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Economics | Business & Finance

Business & Finance | Economics

A Plunge in Facebook's Parent Company Weighs on Tech Stocks

A historic plunge in the stock price of Facebook’s parent company helped yank other tech stocks lower on Wall Street Thursday, abruptly ending a four-day winning streak for the market.

Business & Finance | Economics

Opinion: A Mom’s Research (Part 1): Nordic Countries Are Not Socialist Paradises

Commentary As the mother of a 17-year-old in a deep blue state, I am often asked questions about ...

Business & Finance | Economics

Families earning less than $75,000 a year turn more pessimistic as U.S. consumer sentiment sags to six-month low - Marke

Pessimism about financial security, especially among lower-income Americans, grew in early February and fewer expect the economy to show much improvement by...

Business & Finance | Economics

Presidential Envoy for Climate Kerry: Laid Off Oil and Gas Workers Can Work on Solar Panels

Special Presidential Envoy for Climate of the Biden administration John Kerry said Wednesday that those workers impacted by ...

Business & Finance | Economics

UK, EU announce post-Brexit trade deal, days before deadline | Fox Business

A trade deal was finally reached Thursday after negotiators from the European Union and Britain worked through the night and right into Christmas Eve on the finishing touches.

Business & Finance | Economics

GM makes $2.2 billion investment in electric vehicle plant where HUMMER EV will be produced | Fox Business

General Motors announced Friday it is turning its Detroit-Hamtramck Assembly Center into Factory ZERO, which will be the company's new home for the production of electric vehicles. 

Business & Finance | Economics

IMF: US Economic Recovery Stronger Than Anticipated in 2020

The International Monetary Fund (IMF) made a “significant upgrade” to the U.S. economic forecasts for 2020, driven by faster than expected recovery from the COVID pandemic.

Business & Finance | Economics

Median Household Income Highest on Record in 2019, Census Bureau Reports

Median household income rose by nearly 7 percent in 2019 from the year before, the Census Bureau reported ...

Business & Finance | Economics

Chinese Regime Quietly Lost Market Economy Status at WTO

Honest News Straight to Your Home. Try the Epoch Times yourself, and get a free gift. The Chinese ...

Business & Finance | Economics

Labor Market Makes Surprise Rebound as Unemployment Falls and Economy Adds Jobs

The U.S. unemployment rate fell in May and layoffs abated, the latest signs the economic downturn caused by the COVID-19 pandemic was bottoming.

Business & Finance | Economics

Labor Market Makes Surprise Rebound as Unemployment Falls and Economy Adds Jobs

The U.S. unemployment rate fell in May and layoffs abated, the latest signs the economic downturn caused by the COVID-19 pandemic was bottoming.

Business & Finance | Economics

Coronavirus prompts growth for small farms offering direct-to-consumer sales | Fox Business

Unlike larger farms that are struggling as restaurants remain closed, small farms are receiving more customers than ever from the coronavirus.

Business & Finance | Economics

Coronavirus response includes $3,000 for average family of 4: Mnuchin | Fox Business

Congress's proposed response to the economic shutdown caused by the coronavirus pandemic includes approximately $3,000 for the average family of four, Treasury Secretary Steve Mnuchin told "Fox News Sunday."

Business & Finance | Economics

Here's where the jobs are for February 2019 — in one chart

CNBC studied the net change in employment by industry for February based on data from the Labor Department.

Business & Finance | Economics

New Building Permits Hit 13-Year High, Suggesting Robust US Economy

New building permits surged to a near 13-year high, pointing to sustained housing market strength amidst a period of continuing economic expansion.

Business & Finance | Economics

Trump touts 'blue-collar boom' in speech to global elite | Fox Business

Earnings growth of the bottom 10 percent of Americans is outpacing that of the top 10 percent, the president said.

Business & Finance | Economics

Why Luxury Units in Manhattan Are Vacant - The Atlantic

Approximately half of the luxury-condo units that have come onto the market in the past five years are still unsold.

Business & Finance | Economics

US-China phase one trade deal: What Beijing has agreed to buy | Fox Business

U.S. sources have told FOX Business the purchases will total $205 billion to $210 billion over two years.

Business & Finance | Economics

Sen. John Barrasso: Washington Gov. Jay Inslee is hurting environment, helping Putin | Fox News

Failed Democratic presidential candidate and Washington state Gov. Jay Inslee is abusing the Clean Water Act and taking energy projects hostage. Instead of protecting the environment, he is playing into the hands of Russian President Vladimir Putin.

