Private sector added 109,000 jobs in April, above expectations, ADP says
Companies in the private sector added 109,000 jobs in April, payroll processing firm ADP said in its latest report on...
Tesla recalls more than 218K vehicles over rearview image issue that poses crash risk
Tesla is recalling more than 218,000 vehicles because of delayed rearview camera images that could increase the risk of a...
Southern cities dominate rankings of best job markets for new college graduates
The slowing labor market is posing a challenge to recent college graduates looking to begin their careers, with many new...
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Gas price surge hitting low-income households hardest, Fed study finds
A new report by the Federal Reserve Bank of New York finds...
Rising fuel costs threaten Spirit Airlines’ bankruptcy exit plan: reports
Spirit Airlines is facing renewed financial pressure as rising fuel costs threaten...
Foreclosures hit highest level in 6 years as insurance, property tax costs squeeze homeowners
Foreclosures rose to the highest level in six years in the first quarter of this year as homeowners are squeezed...
Social Security’s next COLA projection might not go as far as retirees hope
American retirees who are receiving Social Security will see an annual cost of living adjustment (COLA) next year, and a...
Oil prices plunge after Iran says Strait of Hormuz open for commercial shipping traffic
Oil prices plummeted more than 10% on Friday after Iran's foreign minister said that the Strait of Hormuz will be...
Steak and seafood chain 801 Restaurant Group files for bankruptcy after closing Denver, Minneapolis spots
A Kansas-based restaurant group with several steak and seafood locations in Kansas, Missouri, Minnesota, Colorado, Virginia, Nebraska and Iowa, has...
Mortgage rates tick higher as geopolitical tensions mount
Mortgage rates ticked slightly higher this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market Survey,...
Recall reannounced for power banks after charger causes fire on plane, death to 75-year-old woman
A recall affecting more than 400,000 power banks has been reissued after federal regulators reported additional incidents, including a fatal...
Trump admin to begin refunding $166B to businesses in wake of Supreme Court decision
Businesses can begin filing for tariff refunds on Monday as the federal government starts unwinding billions of dollars in import...
Work more, lose less? New bill aims to end Social Security penalty
A new proposal would allow Social Security beneficiaries to continue working without having their benefits diminished, which could make it...
California built more homes than people over six years — so why is housing still so tight?
California's housing market is seeing an increase in inventory while the state's population growth slows, but strong demand stemming from...
Nearly half of Gen X workers are delaying retirement as rising costs, stagnant wages drain savings
For the generation that should be in its "peak savings years," the prospect of retiring on time has shifted from...
Soaring jet fuel prices threaten to drive up summer travel costs
Americans who will be traveling this summer could see the cost of their summer vacations jump due to the spike...
Who is Kevin Warsh, Trump's pick to succeed Jerome Powell as Fed chair?
As President Donald Trump's nominee to lead the Federal Reserve, Kevin Warsh is stepping back into the spotlight – and...
How does Fed chair nominee Kevin Warsh view the central bank's inflation goal?
Kevin Warsh is testifying on Tuesday about his nomination to be chairman of the Federal Reserve, with senators likely to...
DOJ reportedly pursuing criminal antitrust probe of major meatpacking companies
The Justice Department is reportedly pursuing a criminal antitrust investigation of large meatpacking companies after President Donald Trump called for...
Trump administration makes Fannie, Freddie change it says will benefit 'tens of millions' of Americans
Fannie Mae and Freddie Mac are making a major change to how Americans may qualify for a mortgage. The government-backed...
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