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Economy
Weakening dollar stretches vacation budgets despite summer airfare savings
The decline in the value of the U.S. dollar this year has made Americans' vacations…
Fed’s favored inflation gauge showed price growth picked up in October
An inflation gauge, closely watched by Federal Reserve policymakers, ticked higher in October, though it…
New Council of Economic Advisors report finds tariffs not causing inflation
FIRST ON FOX: A new report from the Council of Economic Advisors (CEA) found that…
Trump White House touts rise of American-born workers
The latest workforce data suggests that American workers have been the main beneficiaries in the labor…
Energy retirements threaten US power grid stability, DOE report finds
The Trump administration's Department of Energy (DOE) on Monday released a report that found currently…
US to impose 25% tariffs on Japan, South Korea on Aug. 1
President Donald Trump on Monday announced the U.S. will impose 25% tariffs on goods imported…
Fed officials urge patience on rate decisions amid tariff uncertainty
Atlanta Federal Reserve President Raphael Bostic warned Thursday that he believes tariffs are likely to…
Fireworks business booms this July 4th as trade talks could fizzle supply
NASHVILLE, Tenn. – The fireworks industry is expecting to get by this Fourth of July…
Ray Dalio warns of economic pain after Congress passes Trump spending bill
Congress officially passed President Donald Trump’s "big, beautiful bill," and billionaire Ray Dalio is warning…
US targets Iranian oil smuggling network, ‘shadow fleet’ with sanctions
The U.S. targeted Iran’s "shadow fleet" and an Iraq-Iran oil smuggling network with sanctions Friday…
Mortgage rates fall to 6.67%: Freddie Mac
Mortgage rates fell for the fifth consecutive week to the lowest level since mid-April, mortgage…
June jobs report: Job growth picked up despite economic uncertainty
The U.S. economy added jobs in June at a faster pace than in recent months,…
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