Nike to cut 1,400 jobs, the 2nd round of layoffs this year
Nike is laying off about 1,400 employees, as it responds to restructuring efforts. Here's what to know.
Nike is laying off about 1,400 employees, as it responds to restructuring efforts. Here's what to know.
Almost half of Americans say economy is in bad shape and getting worse, survey shows
Americans confidence in the economy has plunged based on findings in a new poll, with the widespread pessimism driven in part by soaring gas prices and the U.S.-Iran conflict.
Americans confidence in the economy has plunged based on findings in a new poll, with the widespread pessimism driven in part by soaring gas prices and the U.S.-Iran conflict.
United Airlines ticket prices may increase amid surging jet fuel costs, company says
United Airlines said ticket prices could rise 15%–20% due to surging jet fuel costs.
United Airlines said ticket prices could rise 15%–20% due to surging jet fuel costs.
Here's where gas prices are highest and lowest in the US
Gas prices are climbing fast across the U.S., hitting every driver’s wallet. Here’s where it is most – and least – expensive.
Gas prices are climbing fast across the U.S., hitting every driver’s wallet. Here’s where it is most – and least – expensive.
Apple CEO Tim Cook confirms he will step down
We are hearing reports that Apple insider John Ternus has been named the next CEO of the tech giant as Tim Cook ends a nearly 15-year reign leading the iPhone maker. A long-time hardware chief, Ternus joined Apple in 2001 and has recently been responsible for overseeing the company's hardware engineering efforts. Tim Cook is stepping down from the job that he inherited from the late Steve Jobs.
We are hearing reports that Apple insider John Ternus has been named the next CEO of the tech giant as Tim Cook ends a nearly 15-year reign leading the iPhone maker. A long-time hardware chief, Ternus joined Apple in 2001 and has recently been responsible for overseeing the company's hardware engineering efforts. Tim Cook is stepping down from the job that he inherited from the late Steve Jobs.
Here's where gas prices have increased the most in US
Gas prices are spiking nationwide, with sharp increases hitting every state over the past year. New data reveals where drivers are feeling the biggest jumps.
Gas prices are spiking nationwide, with sharp increases hitting every state over the past year. New data reveals where drivers are feeling the biggest jumps.
Meta plans to slash roughly 8,000 jobs next month: report
According to a report, Meta is preparing to cut thousands of jobs as early as next month, with more layoffs expected later this year. Here's what to know.
According to a report, Meta is preparing to cut thousands of jobs as early as next month, with more layoffs expected later this year. Here's what to know.
$50 billion in oil lost in 50 days of Iran war, analysis finds
The war in Iran has shaken up financial markets and the oil industry, so much so that an estimated $50 billion in oil has not been produced globally since the war began, according to a Reuters analysis.
The war in Iran has shaken up financial markets and the oil industry, so much so that an estimated $50 billion in oil has not been produced globally since the war began, according to a Reuters analysis.
Beyond the IRS: See who pays the most in state income and other taxes
Americans coast-to-coast filed their taxes this week. While the IRS dominated many of the headlines, most people were also filling out forms for their state as well.
Americans coast-to-coast filed their taxes this week. While the IRS dominated many of the headlines, most people were also filling out forms for their state as well.
Restaurant chain 801 Chophouse files for bankruptcy
The parent company of the high-end steakhouse restaurant chain filed for bankruptcy sparking concerns about the future of some locations nationwide.
The parent company of the high-end steakhouse restaurant chain filed for bankruptcy sparking concerns about the future of some locations nationwide.
Global economic growth impacted amid Iran war
Nationwide, average gas prices have climbed by over a dollar per gallon since the start of conflict between the United States and Iran. According to experts, these elevated prices are anticipated to continue throughout the summer months. This comes as President Donald Trump says the price of oil might remain high even through the November midterm elections. LiveNOW’s Alexandra Goldberg is speaking with Phil Rosen, the chief market strategist for ProCap Financial, after markets recently reacted to conversations between the U.S. and Iran that took place in Pakistan over the weekend.
Nationwide, average gas prices have climbed by over a dollar per gallon since the start of conflict between the United States and Iran. According to experts, these elevated prices are anticipated to continue throughout the summer months. This comes as President Donald Trump says the price of oil might remain high even through the November midterm elections. LiveNOW’s Alexandra Goldberg is speaking with Phil Rosen, the chief market strategist for ProCap Financial, after markets recently reacted to conversations between the U.S. and Iran that took place in Pakistan over the weekend.
