Business

Treasury's Bessent says he doesn't support suspending monthly jobs reports

Treasury Secretary Scott Bessent on Wednesday said that he doesn't think the Bureau of Labor Statistics (BLS) needs to pause monthly…

Bessent says Trump Fed appointments will 'change the narrative' on monetary policy direction

U.S. Treasury Secretary Scott Bessent didn’t shy away from talking about Federal Reserve politics and an ongoing fiscal power shift…

How Kodak went from film giant to facing financial peril

Kodak, once a titan in the film era, now risks fading into history as it faces the possibility of shutting…

New Jersey residents' fury over soaring energy bills could hit Democrats in 2026 election

New Jersey residents are facing huge spikes in energy costs this year, and rising outrage is leading to speculation that…

FDA may revoke Pfizer COVID-19 vaccine authorization for kids under certain age

The U.S. Food and Drug Administration (FDA) may not renew the Emergency Use Authorization for the Pfizer-BioNTech COVID-19 vaccine for…

Trump administration official says Wall Street tariff inflation fears like 'waiting for Godot'

A key official in the Trump administration's economic team is touting the latest inflation data as showing that a tariff-induced rise…