Trucking industry hit by string of bankruptcy filings as diesel costs surge
At least eight transportation-related companies sought Chapter 11 protection in September as the trucking industry grapples with higher fuel costs.
Mortgage rates surge to highest level since 2023 as bond yields spike
The average rate on a 30-year fixed mortgage rose this week to 7.28%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 7.03%.
Mortgage rates rise for seventh straight week, squeezing homebuyers
The average rate on a 30-year fixed mortgage rose this week to 7.4%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 7.28%.
Trump’s Energy chief says truckers could see diesel relief within days after executive order
Energy Secretary Chris Wright says truckers could see diesel price relief by Saturday after Trump signed an order expanding red-dyed diesel access.
Trump admin invoking Defense Production Act for new Alaska power grid project touted by Vance
JD Vance announced $150 million in Defense Production Act funding for Alaska's Beluga-Healy Transmission Project, promising lower energy costs statewide.
Reagan economist warns billionaire tax would ‘destroy’ California
Art Laffer warns California's Proposition 40 wealth tax on billionaires could trigger a massive exodus and devastate the state's economic future.
Trump's investment push hits Europe as Irish PM eyes next tariff break
Irish Prime Minister Micheál Martin eyes Kerrygold butter for tariff relief next after Trump's public commitment to lift duties on Irish whiskey exports.
US economy added 29,000 jobs in September, a slower pace than expected
The Bureau of Labor Statistics released the September 2026 jobs report on Friday which showed the economy added 29,000 jobs last month, below expectations.
California business climate gets warning from real estate mogul: 'Enough is enough'
Mauricio Umansky says bringing business back to California is critical as Xavier Becerra and Steve Hilton offer competing visions for governor.
LARRY KUDLOW: In two weeks, Iran may come crashing down
Running out of cash is a bad thing. Running out of worthless cash is an even worse thing
Treasury moves to automatically enroll millions of children in Trump Accounts
New Treasury and IRS rules allow automatic Trump Account enrollment for eligible children while keeping the separate $1,000 federal contribution opt-in.
US economy grew at a faster pace than expected in second quarter
The Commerce Department released its final reading of second quarter GDP, finding that the economy grew at a rate of 2.2% in the three-month period covering April, May and June.
Republicans could feel 'same fate' as Democrats as gas prices are elevated ahead of midterms, expert says
An expert told FOX Business ahead of the midterms that "traditionally, high gas prices going into an election has a negative impact on the incumbent party."
Fed's favored inflation gauge cooled in August but remained elevated
The Commerce Department reported that PCE inflation remained elevated in August at a level well above the Federal Reserve's 2% target.
Private sector added 90,000 jobs in September, above expectations, ADP says
The figure reported on Wednesday is above economists’ estimates of an increase of 90,000 jobs. The prior month's reading was revised lower to 36,000.
Energy CEO says Americans aren't benefiting from low prices because of one major roadblock
EQT Corporation CEO Toby Z. Rice says natural gas prices near $4 in Appalachia could surge to $20 in New England because of limited pipeline capacity.
CEO warns high diesel costs could trigger a 'vicious cycle' of surging food prices
Pivot Bio CEO Chris Abbott warns of a 'vicious cycle’ for American farmers during harvest season as diesel costs rise.
Mortgage rates top 7% for first time since early 2025
The average rate on a 30-year fixed mortgage rose this week to 7.03%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.95%.
Peter Schiff predicts economic 'downturn,' higher oil prices: 'I don't think it's over'
Peter Schiff indicated during an interview that he expects oil prices to head higher regardless of whether the Iran war ends, and thinks that there will be an economic "downturn."
Starbucks to close 250 stores: 'Difficult decision'
Starbucks COO Mike Grams revealed plans to shutter about 250 coffeehouses across North America, citing struggles with financial performance.



