Trump blasts Fed leadership as HQ probe heats up
In an interview with Maria Bartiromo of FOX Business, President Donald Trump said he would challenge Federal Reserve Chairman Jerome Powell over his perceived "incompetence" if Powell does not step down from his post. This comes as officials from the U.S. Attorney's Office for the District of Columbia showed up earlier this week at the Federal Reserve's construction site in Washington, D.C. Reports indicate this was part of an investigation tied to congressional testimony from Chairman Jerome Powell. LiveNOW’s Austin Westfall is speaking with Peter Earle from the American Institute for Economic Research.
In an interview with Maria Bartiromo of FOX Business, President Donald Trump said he would challenge Federal Reserve Chairman Jerome Powell over his perceived "incompetence" if Powell does not step down from his post. This comes as officials from the U.S. Attorney's Office for the District of Columbia showed up earlier this week at the Federal Reserve's construction site in Washington, D.C. Reports indicate this was part of an investigation tied to congressional testimony from Chairman Jerome Powell. LiveNOW’s Austin Westfall is speaking with Peter Earle from the American Institute for Economic Research.
Starbucks, ChatGPT want AI to help pick your next drink
The scene plays out every day in coffeehouses everywhere. A customer reaches the front of the line and immediately cannot decide what to order. There are so many options: maybe just get the usual, maybe a tea, maybe coffee, maybe a Frappuccino, iced or hot… What is that, something new?
The scene plays out every day in coffeehouses everywhere. A customer reaches the front of the line and immediately cannot decide what to order. There are so many options: maybe just get the usual, maybe a tea, maybe coffee, maybe a Frappuccino, iced or hot… What is that, something new?
Gas price spike hits consumers as Iran war continues
LiveNOW’s Mike Pache is speaking with economic strategist, Dan Varroney as average gas prices nationwide are up more than $1 per gallon since the war in Iran began at the end of February. According to experts, prices at the pump are expected to remain high through the summer. This comes as President Donald Trump says a second round of talks between the United States and Iran could happen "over the next two days," according to a recent interview with the New York Post.
LiveNOW’s Mike Pache is speaking with economic strategist, Dan Varroney as average gas prices nationwide are up more than $1 per gallon since the war in Iran began at the end of February. According to experts, prices at the pump are expected to remain high through the summer. This comes as President Donald Trump says a second round of talks between the United States and Iran could happen "over the next two days," according to a recent interview with the New York Post.
White House study says DEI policies cost US economy by promoting unqualified managers
The White House released a study that found diversity, equity and inclusion (DEI) policies hinder productivity by leading to inefficient management that undercuts economic growth.
The White House released a study that found diversity, equity and inclusion (DEI) policies hinder productivity by leading to inefficient management that undercuts economic growth.
New report reveals utilities plan $1.4 trillion in spending that may push higher bills for consumers
A massive surge in infrastructure spending by investor-owned utilities is sparking concerns over a looming financial burden for American households' utility bills, according to analysis in a new report.
A massive surge in infrastructure spending by investor-owned utilities is sparking concerns over a looming financial burden for American households' utility bills, according to analysis in a new report.
Marvel, ESPN impacted in new round of Disney layoffs
Disney announced on Tuesday that the company is eliminating several jobs across the company in a new round of layoffs. A source tells FOX Business that it could include up to 1,000 employees in the film and television divisions.
Disney announced on Tuesday that the company is eliminating several jobs across the company in a new round of layoffs. A source tells FOX Business that it could include up to 1,000 employees in the film and television divisions.
Inflation 2026: Gas prices drove March numbers up to levels not seen in years
The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, shifting the trajectory further away from the Fed’s target.
The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, shifting the trajectory further away from the Fed’s target.
Fuel and fertilizer prices could stay high for ‘a prolonged period,’ IEA head warns
The head of the International Energy Agency issued an ominous warning Monday for anyone looking forward to some relief from high energy prices and their downstream effects.
The head of the International Energy Agency issued an ominous warning Monday for anyone looking forward to some relief from high energy prices and their downstream effects.
Disaster aid approved for seven states, others wait for a decision
Federal disaster relief is starting to flow as the White House approves major disaster declarations for seven states, yet multiple other regions remain in limbo after a series of severe storms and floods dating back to last year.
Federal disaster relief is starting to flow as the White House approves major disaster declarations for seven states, yet multiple other regions remain in limbo after a series of severe storms and floods dating back to last year.