Fact Check Trump Presidential Address: Claims clash with administration’s own data
President Donald Trump’s upbeat description of the country’s progress Wednesday contrasted with the reality facing many Americans and with some of his own administration’s statistics. Here’s a fact check of his presidential address.
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.
Americans admit it's harder than usual to afford gifts this holiday season, poll finds
Americans aren’t feeling the Christmas cheer this year thanks to persistent high prices and a job market that appears to have entered a deep freeze.
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.
Federal Reserve lowers key interest rate but indicates future cuts will be harder
The Federal Reserve cut its key interest rate but signaled a higher bar for any future reductions.
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.
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.
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.
Sticker shock pushes shoppers out of new-car market as affordability crisis deepens
Auto industry experts say consumers turning to used cars find little relief as prices remain elevated.
Private sector unexpectedly lost 32,000 jobs in November, ADP says
Companies in the private sector lost 32,000 jobs in November, payroll processing firm ADP said Wednesday.
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.
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.
Verizon layoffs: Company to cut thousands of jobs
Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must “reorient" its entire company. Here's what we know.
Delayed September jobs report shows US added surprising 119K jobs: What to know
The Department of Labor said Thursday the U.S. economy added 119,000 jobs in September, above economists' estimates. The unemployment rate rose to 4.4% in September, which was higher than economists' expectations.
More Americans are falling behind on their utility bills, analysis shows
A new analysis finds that millions of Americans have utility debt so substantial that it may get sent to collections.
IRS unveils 401K and IRA contribution limits for 2026. What we know
Starting in 2026, the IRS is raising the contribution limits for 401K and retirement accounts, and here's how you can save a little more next year.