Today’s disappointing employment report shows that private sector jobs have been essentially flat over the past three months, while manufacturing employment has actually declined modestly in the last four months. It’s a stall speed jobs report, to use Chris Waller’s phrase, but it’s not a recession report. Business investment in…

PBS informed 34 staffers on Thursday they were being laid off as part of a broader downsizing effort that’s resulted in 100 jobs being cut in recent months. The cuts were triggered in part by the Trump administration’s rescissions package, which slashed over $1 billion in federal funding for public…

Bill Ackman, CEO of New York City-based hedge fund Pershing Square Capital Management, is imploring Eric Adams to drop out of the contentious New York City mayoral race, saying that he doesn’t stand a chance against newcomer Zohran Mamdani.  “It is time for Mayor Adams to step aside,” Ackman posted…

Shares in the manufacturer of Tylenol plunged on Friday following a report that Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. is planning to release a report showing a potential link between the over-the-counter drug and autism. The Wall Street Journal reported that Kennedy’s HHS is expected to release a…

The Labor Department’s August jobs report showed that the number of immigrant workers declined over the last year while job growth among U.S.-born workers accelerated. The Bureau of Labor Statistics (BLS) data for August showed that over the last year the number of employed foreign-born workers – a metric that doesn’t differentiate…

FIRST ON FOX – A powerful new ad campaign by Americans for Free Markets (AFFM) praises President Donald Trump for cracking down on “debanking,” a controversial financial practice that critics say has been politically weaponized. The seven-figure campaign will run beginning this weekend during major college football and NFL games…

Tesla’s board of directors proposed a new compensation plan for CEO Elon Musk worth a potential $1 trillion, marking what would be the largest pay package for an executive in history. The board’s proposal would give Musk, already the richest person in the world, up to 12% of Tesla’s stock,…

Stephen Miran, President Donald Trump’s nominee for the Federal Reserve Board of Governors, could be confirmed in time to take part in the mid-September rate-setting meeting. Fed watchers broadly expect the central bank to cut rates in September after Federal Reserve Chairman Jerome Powell signaled a softer stance on policy…

The U.S. economy added jobs at a slower pace in August amid uncertainty about economic conditions, adding to signs of a weakening labor market. The Labor Department on Friday reported that employers added 22,000 jobs in August, a figure that was well below the 75,000 estimate of economists polled by LSEG.The unemployment…

Rosie O’Donnell’s former home in Miami found its new owner. The 11,104-square-foot home in the luxurious Star Island neighborhood, which once belonged to the comedian, recently sold for $35.3 million, in partnership with Liz Hogan of Compass, who represented both buyer and seller.Originally built in 1923, O’Donnell purchased the home…