Economy

Kevin O'Leary discusses Donald Trump and Kamala Harris' position on taxes and its potential impact on voters' decision in 2024.

Dockworkers suspended their strike at East and Gulf Coast ports after reaching a tentative deal, though it will take some time before the supply chain normalizes after the strike.

Costco is cutting the prices of numerous Kirkland Signature items despite recently increasing its membership fees for the first time in seven years.

The number of foreign-born workers declined slightly in September after reaching the highest level since at least 2007 in August, as the U.S. experiences an immigration surge.

The U.S. labor market grew at a faster rate than expected in September with notable gains in the food and beverage sector as well as health care, although manufacturing shed jobs.

Famed economist Larry Summers said Friday that the September jobs report shows the Federal Reserve's 50-basis point rate cut was "a mistake" in hindsight.

The Labor Department reported that U.S. employers added 254,000 jobs in September, well above economists' expectations, while the unemployment rate declined to 4.1%.

U.S. Meat Export Federation President and CEO Dan Halstrom issued a bold warning of port strikes widespread economic and political impact.

Panic buying ensued in some U.S. stores after dockworkers at ports along the East and Gulf coasts went on a three-day strike that ended on Thursday evening.

Dockworkers are returning to work on Friday after reaching a tentative agreement and Vice President Harris says, "this indicates progress towards a strong contract."

U.S. port operators have proposed a conditional offer of a 62% wage increase to dock workers to end a strike and get back to work, FOX Business has learned.

Gov. Ron DeSantis said Florida's National Guard and State Guard will deploy to the state's ports to restore operations amid the dockworkers strike and Hurricane Helene recovery.

The strike by unionized dockworkers at East and Gulf Coast ports has ground coffee shipments to a halt, setting up a supply squeeze given the heavy U.S. reliance on coffee imports.

Holiday shoppers should get ahead on their purchases before the supply chain disruptions tied to the port strike begin to hinder business operations, an expert says.

Mortgage rates climbed slightly this week, with the average for both 30- and 15-year fixed-rate notes rising as the housing market remains largely stalled.

FOX Business' Stuart Varney discussed the port strike ahead of the election, arguing the longer it lasts, the worse it gets for both consumers and Vice President Kamala Harris.