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First Trust Advisors chief economist Brian Wesbury on tight consumer credit conditions, the state of the stock market and how Trump's Cabinet picks will impact the macroeconomy.

Republicans suddenly think the economy is much better. Democrats think it is worse. Why might that be?

JD Vance and others on the “new right” say limiting immigration will raise wages and give jobs to sidelined Americans. Many studies suggest otherwise.

The number of Americans filing new applications for unemployment benefits fell to a seven-month low last week, suggesting that job growth likely rebounded in November after abruptly slowing last month amid hurricanes and strikes. The report from the Labor Department on Thursday also showed unemployment rolls swelling to levels last seen in late 2021. Labor market slack keeps the door open for a third interest rate cut from the Federal Reserve next month, despite a recent lack of progress lowering inflation to its 2% target.

The inflation rate has risen, putting pressure on people's finances and casting doubt on interest rate cuts.

Americans plan to spend more on holiday shopping this year than they did last year.

As the number of couples who split after the age of 50 rises, more Americans are looking at a retirement that is drastically different than they had expected.

Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear off.

Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear off.

October's retail sales report will be closely watched by investors for signs that the US economy remains on solid footing as the Federal Reserve begins to cut interest rates.

Readers are concerned that his campaign proposals would put Social Security’s finances on thinner ice, endangering their payments.

Consumer sentiment among Republicans has soared to its highest point since Donald J. Trump left the White House, while declining among Democrats.

The president-elect has said he could impose tariffs as high as 200 percent on car imports from Mexico, a move that could hurt factories and workers on both sides of the border.

The Dow, S&P 500 and Nasdaq Composite hit a fresh round of new record highs as investor optimism continues following President-elect Donald Trump's historic White House win.

New figures show university graduates could be eligible for refunds worth nearly £200m.

The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.

This is a comparison of Thursday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.

Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?

America’s economic growth is the envy of its global counterparts. But voters wanted more from the Biden administration — specifically, lower prices.

Donald Trump is now set to have the distinction of being the 45th and the 47th US President.

Bitcoin reached a record high and the dollar jumped, signs that traders were positioning themselves for a possible win by Donald Trump.

FOX Business Network, Fox News Channel and Fox News Digital are America's home for the best up-to-the-minute election coverage on Tuesday evening and beyond.

The job market is slowing but consumer spending is strong, posing a riddle for central-bank officials as they reduce interest rates.

Kamala Harris’s plans offer a bigger boost for the working class, but Donald Trump seems to be convincing voters.

It's been a big week with four tech titans stepping up to the plate to deliver quarterly results. But fresh consumer data this week shows something just as important — if not more so.

American households continue to feel squeezed by inflation, which contributes to a more pessimistic view about the economy even as data shows the pace of price growth slowing.

Among the policies announced by the chancellor, some will have a direct impact on younger people.

The Commerce Department released the latest data for the personal consumption expenditures index, which is closely watched by Federal Reserve policymakers and showed inflation cooled.

Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.

The release of the October jobs report on Friday that will give American voters and the Fed's policymakers a last look at labor market data ahead of Election Day and the Fed meeting.

Consumers still give the economy poor marks, though the job market is strong and price increases have faded for months.

The Resolution Foundation says families are also set for a further squeeze on living standards.

The chancellor says businesses will "contribute more" as she raises employer National Insurance to 15%.

The chancellor has delivered a packed Budget, so here's how it affects you and your money.

In a key economic report released just days before the presidential election, growth was again driven by robust consumer spending.

Wednesday's reading on US economic growth and inflation comes as investors attempt to decipher the Federal Reserve's path forward with interest rates.

The resilience was again driven by robust consumer spending.

The National Living Wage will rise by 77p from £11.44 per hour for workers over the age of 21.

Job openings declined to a near four-year low during the month of September in the latest sign the labor market is cooling.

Weather is going to make it hard to read the October jobs report. But for a Fed that looks at the "totality" of data between meetings, that's probably okay.

