Soaring inflation drives more Americans to live paycheck to paycheck despite 5.1% increase in wages
Soaring inflation is driving more Americans to live paycheck-to-paycheck, even larger earners as increased wages can't keep up to the prices of goods at the grocery store and gas pump.
Former Walmart CEO sounds off on US economy: ‘We have to get this inflation under control’
Former Walmart U.S. CEO Bill Simon joined ‘Fox & Friends Weekend’ to discuss the nationwide spike in layoffs that have now extended beyond the Big Tech industry.
Americans struggling to make car payments is highest since Great Recession
Car repossessions are on the rise as more consumers fall behind on their payments amid an inflation crisis that has squeezed millions of U.S. households.
Pending home sales increase for first time in 7 months in December
The housing market is beginning to recover from a recent low as mortgage rates fall from a record high, evidenced by an increase in pending home sales.
Americans taking 'egg-stream' measures to crack inflation
Rent the Chicken owner Phil Tompkins claims business is booming for their at-home chicken coops as American consumers try to "crack" sky-high egg-inflation costs.
Inflation gauge closely watched by the Fed cooled in December, but prices remain high
Inflation showed signs of cooling last month, a welcoming sign for the Federal Reserve as it tries to cool consumer prices with higher interest rates.
When will US home prices finally stop dropping?
The U.S. housing market will likely bottom out by mid-year, according to Goldman Sachs economists, as mortgage rates continue to decline from a peak of 7%.
Florida orange growers struggle to keep juice on tables after 'unprecedented setbacks' squeeze industry
Beck Brothers Citrus President Glenn Beck is "trying to survive now just for the hope of a better day" as Florida's orange supply is squeezed by freezes, diseases and hurricane damage.
US GDP grew at 2.9% pace in fourth quarter as economy cools
The fourth-quarter GDP report shows the U.S. economy finished the year on relatively strong footing, despite high inflation and rising interest rates.
Karine Jean-Pierre touts US economic growth after asked how Biden will address recession fears
White House press secretary Karine Jean-Pierre responds to FOX Business' question on recession fears by touting the economy is "building back up" and "growing."
US housing market shows early signs of recovery as demand rises
Pending home sales climbed 3% in December, evidence the housing market is stirring back to life as mortgage rates continue to fall from a record high.
'Imminent' earnings recession could tank US stocks, Morgan Stanley warns
Morgan Stanley analyst Michael Wilson sees the bear market ending later this year as inflation fades and the Fed pauses its interest rate-hike campaign.
Microsoft stock en route to worst daily drop in weeks
Microsoft shares are down Wednesday despite an earnings report that showed a 2% spike in quarterly revenue.
Peter Schiff: Inflation will be higher by year's end; US debt tops economic hurdles
Outspoken economist Peter Schiff of Euro Pacific Capital shares his warnings with FOX Business on the debt ceiling and addresses why inflation is not really easing.
3M cutting thousands of jobs, profits tumble
3M, the maker of Scotch Tape and Post It Notes, will reduce 2,500 jobs at locations around the world due to macroeconomic uncertainty.
‘Big Money Show’ co-hosts rip Biden on inflation: ‘He doesn’t go to the supermarket’
"The Big Money Show" co-hosts Brian Brenberg, Taylor Riggs and Jackie DeAngelis torch Biden's economic optimism as Americans still feel inflation "pain" across the board.
More US companies brace for job cuts amid likely recession, survey shows
More American companies expect a decline in payrolls this year as the U.S. economy heads into a possible recession triggered by Fed interest rate hikes.
US farm group calls for probe of high egg prices
A farm group is calling for a probe into skyrocketing egg prices and possible gouging of the consumer staple.
Gold and silver boom predicted as US hits debt ceiling, dollar devalues
Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.
'Sky-high' egg prices: Historical look at egg costs since 1980
Chicken egg prices are higher than what Americans are used to as the avian flu persists and production costs rise. Here's a look at how egg prices have changed from 1980 to 2023.
Bed Bath & Beyond gets Nasdaq delisting notice: What it means
Bed Bath & Beyond is facing another critical challenge: staying listed on the Nasdaq Stock Market.