Business

The U.S. economy added jobs at a modest pace in April amid uncertainty surrounding the impact of conflict in the Middle East on the labor market.The Bureau of Labor Statistics on Friday reported that employers added 115,000 jobs in April. That figure is above the estimates of economists polled by LSEG, who predicted a gain of 62,000 jobs.The unemployment rate held steady at 4.3%, which was in line with the expectations of […]

Multiple snack mix products — including a Target-sold item — are being voluntarily recalled over potential salmonella contamination, federal health officials said.John B. Sanfilippo & Son, Inc. is recalling several products sold under its Fisher, Squirrel Brand and Southern Style Nuts labels, as well as a Good & Gather snack mix distributed by Target, according to a Tuesday announcement from the U.S. Food and Drug Administration (FDA).The recall is linked […]

Two iconic Detroit brands are joining forces to support the workers and industries that keep the U.S. economy running.Ford Motor Co. and Carhartt on Thursday unveiled a broad collaboration aimed at spotlighting what they call the "essential economy," including sectors such as construction, manufacturing, public services and the skilled trades. The effort brings together product innovation, small business support and local investment in the Motor City.As part of the partnership, the […]

Americans are officially ghosting overpriced metro areas in favor of the humble Springfield.For the second month in a row, Springfield, Massachusetts, has been crowned the hottest housing market in America, but its Illinois namesake is stealing the spotlight with a staggering 26.6% annual price surge, recent Realtor.com data shows, bringing it to the No. 13 spot.While major metros like Boston and Chicago become increasingly unaffordable, smaller cities with deep American roots, […]

The Trump administration's efforts to curtail U.S. dependence on China are intensifying as artificial intelligence exposes vulnerabilities deep inside America’s military supply chain.Exiger CEO Brandon Daniels joined FOX Business’ Maria Bartiromo on "Mornings with Maria" to discuss how artificial intelligence is being used to trace the origin of critical military components and identify weak points tied to Chinese-controlled materials and suppliers.Daniels said China has spent years targeting key areas of […]

A new report by the Federal Reserve Bank of New York finds that the recent rise in gas prices has affected households very differently based on their income level.Energy prices hit a four-year high in March amid the Iran war, prompting the closure of the Strait of Hormuz, which is a chokepoint through which about 20% of the world's oil supply passes through aboard tankers.The New York Fed's analysis finds […]

EXCLUSIVE – USAA and the Armed Services YMCA (ASYMCA) are launching a new childcare initiative just in time for Military Spouse Appreciation Day aimed at addressing a growing challenge for military families — access to affordable care during frequent relocations that often disrupt careers.The $1.45 million effort comes as military spouse unemployment remains significantly higher than the national average, with childcare shortages emerging as a key driver."Today, the military spouse […]

The slowing labor market is posing a challenge to recent college graduates looking to begin their careers, with many new graduates finding work in Southern cities.A study by ADP using anonymized data to compare the 53 largest metro areas in the U.S. based on hiring, wages and affordability for workers in their 20s with college degrees. It found that Birmingham, Alabama, and Tampa, Florida, were at the top of the list […]

Momentum is building behind President Donald Trump’s push to make the U.S. the "crypto capital of the world," as lawmakers work to advance key legislation that could reshape the industry."We obviously fully support the president’s agenda to make America the crypto capital of the world," said Zach Witkoff, CEO of World Liberty Financial.Witkoff, the son of Trump special envoy Steve Witkoff, discussed the CLARITY Act with FOX Business early Wednesday.The […]