XLI News Explorer
Stay informed with the latest market news and analysis about XLI
2024-11-22
Trump Picks Rep. Lori Chavez-DeRemer for Labor Secretary
Nov 22, 2024, 9:25 PM
A moderate from a swing district, she received endorsements from several unions but narrowly lost her bid for a second House term.
2024-11-20
U.S. 'industrial renaissance' is fueling a rebound in fundraising, Apollo CEO Marc Rowan says
Nov 20, 2024, 12:32 AM
Capital raising activity is set for a rebound in the U.S. amid a global "industrial renaissance," Oaktree Capital Management Co-Chairman Howard Marks says.
2024-11-19
Trump to name Howard Lutnick to lead Commerce Department
Nov 19, 2024, 1:12 PM
The department is a key player in boosting domestic manufacturing and the US-China tech war.
2024-11-14
Stock market today: Dow ticks higher with Powell speech, Trump-led sweep in focus
Nov 14, 2024, 9:33 AM
Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in DC.
2024-11-12
How Trump's second White House term could impact the economy
Nov 12, 2024, 6:00 AM
President-elect Trump's economic agenda for his second term in the White House will include some old and new policies compared to his first administration.
2024-11-08
How Trump’s Win Is Explained by Right and Left Media Outlets
Nov 8, 2024, 7:02 PM
Media outlets on the right said Mr. Trump won because of the left’s embrace of what they called extreme political views. Left-leaning outlets offered a broader variety of explanations.
A New Trump Administration Is No Reason to Change Investing Plans
Nov 8, 2024, 5:03 AM
Big changes are coming in the next Trump administration. But your investing plans needn’t change, our columnist says.
What a Second Trump Term Could Mean for Your Money
Nov 8, 2024, 5:03 AM
Here’s what the president-elect has said he might do with your taxes, student loans, Social Security and more.
2024-11-05
Stock market today: Dow, S&P, Nasdaq futures jump as Trump gains election edge
Nov 5, 2024, 11:42 PM
Investors are in wait-and-see mode to find out whether Harris or Trump will win the US election.
2024-11-01
Weak Jobs Report Provides Fodder For Harris and Trump Ahead of Election
Nov 1, 2024, 10:17 AM
Republicans and Democrats used the latest jobs numbers to bolster their arguments about who would be better at managing the economy.
US jobs growth slows sharply amid strikes and hurricanes
Nov 1, 2024, 8:56 AM
Employers added 12,000 jobs in October, much lower than the 223,000 created in September, figures show.
October jobs report: US economy adds just 12,000 jobs as Boeing strike, hurricanes weigh on labor market
Nov 1, 2024, 8:37 AM
The October jobs report is the last major economic release before the Federal Reserve makes its policy decision on Nov. 7.
U.S. Factory Towns Laid Low by the ‘China Shock’ Are Benefiting From New Investments
Nov 1, 2024, 5:03 AM
Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs.
2024-10-31
October jobs report expected to show slowing growth amid hurricane aftermath, Boeing strike
Oct 31, 2024, 1:54 PM
Recent hurricanes and a worker strike at Boeing are expected to have weighed on job growth in October, creating a murky picture of the labor market for the Federal Reserve ahead of its next policy decision.
2024-10-30
U.S. Economy Grew at 2.8% Rate in Third Quarter
Oct 30, 2024, 8:33 AM
The resilience was again driven by robust consumer spending.
2024-10-26
Trump's tariffs would hit most where his supporters live, analysis finds
Oct 26, 2024, 8:44 AM
Donald Trump has proposed tariffs of 60% on Chinese imports and 10% to 20% on goods imported from all other nations. A new study found the states that would be hardest hit are Republican strongholds.
2024-10-21
Canadians and Mexicans nervously watch the US election
Oct 21, 2024, 7:02 PM
As Americans prepare to vote in the presidential election, Canadians and Mexicans mull the likely impact.
2024-10-16
Harris and Trump Push Economic Plans to Woo Holdouts
Oct 16, 2024, 8:05 AM
The candidates provided more detail on how they would bolster the economy, with ideas ranging from tariffs to more assistance for Black entrepreneurs.
