Economics

Wall Street took another slide on Wednesday, just two days into the new quarter, as disappointing employment data and a contraction in manufacturing activity fueled fears of a recession. The Dow Jones Industrial Average dropped […]

The gap between the haves and have-nots in the United States grew last year to its highest level in more than 50 years of tracking income inequality, according to Census Bureau figures. Income inequality in […]

The loss of 5% of world crude oil output from an attack on Saudi Arabia’s largest oil processing plant pushed crude prices sharply higher on Monday. U.S. crude oil was trading 9% higher while Brent […]

Total potential debt for the U.S. by one all-encompassing measure is running close to 2,000% of GDP, according to an analysis that suggests danger but also cautions against reading too much into the level. AB […]

Fox News host Steve Hilton went after former Defense Secretary James Mattisfor getting a job with an advisory firm founded by a former Bill Clinton official, accusing Mattis of “selling out America.” Hilton noted on […]

Many Americans have debt, but many Americans are also hounded for debt they’ve already paid back. Rules around debt collection have made it too easy for collectors to harass Americans and garnish their wages, even […]

The United States is now ranked among the world’s worst places to move to, due to rapidly increasing costs of living, health care and basic education. A new survey released this week of more than […]

WASHINGTON (AP) — U.S. employers added a modest 130,000 jobs in August, a sign that hiring has slowed but remains durable amid economic weakness and President Donald Trump’s trade war with China. The job gain […]

U.S. consumer confidence declined in August by less than forecast as Americans’ assessment of current conditions climbed to the highest level in almost 19 years, helped by a job market that remains robust. The Conference […]

White House economic adviser Larry Kudlow asserted President Trump’s threat to block trade between private Americans businesses and China, saying he has “emergency economic power authority” to do so. “Do you believe that the president […]