A new study found that infant care costs top 10% of the median annual household income in 48 states plus the District of Columbia, squeezing families' budgets.

A guide to how the two presidential candidates might affect the financial issues that matter most to voters in 2024.

Up to 8 million borrowers could see part or all of their debt wiped away under President Biden's latest student loan relief plan.

Fresh data from S&P Global showed the US economy is tracking for solid growth through the end of 2024.

Tesla's results pleased investors as CEO Elon Musk applauded the automaker's progress and hinted that bigger things are ahead for the electric vehicle player.

The Real Living Wage is going up, six months after National Minimum Wage and National Living Wage rates rose.

The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other provisions that will take effect for tax year 2025.

Stocks are eyeing a second day of losses as investors rethink the outlook for interest rate cuts over the next year.

U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation on future returns. The Internal Revenue Service detailed the increases in its annual inflation adjustments announced Tuesday. For single taxpayers and married individuals filing separately in tax year 2025, the standard deduction is rising to $15,000 — up $400 from 2024.

Fuel prices, which had soared after Russia’s invasion of Ukraine, have dropped to their lowest level since February.

A new report showing a rise in retail sales in September indicates that consumer spending, a key engine of economic growth, remains robust.

(Bloomberg) -- US retail sales strengthened in September by more than forecast in a broad advance, illustrating resilient consumer spending that continues to power the economy.Most Read from BloombergInside the ‘Utopias’ of Mexico CityOne City’s Plan to Re-Link a Neighborhood That Robert Moses DividedHow Mexico City Averted All-Out DroughtChicago Should Consider Furloughs, Higher Booze Tax, Watchdog SaysMexico Seeks to Halve Permitting Time to Attract More FactoriesThe value of retail purchases,

The jobless rate fell to 4% between June and August, official figures show.

A majority of U.S. households with incomes between $30,000 and $130,000 rate their personal financial situations negatively, a new survey from Primerica shows.

Restaurant owners at St. Armands Circle in Sarasota, Florida, were hit hard by Hurricane Helene. One owner is determined to reopen within a matter of weeks.

Wall Street strategists believe there could be further gains ahead for the S&P 500 as the bull market enters its third year.

American Social owner Rick Mijares says thousands are without power and many residents remain displaced in the aftermath of Hurrica

Shelter cost increases cooled on a monthly basis in September, an indication the most stubborn contributor of inflation may finally be giving ground.

Inflation fell in September as gasoline prices declined and housing inflation moderated, according to the consumer price index.

A major shake-up of workers' rights is on its way, but what impact will it have?

Rachel Reeves needs another £16bn to meet pledges, says influential think tank the Institute for Fiscal Studies.

The latest monthly survey from the National Federation of Independent Businesses (NFIB) found small business uncertainty hit a record high in September.

The ruling was the latest instance of legal whiplash for the over 27 million borrowers who could qualify, and yet another blow to the president’s pledge to provide mass student debt relief.

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.

After months of wobbling, a fresh jobs report showed that hiring and wage growth is strong, aligning with other robust economic data.

In recent weeks, reports have shown inflation slowing and the economy growing at a robust clip. The Federal Reserve has also cut interest rates, bringing mortgage rates down.

The September jobs report comes as investors debate whether the labor market is cooling quickly enough that the Federal Reserve will opt for a larger interest rate cut in November.

Any extended rise in energy prices raises the possibility of higher petrol prices and energy bills.

The U.S. private sector's job gains in September beat expectations, with ADP reporting that 143,000 jobs were added last month – more than the 120,000 expected by LSEG economists.

The chancellor says there is a black hold in the public finances. Evan Davis asks how it might be filled.

(Bloomberg) -- Stocks posted small moves and bonds steadied as flaring tensions in the Middle East put markets in a wait-and-see mode. Oil rose and gold hovered near a record. Most Read from BloombergA 7,000-Year-Old City Emerges as a Haven from Dubai’s Sky-High RentsGang Violence Is Moving to the Amazon’s Fast-Growing CitiesA Housing Crisis Brews in Rwanda’s Capital CityNew Rowhouses in London That Offer a Bridge to the 19th CenturyClimate Migrants Stand to Overwhelm World’s MegacitiesWith trad

Former FDIC Chair Sheila Bair analyzes the Fed's interest rate plan after Jerome Powell defended his 50 basis point cut on 'Making Money.'