Tech is leading markets higher — but 3 other sectors have joined in: Morning Brief
Oct 16, 2024, 6:04 AM
Taking stock of year three of the bull market shows that the rally is spreading out beyond the Magnificent Seven — and even beyond tech. Since the market's recent lows, three other non-tech sectors have taken up the mantle.
2024-10-15
Trump's trade rhetoric may not be all bluster. He needs mammoth tariffs to pay for everything else he wants.
Oct 15, 2024, 2:40 PM
Donald Trump continues to increase his tariff rhetoric alongside increasing signs that at least some level of titanic duties will be a crucial ingredient in his agenda.
Trump Says ‘Growth’ and Tariffs Will Pay for $15 Trillion Agenda
Oct 15, 2024, 4:48 PM
In a combative interview, the former president hinted at even higher tariffs as an economic magic bullet.
2024-10-14
Would Donald Trump’s taxes on trade hurt US consumers?
Oct 14, 2024, 7:34 PM
What could happen if Donald Trump drastically increases tariffs as he has promised to do?
2024-10-05
How long will it take the supply chain to normalize after dockworkers strike?
Oct 5, 2024, 9:31 AM
Dockworkers suspended their strike at East and Gulf Coast ports after reaching a tentative deal, though it will take some time before the supply chain normalizes after the strike.
2024-10-04
September jobs report: Which industries hired the most workers?
Oct 4, 2024, 2:30 PM
The U.S. labor market grew at a faster rate than expected in September with notable gains in the food and beverage sector as well as health care, although manufacturing shed jobs.
2024-10-03
DeSantis deploys resources to Florida ports to keep goods flowing amid 'unacceptable' strike
Oct 3, 2024, 4:10 PM
Gov. Ron DeSantis said Florida's National Guard and State Guard will deploy to the state's ports to restore operations amid the dockworkers strike and Hurricane Helene recovery.
Port strike could affect holiday shopping: How consumers can prepare
Oct 3, 2024, 12:12 PM
Holiday shoppers should get ahead on their purchases before the supply chain disruptions tied to the port strike begin to hinder business operations, an expert says.
2024-09-30
Looming port strike by the numbers: New York, Savannah, Baltimore expected to see disruptions
Sep 30, 2024, 1:49 PM
Three dozen ports along the East and Gulf coasts are facing a potential work stoppage as the deadline for a new contract between port employers and dockworkers nears.
2024-09-27
Port employers meet with Biden administration as potential strike looms next week
Sep 27, 2024, 5:58 PM
Port employers met with White House officials Friday as negotiations with the union representing East Coast and Gulf Coast dockworkers are at an impasse with a potential strike looming.
2024-09-26
LARRY KUDLOW: Big government socialism is a failure
Sep 26, 2024, 5:19 PM
FOX Business host Larry Kudlow calls out Vice President Kamala Harris' economic plan for making the U.S. uncompetitive on "Kudlow."
The Taft-Hartley Act: why Biden could use this labor law to preempt a port strike
Sep 26, 2024, 6:00 AM
Federal law lets the president intervene in labor disputes to impose a "cooling off" period for negotiations, though President Biden doesn't plan to use that if there is a port strike.
2024-09-24
LARRY KUDLOW: Trump's new American industrialism ties a bow around all of his pro-growth policies
Sep 24, 2024, 6:07 PM
FOX Business host Larry Kudlow discusses former President Trump's "plan for a new American industrialism" ahead of the 2024 election on "Kudlow."
2024-09-23
Is the Budget bite going to be rather less painful than its bark?
Sep 23, 2024, 9:34 AM
The chancellor’s speech at the Labour conference was a clear change in tone from the government on the economy.
2024-09-19
Fed's Powell says immigration surge boosted unemployment rate
Sep 19, 2024, 3:59 PM
Fed Chair Jerome Powell said at a press conference that the influx of migrants into the U.S. has contributed to the rise in the unemployment rate as they enter the labor market.
