Fed cuts interest rates for third straight time amid uncertainty over labor market, inflation
The Federal Reserve announced its third straight interest rate cut following its December meeting amid concerns about slowing labor market despite inflation remaining above target.
Why cheaper beef prices are still a long way off
Beef prices may drop but consumers face "slow and painful" wait for relief, warns a Wells Fargo economist. Cattle shortages continue to keep costs high.
Small businesses report record monthly surge in price increases as inflation pressure mounts
Small businesses hit a record high for price increases in November, with 34% raising prices amid persistent inflation pressures, an NFIB survey reveals.
LARRY KUDLOW: Stop socialism in its tracks
If presidents have the right to hire, that should give them equal right to fire. We must abolish the fourth branch of government
Small business optimism rises, but owners say qualified workers are still hard to find
Small business optimism rises despite ongoing labor quality concerns as well as inflation challenges, according to new NFIB data showing mixed economic signals.
Home delistings surge as sellers struggle to get their price
Home sellers pull listings at record rates in 2025 as housing market stagnates nationwide. Delistings are up 45% with buyers and sellers far apart on pricing expectations.
These major metro areas are seeing the most moves
New data reveals which U.S. metros have the highest housing turnover rates, with Missouri, Texas, Indiana and Nevada markets leading the pack nationwide.
Bessent says US 'going to finish the year' with 3% GDP growth despite government shutdown
Treasury Secretary Scott Bessent predicts the U.S. will finish 2025 with 3% GDP growth despite economic volatility from tariffs and immigration policy changes.
Another restaurant in beleaguered San Francisco mall closing
Shake Shack closes San Francisco Westfield location Dec. 14, affecting 26 workers as new mall owners force all tenants out of struggling downtown property.
Fed expected to deliver third straight rate cut this week amid labor concerns
Fed policymakers face a tough decision on rates with inflation remaining above target as weak job market data and rising layoffs complicate the outlook for the December meeting.
Could AI replace seasonal workers?
AI automation could replace 20%-30% of seasonal workers in retail returns processing, as companies adopt advanced systems that improve speed and accuracy.
Dave Ramsey tells young Americans feeling 'boxed out' of homeownership how to fight back
Dave Ramsey outlines his '7 Baby Steps to Take Control of Your Money' strategy to help young Americans overcome debt and regain financial control.
Younger Americans turn to riskier investments, spend more on nonessentials as homeownership dreams fade: study
Young Americans are taking bigger investment risks and spending recklessly as a housing crisis forces them to abandon homeownership dreams, a new study suggests.
Fed's favored inflation gauge shows consumer prices remained elevated in September
The Commerce Department's delayed September PCE inflation report showed that inflation remained well above the Federal Reserve's 2% target ahead of a central bank decision next week.
US layoffs soar past 1.1M in 2025, highest level since the pandemic
November layoffs dropped 53% from last month but rose 24% yearly, pushing 2025 job cuts to levels not seen since COVID-19 pandemic struck the American workforce.
Why shoppers making six figures are giving Dollar Tree a boost
Dollar Tree sees surprising surge in higher-income customers earning over $100,000, with 60% of new shoppers from affluent households seeking value amid economic pressures.
Grand Canyon South Rim hotels forced to close due to water pipe breaks
Grand Canyon South Rim faces water emergency as broken pipeline forces hotel closures. Park remains open for day visits while water repairs continue.
Small businesses lead November job losses as tariff uncertainty weighs on hiring
Small businesses lost 120,000 jobs in November amid heightened economic uncertainty over tariffs and outpaced job gains at larger firms, according to the latest ADP employment report.
Macy’s turnaround shows promise as sales climb to highest level in over 3 years
Macy's achieved its highest sales in three years as its turnaround plan shows results with consecutive quarterly growth at its flagship stores.
Private sector unexpectedly lost 32,000 jobs in November, ADP says
Payroll processing firm ADP on Wednesday released its private sector jobs data for November. Employment in the private sector decreased by 32,000 jobs in the month.