Powell acknowledges labor market slowdown but rejects fears of steep decline
Federal Reserve Chair Jerome Powell discusses labor market outlook after the third interest rate cut this year, citing unemployment rise to 4.4% and slowing job growth.
Lululemon CEO Calvin McDonald to step down
Lululemon CEO Calvin McDonald will step down in the first quarter of 2026 as the athleisure clothing brand faces significant competition challenges.
Instacart’s AI pricing experiment drives up costs for some shoppers, study says
Instacart's AI-pricing experiments can charge customers up to 23% more for identical products, potentially costing families $1,200 extra annually through hidden markups.
Powell says rate cuts won't make 'much of a difference' for struggling housing sector
Federal Reserve Chairman Jerome Powell warned that housing market struggles will persist despite rate cuts, citing low inventory and affordability challenges for buyers.
Mortgage rates tick higher but remain near 2025 lows
The average rate on a 30-year fixed mortgage rose this week to 6.22%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.19%.
Anheuser-Busch to sell iconic New Jersey brewery, close California and New Hampshire facilities
Anheuser-Busch is closing breweries in California and New Hampshire while selling its New Jersey facility, relocating 475 employees in an optimization strategy.
Financial officers call on major corporations to review healthcare costs with transparency data
State financial officers are urging Fortune 500 companies to audit healthcare spending using President Donald Trump's new transparency rules to cut costs and avoid legal risks.
Fed delivers third straight rate cut but 'dot plot' projects just one cut in 2026
Federal Reserve policymakers cut interest rates by 25 basis points for the third straight meeting, though their "dot plot" projections suggest only one interest rate cut expected in 2026.
Fed cuts interest rates for third straight time amid uncertainty over labor market, inflation
The Federal Reserve announced its third straight interest rate cut following its December meeting amid concerns about slowing labor market despite inflation remaining above target.
Small businesses report record monthly surge in price increases as inflation pressure mounts
Small businesses hit a record high for price increases in November, with 34% raising prices amid persistent inflation pressures, an NFIB survey reveals.
LARRY KUDLOW: Stop socialism in its tracks
If presidents have the right to hire, that should give them equal right to fire. We must abolish the fourth branch of government
Small business optimism rises, but owners say qualified workers are still hard to find
Small business optimism rises despite ongoing labor quality concerns as well as inflation challenges, according to new NFIB data showing mixed economic signals.
Home delistings surge as sellers struggle to get their price
Home sellers pull listings at record rates in 2025 as housing market stagnates nationwide. Delistings are up 45% with buyers and sellers far apart on pricing expectations.
Bessent says US 'going to finish the year' with 3% GDP growth despite government shutdown
Treasury Secretary Scott Bessent predicts the U.S. will finish 2025 with 3% GDP growth despite economic volatility from tariffs and immigration policy changes.
Another restaurant in beleaguered San Francisco mall closing
Shake Shack closes San Francisco Westfield location Dec. 14, affecting 26 workers as new mall owners force all tenants out of struggling downtown property.
Fed expected to deliver third straight rate cut this week amid labor concerns
Fed policymakers face a tough decision on rates with inflation remaining above target as weak job market data and rising layoffs complicate the outlook for the December meeting.
Could AI replace seasonal workers?
AI automation could replace 20%-30% of seasonal workers in retail returns processing, as companies adopt advanced systems that improve speed and accuracy.
Dave Ramsey tells young Americans feeling 'boxed out' of homeownership how to fight back
Dave Ramsey outlines his '7 Baby Steps to Take Control of Your Money' strategy to help young Americans overcome debt and regain financial control.
Younger Americans turn to riskier investments, spend more on nonessentials as homeownership dreams fade: study
Young Americans are taking bigger investment risks and spending recklessly as a housing crisis forces them to abandon homeownership dreams, a new study suggests.
Fed's favored inflation gauge shows consumer prices remained elevated in September
The Commerce Department's delayed September PCE inflation report showed that inflation remained well above the Federal Reserve's 2% target ahead of a central bank decision next week.


















