October jobs report to arrive days ahead of Election Day, Fed's rate cut decision
The release of the October jobs report on Friday will give American voters and the Fed's policymakers a last look at labor market data ahead of Election Day and the Fed meeting.
California restaurant owner potentially facing more closures
Mollie Engelhart had to close down three Sage Regenerative Kitchen restaurants in Los Angeles. She is worried she will have to shutter the final two which are 'barely hanging on.'
Price gap between new and used cars hits all-time high
The gap between the average price of a new vehicle compared to a used car topped $20,000 for the first time last quarter, according to data from auto shopping guide Edmunds.
Economic historian blames Biden-Harris admin for 'highest inflation in 40 years'
Key Square Group founder Scott Bessent and chief economist at the America First Policy Institute Michael Faulkender discuss former President Trump's agenda on 'Kudlow.'
Massive lithium discovery in California could be boon for US supply
Massive lithium reserves discovered under California's Salton Sea could boost U.S. domestic supplies of the critical mineral used to make EV batteries and other technologies.
How McDonald's plans to bring back customers
McDonald's said that it continues to face slow traffic in back-to-back quarters, especially among its lower-income consumer. Here's what the company is doing to change that.
Trump and Musk’s method of dealing with technology will be ‘very different’ from Dems: Kenny Polcari
SlateStone Wealth chief market strategist Kenny Polcari compares Trump and Harris’ handling of the U.S. economy during an appearance on ‘Varney & Co.’
US economy grew 2.8% in the third quarter, slower than expected
The U.S. economy grew at a 2.8% annual rate in the third quarter, according to Commerce Department data released Wednesday. That pace is slightly slower than what economists forecasted.
Private sector job growth surges in October, ADP says
Companies in the private sector added 233,000 jobs in October, payroll processing firm ADP said on Wednesday. The figure was well above economists' estimates.
Baby powder recall expands over possible asbestos contamination
Dynarex Corporation expanded a baby powder recall after sampling by the FDA revealed finished products using the same bulk talc had been contaminated.
Nearly 50% of voters said deepfakes had some influence on election decision: survey
A growing number of political deepfakes are infiltrating consumer lives. The issue is that its getting harder to detect which ones are fake, an expert says.
Job openings tumble more than expected to the lowest since January 2021
The Labor Department's JOLTS report for September showed fewer job openings than expected, with the number of unfilled positions at its lowest level since January 2021.
Larry Fink says Fed won't cut interest rates as much as people think, warns inflation 'embedded'
BlackRock Chief Executive Larry Fink says the Federal Reserve will not lower interest rates as much as some forecasters expect, warning inflation is "embedded."
The working-class vote is now 'a problem' for Democrats: Investor David Bahnsen
Bahnsen Group founder and managing partner David Bahnsen reacts to the presidential frontrunners' final pitch to U.S. voters on turning around the economy.
US airlines have to automatically refund travelers for canceled, 'significantly changed' flights: What to know
The Department of Transportation announced that its automatic refund rule has taken effect, making it easier for passengers to understand when they can obtain a refund.
Fiscal policy is always a risk, says economist Jake Oubina
Piper Sandler managing director and senior economist Jake Oubina weighs in on whether he expects a second spike of inflation, the impact of tariffs on investors and the expected jobs data.
Here's how inflation 'hits seniors particularly hard' under Democrats
Sen. Shelley Moore Capito, R-W.Va., explains how the GOP is poised to win U.S. Senate majority and criticizes Democrats for 'no plans' to tackle inflation.
Market expert urges the Federal Reserve to 'go back to the fundamentals'
Saphyre Vice Chairman Wolfgang Koester details his 'excitement' around the fin-tech sector, looks ahead to this week's earnings and previews the October jobs report.
Would a 4-day work week work in the US?
A new study highlighting the broad adoption of a shorter work week in Iceland is touting the program as a success. Experts weigh in on how a 4-day work week could impact the U.S.
Inter Ikea CEO sees turnaround in housing
Inter Ikea CEO Jon Abrahamsson Ring, who oversees the franchisees in all 63 of the company's markets, believes housing conditions will improve over the coming fiscal year.