Economy

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Federal Reserve faces rate cut decision amid inflation, job market concerns

Federal Reserve policymakers are expected to cut interest rates at this week's meeting despite inflation…

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September PCE: Delayed report shows inflation remained elevated

The Federal Reserve's preferred inflation gauge showed that consumer prices remained elevated in September, ahead of…

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US layoffs reach highest level since 2020 despite November decline

Layoffs announced by employers declined on a monthly basis in November but still pushed the…

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Grand Canyon South Rim hotels closing due to ‘significant breaks’ in water pipes

Tourists looking to stay overnight at hotels on the Grand Canyon's South Rim are out…

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Ford CEO Jim Farley praises Trump fuel standards reset for affordable cars

The CEO of Ford Motor Co. is revved up for the Trump administration's plan to…

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Small businesses shed 120K jobs in November, ADP data shows

Small businesses lost over 100,000 jobs in November amid economic uncertainty, the latest ADP private…

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US sawmills warn closures rising amid tariffs, weakened demand

MANCHESTER, Tenn. – Several US sawmills are struggling to stay open after industry leaders said…

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Private sector sheds 32,000 jobs in November: ADP

Companies in the private sector lost 32,000 jobs in November, payroll processing firm ADP said…

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SF lawsuit claims 10 food giants fueled ultraprocessed public health crisis

The city of San Francisco is suing 10 major food manufacturers — including Kraft Heinz…

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Gas prices expected to fall to $3 per gallon by 2026, EIA forecasts

Oil and gasoline prices are expected to decline next year, according to the latest forecast…

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