Disney plans layoffs for thousands next week, report says
Walt Disney Co. reportedly will cut thousands of jobs across the company by next week, including those at theme parks, in entertainment and on corporate teams.
Stuart Varney: Biden’s new mortgage rule punishing homeowners with good credit is 'pure politics'
FOX Business' Stuart Varney discusses Biden putting his 'thumb on the scale' for 'disadvantaged communities' amid his administration's new mortgage fee rollout.
CSX train derails near Chicago, crushing several vehicles: reports
A transport train operated by CSX became derailed on Wednesday night in Blue Island, Illinois, just south of Chicago.
Existing home sales unexpectedly fall in March, reversing recent gains
Sales of previously owned homes fell 2.2% in March from the prior month due to higher mortgage rates, according to the National Association of Realtors.
Jobless claims rise higher than expected as layoffs continue to mount
A growing number of workers applied for jobless benefits last week, a sign the labor market is beginning to tighten in the face of higher interest rates.
Home prices see biggest annual drop in over a decade: Report
Median U.S. home prices fell in March by 3.3% to $400,528, led by pandemic boomtowns and pricey Bay Area markets. Prices in Boise, Idaho, fell more than any other metro across the U.S.
Tax return tourism: Best places to travel using the money you get back
Travel app Hopper announced that a majority of its users who are getting tax refunds plan to spend some, if not all, of their returns on travel this year.
Staffing shortages, low pay, continue to challenge child care industry
The U.S. child care industry needs some major help, according to experts. Some workers say low pay is the biggest problem, while parents struggle to find affordable care.
Florida is home to 4 of the 5 large metro areas with the lowest unemployment in the US
The top five U.S. metropolitan areas in terms of lowest unemployment rates include four Florida metro areas, including Miami, Tampa, Jacksonville and Orlando.
Rents post first annual decline since March 2020, Redfin says
Rents posted their first decline last month since March 2020, Redfin reported. Median U.S. asking rent dropped to $1,937, which also marked the lowest median asking rent in over a year.
Anheuser-Busch breaks silence after Bud Light's Dylan Mulvaney controversy
Anheuser-Busch CEO Brendan Whitworth is breaking his silence after Bud Light has faced significant backlash for a marketing campaign involving transgender activist Dylan Mulvaney.
Gas prices pump higher as the cost of oil rises: AAA
Gas prices increased by nine cents to $3.64 per gallon as oil prices rise. And although gas prices have dropped year-over-year, Americans have been facing high inflation in 2023.
Retail sales tumble more than expected in March as consumers pull back on spending
U.S. households pulled back on retail shopping and dining out in March as they confronted higher interest rates, according to new Commerce Department data.
Commercial real estate market could crash soon. Here’s why
The commercial real estate market could see prices fall 40% this year due to several headwinds including high interest rates and a possible credit crunch.
Jobless claims unexpectedly climb to 239,000 as layoffs grow
A growing number of workers applied for jobless benefits last week, a sign the labor market is beginning to tighten in the face of higher interest rates.
Wholesale inflation unexpectedly tumbles 0.5% in March, biggest drop in 3 years
The Labor Department said Thursday the producer price index tumbled 0.5% in March, evidence that price pressures in the economy are beginning to abate.
50k stores could close in five years due to a slowdown in consumer spending, ecommerce demand
UBS predicted that there will be an acceleration of store closures. Over the next five years, analysts project more than 50,000 stores will close.
Biden unleashed inflation, this simple solution would reduce it
Inflation has been unleashed by the Biden administration in the last two years. Now, Congress is considering a solution that could help ease that and put money in American's pockets.
March inflation breakdown: Where are prices rising, falling fastest?
Inflation fell thanks to a drop in gas prices but remained stubbornly high in March, squeezing Americans who paid more for basic necessities like rent.
NBA to limit hiring, reduce expenses for remainder of fiscal year: report
In a memo obtained by The New York Tines, the NBA instructed its league staff to limit hiring and reduce expenses for the remainder of the fiscal year.



















