Netflix is reportedly cutting about 1,000 jobs worldwide, representing roughly 6% of its workforce, its largest round of layoffs since 2022. The job cuts, first reported by The Wall Street Journal on Wednesday, come less than a week before the streaming giant is scheduled to release its third-quarter financial results…

Marshalls is growing its U.S. footprint, with several new stores slated to open this month. The TJX Companies-owned chain has upcoming openings planned in Massachusetts, New Hampshire, Ohio, Texas, Minnesota and New York, according to the retailer’s website.The next openings are scheduled for Oct. 15, when Marshalls will debut new…

Americans are still spending, but frustration over inflation and borrowing costs is clouding how they feel about the economy, a disconnect the White House says it is trying to understand. White House National Economic Council Director Kevin Hassett joined FOX Business’ Stuart Varney on “Varney & Co.” to discuss why…

Democrats lambasted President Donald Trump while the White House spoke of economic growth following the release of a new Consumer Price Index (CPI) report on Wednesday as Americans continue to suffer the economic consequences of inflation amid the 2026 midterm election cycle. The U.S. Bureau of Labor Statistics noted that…

Crypto titan Michael Saylor predicts bitcoin will surge past $100,000 over the next year to kick off a massive new bull market. The largest cryptocurrency by market capitalization is trading around $81,800, up from about $75,900 a month ago, around the time the Senate failed to advance the Clarity Act…

The head of the Office of the Comptroller of the Currency (OCC) declared Wednesday that his agency uncovered “irrefutable evidence that the nation’s largest banks have denied, debanked and discriminated against customers and lawful businesses,” including over political views. Comptroller of the Currency Jonathan Gould made the remark after the OCC said…

The Social Security Administration on Wednesday announced a 3.6% cost-of-living adjustment (COLA) for 2027. The COLA is determined using the consumer price index for urban wage earners and clerical workers (CPI-W) data for the third quarter of the year, including the months of July, August and September. It aims to…

This story about the September CPI inflation report will be updated with further details. Inflation accelerated in September as the pace of consumer price growth trended higher due to elevated energy prices.The Bureau of Labor Statistics (BLS) said on Wednesday that the consumer price index (CPI) – a broad measure of…

More than 112,000 bottles of Amazon-branded extra-strength acetaminophen are being recalled after consumers reported discolored pills, according to the Food and Drug Administration (FDA). Aurobindo Pharma USA, a New Jersey-based pharmaceutical company, initiated the voluntary recall on Sept. 18, affecting three bottle sizes of Amazon Extra Strength Acetaminophen 500 mg…

CVS has agreed to pay $315 million to resolve Justice Department allegations that the pharmacy chain illegally filled prescriptions for opioids and other controlled substances and sought payment for many of them from Medicare and other federal health care programs. The settlement resolves a case brought by the federal government…