Business

US economy added 172,000 jobs in May, beating expectations

The U.S. economy added jobs at a modest pace in May amid uncertainty surrounding the impact of conflict in the Middle East on the labor market. What are the key findings of the May 2026 jobs report?The Bureau of Labor Statistics on Friday reported that employers added 172,000 jobs in May.…

LARRY KUDLOW: Iran doesn’t have a War Powers Act

Not being a lawyer, I don’t know if the House passage yesterday to end the war in Iran is constitutional or not. And if it ever passes the Senate, President Trump will veto it, and he’ll be right to do so.  Here’s what I do know: it’s stupid. It’s also…

California loses Fortune 500 crown to Texas as billionaire tax threat looms

A shifting economic landscape has culminated in Texas, dethroning California as the nation’s premier hub for Fortune 500 companies. Data from the 2026 Fortune 500 list show Texas leading with 57 headquarters, compared with California’s 56, marking a reversal from two years ago, when California held the lead.Additionally, corporations in…