States with the happiest frontline employees — and those with the unhappiest
EJ Antoni, public finance economist at the Heritage Foundation, joins The Bottom Line to discuss April’s jobs report and labor force participation rate, which came in below economists’ expectations. Labor shortages in the US are still leaving many people shouldering extra burdens and working menial jobs, but how happy employees feel at the end of […]
Buying a house just got more expensive for Americans
ResiClub co-founder and editor-in-chief Lance Lambert talks about the US housing affordability crisis on “Making Money.” The cost of buying a new home has reached a new record, despite mortgage rates falling to their lowest in three months, according to a new report. Investigation result Redfin In the four weeks ending June 9, the median […]
More Americans lost their homes in May as foreclosures move higher
Real estate agent Kirsten Jordan breaks down the challenges homebuyers face and shares her predictions for the housing market in “Cavuto: Coast to Coast.” Home foreclosures rose again in May as Americans continue to foreclose Cost of living crisis. That’s according to a new report from real estate data provider ATTOM, which found that there […]
California’s $20 minimum wage led to fast food price hikes, lower foot traffic, study shows
CABIA President Tom Manzo appeared on Fox & Friends to discuss how the minimum wage increase is affecting the fast food industry at a time when thousands of people are out of work. California’s new $20 minimum wage for fast-food workers has already caused prices to rise and customer traffic to drop at restaurants since […]
US weekly jobless claims unexpectedly spike to 10-month high
“Mornings with Maria” panelists react to the better-than-expected December jobs report and detail the likely impact on the labor market and the U.S. economy. How many Americans are applying? Unemployment benefits It unexpectedly jumped to a 10-month high last week, the latest sign that the labor market is starting to cool on the back of […]
Wholesale inflation cools more than expected in May
Gabriela Santos, chief market strategist at JPMorgan Asset Management, analyzes the Federal Reserve’s interest rate decision on “The Craman Countdown.” Wholesale inflation eased more than expected in May, the latest sign that price pressures in the U.S. economy are easing. The Labor Department said Thursday that the producer price index Wholesale inflation Retail prices before […]
What sky-high borrowing costs mean for you and your money
Gabriela Santos, chief market strategist at JPMorgan Asset Management, analyzes the Fed’s decision-making on “Clamant Countdown.” The Federal Reserve signaled at the end of its two-day meeting on Wednesday that interest rates will remain high for some time and that Americans will be forced to adjust to the reality that borrowing money is much more […]
Waffle House will raise wages for tipped workers amid labor advocacy efforts
See what’s clicking on FoxBusiness.com Popular fast-food chain Waffle House is raising wages for its more than 40,000 employees, a move that comes after a year of persistent pressure from labor unions. Waffle House CEO Joe Rogers III spoke to employees in a video announcement, announcing that starting this month, base wages will rise to […]
May inflation breakdown: Where are prices rising the fastest?
Jack Otter and Barron’s Roundtable senior writer Nicholas Jasinski discuss why interest rate cuts are unlikely in 2024. Inflation’s grip on the U.S. economy eased in May, but soaring rent costs kept prices painfully high for millions of Americans. The Department of Labour said on Wednesday that the Consumer Price Index, a broad gauge of […]
How it started… how it’s going: Cost of living still way up compared to pre-Biden norm
“The Big Money Show” co-hosts Brian Bremberg and Taylor Riggs discuss inflation in the US, the Federal Reserve’s monetary policy decisions, student loan benefits and why the majority of Trump voters are prioritizing family. President Biden President Trump welcomed Wednesday’s inflation report that showed lower-than-expected price growth in May, but said the cost of living […]