Trump can resume mass federal layoffs for now, Supreme Court says
The justices on Tuesday overrode lower court orders that temporarily froze the cuts.
Trump announces 25% tariffs on Japan and South Korea
The president warned both countries that if they retaliate with their own tariffs, the U.S. would further increase import taxes.
Condo prices dipped 2% in May marking second-largest decline on record, report finds
The price of a condo dropped significantly lower than the cost of a home, according to a new housing report.
‘Senior bonus’ explained: What Trump's budget bill means for Social Security taxes
The "Big Beautiful Bill" could give seniors earning under $75K a tax break of up to $6,000. Here's what we know.
These cities have the highest credit card delinquencies in the U.S., study shows
Late credit card payments impact Americans in some capacity, but these areas are dealing with higher rates of delinquency based on data in a recent study.
Microsoft announces another round of mass layoffs
The latest Microsoft layoffs followed cuts of about 6,000 positions last quarter.
The American dream slips further away as younger adults retreat to parents' homes
Real estate expert Mauricio Umansky sees a growing trend of adult children returning home.
Child care costs are highest in these states, study finds
The steep cost of child care in America is weighing on parents all over the country, but those in these particular states were found to feel the pinch the most.
Majority US families expect to maintain or increase back-to-school spending, survey finds
Nearly 3 in 4 US families plan to spend the same or more on back-to-school shopping this fall, according to a new survey from PwC, signaling strong demand despite inflation and tariff-related price pressures.
Trump slams Powell over interest rates as US faces $9T debt refinancing
The president discussed plans to replace Federal Reserve Chairman Jerome Powell in a FOX Business interview, criticizing high interest rates as the U.S. faces refinancing $9 trillion in debt.
Elon Musk says Senate bill would 'destroy millions of jobs' and hike taxes
Elon Musk’s spat with President Trump over the "big, beautiful bill" continues. Here's the latest of his criticisms.
Unemployment among college grads surpasses overall joblessness rate in US
Young college graduates are facing the toughest job market in more than a decade, with unemployment for degree holders ages 22 to 27 outpacing the national rate, according to new data.
Auto loan delinquencies are on the rise; these states have the most
Analysts say an increase in late car payments is a concerning trend: despite stubborn inflation and high interest rates, unemployment rates are still low.
World's richest 1% raised their wealth by $33.9 trillion in 10 years
A new analysis says the wealth of just 3,000 billionaires is “more than enough to eliminate annual poverty 22 times over.”
Microsoft plans 'substantial' job cuts across Xbox division
Gaming executives are reportedly under pressure to boost financial performance following a $69B Activision Blizzard deal.
GE moves washing machine production from China to Kentucky
GE Appliances says the project will move production of a combo washer/dryer and a lineup of front load washers from China to Louisville.
Port Canaveral unveils $69M expansion plan for Terminal 5 amid cruise boom
Port Canaveral is set to expand Terminal 5 with a $69 million renovation aimed at accommodating larger cruise ships and growing passenger volumes, officials announced this week.
More seniors are choosing to rent over buying, new study shows
Between 2013 and 2023, renters that are aged 65 and older grew by nearly 30%.
Buy now, pay later loans will now impact Americans' credit scores
FICO said that it is going to incorporate buy now, pay later (BNPL) data into credit scores as the payment method surges in popularity.
Oil prices could spike amid US strikes on Iran nuclear sites. What we know
Oil prices may change after the United States’ involvement in the Israel-Iran war. Some experts warn that possible retaliation by Iran could interrupt the influx of crude oil, which may harm global economies.