Fed's Jerome Powell, Sen. Elizabeth Warren clash in tense exchange over rate hikes
Federal Reserve Chair Jerome Powell fired back at Sen. Elizabeth Warren in a tense exchange Tuesday over the potential impact of the central bank's interest rate hikes.
Americans feeling most pessimistic about financial future since 2010, survey shows
A Fannie Mae survey shows that Americans are increasingly pessimistic about their financial prospects amid rising interest rates and stubborn inflation.
White House watching Silvergate in crypto fallout
White House press secretary Karine Jean-Pierre said in her Monday briefing the Biden Administration has its eyes on Silvergate after the California crypto bank delayed its annual report and announced the shuttering of its exchange network last week.
North Dakota Gov. Doug Burgum touts tax relief plan to bolster economic growth
North Dakota Republican Gov. Doug Burgum discusses his goal of a 1.5% flat tax, plus a measure to end income tax altogether by 2028 on 'The Big Money Show.'
Biden’s decision on massive Alaska oil project will determine our ‘climate future,’ labor union president says
Alaska AFI-CIO President Joelle Hall urges Biden to develop natural oil and gas reserves while building a secure climate future, as the state awaits Willow Project approval.
Google says fewer employees will receive promotions to senior positions
Google told employees that fewer of them will be promoted to senior roles to reflect that the number of senior positions grows in proportion to company growth.
SiriusXM slashing headcount by several hundred
SiriusXM revealed Monday that it is slashing its workforce by several hundred. In the headcount reduction, 475 people will lose their jobs, according to the company.
JP Morgan Chase CEO says 'We love Florida,' other states should ask why people are going there
J.P. Morgan Chase CEO Jamie Dimon praised Florida and Texas's business environment and said other states should follow them during an interview Monday.
Inflation is Fed's number one priority: Stephen Steinour
Huntington Bancshares chairman and CEO Stephen Steinour weighs in on Jerome Powell's inflation battle as the economy shows 'increasing signs of stress' on 'The Claman Countdown.'
Americans take a break from the weekend on 'bare minimum Mondays'
Americans voice their support for – and reluctance to – a new workplace trend called "bare minimum Monday," where workers start their weeks doing as little as possible.
Layoffs 2023: Tech companies lead job cuts amid economic uncertainty
Layoffs are on the rise across various industries, although the tech industry has taken a huge hit in recent months. Amazon, Alphabet and Microsoft have all recently cut jobs.
Business hotels face increased default risk in uneven travel recovery
Business hotels reliant on business trips, suffer in a post-pandemic world in which remote-meetings often replaces travel. these locations could suffer if recovery slackens.
Bars, hotels and restaurants become the economy’s fastest-growing employers
Hotels, restaurants, and bars, some of the hardest hit industries during the pandemic, are leading the recovery and job growth, now the fast-growing employers.
Americans react to workers doing less on 'bare minimum Monday'
FOX Business' Lydia Hu talks to people on the street in New York City about a new workplace trend promoting doing the bare minimum on Mondays.
Market does not understand impact of Fed's rate hike cycle: David Spika
GuideStone Capital Management President and CIO David Spika explains how the Fed's inflation strategy will result in an 'economic downturn' during his appearance on 'Mornings with Maria.'
DeSantis' work ethic shaped by electrician job, working-class background
Florida Governor Ron DeSantis wrote in his new book that his first job out of high school as an electrician's assistant and his working-class upbringing helped shape his work ethic.
Biden paints rosy picture of inflation, but pressure on consumers and small business owners persists
President Biden has spun a narrative that inflation is getting better and that wages are up. A look under the covers shows that inflation is still having a significant impact.
FTX fallout hits Silvergate, bitcoin
Silvergate has delayed its annual report with the Securities and Exchange Commission after reporting a $1 billion loss for fourth quarter and is now concerned about ability to operate.
America's low labor participation rate 'a social and economic disaster,' experts warn
Millions of able-bodied Americans who ducked out of the workforce during the pandemic are refusing to return, leading economists to sound the alarm over what it means.
Education industry at highest risk for layoffs over next 6 months: survey
Inaugural CFO survey conducted by Coupa, a cloud based spend management platform, found education sector was most susceptible to layoffs in 2023 in the event of recession.



















