The February jobs report revealed a loss of 92,000 jobs, but according to RedBalloon CEO Andrew Crapuchettes, the real economic rot isn’t just in the numbers — it’s in the technology. Crapuchettes warns that an invisible layoff is occurring as artificial intelligence algorithms effectively delete qualified American workers from the…

This story about the February 2026 jobs report is developing and will be updated with more details. The U.S. economy shed jobs unexpectedly in February as employers pulled back to start 2026 amid economic uncertainty.What are the key findings of the February 2026 jobs report? The Labor Department on Wednesday…

Chevron is sounding a dire alarm, warning California Gov. Gavin Newsom and state regulators that newly proposed “cap-and-invest” amendments are a death knell for California’s remaining refineries. The energy giant warns the move will kill more than half a million jobs, threaten national security and spike gas prices by more…

EXCLUSIVE: New York and California are no longer just losing residents — they are losing an entire economic class. As 2026 kicks off a fresh wave of “tax the rich” rhetoric in traditional financial hubs, top Florida developers tell Fox News Digital they are seeing a massive, permanent surge in…

Mortgage rates ticked higher to 6% this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 6% from last week’s reading of 5.98%. The average rate on a 30-year loan was 6.63%…

Amazon is continuing its workforce reductions, cutting at least 100 white-collar jobs in its robotics unit this week, according to a new report. The affected division designs robots and other automation systems used primarily in Amazon warehouses, two people familiar with the matter told Reuters.”We regularly review our organizations to…

Layoffs eased in February as new data showed that U.S. employers announced fewer job cuts last month after they were elevated to start the year, new data shows. U.S. employers announced 48,307 job cuts in February, according to a report by global outplacement and executive coaching firm Challenger, Gray & Christmas.…

Interior Secretary Doug Burgum told FOX Business in an exclusive interview from Venezuela on Wednesday that the relationship between the U.S. and the South American country is moving at “Trump speed,” as their new energy partnership is on track to a “golden age of abundance.” Burgum told FOX Business that…

The judge in the bellwether social media trial in Los Angeles barred Meta’s defense from introducing a document where the plaintiff said she had suffered “sexual abuse during childhood.” The exchange happened after the jury and plaintiff’s witness, psychiatrist Dr. Kara Bagot, were dismissed for the day. Meta lawyer Paul…

The U.S. is reportedly considering asking China to curb its purchases of oil from America’s adversaries, like Iran and Russia, ahead of President Donald Trump’s trip to Beijing at the end of the month. The Wall Street Journal reported that Treasury Secretary Scott Bessent is weighing whether to raise the issue of…