass ​a "fair version of the Clarity Act," an industry-backed bill stalled in the Senate.

Trump’s push for clearer crypto rules, easing bond yields and strong institutional buying revive optimism as Bitcoin climbs above $70,000.

The Senate sets date for Clarity Act vote. SEC proposes new rules for crypto offerings. Trump, crypto leaders speak at White House summit.

Bitcoin (BTC) surpassed the $72,000 price mark for the first time since June 1 after two major announcements yesterday. First, the U.S. Treasury announced it is at least doubling the amount of longer-term government bond buybacks which will increase market liquidity.

With the $34.5-billion purchase, Cox customers in San Diego, Las Vegas and Phoenix will soon get Spectrum service — and the Dodgers channel, ending a long TV drought

Cox Communications, the cable and internet provider that has served the Las Vegas area for decades, is being absorbed into Charter Communications and its Spectrum brand under a deal the companies announced Thursday.

Charter said it plans to introduce Spectrum branding, pricing and product packages across all former Cox markets in mid-September.

It plans to introduce Spectrum branding, pricing and product packages across all former Cox markets in mid-September.