Economy

Staten Island restaurant owner Rob DeLuca says food supply chain costs have risen roughly 20% over the past year, making it difficult to run his three Italian restaurants.

The figure reported on Wednesday is above economists’ estimates of an increase of 99,000 jobs. The prior month's reading was revised lower to a gain of 62,000 jobs.

The AAA national average price for regular gas has surged to $4.536 amid ongoing tensions between the U.S. and the Islamic Republic of Iran.

Chevron CEO Mike Wirth warns global oil shortages are coming as the Strait of Hormuz closure disrupts supply chains, with gas prices up over 41%.

Citadel threatens to halt its $6 billion Midtown Manhattan headquarters project after Mayor Zohran Mamdani singled out founder Ken Griffin in a luxury property tax proposal.

Legendary Merrill Lynch forecaster Gary Shilling warns of a 2026 economic collapse driven by frozen housing, plummeting capital expenditures and weak consumers.

Cornerstone University's self-paced SOAR program lets students earn accredited business degrees entirely on a smartphone with a 91% persistence rate.

Banking spoof calls are tricking customers into emptying accounts as victims report losing thousands to scammers posing as bank fraud departments.

Time and again the president insists Tehran regime must not have nuclear capabilities

Foreclosure filings hit nearly 119,000 in the first quarter of 2025, a 26% increase from last year, as homeowners face rising insurance and property tax burdens.

U.S. restaurant chains report weaker than expected sales growth as high gas prices squeeze consumer budgets and force a shift toward value menu offerings.