Billionaire Ray Dalio warns of 'big, painful disruptions' after Congress passes Trump's spending bill
Billionaire Ray Dalio warned of economic consequences of Congress passing Trump's spending bill, including possible spending cuts, major tax increases and money printing.
Mortgage rates fall for fifth straight week, lowest since mid-April
The average rate on the 30-year fixed mortgage fell this week to 6.67%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.77%.
Best and worst times to travel during the Fourth of July weekend
Travel on the July 4th holiday weekend is expected to hit a record with 72.2 million Americans journeying at least 50 miles from home, according to AAA.
Inside the CBO score that became ammo for both sides and nearly blew up the GOP’s flagship bill
How the CBO gets to these figures is at the center of a long-running debate in Washington, because these estimates often become the tip of the spear in partisan warfare.
Job growth picked up in June despite economic uncertainty
The Labor Department released its jobs report for June which showed U.S. employers added 147,000 jobs last month as the labor market weathered economic uncertainty.
Amazon Prime members score major gasoline savings for July 4th road trips
Amazon Prime members can save money fueling up their cars over the Fourth of July holiday weekend as part of an early deal ahead of the e-commerce giant’s upcoming Prime Day.
Private sector lost 33,000 jobs in June, well below expectations, ADP says
The figure reported on Wednesday is well below economists’ estimates of an increase of 95,000 jobs and also down from the prior month’s revised reading of 29,000 jobs.
Challenges loom for trucking industry with end of Trump's tariff pause
President Trump’s 90-day pause on tariffs could be ending early this month. For truckers at Southern California’s ports, that could mean even more economic uncertainty.
Mamdani’s public grocery stores may have devastating effects on city's food supply
Mayoral candidate Zohran Mamdani's plan for city-owned grocery stores faces criticism from economists and business leaders.
US expected to gain 7,500 millionaires in 2025, bringing $43.7B in wealth: report
The UAE and U.S. are the countries projected to lead in attracting millionaire migrants this year, while the U.K., China and India face the largest net outflows.
Summer gas prices hit lowest level in 4 years despite Middle East tensions
National average gas prices reached a four-year low, with analysts projecting stability through the Independence Day holiday despite tensions in the Middle East.
Fed's favored inflation gauge shows consumer prices ticked slightly higher in May
The Commerce Department released the PCE inflation report for May which found the Federal Reserve's favored inflation gauge ticked slightly higher to 2.3%.
Mortgage rates fall for 4th straight week, lowest since early May
The average rate on the 30-year fixed mortgage fell this week to 6.77%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.81%.
US economy shrank 0.5% in the first quarter of 2025 amid tariff uncertainty
The Commerce Department released its third estimate of U.S. gross domestic product for the first quarter and found the economy contracted at an annual rate of 0.5%.
White House pushes back on 'remarkably low' GDP forecasts for Trump-GOP tax bill
The White House disputes the CBO's $2.8 trillion deficit projection for Republican tax package, claiming the analysis understates economic output and productivity growth.
Microsoft plans 'substantial' job cuts across Xbox division
Xbox managers expect substantial job cuts across the gaming division next week as Microsoft continues streamlining processes following its $69 billion Activision Blizzard acquisition.
Job seekers in limbo as long-term unemployment persists
Long-term unemployment hit a three-year high of 23.5% in April, showing a stagnant labor market in which companies are neither cutting nor expanding their workforces.
GasBuddy expert says claims gas prices will see 'massive spike' are 'incorrect on the highest level'
GasBuddy's Patrick De Haan spoke with Fox News Digital on gas prices and markets opened slightly higher, oil down.
Dollar fluctuates after US strikes on Iran, dovish Fed comments
The dollar fluctuated after U.S. strikes on Iran's nuclear facilities, with Fed Governor Bowman indicating possible rate cuts could be on the table at the central bank's next meeting.
How US strikes on Iranian nuclear facilities could affect gas prices
Gas prices are expected to see modest increases despite Middle East tensions, as the oil market stabilizes following U.S. strikes on Iran nuclear facilities.



















