Business
The Department of Transportation (DOT) is halting funding for two of New York City’s biggest infrastructure projects — the Hudson Tunnel and the Second Avenue Subway — freezing nearly $18 billion in federal money. Vice President JD Vance, pressed on the impact of funding cuts to New York City, defended…
New York City’s suburban housing markets are reportedly seeing a surge in demand as the mayoral race heads toward the Nov. 4 election, with Democratic Socialist Zohran Mamdani leading in the polls. Mamdani’s housing platform — which includes a rent freeze and higher taxes on top earners — reportedly has…
Beef prices are at a record high in the wake of a drought that left cattle inventory at the lowest level in 70 years amid strong demand, resulting in price increases for steak and ground beef. The Bureau of Labor Statistics’ consumer price index report for August showed a surge…
The U.S. government collected $31.3 billion in tariff revenue in September, highlighting the scale of President Donald Trump’s tariffs as a steady source of federal income. That total was $73 million below the August record, bringing cumulative collections for 2025 to $214.9 billion, according to Treasury Department data released Sept.…
House Speaker Mike Johnson, R-La., said Senate Minority Leader Chuck Schumer, D-N.Y., created a problematic government shutdown for the American people — but the move may have handed President Donald Trump the “keys to the kingdom.” “While a shutdown is very damaging for real American people who depend upon government…
Car shoppers are facing affordability challenges in the market for new vehicles despite average down payments dipping to nearly the lowest level in four years, according to a new report. An analysis by Edmunds found that the average down payment for new car purchases fell to $6,020 in the third quarter…
As Powerade continues to grow under the BodyArmor Sports Nutrition (BASN) umbrella, they’re now entering the enhanced water sector. Powerade Power Water was launched on Wednesday, a new electrolyte-enhanced, zero sugar flavored water designed for hydration. This marks Powerade’s first product innovation in over five years. Sabrina Niland, Vice President of…
Companies in the private sector lost 32,000 jobs in June, payroll processing firm ADP said Wednesday. The figure is below economists’ estimates of a gain of 50,000 jobs. The prior month’s payrolls number was revised downward to a loss of 3,000 from an initially reported gain of 54,000.”Despite the strong…
On Tuesday, Federal Reserve Bank of Chicago President Austan Goolsbee warned about rising inflation and said it isn’t clear whether tariff-induced price hikes will be a one-off or could pose a more persistent challenge for policymakers if stagflation sets in. Goolsbee spoke with FOX Business’ Edward Lawrence at the Midwest…
A listeria outbreak affecting certain recalled prepared meals sold at Trader Joe’s and Walmart has led to four deaths as well as 19 hospitalizations, according to the Centers for Disease Control and Prevention (CDC). The CDC issued a multi-state recall for ready-to-eat meals containing pasta that may have been contaminated by listeria. The…