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Economy
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…
Deportations could cost Social Security billions, hasten insolvency
A new report warns that a side effect of the Trump administration's push to crack…
Trump admin plans 50-year mortgage as ‘game changer’ for homebuyers
President Donald Trump and administration officials signaled that they're planning to develop a 50-year mortgage that…
Honda issues recall affecting over 400,000 Civics over risk of wheels coming off
More than 400,000 Honda Civics were recalled after the automaker discovered that a manufacturing issue…
Consumer sentiment hits 3-year low amid government shutdown fears
U.S. consumer sentiment declined to its lowest level in more than three years and near an…
Federal Reserve reports record household debt of $18.59T in third quarter
American households' debt burdens increased to the highest level on record in the third quarter…
Airlines are ‘going to lose millions of dollars’ over canceled flights: Duffy
Secretary of Transportation Sean Duffy told FOX Business on Friday that major U.S. airlines are…
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…
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