Economy - Page 6

American factories expanded at their fastest pace in nearly four years in March, shrugging off a war-driven surge in input costs that has dominated headlines but failed to dent the sector’s momentum.

TV series and movies both are being produced in far fewer numbers in California, leaving employees and actors without work.

President Donald Trump oversaw record levels of domestic energy production in 2025, including close to a billion barrels of offshore oil, according to the Department of the Interior.

A federal judge has effectively halted construction of President Donald Trump’s White House ballroom construction project.

Perplexity AI CEO Aravind Srinivas is drawing widespread criticism after suggesting that workers should welcome being replaced by AI because most people dislike their jobs anyway.

The Trump administration has proposed a rule that would allow 401(k) retirement plans to more easily include alternative assets such as cryptocurrency, real estate, and private market assets.

AI company Anthropic has accidentally exposed the source code for its widely-used coding assistant Claude Code, marking the second significant data leak to affect the company in less than a week.

American consumers came roaring back in February, with retail sales beating expectations across the board and snapping a two-month streak of disappointing readings.

Software giant Oracle stunned thousands of workers across the globe Tuesday by notifying them of their termination via email sent at 6:00 a.m. The layoffs are designed to free up cash for the company’s aggressive AI expansion.

Private employers added 62,000 jobs in March, blowing past the 40,000 gain economists had forecast, according to the ADP National Employment Report released Wednesday.

A CNN poll released on Wednesday that Americans’ approval of President Donald Trump’s handling of the economy has hit a record low.

The Commodity Futures Trading Commission (CFTC) is moving rapidly to deliver a new Golden Age for America’s financial markets.

Majorities of Republicans, Democrats, and swing-voters agree the Democratic Party wants open borders, according to a poll of 2,009 registered voters by Harvard Harris.

On Tuesday’s broadcast of Bloomberg’s “Balance of Power,” California Attorney General Rob Bonta (D) opposed attempts by the Trump administration to reopen a pipeline in the state by saying that there is not a national energy emergency and also saying

President Donald Trump announced that his administration was looking into how insurance companies handled claims related to the 2025 Los Angeles-area wildfires.

The JOLTS report looks less like a labor market losing steam than one settling into full employment in a country where the labor force has stopped growing rapidly.

The Houthi insurgents of Yemen appear to have joined the Iran conflict on behalf of their arms dealers and paymasters in Tehran by launching missiles and drones at Israel on Saturday.

Australia’s online safety regulator has launched formal investigations into Mark Zuckerberg’s Meta, Snap, TikTok and Google’s YouTube amid concerns the tech giants may be failing to comply with the country’s landmark social media ban for children under 16 years old.

Clients of China’s vast Belt and Road Initiative (BRI) are asking Beijing for help with spiking energy costs due to the Iran conflict, but so far China has reportedly offered little assistance, instead shutting down fuel exports to conserve its own energy stockpiles and protect its own economy.

Delaware Court of Chancery Judge Kathaleen McCormick announced Monday that she is reassigning cases involving Elon Musk to other judges following accusations of bias from the Tesla CEO’s legal team.

A new nationwide survey by Quinnipiac reveals that a majority of Americans are now using AI tools even as their concerns about the technology’s impact on employment and their skepticism toward AI-generated information have reached unprecedented levels.

American consumers shrugged off the Iran war and rising gas prices in March, pushing the Conference Board’s Consumer Confidence Index up to 91.8 from 91.0 in February — well above the 87.9 reading economists surveyed by Bloomberg had expected. It

The White House said Monday that President Donald Trump is urging lawmakers to come back from their paid recess and work on funding the Department of Homeland Security (DHS).

Breitbart News tech editor Colin Madine explained “the single largest threat to the conservative movement” posed by AI as part of a recent presentation to EmpowerU America.

Fed Chair Jerome Powell said that the Fed is inclined to look past the energy shock stemming from the war in Iran.

New York City’s job growth has stalled for six years, despite many welfare workers getting hired to support its massive inflow of migrants.

The United States is in danger of becoming dependent on China for essential nitrile butadiene rubber (NBR) gloves, prompting Blue Star NBR CEO Scott Maier to call on President Donald Trump to help give the critical industry a fighting chance to continue American production.

Speaking to undergraduate economics students at Harvard University, Powell said the standard central-banking response to energy shocks is to wait them out rather than react with policy changes.

Car dealers face heightened regulatory scrutiny as the FTC has declared advertising vehicles that are unavailable for purchase to be illegal, prompting industry experts to recommend swift removal of sold vehicle listings within 24 hours.

Sam Altman arrived in Los Angeles for Vanity Fair’s Oscar afterparty earlier this month with OpenAI on the verge of licensing its Sora video generation tools to Hollywood studios, only to pull the plug on the project weeks later. According to the Wall Street Journal, Sora proved to be an expensive mistake.

Treasury Secretary Scott Bessent appeared on FNC’s “Fox & Friends” on Monday to lay out the Trump administration’s plan to reopen the Strait of Hormuz.

DoorDash has suspended a delivery driver who posted a viral video claiming he would throw Trump supporters’ food orders “out the fucking window.”

New York City overwhelmingly votes for Democrats, and then, when Democrats act like Democrats, New York City acts surprised and whines and cries over a homeless shelter.  

“A woke AI would be catastrophic to the future of humanity.”  On March 27 those words of warning were posted on X by an anonymous account, C_3C_3 and immediately reposted by Elon Musk. 

Apple is preparing to launch an advertising program within its Maps application as part of an ongoing effort to increase revenue from its services division.