How does unemployment work?

The U.S. is in what economists are calling a “low-hire, low-fire" state, which means many people who are out of work are struggling to find new jobs. Here’s what to know about unemployment benefits.

April had the 6th-highest gas prices in nearly 4 years

Consumers faced record-breaking hardship at the pump in April as the national average for a gallon of gas exceeded $4 per gallon for the first time since 2022.

NYC's pied-à-terre tax: Here are the details

New York lawmakers are considering a proposal in Governor Hochul’s FY27 budget that would create a new tax surcharge on high-value second homes in New York City.

Walmart to cut or relocate 1,000 jobs in efforts to compete with Amazon

Walmart is restructuring its staff to focus on expansion of AI and tech initiatives. The move marks a significant strategy to compete with Amazon and other retailers.

Young Americans stand out for job market pessimism, data shows

Young Americans' confidence in the job market has plummeted significantly, falling well below the optimism levels of older generations for the first time in years, according to a new poll.

These cities rank as the best places to start a career in 2026, according to data

For young professionals searching for a job in a crowded market, finding an opportunity may come down to the zip code you're in, which might improve your odds of securing a job based on a recent report.

Trump says he aims to suspend gas tax amid high fuel prices

President Donald Trump said on Monday morning that he aims to suspend the federal gas tax for a period of time to help address high fuel prices.

Ken Griffin, Mayor Mamdani clash over NYC tax proposal

The dispute was sparked after Mamdani posted a video outside Griffin’s $238 million Midtown penthouse, voicing support for a proposed "pied-à-terre" tax on high-value second homes.

DOJ confirms antitrust probe of major meatpackers over beef price inflation

The Justice Department confirmed its active investigation of potential antitrust violations in U.S. cattle and beef markets, reviewing more than 3 million documents and interviewing industry participants as federal officials scrutinize whether highly concentrated meatpacking power has contributed to high beef prices.

US restaurant sales fall as Iran war drives up gas prices

With pain at the gas pump reaching new highs due to U.S.-Iran tensions, many consumers are pulling back on dining out. Major restaurant brands report falling revenue as households pivot to cost-saving measures to offset rising daily expenses.

Clinique and M.A.C.-owner Estée Lauder to cut 3,000 more jobs, mainly at its stores

Estée Lauder revealed this week thousands of more job cuts are in the works as the company continues its restructuring effort. The announcement came Friday as the company also increased its annual profit forecast, sending shares higher in pre-market trading. 

NYC budget crisis: Hochul meets with Ken Griffin over pied-à-terre tax

The tax would apply to second homes in the city valued at more than $5 million and is aimed at generating revenue from high-value properties often left unoccupied.

Trump signs DHS funding bill, ending a record shutdown

The House approved a bill on Thursday to fund most of the Department of Homeland Security to end the longest agency shutdown in history.

Federal government made $186B in improper payments last fiscal year

A new Government Accountability Office (GAO) report reveals that improper federal spending surged to $186 billion in 2025. The GAO found that the bulk of these payments happened within the nation’s largest programs.

BP profit doubles as US gas prices hit highest levels since Iran war began

Petroleum giant BP has earned more than double its profit since the conflict with Iran began two months ago, far exceeding last year’s total.