U.S. Economy

The U.S. unemployment rate is hovering near multi-decade lows.

“We can have an unlimited minimum wage through private sector prosperity,” said Larry Kudlow.

Rep. Rashida Tlaib, D-Mich., recently called for a federal minimum wage hike to $20 per hour.

Ford is hiring more full-time workers to build best-selling SUVs.

Allianz Chief Economic Adviser Mohamed El-Erian explains why the U.S. central bank has its sights on a quarter-point rate cut at the end of July.

President Trump called the deal "a real compromise" and a victory for "our great military and vets."

A source close to the negotiations tells FOX Business that, for now, the deal would put no restrictions on reprogramming money for spending items – like a border wall.

Bank of American CEO Brian Moynihan says four things need to happen to keep the U.S. economy growing.

The president added that he believes interest rate costs should have been “much lower."

Ben Carson, secretary of Housing and Urban Development, says Trump "is not racist" amid a Twitter fight.

Brian Moynihan, Bank of America's CEO, says the company had to make a statement about immigration.

Powell, during a speech in Paris on Tuesday, paved the way for a rate cut in a few weeks.

Foreign investment in home buying is down, creating fears of a global slowdown in the U.S. housing market.

The disparity between America’s best- and worst-funded state pension plans has never been greater.

“It’s better to take preventative measures than to wait for disaster to unfold,” he said. 

The president frequently attacks the Fed, and its chairman Jerome Powell, for not keeping interest rates lower.

While he doesn’t control monetary policy, the least the president can do is prevent the Fed from running the private marketplace amuck by disobeying orders from Congress, the very body that created it in the first place. 

The minimum wage fight continues as a Seattle firm says high wages were a major reason for filing bankruptcy.

The number two man at the Fed says the U.S. economy is in a good place despite global economic concerns.

While $15 minimum wage is a "big issue" for NYC employers, it's also "close to poverty levels," said Rocco DiSpirito.