Labor Department reports 139,000 jobs added in May
In May, job growth in the U.S. economy slowed compared to the previous two months. This slowdown reflects employer concerns coming from uncertainty surrounding future trade, tax, and monetary policies. LiveNOW’s Andrew Craft is speaking to Brit Morse from Fortune Magazine as the unemployment rate of 4.2% remained unchanged from the past two months.
In May, job growth in the U.S. economy slowed compared to the previous two months. This slowdown reflects employer concerns coming from uncertainty surrounding future trade, tax, and monetary policies. LiveNOW’s Andrew Craft is speaking to Brit Morse from Fortune Magazine as the unemployment rate of 4.2% remained unchanged from the past two months.
US layoffs spike nearly 50% as DOGE-driven cuts take center stage
Employers have announced nearly 80,000 planned hires in 2025 so far, though that's a historically low pace compared with recent years.
Employers have announced nearly 80,000 planned hires in 2025 so far, though that's a historically low pace compared with recent years.
How the Trump-Musk fallout is crushing Tesla stock
Tesla shares suffered their worst two-day plunge since 2021 amid President Donald Trump and Elon Musk's very-public feud.
Tesla shares suffered their worst two-day plunge since 2021 amid President Donald Trump and Elon Musk's very-public feud.
Buy now, pay later under scrutiny as Klarna reports rising defaults
Klarna says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high. Here’s what’s behind the trend and what it means for financial health.
Klarna says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high. Here’s what’s behind the trend and what it means for financial health.
Airline, aerospace industries warn Trump tariffs could risk air safety, supply chains
Airline and aerospace groups warned that President Donald Trump’s tariffs on planes, engines and parts could increase ticket prices, harm the supply chain and threaten aviation safety.
Airline and aerospace groups warned that President Donald Trump’s tariffs on planes, engines and parts could increase ticket prices, harm the supply chain and threaten aviation safety.
Costco confirms testing of 'scan-and-go' checkout technology to speed up long lines
The technology testing aims to improve shopping experience as competitors Sam's Club and BJ's already offer similar features.
The technology testing aims to improve shopping experience as competitors Sam's Club and BJ's already offer similar features.
Procter & Gamble cutting up to 7,000 jobs amid tariffs, consumer uncertainty
Procter & Gamble, the maker of Tide detergent and Pampers diapers, says it will cut up to 7,000 jobs over the next two years.
Procter & Gamble, the maker of Tide detergent and Pampers diapers, says it will cut up to 7,000 jobs over the next two years.
Retirement account balances dip in 1st quarter, but savers keep contributing
Fidelity analysis shows combined employee, employer savings rate at 14.3%, near suggested target.
Fidelity analysis shows combined employee, employer savings rate at 14.3%, near suggested target.
Subway owner buys chicken chain
A popular new chicken chain says it has been acquired by a private equity firm that also owns Subway.
A popular new chicken chain says it has been acquired by a private equity firm that also owns Subway.
Tipping culture is "out of control," more Americans say in annual poll
Tip creep? A majority of U.S. adults said they have a negative view of tipping, according to a 2025 survey. Here's who typically gets the most – and least – tips.
Tip creep? A majority of U.S. adults said they have a negative view of tipping, according to a 2025 survey. Here's who typically gets the most – and least – tips.
Costco sees record fuel sales after extending gas station hours
The mega retailer reported two record sales weeks in the U.S. with longer gas station hours and new locations.
The mega retailer reported two record sales weeks in the U.S. with longer gas station hours and new locations.
Disney cuts hundreds of TV and film jobs amid streaming expansion
The layoffs affect marketing, casting and corporate operations as Disney expands ESPN's streaming platform.
The layoffs affect marketing, casting and corporate operations as Disney expands ESPN's streaming platform.
Price of eggs has dropped 61% since Trump took office, data shows
Egg prices in the United States plunged from all-time highs amid bird flu losses and increased imports.
Egg prices in the United States plunged from all-time highs amid bird flu losses and increased imports.
Trump says he's going to double tariffs on foreign steel
The president’s rally took place in Pennsylvania on Friday to celebrate a potential deal for Japan-based Nippon Steel to invest in U.S. Steel.
The president’s rally took place in Pennsylvania on Friday to celebrate a potential deal for Japan-based Nippon Steel to invest in U.S. Steel.
Trump tariffs reinstated after appeals court ruling
Politico's Ari Hawkins joins LiveNOW's Christina Evans to react to Thursday's appeals court ruling that allows for President Donald Trump's sweeping tariffs to remain in effect.
Politico's Ari Hawkins joins LiveNOW's Christina Evans to react to Thursday's appeals court ruling that allows for President Donald Trump's sweeping tariffs to remain in effect.
Appeals court allows Trump tariffs to remain
The American Institute for Economic Research's Lydia Mashburn Newman joins LiveNOW's Andrew Craft to discuss the latest legal fight as it relates to President Trump's global tariffs.
The American Institute for Economic Research's Lydia Mashburn Newman joins LiveNOW's Andrew Craft to discuss the latest legal fight as it relates to President Trump's global tariffs.
Victoria's Secret shuts down website following 'security incident'
The cause of the incident is unknown as the lingerie retail chain says they are taking steps to manage the situation.
The cause of the incident is unknown as the lingerie retail chain says they are taking steps to manage the situation.
Joann, the fabric and crafts chain, to close all remaining stores this week
More than 440 Joann locations are closing by May 31. Others have already closed.
More than 440 Joann locations are closing by May 31. Others have already closed.
Federal trade court blocks Trump's tariffs
The Court of International Trade on Wednesday blocked President Donald Trump from imposing sweeping tariffs on imports under the International Emergency Economic Powers Act.
The Court of International Trade on Wednesday blocked President Donald Trump from imposing sweeping tariffs on imports under the International Emergency Economic Powers Act.
Macy's profit and sales slip impacting profit forecast for 2025
The retail giant saw a dip in its sales during the first quarter as it grapples with tariffs and consumers cutting back on spending.
The retail giant saw a dip in its sales during the first quarter as it grapples with tariffs and consumers cutting back on spending.