These states are increasing the minimum wage in 2026
Significant wage hikes kick in Jan. 1 for millions of workers across these states. See if your area made the list.
New GDP numbers show U.S. economy grew faster than expected last quarter
The latest Commerce Department report shows the U.S. economy grew 4.3% in the third quarter, beating expectations as officials and analysts debate whether the momentum can last.
President Trump defends economy, blames predecessor in national address
Political science professor Stephen Maynard Caliendo weighs in on President Trump’s prime-time address, examining its tone, timing and what the president hoped to accomplish as economic concerns and unemployment rise.
Delayed November jobs report shows US added 64K jobs but lost 105K in October
The Labor Department jobs report released Tuesday shows U.S. employers added 64,000 jobs in November but lost 105,000 in October. The reports for both months were delayed due to the 43-day federal government shutdown.
Trump admin touts economic outlook for 2026
The White House projects lower inflation and steady jobs ahead while debates over interest rates and healthcare affordability intensify in Washington.
Trump's management of the economy hits its lowest point, poll finds
A new poll is showing declines in Trump’s economic and immigration approval. Here’s what we know.
Fed decision on interest rates arrives as Trump pushes for deeper cuts
The Federal Reserve weighs a possible rate cut today while President Trump and lawmakers from both parties debate its impact on inflation, the economy, and the upcoming election season.
October jobs openings report shows slight uptick with 7.67 million open positions
The Bureau of Labor Statistics (BLS) on Tuesday released its October job openings report, which shows job openings up slightly at 7.67 million open positions.
Trump defends tariffs, touts economy ahead of Pennsylvania visit
President Trump doubles down on his tariff strategy, promises new aid for farmers, and prepares to take his economic message to voters in Pennsylvania.
What Trump's $12 billion farmer bailout package could mean for grocery prices
The funds will be used to help U.S. farmers pay off their debts and plan financially for next year's planting, which will in turn ensure that they can keep producing food, and therefore stabilize the U.S. food supply.
These states unemployment claims are decreasing the most, data finds
With applications for unemployment benefits falling nationwide to one of its lowest marks in a few years, these states experienced the biggest drop in claims filed.
Trump shifts focus to economy as voter concerns over rising prices grow
President Trump highlights economic issues during a visit to Pennsylvania, emphasizing energy prices and inflation as both parties sharpen their messages ahead of 2025.
US Steel to resume steel production at Illinois plant shut 2 years ago
U.S. Steel said it will resume making steel slabs at its Granite City Works plant in Illinois as demand rebounds.
US layoffs soar past 1.1M in 2025, highest level since the pandemic
Layoffs announced by employers in November pushed the 2025 total to the highest level since the wave of pandemic-induced layoffs in 2020, new data shows.
Oil and gas prices expected to stay significantly lower through 2026
Noticing some relief at the gas pump? Oil and gas prices are expected to stay significantly lower through 2026, according to the latest forecast from the Energy Information Administration.
How holiday spending reveals the real state of the middle class economy
Business journalist Gene Marks breaks down holiday spending trends, what they mean for small businesses and the middle class, and how these signals shape expectations for the economy heading into 2026.
Delayed $3.6B aid that helps families pay to heat their homes released to states
Approximately $3.6 billion in delayed funding for heating assistance was released Friday to states and tribes. Here’s what we know.
HP to slash up to 6,000 jobs by 2028 in massive AI transformation push
Tech giant HP is looking to cut $1B in costs in next three years, and is cutting thousands of jobs in the meantime.
Dick's Sporting Goods plans to close some Foot Locker stores
Dick's Sporting Goods plans to close underperforming Foot Locker stores after its $2.4 billion acquisition to boost profitability and growth.
Middle-income Americans pessimistic about their financial future amid persistent inflation, analysis shows
A new report report found that middle-income Americans are suffering from an "inflation hangover" after several years of price hikes.