Breaking News: Economy
U.S. payrolls rose by 178,000 in March, more than expected; unemployment at 4.3%
The U.S. labor market bounced back in March, with job creation much stronger than expected though the broader picture of a slow-growth labor market held intact. Nonfarm payrolls rose a seasonally adjusted 178,000 during the month, a reversal from the 133,000 decline in February and better than the Dow Jones consensus estimate for 59,000, the […]
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Trump is calling for a major increase in defense spending alongside cuts in domestic spending
President Donald Trump is asking Congress to boost defense spending to $1.5 trillion, the largest such request in decades and the latest signal of the president’s emphasis on U.S. military investments over domestic programs. The 2027 plans for the Pentagon were confirmed in a White House outline of Trump’s 2027 budget proposal released Friday. The White […]
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United unveils basic Polaris business fare in premium cabin overhaul
United Airlines new Polaris seat on one of its Boeing 787 Dreamliners Leslie Josephs/CNBC Does it matter where you sit if you’re sipping Champagne in first class? United Airlines is betting that for some travelers looking for luxury at a discount, it doesn’t. The carrier is launching new, cheaper tiers for its top-end Polaris and […]
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United Airlines hikes checked bag fee by $10 as fuel prices continue to climb
United Airlines Bloomberg | Bloomberg | Getty Images United Airlines hiked its checked bag fee by $10 on Thursday, becoming the second U.S. carrier in less than a week to raise the fee as the industry grapples with this year’s surge in fuel costs, airlines’ biggest expense after labor. United’s new fee will be $45 […]
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Grocery shock on the horizon for approaching U.S. elections as Iran war drags on
A customer shops in a grocery store on March 11, 2026 in Miami, Florida. Joe Raedle | Getty Images Rising grocery prices in the U.S. as the result of the Iran war could be among the most politically damaging outcomes of the conflict just months before a critical U.S. election. Two years earlier, President Donald […]
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Trump’s Iran speech ignores the risks of a return to the 1970s: Analysis
Demonstrators hold posters of Ayatollah Khomeini outside the American Embassy which is occupied by ‘students following the Imam Khomeini’s line on November 16, 1979 in Tehran, Iran. Kaveh Kazemi | Hulton Archive | Getty Images “The hard part is done,” President Donald Trump said in his address to the nation Wednesday night about the Iran […]
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Oil prices fall in choppy trade as Trump addresses the U.S. on Iran war
The Liberia-flagged crude oil tanker Shenlong Suezmax successfully docked at Mumbai Port after navigating the high-risk Strait of Hormuz amid the intensifying West Asia conflict on March 11, 2026 in Mumbai, India. Hindustan Times | Getty Images Oil fell in a volatile session as traders awaited U.S. President Donald Trump’s address to the nation on […]
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Trump address live updates: President to speak on Iran tonight
Iran’s president slams U.S. ‘aggression’ in letter aimed at American people Iranian President Masoud Pezeshkian looks on as he attends a press conference with Emir of Qatar Sheikh Tamim bin Hamad Al Thani (not pictured), in Tehran, Iran. February 19, 2025. Majid Asgaripour | Via Reuters Iranian President Masoud Pezeshkian, in a letter Wednesday addressed to […]
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