American households’ debt burdens increased to the highest level on record in the third quarter of 2025, according to a new report by the Federal Reserve Bank of New York. The New York Fed’s Center for Microeconomic Data released its quarterly report on household debt and credit this week, which showed that…

Secretary of Transportation Sean Duffy told FOX Business on Friday that major U.S. airlines are “going to lose millions of dollars” after the Federal Aviation Administration (FAA) slashed flights at airports around the country due to the ongoing government shutdown.  In order to reduce the strain on air traffic controllers, who…

Treasury Secretary Scott Bessent told FOX Business’ Edward Lawrence that South Carolina’s new rare earth mineral processing center will help cut costs and break China’s “chokehold” on industry. In an exclusive sit-down interview, Bessent said that the plant marked a manufacturing comeback and will create jobs and ease prices as…

The ongoing government shutdown has disrupted the flow of economic data from federal agencies and the October jobs report is the latest closely watched report to be delayed due to the impasse. Most workers at the Labor Department and other federal agencies responsible for producing economic reports have been furloughed…