Companies in the private sector added just 37,000 jobs in May, payroll processing firm ADP said Wednesday.The figure is well below economists’ estimates of 110,000 jobs and down from the prior month’s...
For the first time since the Smoot-Hawley Act of 1930, tariffs are not just a tool of U.S. economic policy – they’re its most expansive and aggressively used tool. So far, markets have responded harsh...
U.S. President Donald Trump's 50% tariffs on most imported steel and aluminum went into effect on Wednesday, the same day as his deadline for trading partners to give their "best offer" in bids to avo...
Citigroup announced Tuesday it is dropping a 2018 policy that placed restrictions on offering banking services to retail clients selling firearms and amending a separate policy to clearly state that i...
Roark Capital, the private equity firm that's been buying up established franchises, acquired Dave's Hot Chicken in a $1 billion deal that will fuel the chicken chain's restaurant expansion. Dave's Ho...
A federal judge has vacated the trial date related to Boeing and the crashes of its 737 MAX airplanes that left nearly 350 people dead.U.S. District Judge Reed O'Connor granted the request of the airl...
The outlook for economic growth in the U.S. was slashed due to higher tariffs in a new report released by the Organisation for Economic Co-operation and Development (OECD) on Tuesday.The OECD's foreca...
More Americans are cooking at home as growing economic concerns are forcing households to cut back, according to Campbell's CEO Mick Beekhuizen. Beekhuizen told analysts during the company's third-qua...
U.S. Commerce Secretary Howard Lutnick, speaking at the 2025 U.S.-India Strategic Partnership Forum (USISPF), outlined the future of U.S.-India trade ties, urging deeper economic cooperation in line w...
Lumber is in the spotlight as the National Association of Home Builders (NAHB) and the U.S. Lumber Coalition disagree over what’s behind the U.S. housing market slump.FOX Business correspondent Kelly ...
JPMorgan Chase CEO Jamie Dimon warned in a new interview that the U.S. government's rising debt and budget deficits are a problem that will eventually cause bond market issues, and offered his thought...
Treasury Secretary Scott Bessent on Sunday said that the U.S. government will never default on its debt as the federal government faces a looming deadline to address the debt limit this summer.Bessent...