Heritage Foundation public finance economist E.J. Antoni discusses whether consumer fatigue indicates a recession is coming on 'Making Money.'

Inflation has been slowing for months, which has paved the way for Federal Reserve interest rates cuts.

An inflation measure closely tracked by Federal Reserve policymakers fell in August to 2.2% as inflation continued to trend closer to the central bank's target.

Small business owners Shana Gray, Ryan Sprankle and Rafael Arroyo speak out on the impact of Biden-Harris economic policies ahead of election day.

Piper Sandler managing director and senior economist Jake Oubina analyzes the latest data emerging from the U.S. economy during an appearance on ‘Mornings with Maria.’

RFD-TV's 'The Cow Guy' Scott Shellady analyzes the market's winners and losers, and China's newly released stimulus package.

U.S. consumer confidence declined across all five components of the Consumer Confidence Index in September, resulting in the largest drop in more than three years.

Consumer confidence tumbled in September as workers find it increasingly difficult to find a new job.

Heritage Foundation distinguished fellow and former CKE Restaurants CEO Andy Puzder compares the Trump versus Harris economies and argues that one plan is fiscally better than the other.

Barron’s associate editors Andrew Bary and Al Root and Barron’s senior writer Elizabeth O’Brien discuss several market topics, including luxury stocks and the Boeing strike on ‘Barron’s Roundtable.'

The number of Americans applying for unemployment benefits fell to their lowest level in four months last week. Jobless claims slid by 12,000, to 219,000, for the week of Sept. 14, the Labor Department reported Thursday. Weekly filings for unemployment benefits, considered largely representative of layoffs, had risen moderately since May before this week's decline.

Uncertainty in of itself can make consumers hold off on making any major buying decisions. A perfect example is the uncertainty over who wins the election this November.

The president’s speech on Thursday won’t be a “victory lap,” officials said, but it will celebrate falling inflation and borrowing costs along with solid growth.

The Federal Reserve cut interest rates, signaling that it has won the fight against inflation.

Forbes Media Chairman and editor-in-chief Steve Forbes discusses whether cutting taxes or rates has a bigger impact on the economy on 'The Big Money Show.'

The Federal Reserve has cut its key lending rate by 0.5 percentage points - a larger cut than expected.

FOX Business' Gerri Willis breaks down the impact of the Fed's rate decision on Americans' finances during 'Mornings with Maria.'

Tuesday's retail sales report serves as one of the final economic data points as the Federal Reserve mulls how much it will cut interest rates on Wednesday.

RBC Capital Markets managing director Gerard Cassidy details the beginning of a rate cute 'cycle' and a 'slow' return from inflationary pressures.

When the Federal Reserve meets Wednesday, officials are expected to mark the end of an era as they cut interest rates for the first time in four years.

The former president left many key details about the overtime plan unaddressed, including whether the exception would apply to the payroll taxes that fund Social Security and Medicare.

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.

The stage is set for strong weekly wins after Wall Street's expectations for a 0.5% rate cut by the Fed shot up.

Capitalist Pig hedge fund manager Jonathan Hoenig provides his market outlook and shares his thoughts on a Chicago restaurant offering a $13,000 martini to customers.

Another key indicator is the Misery Index. And right now it’s leaning slightly in Harris’s favor.

Voters are focused on the economy as Election Day on Nov. 5 approaches and American households continue to face strained budgets because of inflationary pressures in recent years.

The paltry CPI report means the Fed will likely only cut interest rates by a quarter percentage point. Wall Street, for whatever reason, isn't cheery.

Consumer prices in the US rose 2.5% over the 12 months to August, the slowest pace since February 2021.