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Economy

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.

Official estimate puts a $400B price tag on Biden's loan forgiveness plan

Nick Hopwood on the negative ripple effects another Fed. rate increase would bring on the economy

Secretary Yellen warns US will hit debt limit next week

Stocks rise after Fed hikes rates

Fmr. US Trade Representative Robert Lighthizer: 'There is nothing conservative about free trade'

Biden says he’s not concerned about debt ceiling negotiations

US debt will spike to record high by 2029, despite debt ceiling deal

Tim Stewart: Automakers are building EVs for consumers who don’t want them

‘We have a trust problem’: Amber Duke explains key factors leading to layoffs in mainstream media

Economic expert hammers free market policies after government shutdown

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