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Economy
US jobless claims increase more than expected in May
The number of Americans filing new applications for unemployment benefits increased more than expected last…
US national debt hits $37 trillion to reach the latest record
The U.S. national debt surpassed $37 trillion for the first time in the nation's history…
Bessent says South Carolina rare earth plant breaks China’s chokehold
Treasury Secretary Scott Bessent told FOX Business' Edward Lawrence that South Carolina’s new rare earth…
October jobs report among key economic data delayed by government shutdown
The ongoing government shutdown has disrupted the flow of economic data from federal agencies and…
Jamie Dimon warns states that are driving businesses out will face ‘backfire’
JPMorgan Chase CEO Jamie Dimon warned that high-tax, regulation-heavy states are driving businesses and residents…
40 busiest US airports face 10% flight cuts due to government shutdown
Forty of the busiest airports in the U.S. will see a 10% flight reduction starting…
US layoffs surged in October to 22-year high amid AI adoption, cost-cutting
U.S. employers ramped up layoffs in October to the highest level for the month in…
United Airlines offers refunds to passengers during government shutdown
United Airlines customers with flights booked to travel during the government shutdown will be eligible…
Trump touts growth in private sector jobs, federal workforce reductions
President Donald Trump on Wednesday touted his administration's efforts to curb the size of the…
Private sector adds 42,000 jobs in October: ADP
Companies in the private sector added 42,000 jobs in October, payroll processing firm ADP said…
Supreme Court hears Trump tariff case with billions in revenue at stake
The Supreme Court on Wednesday will hear arguments in the case challenging the legality of the…
Bessent says US housing market in recession due to high interest rates
Treasury Secretary Scott Bessent said the U.S. housing market is one subset of the economy that…
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