Business & Finance | Economics

Trump adviser hints at next big trade deal | Fox Business

India is America's ninth-largest trading partner, accounting for some $143 billion in goods and services transactions.

Business & Finance | Economics

U.S.-China trade war: Hidden benefits of partial agreement revealed by architect Robert Lighthizer | Fox Business

The phase one trade deal is the first step in correcting a trade imbalance of more than $300 billion between the world's two economic superpowers. 

Business & Finance | Economics

Top 5 states with the best economic outlooks | Fox Business

"Generally speaking, states that spend less -- especially on income transfer programs -- and states that tax less -- particularly on productive activities such as working or investing -- experience higher growth rates than states that tax and spend m

Business & Finance | Economics

US Has First Full Month as Net Oil Exporter for First Time in 70 Years

The US became a net exporter of crude and petroleum products for the first time in 70 years.

Business & Finance | Economics

Mexican President to Urge Pelosi to Move Forward With USMCA

Mexico is slated to send a letter to House Speaker Nancy Pelosi (D-Calif.) this week to urge Congress ...

Business & Finance | Economics

Krugman Admits He and Mainstream Economists Got Globalization Wrong

Paul Krugman says he and his colleagues got some things wrong about globalization, in particular around its downside impact on local labor markets.

Business & Finance | Economics

China Uses Deception to Fight a War Against US Without Actual Combat, Retired US General Says

The Chinese communist regime has been waging a stealth war against the West, deploying all spheres of society ...

Business & Finance | Economics

Crisis in World Trade Signals Globalism’s Failure

Globalization, the most powerful economic force to have shaped the world over the past two decades, is now giving way to a new world order. Souring sentiment against globalization, particularly in developed countries, has led to a global revival of nation

Business & Finance | Economics

New Study Released: 14.3M Illegal Aliens Living in U.S., Costing Americans $132B a Year

About 14.3 million illegal aliens are living across the U.S., according to a new study, costing Americans an estimated $132 billion a year. 

Business & Finance | Economics

Apple Will Make the New Mac Pro Computers in US After Getting Tariff Exemptions

Apple said it would be making its new Mac Pro computers in the United States in a Sept. 23 announcement.

Business & Finance | Economics

Over a Million Households Climbed to Middle Class Under Trump, Census Data Shows

More than 1.2 million American households moved to above $50,000 in annual income between 2016 and 2018, according to Census Bureau data released on Sept. 10, a sign of a growing middle class.

Business & Finance | Economics

Will China’s $50 Trillion Debt Bomb Blow Up the Yuan?

On Aug. 5, the U.S. Treasury declared China a currency manipulator for allowing its currency, the yuan or ...

Business & Finance | Economics

Over 6 Million Americans Have Dropped Off Food Stamps Since Trump Took Office

Roughly 6.2 million people have dropped off food stamps since President Donald Trump’s first month in office.

Business & Finance | Economics

Black Unemployment Shatters Another Historic Low

Black Americans enjoyed unemployment rate at a new historic low in August—5.5 percent. That’s down from 6 percent the month before.

Business & Finance | Economics

US-Japan Trade Deal Upends China’s Only Bargaining Chip in Trade Talks: Commentator

US-Japan Trade Deal Upends China’s Only Bargaining Chip in Trade Talks: Commentator

Business & Finance | Economics

Trump: 'Enjoy the low gas prices over the Labor Day weekend!' | Fox Business

The president tweeted his energy policies plaid a role in keeping prices down at the pump over the holiday weekend.

Business & Finance | Economics

Wilbur Ross: American workers are winning | Fox Business

Jobs, rising wages and a solid economy make it a good time to be a U.S. consumer.

Business & Finance | Economics

Recession indicator: What it means when yield curve inverts | Fox Business

Wall Street got a wake-up call Wednesday morning as the yield curve inverted, sparking concerns the U.S. economy could be headed for a recession.

Business & Finance | Economics

Americans Apply for Jobs at Koch Foods After ICE Raid | Breitbart

Roughly 150 locals sought jobs at Koch Foods' chicken processing plants in Mississippi, following the August 7 removal of illegal migrants.

Business & Finance | Economics

Mexico is now America's number one trading partner — Quartz

Thanks to the Washington-Beijing trade war, the Mexico is finally the biggest trade partner for the US.

Business & Finance | Economics

Europe Agrees to Buy More US Beef as Part of EU Trade Talks

The United States and the European Union reached an agreement that will open Europe to more American beef exports, ending a long-running Trans-Atlantic dispute.

