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Economy

American Airlines flight

U.S. airline fuel expenses up 78% in April despite using less fuel than last year

By Kevin Killough

Economy

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oil

Blockades of Strait of Hormuz push U.S. exports up in April as trade deficit shrinks

The combined increases in exports and imports resulted in the trade deficit shrinking to $55.9 billion, a dip of 1.2% over the previous month.

Economy

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jobs

US economy added 172K jobs in May, far exceeding Wall Street expectations

The unemployment rate for May remained at 4.3%.

Economy

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SpaceX

SpaceX plans to raise $75 billion in its IPO, which could make Elon Musk world's first trillionaire

A $1.77 trillion valuation of SpaceX would boost Musk's worth to an estimated $1.05 trillion.

Phillip Patrick: inflation reports aren't looking good

U.S. on track to reach debt limit on Thursday

Can the government help the pursuit of the American dream?

Monica Crowley calls economy the "paramount issue" for Americans heading into 2024

US unemployment rate for March 3.6%, essential unchanged from previous month

Nearly 20 million U.S. households are behind on utility payments

Presidential Historian Craig Shirley: ‘Bidenomics’ versus ‘Reaganomics’

Brandon Arnold: Spike in credit card debt could have ‘cascading' effect on the economy

Apple slows iPhone 14 manufacturing due to low demand

Federal Reserve anticipates ongoing rate hikes

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