Economic Indicators

Thousand of Costco Teamsters across the U.S. are preparing to strike by the end of the month if the company does not present a "fair contract offer," the union says.

President-elect Trump selected Senate staffer Olivia Trusty for FCC commissioner on Thursday, a pick that would give Republicans control of the agency.

The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers of stubborn inflation experienced by consumers.

Malibu woman her husband, 5-year-old son and 11-month-old daughter are among many who fear the fate of being unhoused as the wildfires continue to claim homes.

The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line with economists expectations and up from 2.7% in November.

The producer price index for final demand rose 0.2% last month after an unrevised 0.4% advance in November, the Labor Department's Bureau of Labor Statistics said on Tuesday.

The Labor Department released its jobs report for December, which showed the U.S. economy added 256,000 jobs last month, well above economists' expectations.

After the fires are extinguished, a real estate economist told FOX Business that that movement in the market ill kick back up for homes that aren't damaged.

The Biden administration finalized a new rule that will prevent Americans from the harm caused by medical debt, including being coerced by debt collectors to pay bills they do not owe.

Industry experts say credit card swipe fees are taking a chunk out of Americans' spending power. But Electronic Payments Coalition claimed these processing costs are among the lowest.

Travel experts tell FOX Business that the number of people traveling to New Orleans won't be significantly impacted following the terrorism attack on New Year's Day.

Dollar Tree's interim CEO told analysts the company has strategies it can implement, such as changing or removing certain products to mitigate risks from tariffs.

This week's increase marked the highest level on the 30-year loan since mid-July, when the rate was 6.89%, according to mortgage buyer Freddie Mac data.

The Fed's preferred inflation measure for November, the PCE index, came in below Wall Street estimates. However, it remains above where policymakers want it to be suggesting prices are still stubbornly high.

The Agency founder and CEO Mauricio Umansky told FOX Business about the trends he expects to see in the real estate market in 2025. In particular, he sees more movement in the market.

The Federal Reserve's policymakers announced that they will cut the benchmark federal funds rate by a quarter point in December, marking the central bank's third straight cut.

The Teamsters said that Costco rejected 98% of the contract provisions it proposed, underscoring how tensions are rising between both sides ahead of the deadline.

The market sees the probability of another 25 basis point interest rate cut at next week's Federal Reserve meeting as rising despite inflation ticking higher in November.

The Labor Department released new inflation data for November, which showed that prices were up 2.7% from a year ago as the Federal Reserve weighs another interest rate cut.

Drivers are getting some relief at the pump this week as the average cost for a gallon of regular gasoline in the U.S. reached a three-year low, AAA said.