Breaking Economic News on Fox Business Keep track on all things going on with economy with Fox Business. See what is happening in the economy today.
-
Time to ditch AI anxiety — experts say there’s a lot less to fear than we think
on April 11, 2026 at 12:00 pm
Workers face rising AI disruption, but experts say learning new skills can ease fears and unlock job growth as businesses invest billions and new roles continue to emerge.
-
Beware of these tax scams as the filing deadline approaches, Congress warns
on April 10, 2026 at 9:02 pm
Bipartisan congressional leaders warn taxpayers about rising tax season scams, including IRS impersonation and third-party tax preparer fraud schemes.
-
These 8 US housing markets favor buyers
on April 10, 2026 at 6:16 pm
Prospective buyers have leverage in eight metro areas this spring, according to Realtor.com, as listings grow and sellers lower prices nationwide.
-
Inflation surged in March as Iran war’s energy impact hit consumers
on April 10, 2026 at 12:31 pm
The Bureau of Labor Statistics released the latest consumer price index data which showed that CPI inflation surged in March as the Iran war’s imapct took a toll on consumer prices.
-
USPS halts pension contributions after warning of looming cash crisis
on April 9, 2026 at 10:37 pm
USPS is suspending pension contributions to preserve liquidity, and officials warn the agency could run out of cash within a year without major reforms.
-
Property tax burden on Americans climbs as home values dip, new data shows
on April 9, 2026 at 9:14 pm
New data shows the effective property tax rate for single-family homes rose to 0.9% in 2025, the highest level since 2020, squeezing U.S. homeowners.
-
Mortgage rates fall for first time in weeks after US-Iran ceasefire
on April 9, 2026 at 4:23 pm
The average rate on a 30-year fixed mortgage fell this week to 6.37%, according to the latest Freddie Mac data released Thursday. That is down from last week’s reading of 6.46%.
-
Amazon disrupting itself, rebuilding customer shopping experience around AI from ground up
on April 9, 2026 at 3:39 pm
Amazon CEO Andy Jassy says the company will rebuild its retail experience using AI rather than simply adding it to existing systems and products.
-
Is grocery relief a myth? Why coffee and beef prices are erasing your savings at the checkout
on April 9, 2026 at 2:00 pm
Fourteen of the 25 most common grocery staples rose in price over two years, with coffee up 55% and ground beef up 31%, a new CouponFollow report found.
-
US economy grew at 0.5% in fourth quarter
on April 9, 2026 at 12:39 pm
The Commerce Department released its second and final revision for fourth quarter GDP which found the economy grew at a slower pace than was previously reported.
-
Fed’s favored inflation gauge remained elevated in February, delayed report shows
on April 9, 2026 at 12:34 pm
The Commerce Department on Friday released the February 2026 PCE inflation report, which showed the Federal Reserve’s preferred inflation gauge remained stubbornly high for consumers.
-
5 common mistakes that could be costing American taxpayers thousands of dollars every year
on April 9, 2026 at 12:01 pm
From missed deductions to misreported income, a new report outlines five common tax mistakes that could cost American taxpayers thousands of dollars.
-
Fed official says interest rate hike possible as gas prices, inflation remain elevated
on April 8, 2026 at 4:22 pm
Fed’s Beth Hammack warns interest rates could rise if inflation stays elevated, citing uncertainty over the Iran war’s impact on oil and gas prices.
-
US workers increasingly trapped in the ‘Great Detachment’ as hiring slows, report shows
on April 8, 2026 at 4:17 am
A new report reveals a “Great Detachment” among U.S. workers, with declining job optimism and rising disengagement in the current labor market.
-
Used car prices hit their highest level in nearly 3 years as wholesale demand stays strong
on April 7, 2026 at 7:15 pm
Used car prices hit their highest level since summer 2023 as demand stays strong, with the Manheim Used Vehicle Value Index rising 6.2% year over year.
-
Jamie Dimon says New York, other cities face worker ‘exodus’ as lawmakers push higher taxes
on April 7, 2026 at 5:06 pm
JPMorgan Chase CEO Jamie Dimon said that high taxes and regulatory burdens in places like New York City are driving businesses and workers to states like Texas.
-
Lowe’s CEO warns AI can’t climb a ladder as company makes $250M bet on blue-collar future
on April 7, 2026 at 3:32 pm
Lowe’s CEO Marvin Ellison says AI can’t fix your roof, while announcing a $250 million commitment to recruit and train 250,000 skilled tradespeople over the next decade.
-
Toyota recalls 73K hybrid vehicles over pedestrian warning sound issue
on April 7, 2026 at 1:26 am
Toyota is recalling more than 73,000 vehicles over a pedestrian warning sound not being loud enough for people to hear, according to federal regulators.
-
Housing market gaining momentum as spring season begins
on April 6, 2026 at 9:30 pm
U.S. housing market accelerated in March with home sales up 3.7% year over year, according to Zillow, despite rising mortgage rates curbing affordability improvements.
-
Rising healthcare costs, insurance premiums now worry Americans more than any other domestic issue: poll
on April 6, 2026 at 7:52 pm
Rising health insurance premiums and expired Obamacare subsidies are driving healthcare affordability to the top of Americans’ domestic concerns in 2026.
-
Jamie Dimon warns Iran war could drive inflation, interest rates higher
on April 6, 2026 at 4:13 pm
JPMorgan CEO Jamie Dimon warns the Iran war may lead to stickier inflation and higher interest rates than markets currently expect in 2025 and beyond.
-
Auto industry trade group urges feds to scrap gas tax and replace it with a vehicle weight fee
on April 5, 2026 at 11:00 am
Alliance for Automotive Innovation CEO John Bozzella proposed replacing the federal gas tax with a weight-based vehicle fee for road infrastructure spending.
-
American workers’ wage gains lost momentum in March despite strong hiring, economists say
on April 3, 2026 at 6:51 pm
Average hourly earnings rose just 0.2% in March, missing expectations as analysts warn softer wage growth and rising energy prices squeeze consumers.
-
Amazon adds seller surcharge as oil spike from Iran tensions drives logistics costs higher
on April 3, 2026 at 4:50 pm
Amazon plans a 3.5% surcharge on sellers using its fulfillment services as rising oil prices drive up shipping costs across the U.S. economy.
-
US economy added 178,000 jobs in March, well above expectations
on April 3, 2026 at 12:33 pm
The Labor Department released the March jobs report on Friday which showed the economy added jobs at a solid pace last month after an unanticipated decline in February.