Markets

Job cuts surge 80% in first five months of 2025 with federal funding cuts and retail store closures from companies like JCPenney, Macy's and Joann driving the trend.

A growing gap between sellers and buyers in the housing market indicates a coming shift as inventory in the U.S. reaches its highest level in five years.

Trump increases steel tariffs to counter foreign market manipulation as global overcapacity reaches 600 million metric tons and U.S. steel industry faces financial challenges.

Cardone Capital CEO Grant Cardone criticized Fed Chair Jerome Powell's interest rate policies as he claims they're preventing Americans from buying homes.

South Korea's new President Lee Jae-myung said he and President Donald Trump agreed to quickly work toward a deal on tariffs in their first phone call since Lee's election victory.

Congressional Budget Office projects Trump's tax bill would cut taxes by $3.7 trillion while raising deficits, but Larry Kudlow challenges CBO's accuracy citing past projection misses

Brown-Forman executives warn of continued pressure on liquor sales from cannabis, weight-loss drugs and Gen Z consumers, though spirits still gain market share from beer and wine.

Walmart is expanding its drone delivery service to three more states in a bid to compete with rival Amazon.

President Donald Trump criticized Federal Reserve Chairman Jerome Powell again, calling him "Too Late," and argued for a full percentage point interest rate cut.