U.S. employers ramped up layoffs in May as the artificial intelligence (AI) rollout was the leading factor cited by companies cutting their workforces, new data shows.Companies announced 97,006 job cu...
Americans are increasingly reaching a breaking point regarding their household finances.Despite hopes for a soft landing after years of elevated inflation, consumer pessimism has reached some of its w...
Gas-X capsules sold across the country are being recalled over potential chemical contamination because of a machine leakage during packaging, according to the Food and Drug Administration.Haleon issu...
American Airlines is temporarily suspending six domestic routes this summer as elevated fuel costs linked to the Iran conflict continue to pressure carriers across the airline industry. The major air ...
The U.S. economy added jobs at a modest pace in May amid uncertainty surrounding the impact of conflict in the Middle East on the labor market.The Bureau of Labor Statistics on Friday reported that em...
A shifting economic landscape has culminated in Texas, dethroning California as the nation's premier hub for Fortune 500 companies.Data from the 2026 Fortune 500 list show Texas leading with 57 headqu...
A new report from the Federal Reserve finds that inflation is pushing prices higher at a strong pace in most of its regional districts around the country, driven by the surge in energy prices.The Fed ...
Companies in the private sector added 122,000 jobs in May, payroll processing firm ADP said in its latest report on Wednesday.The figure is above economists’ estimates of a gain of 117,000 jobs. The p...
Corporate leadership across America has seemingly lost faith in the current trajectory of the U.S. economy, swinging sharply from optimism to pessimism in just three months.The Conference Board Measur...
California’s self-inflicted economic wounds have reached a fever pitch in 2026. Strapped with record-high gas prices, a staggering $31 billion transit deficit and a radical billionaire wealth tax head...
American households saving money for their children's educations can leverage tax-advantaged 529 accounts to make their dollars go further.Parents, guardians or grandparents typically open 529 educati...
The Federal Reserve's preferred inflation gauge remained stubbornly high in April as consumers continued to face elevated price growth.The Commerce Department on Thursday reported that the personal co...