June jobs numbers: 206,000 jobs added
The June jobs report revealed higher than expected job growth, with 206,000 new jobs created. However, a third of those jobs were in the government sector.
Federal reserve minutes indicate possible rate hike
After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their key interest rate, now at a 23-year high.
March jobs report shows 303,000 jobs added last month
The 303,000 jobs added in March brings up the 2024 average to 276,333 jobs per month. That's more than what was seen last year (average of 251,000 jobs) and well above pre-pandemic averages (183,000 from 2010-2019; 125,000 jobs from 1939-2019).
Dow could potentially reach 40K milestone today
Stocks have been rallying, leaving the Dow Industrials just about 250 points away from the 40,000 milestone. Economist, Michael Szanto, joins LiveNOW from FOX to explain how this affects the Fed rate and your wallet.
Powell says rate cuts are likely coming in 2024
Federal Reserve Chair Jerome Powell on Wednesday said policymakers are on track to cut interest rates sometime in 2024, but are not ready to do so until they are confident inflation is tamed.
US economy grows faster than expected last quarter
The U.S. economy grew faster than expected at the end of 2023. Gross domestic product grew by 3.3% in the three-month period from October through December. LiveNOW's Andrew Craft spoke about the health of the economy with Peter C. Earle from AIER.
Inflation climbs faster than expected in December
The Labor Department said that the consumer price index, a broad measure of the price of everyday goods including gasoline, groceries and rent, rose 0.3% in December from the previous month, more than expected.
Government offering more free COVID-19 tests for home delivery through the mail
The new release of free COVID-19 nasal swab tests comes ahead of the first winter since the pandemic started that insurers are no longer required to cover the cost of them.
Expert weighs in on 'mediocre' October jobs report
U.S. job growth slowed more than expected in October, a sign the labor market is finally softening in the face of higher interest rates, stubborn inflation and other economic uncertainties. LiveNOW's Andrew Craft spoke about the jobs report with Jason Sorens from AIER. More LiveNOW from FOX streaming video
IRS to pause accepting claims for COVID-era tax credit amid fraudulent claims
The tax credit, called the Employee Retention Credit, was created to help small businesses keep paying their employees during the pandemic if they were suspended from operating.
Fauci predicts mask recommendations could come back if US sees 'significant uptick' in COVID-19 cases
Dr. Anthony Fauci said that while he does not foresee a federal mask mandate in the future, recommendations are likely if COVID-19 cases rise this winter.
Anthony Fauci ‘concerned’ people won’t comply if masking recommendations return: 'I hope' they 'abide'
Former White House chief medical adviser Anthony Fauci spoke out in defense of masking amid rising COVID cases, saying he is concerned people will not abide by recommendations.
China won't require COVID-19 tests for incoming travelers as country reopens
Foreign Ministry spokesperson Wang Wenbin announced the change at a briefing in Beijing on Monday.
COVID-19 took a toll on heart health as doctors still determine how to help
Research showed that up to a year after a bout of COVID-19, some people can develop problems ranging from blood clots to irregular heartbeats to a heart attack.
Fed hikes interest rates by quarter point, hints at more increases
LiveNOW's Andrew Craft spoke with Dan Varroney, from Potomac Core Association Consulting, about the latest rate hike by the Federal Reserve and what it means for everyday Americans. More LiveNOW from FOX streaming video
Fed Reserve hikes interest rates to 22-year-high
LiveNOW's Andy Mac spoke with David Ragland, financial planner and CEO of IRC Wealth Management, about what the rate hike means for the consumers and the economy. More LiveNOW from FOX streaming video
UPS reaches tentative deal, likely averting strike
The United Parcel Service (UPS) and the Teamsters announced that the two sides reached a tentative agreement on a new contract that will avert the threat of a strike beginning in August. The current collective bargaining agreement – which is the largest private sector deal in North America – is set to expire on July 31, and union members were poised to begin a strike on August 1 if the two sides were unable to reach an agreement. More LiveNOW from FOX streaming video
Long haul strike possible as actors picket
Striking actors say they are preparing to continue the dispute with Hollywood movie studios as their strike continues into its second week. California Assemblymember Ash Kalra says the latest studio proposals don't go far enough. He spoke to LiveNOW from FOX about the latest issues.
Billions of dollars in COVID-19 relief aid stolen or wasted, investigation reveals
The investigation uncovers a pattern of fraudulent activities, embezzlement, and mismanagement of funds that have plagued COVID-19 relief efforts worldwide.
Biden delivers remarks on debt ceiling bill
President Biden addressed the nation from the oval office on the debt ceiling bill. Biden said the passage of the bill "averted an economic crisis and an economic collapse." More LiveNOW from FOX streaming video