Companies in the private sector added 98,000 jobs in June, payroll processing firm ADP said in its latest report on Wednesday. The figure is below economists’ estimates of a gain of 118,000 jobs and down from the prior month’s unrevised 122,000 payrolls figure.Which industries are hiring the most workers, according…

President Donald Trump on Wednesday announced that fuel prices will be lowered at select gas stations in the Philadelphia area just ahead of the Fourth of July holiday, as he boasted that oil and gas prices are dropping. On Friday, Freedom Fuel Network will be lowering gas prices at 25…

A new Costco warehouse and gas station are one step closer to coming to Downey, California, after city leaders approved a development agreement for the project, though not everyone is convinced the area needs another location. The Downey City Council recently voted to move forward with plans for the new…

Barstool Sports founder Dave Portnoy is keeping the door open to a potential run for New York City mayor as he ramps up criticism of Mayor Zohran Mamdani, arguing the candidate’s economic message and political alliances are cause for concern. He joined FOX Business’ Stuart Varney on “Varney & Co.”…

More than 13,000 air conditioning units were recalled for posing fire and burn hazards, as Americans attempt to stay cool during a heatwave for the Fourth of July weekend. Texas-based Daikin Comfort Technologies Manufacturing, Inc. issued the recall last week for about 13,514 Amana Window-Room-Air-Conditioners and Through the Wall air…

Home listing prices are declining at the fastest pace in at least nine years as sellers adjust to a slower market and look to attract buyers. The national median asking price fell 2.5% in June compared with a year ago, declining to $430,000 based on the latest data from the…

Chinese e-commerce giant Alibaba has agreed to pay $600 million and enter into a non-prosecution agreement with the Department of Justice (DOJ) after admitting it failed to prevent tens of thousands of illegal product sales into the U.S. through its online marketplaces. The DOJ announced Wednesday that Alibaba Group Holding…

Walmart is making its first nuclear power play as the retail giant looks to support its growing footprint in Illinois. The retailer signed a long-term power purchase agreement with Constellation to buy emissions-free electricity from the company’s Dresden Clean Energy Center in Illinois, the companies announced on June 23.The agreement…

The Trump administration’s announcement that it doesn’t plan to renew the U.S.-Mexico-Canada Agreement (USMCA) and instead intends to pursue individual trade agreements with its two neighbors. Wednesday marked the sixth year of the USMCA being in effect, a milestone which gave the administration the option of extending the agreement as…

Just about a year after signing the One Big, Beautiful Bill with its major league tax cuts, the stock market is roaring. In this year’s second quarter, the S&P 500 is up 15 percent and the NASDAQ up 21 percent — the best performance in 6 years. The small-cap Russell…