Rescue crews raced to save multiple people trapped beneath the rubble after an explosion at a U.S. Steel plant near Pittsburgh on Monday, an official said. The blast happened just before 11 a.m. at the Clairton Coke Works. Abigail Gardner, director of communications for Allegheny County, told The Associated Press there…

The Labor Department will release its latest monthly inflation report on Tuesday at a critical time for the economy, as the Federal Reserve will take stock of the impact of tariffs on consumer prices ahead of its interest rate decision next month. The Bureau of Labor Statistics (BLS) will release the consumer…

The U.S. federal government’s annual budget deficit has widened by $109 billion so far this fiscal year despite an influx of tariff revenue to the government’s coffers. The nonpartisan Congressional Budget Office (CBO) on Friday released its monthly budget update for July, which found that the federal budget deficit totaled $1.6…

Terry Schilling, president of the American Principles Project, is encouraging Gen Zers to reconsider the traditional college route and explore skilled trades or entrepreneurship, as recent graduates face a challenging job market. “We need to go back to the drawing board, and if we can avoid having an entire generation…

U.S. gold futures rose to a record high on Friday amid uncertainty over whether the Trump administration’s country-specific import tariffs would apply to the most commonly traded sizes of gold bars. Washington may place the most widely traded gold bullion bars in the U.S. under country-specific tariffs, according to a ruling on…

Treasury Secretary Scott Bessent said Thursday that financial markets are pricing in a high likelihood of the Federal Reserve cutting interest rates before the end of the year amid concerns about tariffs pushing inflation higher. Bessent, during an appearance on Fox News’ “Special Report with Bret Baier,” said after the Fed held…

The processes used by the Bureau of Labor Statistics (BLS) to collect data for the jobs report have been under scrutiny after last week’s disappointing jobs report, and one of the agency’s former leaders shared ways the agency could improve those methods if it were to receive the funding needed to…

Small business owners are rapidly adopting artificial intelligence to power their growth, with many saying it will lead to more job opportunities this year, according to a Goldman Sachs survey. About 68% of small business owners say they are already using AI, with another 9% planning to begin using it…

Young Americans continued to make up the largest share of those transitioning into credit card delinquency in the second quarter, according to a report released by the New York Federal Reserve.Despite ticking down slightly from the previous quarter, the report showed that nearly 10% of credit card balances held by…

President Trump’s message to global chipmakers is: Manufacture in the United States, and you won’t be slapped with a hefty tariff.  “We’ll be putting a tariff on approximately 100% on chips and semiconductors. But if you’re building in the United States of America, there’s no charge, even though you’re building,…