Kodak says there's 'substantial doubt' it can stay in business
Kodak warned in a Securities and Exchange Commission filing that it faces serious financial concerns, citing substantial doubt about continuing operations.
Inside the Applebee's-IHOP combo restaurant model that's set to expand in the US
Applebee's and IHOP combined restaurants feature streamlined 105-item menus and cross-trained staff, creating a more efficient and profitable business model.
Inflation cools slightly in July from prior month
The Bureau of Labor Statistics reported the July consumer price index which showed CPI inflation continued to rise as tariffs push prices higher for U.S. businesses and consumers.
Fed governor maintains outlook for three interest cuts in 2025
Fed Governor Michelle Bowman spoke this weekend and maintained her projection of three interest rate cuts in 2025 despite the central bank leaving rates unchanged at its July meeting.
Inflation report drops Tuesday as economists warn prices are going up
The July CPI inflation report will be released on Tuesday with economists expecting prices ticked higher as more tariffs took effect, complicating the Fed's rate cut outlook.
$13M California mansion's price drops $250K every week until someone finally buys it in rare auction
A sprawling 11,000-square-foot California coastal retreat with six bedrooms and ocean views used a Dutch auction pricing strategy in the La Jolla market.
WATCH: Biden jobs chart had 'gigantic error'; Trump right to fire BLS chief, economist says
During an Oval Office meeting, pro-Trump economist Steve Moore said the president made the right call to fire the head of Bureau of Labor Statistics given faulty jobs projections.
Fed official calls July jobs report 'concerning' as economy hits potential turning point
Fed Governor Lisa Cook said that the weak July jobs report and large downward revisions suggest the U.S. economy could be at a "turning point" as businesses face elevated uncertainty.
Leading economist issues stark recession warning for struggling US economy
Moody's chief economist Mark Zandi warned that the U.S. economy is on the precipice of recession as weak jobs data and rising inflation complicate the Federal Reserve's policy moves.
Markets now betting Fed will cut rates in September after disappointing jobs report
The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market expectations shifting from a hold to a 25-basis-point cut.
Why does the Labor Department revise jobs reports? Here are 3 reasons
The Bureau of Labor Statistics' jobs report revisions are standard practice to improve data accuracy as more businesses respond to surveys, contrary to President Donald Trump's claims of rigged numbers.
Bank of America's CEO responds to weak jobs report that spurred Trump firing of BLS chief
Bank of America CEO Brian Moynihan said there must be better ways to collect employment data after President Trump fired the BLS commissioner following a weak jobs report.
In a dissent not seen in three decades, two Fed governors wanted to cut interest rates and here is why
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained why they would've cut rates by 25-basis-points.
Trump orders termination of labor statistics official after jobs report and downward revisions
Trump criticizes July jobs report showing only 74,000 jobs added and announces plan to fire Bureau of Labor Statistics commissioner Erika McEntarfar.
A new elite member credit card is out as issuers target wealthy customers
Major banks including Citi, JPMorgan Chase and UBS expand premium services and credit cards to attract wealthy clients with specialized offerings.
US job growth cooled in July amid growing economic uncertainty
The Labor Department released its jobs report for July which showed the U.S. economy added 73,000 jobs last month, amid uncertainty around trade and monetary policy.
Fed's favored inflation gauge shows consumer prices rose again in June
The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June, as policymakers continue to monitor data for signs of tariff-induced inflation.
Fed meeting looms as Trump celebrates 3% GDP growth, pushes for rate cuts
President Donald Trump celebrated 3% GDP growth in Q2 and demanded the Fed rate cuts as the central bank is set to reveal its interest rate decision amid concerns over tariffs and inflation.
Home prices reach record high in June – these states are the most expensive
Record home prices and elevated mortgage rates keep first-time buyers out of the market, with sales declining in most regions as experts cite years of housing undersupply.
Mortgage rates inch lower this week
The average rate on the 30-year fixed mortgage fell this week to 6.74%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.75%.



