Business & Finance | Economics

Economists use beer to explain how socialism affects societies | Fox Business

In a political environment where the word "socialism" is thrown around often, two economists decided to see the real-world examples out there by using one common denominator: Beer.

Business & Finance | Economics

Mexico creates 20,000 jobs to curb migration | Fox Business

That migration has angered Trump, who has made border security a priority, and issued economic threats against Mexico and Central America if more is not done to contain the flows.

Business & Finance | Economics

Trump’s Workforce Initiative to Provide Skills Training for 12 Million Americans

More than 300 companies and organizations said they would support the workforce initiative of the White House, committing to train over 12 million Americans to help them gain new job skills over the next five years.

Business & Finance | Economics

Number of Americans on Welfare Dropping Under Trump Administration

Americans’ dependence on government programs has diminished during the presidency of Donald Trump, most visible in the shrinking of food stamp enrollment.

Business & Finance | Economics

US Jobs report June 2019: Payrolls rise 224,000, unemployment rate 3.7%.

Payroll growth rebounded sharply in June as the U.S. economy added 224,000 jobs and the unemployment rate rose to 3.7%.

Business & Finance | Economics

China Must Open Up, Create Level Playing Field: German Economy Minister

BERLIN—China must open up its markets and create fair rules for German companies, Economy Minister Peter Altmaier said ...

Business & Finance | Economics

John Koufos: I am a former prisoner. Here's why second chance hiring is so important | Fox News

More and more employers are realizing that second chance hiring is not only good for their businesses but also good for society as inmates with meaningful jobs are far less likely to return to criminal activity.

Business & Finance | Economics

Trump to Issue Executive Order on Health-Care Price Transparency - WSJ

President Trump plans to issue an executive order on Monday to compel the disclosure of prices in health care, according to three sources familiar with the planning.

Business & Finance | Economics

5.8 Million People No Longer on Food Stamps Under Trump

New USDA data says over 5.8 million people have dropped out of food stamps since President Trump completed his first month in power in Feb. 2017.

Business & Finance | Economics

German CEOs have US economy envy | Fox Business

U.S. Ambassador to Germany Ric Grenell says the U.S. economy is the envy of corporate leaders in Europe.

Business & Finance | Economics

Israel GDP | 2019 | Data | Chart | Calendar | Forecast | News

The Gross Domestic Product (GDP) in Israel was worth 350.85 billion US dollars in 2017. The GDP value of Israel represents 0.57 percent of the world economy. GDP in Israel averaged 89.46 USD Billion from 1960 until 2017, reaching an all time high of 350.8

Business & Finance | Economics

Jobs czar Ivanka Trump: ‘We’re making it happen’

Ivanka Trump, President Trump’s unofficial job czar, today heralded the new report that unemployment hit a 49-year low by cheering, “We’re making it happen.”

Business & Finance | Economics

New York's Minimum Wage Hike Had the Devastating Effect Economists Predicted

New York’s Minimum Wage Hike Had the Devastating Effect Economists Predicted

Business & Finance | Economics

America is set to surpass Saudi Arabia in a 'remarkable' oil milestone - CNN

Move over, Saudi Arabia. America is about to steal the kingdom's energy exporting crown.

Business & Finance | Economics

Medical Marijuana Investors: The Floodgates Are Open - March 1, 2019 - Zacks.com

Marijuana will provide the basis for many of tomorrow's blockbuster drugs that treat all sorts of different diseases. David Borun can show you how to become an early investor in this burgeoning industry.

Business & Finance | Economics

Modern Monetary Theory: Everyone's Talking About MMT, But What Is It, And Will It Work? | Investor's Business Daily

Heard of Modern Monetary Theory, or MMT? If not, you soon will. Some Democrats say it can help justify massive increases in government spending.

Business & Finance | Economics

American Firms Sign Deals Worth $21 Billion Ahead of Trump-Kim Summit

HANOI, Vietnam—Ahead of his historic summit with Korean leader Kim Jong Un, President Donald Trump held bilateral talks ...

Business & Finance | Economics

Vice President Cheers Opportunity Zone Success from South Carolina

Vice President Pence celebrated one of America’s first Opportunity Zones under the Trump administration in South Carolina Thursday.

Business & Finance | Economics

Trump tax cuts and the middle class: Here are the facts | Fox Business

While the rhetoric of the left has sought to portray the Republican tax cuts as a negative for the middle class, nothing could be further from the truth.

