Stock market sinks more than 1,100 points on Monday
The Dow Jones Industrial Average pulled back more than 1,100 points and the Nasdaq composite slid 5.7%. That followed a 12.4% plunge in Japan's Nikkei 225, for its worst day since 1987.
The Dow Jones Industrial Average pulled back more than 1,100 points and the Nasdaq composite slid 5.7%. That followed a 12.4% plunge in Japan's Nikkei 225, for its worst day since 1987.
Recession fears grow as markets continue in the deep red
U.S. stocks saw their third-straight trading day of heavy declines as recession fears continued to mount and Wall Street abandoned a popular trade that had helped counter high interest rates.
U.S. stocks saw their third-straight trading day of heavy declines as recession fears continued to mount and Wall Street abandoned a popular trade that had helped counter high interest rates.
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.
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.
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).
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.
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.
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.
Largest-ever COVID vaccine study links shot to small increase in heart, brain conditions
"The odds of all of these adverse events are still much, much higher when infected with SARS-CoV-2 (COVID-19), so getting vaccinated is still by far the safer choice," one doctor noted.
"The odds of all of these adverse events are still much, much higher when infected with SARS-CoV-2 (COVID-19), so getting vaccinated is still by far the safer choice," one doctor noted.
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.
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.
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.
RSV slows, but flu and COVID-19 cases are soaring
A surge in flu and COVID-19 illnesses has led to tens of thousands of hospitalizations near the end of 2023, the CDC reported in new data.
A surge in flu and COVID-19 illnesses has led to tens of thousands of hospitalizations near the end of 2023, the CDC reported in new data.
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.
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.
Florida dog with severely matted fur gets life-changing spa day
Loretta's fur was so matted she could not walk on her own.
Loretta's fur was so matted she could not walk on her own.
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
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
Family rescues pig stranded 2 miles offshore in Hawaii
The rescue operation lasted nearly an hour.
The rescue operation lasted nearly an hour.
Schools' pandemic spending boosted tech, but evidence lacks showing student benefit
School systems spent tens of millions of dollars in pandemic money on education technology, including apps, games and tutoring websites. Schools, however, have little or no evidence the programs helped students.
School systems spent tens of millions of dollars in pandemic money on education technology, including apps, games and tutoring websites. Schools, however, have little or no evidence the programs helped students.
Sign-up for more free COVID tests begins today. Here’s how to order
The U.S. government is replenishing its stockpile with millions of new at-home COVID tests. Here’s how to order yours for free.
The U.S. government is replenishing its stockpile with millions of new at-home COVID tests. Here’s how to order yours for free.
Biden has received the updated COVID-19 vaccine, White House says
The White House says President Joe Biden has gotten the updated COVID-19 vaccine and the annual flu shot, and that he was also recently vaccinated against RSV.
The White House says President Joe Biden has gotten the updated COVID-19 vaccine and the annual flu shot, and that he was also recently vaccinated against RSV.
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.
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.
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.