The country's gross domestic product increased by 2.6 percent between July and September on an annualized basis.

Justice Barrett dismissed a Wisconsin group's challenge to Biden's student loan forgiveness plan, affirming lower court rulings. A separate federal court also upheld the plan, rejecting GOP-led states' lawsuit.

On Equal Pay Day, President Biden pushed for new rules to boost pay equity by eliminating salary history from hiring decisions, aiming to close the wage gap between men and women.