Business & Finance | Economics

Tame Inflation Shows Tariffs Are Not Taxing American Consumers | Breitbart

Consumer prices once again demonstrate that American households are not being squeezed by tariffs on metals and China imports. | Economy

Business & Finance | Economics

US Steel Cites Trump in Resuming Construction Project

U.S. Steel Corp. will restart construction on an idled manufacturing facility in Alabama, and it gave some of the credit to Trump’s trade policies.

Business & Finance | Economics

Americans' Confidence in Their Finances Keeps Growing

Rarely in the past four decades have Americans been as positive as they are now about their personal finances, whether looking ahead to the next year or looking back at the previous one.

Business & Finance | Economics

China Buys US Soybeans a Day After Trade Talks, Traders Say

Chinese state-owned firms bought at least 1 million tonnes of U.S. soybeans on Feb. 1, a day after ...

Business & Finance | Economics

Some States Consistently Live Beyond Their Means — 'A Warning Sign Of Trouble Ahead' | Investor's Business Daily

Since 2003, ten states have repeatedly run deficits, spending more than they take in. It can't go on forever. Perpetual deficits are sure signs of trouble.

Business & Finance | Economics

Jobs Report: Trump Delivers For Workers … After Years Of Empty Obama Promises | Investor's Business Daily

The latest expectation-shattering jobs report isn't a fluke. It's another sign that President Trump's economic policies are improving the lives of middle class families.

Business & Finance | Economics

Manufacturing Unexpectedly Surges in January | Breitbart

Factory activity increased and, despite all the worries about tariffs, prices of raw materials used by manufacturers fell. | Economy

Business & Finance | Economics

States that spend the most on welfare | Fox Business

Although California has the highest public welfare expenditures, it didn’t make the list.

Business & Finance | Economics

New federal income tax form: 5 things to do before you file

Anxiety will run high this tax season. But doing your taxes still requires steps like finding the 2017 return and understanding key changes.

Business & Finance | Economics

Steve Forbes: Passing US/Mexico/Canada Deal would bring big benefits to our economy | Fox News

Congress should act as soon as possible to approve the renegotiated North American Free Trade Agreement (NAFTA), now rebranded as the United States-Mexico-Canada Agreement (USMCA).  This deal is a win-win for American workers, manufacturers and other emp

Business & Finance | Economics

U.S. Could Soon Pump More Crude Than Saudis Can at Their Peak

(Bloomberg) -- America’s journey to preeminence in the global oil trade is about to hit another milestone. Propelled by the shale-oil boom, the U.S. is already producing more crude than either Russia or Saudi Arabia, who until recently vied for the to

Business & Finance | Economics

China says it is 'ready to work with US' - BBC News

China's latest statement suggests trade negotiations between the two countries are progressing.

Business & Finance | Economics

The Miracle of $2 A Gallon Gas Prices | Investor's Business Daily

What seemed like an impossibility just a few years ago is now a reality for many across the country: gasoline that costs less than $2 a gallon.

Business & Finance | Economics

The exodus of New York City’s endangered middle class

After decades of sharp income erosion in the face of relentless taxes, escalating living costs and wage reductions through technological changes, the full extent of this shocking exodus is laid bare in the latest US Census data.

Business & Finance | Economics

Trump Signs Order to Boost Investment in Opportunity Zones

President Donald Trump is creating a White House council to manage the so-called opportunity zones, a program designed ...

Business & Finance | Economics

Trump Signs Order to Boost Investment in Opportunity Zones

President Donald Trump is creating a White House council to manage the so-called opportunity zones, a program designed ...

Business & Finance | Economics

Report: Aluminum Tariffs Boost Jobs, Production, Investment

WASHINGTON—The U.S. aluminum industry was on the brink of extinction a year ago, but it is thriving now ...

Business & Finance | Economics

Worker shortage holding US economy back: Kevin Brady | Fox Business

Brady’s comments come on the heel of the Department of Labor’s November jobs report.

Business & Finance | Economics

California: More than 7-in-10 Noncitizen Households Are on Welfare

More than 7-in-10 households headed by immigrants in the state of California are on taxpayer-funded welfare, a new study reveals. 

Business & Finance | Economics

Trump is winning on trade -- Don't let the 'experts' fool you | Fox News

The U.S. has hemorrhaged middle-class manufacturing jobs for more than a generation thanks to bad trade policies. President Trump is changing that.

Business & Finance | Economics

Disability Reform: A Good Economy Makes This a Good Time to Start | National Review

A labor market with adequate jobs and rising wages is the perfect opportunity.