President Donald Trump suggests companies report earnings twice yearly instead of quarterly, requiring SEC approval and citing potential cost savings for businesses.
At least eight companies including Nasdaq, MSNBC and Carolina Panthers have fired employees for social media posts mocking Charlie Kirk's assassination.
Trump proposes that foreign companies building ships, computers, and semiconductors should temporarily bring specialists to transfer knowledge to U.S. workers.
Social Security beneficiaries may receive an estimated 2.7% cost of living adjustment (COLA) in 2026, which would raise average monthly benefits by $54 based on recent inflation data.
The CBO said the federal deficit hit $2 trillion in the first 11 months of FY2025, driven by higher Social Security and Medicare costs as well as interest expenses despite tariffs.
The Labor Department inspector general launched a review of BLS economic data collection issues following Trump's firing of the BLS commissioner and massive job revisions.
The average rate on the 30-year fixed mortgage fell this week to 6.35%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.5%.
The Bureau of Labor Statistics released the August consumer price index (CPI), which showed that inflation remained above the Fed's target ahead of the central bank's rate decision.
JPMorgan Chase CEO Jamie Dimon warned of economic uncertainty ahead, citing the delayed impact of tariffs, geopolitical challenges and policy changes under President Donald Trump.
Trump has challenged a court ruling protecting Lisa Cook's Fed position as the Justice Department opens a criminal probe into mortgage application fraud.