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Economy

UAW strike: President Joe Biden to speak in Michigan in support of union

UAW strike: President Joe Biden to speak in Michigan in support of union

President Joe Biden will visit Michigan on Tuesday to meet with UAW members striking against Detroit's Big Three, according to a report from the Washington Post.

2 days ago
UAW sets new deadline of Sept. 22 for 'serious progress' on Big Three negotiations

UAW sets new deadline of Sept. 22 for 'serious progress' on Big Three negotiations

In a new Facebook video posted Monday, UAW President Shawn Fain said that if “serious progress" is not made, more Locals at plants will be called on to walk out.

6 days ago
Gas prices will inch higher next week before offering drivers relief, experts say

Gas prices will inch higher next week before offering drivers relief, experts say

The 'biggest issue facing the consumer and the economy is the relentless rise in diesel prices,' an industry analyst warned

September 15
Can $750 a month change lives? Fairfax County wants to find out

Can $750 a month change lives? Fairfax County wants to find out

What happens when you give families an extra $750 a month, place no restrictions on how they can spend it, and offer them free financial coaching? 

September 14
Millionaire CEO who said there needs to be higher unemployment to punish 'arrogant' employees, apologizes

Millionaire CEO who said there needs to be higher unemployment to punish 'arrogant' employees, apologizes

Tim Gurner, a multi-millionaire CEO of Gurner Group, a real estate company founded in 2013, said at a conference that COVID-19 created a work culture in which employees' attitudes and work ethic deteriorated.

September 14
Birkenstock says feminism will boost sales for the long term
video

Birkenstock says feminism will boost sales for the long term

Emily Peck from Axios breaks down how feminism has boosted Birkenstock sales.

September 14
Farmers Insurance to layoff 2,400 staff across entire business

Farmers Insurance to layoff 2,400 staff across entire business

The employees getting laid off represent about 11% of the insurance provider's staff.

August 30
Home affordability is the worst it has been in nearly 40 years, study shows

Home affordability is the worst it has been in nearly 40 years, study shows

U.S. home prices recently faced their sharpest rise since November.

August 29
Popular summer vacation destinations across US see uptick in vacancies

Popular summer vacation destinations across US see uptick in vacancies

Vacation hotspots across the country saw vacancy rates as high as 20% this summer

August 28
Home prices will rise in 2023 as affordability crisis worsens, Goldman says

Home prices will rise in 2023 as affordability crisis worsens, Goldman says

Goldman Sachs projects home prices to climb by 1.8% this year amid housing shortage

August 28
Federal Reserve signals potential interest rate hikes to sustain strong US economy

Federal Reserve signals potential interest rate hikes to sustain strong US economy

The continued strength of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said.

August 26
Survey: Gen Z, millennial couples say it's too expensive to get married

Survey: Gen Z, millennial couples say it's too expensive to get married

More Gen Z and millennials are saying “I do…not."

August 22
Here's how much workers are demanding to start a new job

Here's how much workers are demanding to start a new job

The lowest wage that American workers are willing to take in order to accept a new job has hit a record high this year, survey results show.

August 22
Americans burning through excess savings from the pandemic, SF Fed study says

Americans burning through excess savings from the pandemic, SF Fed study says

Americans are burning through the excess savings they accumulated during the COVID-19 pandemic thanks to a big burst of stimulus money from the federal government and limited spending.

August 19
Homebuilder sentiment plummets as mortgage rates surge again

Homebuilder sentiment plummets as mortgage rates surge again

Builder confidence unexpectedly dropped for first time this year.

August 16
Inflation forcing Americans to spend $709 more per month than 2 years ago: economist

Inflation forcing Americans to spend $709 more per month than 2 years ago: economist

Inflation has created financial pressures for most U.S. households and forced them to pay more for daily necessities like food and rent.

August 14
Layoffs begin in the film industry as Hollywood strikes continue

Layoffs begin in the film industry as Hollywood strikes continue

Some businesses haven't had a customer in months, while other companies are concerned about bankruptcy if the strikes continue.

August 10
US inflation has cooled, but getting it down to the Fed's target rate will be the toughest mile

US inflation has cooled, but getting it down to the Fed's target rate will be the toughest mile

Squeezing out the last bit of excess inflation and reducing it to the Federal Reserve's 2% target rate is expected to be a much harder and slower grind.

August 8
Is not having a 401(k) as a benefit becoming a deal breaker for new hires?

Is not having a 401(k) as a benefit becoming a deal breaker for new hires?

A 401(k) is usually workers’ first experience with investing, expert says

August 7
The US government's debt has been downgraded. Here's what you need to know

The US government's debt has been downgraded. Here's what you need to know

The downgrade may have little impact on financial markets long-term or on the interest rates the U.S. government will pay.

August 3
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Just In...

Sam Howell throws 4 interceptions and is sacked 9 times in the Commanders’ 37-3 loss to the Bills

Sam Howell throws 4 interceptions and is sacked 9 times in the Commanders’ 37-3 loss to the Bills

Suspect charged after woman found dead in truck at Costco distribution center in Frederick County

Suspect charged after woman found dead in truck at Costco distribution center in Frederick County

1 killed, 3 injured in Northeast DC nightclub shooting: police

1 killed, 3 injured in Northeast DC nightclub shooting: police

DC police ask for help identifying toddler found wandering in Southeast

DC police ask for help identifying toddler found wandering in Southeast

Police searching for Mini-Cooper involved in deadly hit and run on I-495 in Prince George’s County

Police searching for Mini-Cooper involved in deadly hit and run on I-495 in Prince George’s County

Trending

"This is going to be fun:" Kenneth Moton joins FOX 5 DC as evening anchor

"This is going to be fun:" Kenneth Moton joins FOX 5 DC as evening anchor

Teen accused of fatally shooting DuVal High School student denied bail

Teen accused of fatally shooting DuVal High School student denied bail

'We know he’s not doing it on his own': DC police warn anyone helping fugitive Christopher Haynes

'We know he’s not doing it on his own': DC police warn anyone helping fugitive Christopher Haynes

DuVal HS student brutally killed while breaking up fight after school remembered at funeral service

DuVal HS student brutally killed while breaking up fight after school remembered at funeral service

DC man faces 55 years in jail after pistol-whipping man, shooting another during fight at restaurant

DC man faces 55 years in jail after pistol-whipping man, shooting another during fight at restaurant

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