2024-09-18
Fed cuts interest rates by half point, signals two additional cuts this year
Sep 18, 2024, 3:15 PM
The Federal Reserve cut interest rates for the first time in more than four years Wednesday, ending its most aggressive inflation-fighting campaign since the 1980s.
The Fed is poised to enter a new era with first rate cut in 4 years. But what comes next?
Sep 18, 2024, 3:14 AM
Federal Reserve are expected to mark the end of an era on Wednesday as they cut interest rates for the first time in four years.
2024-09-13
First Trust Advisors LP chief economist Brian Wesbury breaks down Donald Trump’s plan to end taxes on overtime pay and its expected impact on the U.S. economy.
Trump pledges no taxes on overtime in pitch to blue-collar vote
Sep 12, 2024, 8:51 PM
(Bloomberg) -- Republican Donald Trump pledged to eliminate taxes on overtime pay at a rally days after a shaky debate performance, as the presidential nominee looked to turn the page with a new populist tax cut proposal.Most Read from BloombergHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceHow Americans Voted Their Way Into a Housing CrisisFrom Louisville, a Push to Plant Trees for Public HealthFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingNYC Transit Capital
2024-09-12
Trump likely wouldn't need Congress to OK this trade policy
Sep 12, 2024, 7:05 PM
It’s easy to dismiss many presidential candidates’ campaign promises as empty, because Congress would need to approve them. Tariffs are different.
Why Low Layoff Numbers Don’t Mean the Labor Market Is Strong
Sep 12, 2024, 5:04 AM
Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later.
2024-09-11
The Big Takeaways from Debate Night
Sep 11, 2024, 7:43 AM
The showdown between Vice President Kamala Harris and Donald Trump was light on policy, but there were still sparks as they laid out different visions for the economy.
2024-09-10
Trump, Harris tout tax plans ahead of presidential debate
Sep 10, 2024, 2:00 AM
Former President Trump and Vice President Harris have been rolling out new elements of their tax plans in the days leading up to their presidential debate in Philadelphia on Tuesday.
For Trump, Tariffs Are the Solution to Almost Any Problem
Sep 10, 2024, 5:04 AM
The former president has proposed using tariffs to fund child care, boost manufacturing, quell immigration and encourage use of the dollar. Economists are skeptical.
2024-09-06
Which industries hired the most workers in August?
Sep 6, 2024, 11:07 AM
The U.S. Department of Labor's payroll report for August found that job losses in the manufacturing and retail sectors partially offset gains that were led by construction and health care.
2024-09-05
LARRY KUDLOW: Donald Trump gave an optimistic, pro-growth, aspirational speech
Sep 5, 2024, 2:07 PM
FOX Business host Larry Kudlow reacts to former President Trump's address to the Economic Club of New York on "Kudlow."
Trump doubles down on tariff ideas before wary audience
Sep 5, 2024, 3:21 PM
Former President Donald Trump sought to offer a more detailed economic message in a speech Thursday in New York and paid special attention to his oft-criticized program for a new wave of tariffs on US imports from around the world.
2024-09-01
Pay for new hires is falling in some blue-collar jobs
Sep 1, 2024, 6:40 AM
Data from ZipRecruiter indicates employers are not willing to pay as much to new recruits as they did last year in some blue-collar sectors. Experts weight in on what's happening.
2024-08-30
Fed's preferred inflation gauge shows prices increased in line with Wall Street's expectations in July
Aug 30, 2024, 8:41 AM
The latest inflation reading comes as investors debate how much the Federal Reserve will cut interest rates by in September.
2024-08-29
Nasdaq surges as market weighs GDP print, Nvidia earnings
Aug 29, 2024, 10:09 AM
The dust is settling after Nvidia's solid but disappointing earnings, as investors reassessed the prospects for techs.
2024-08-28
How Wall Street Learned About Last Week’s Labor Data Before the Public
Aug 28, 2024, 10:24 AM
The Labor Department provided insight into a recent lapse in which revised payroll data was given out à la carte before it went online.
2024-08-27
Harris and Trump Embrace Tariffs
Aug 27, 2024, 12:28 PM
Both Democrats and Republicans are expressing support for tariffs to protect American industry, reversing decades of trade thinking in Washington.