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US job growth through March revised lower by 911K
Fox Business· 2025-09-09 14:21
The Labor Department on Tuesday published the preliminary estimate of its annual benchmark revision to nonfarm payrolls, which showed the U.S. economy added significantly fewer jobs than previously reported. The Bureau of Labor Statistics (BLS) published its first estimate of the annual benchmark revision, which lowered its estimate of employment by about 911,000 jobs over the April 2024 to March 2025 period.BLS goes through the benchmarking process each year to incorporate more accurate data from state une ...
Senate banking committee to vote on Stephen Miran's Fed nomination Wednesday
Fox Business· 2025-09-09 13:55
The Senate Banking Committee is set to vote Wednesday on Stephen Miran’s nomination to the Federal Reserve Board of Governors.  If he clears the panel, the full Senate would consider the nomination to the panel that helps chart the nation's economic path. To block him, at least four Republican senators would need to break ranks.MIRAN VOWS INDEPENDENCE, UNPAID LEAVE FROM WHITE HOUSE IF CONFIRMED Miran, the chair of the Council of Economic Advisers (CEA) and a veteran of both Trump administrations, was nomina ...
Auto workers union condemns Hyundai working conditions in wake of federal raid on Georgia site
Fox Business· 2025-09-09 12:51
The United Auto Workers (UAW) labor union is condemning Hyundai for what it calls a "disgraceful record on worker safety" following an immigration raid at an electric car battery factory in Georgia. Most of the 475 people detained on Sept. 4 under suspicion of being in the United States illegally – with at least 300 reportedly hailing from South Korea – were employees of subcontractors, rather than direct employees, LGES and Hyundai Motor Company have said, according to Reuters."For years, Hyundai—including ...
Homeowners' wealth may be shrinking as price gains lag inflation
Fox Business· 2025-09-08 19:41
Home prices are rising, which is boosting American homeowners' net worth – though those gains may be eroded by stubbornly high inflation. Data from Realtor.com showed that median home listing prices were up 0.5% in July from a year ago, though the outlet noted in a report that inflation has outpaced those gains and is up 2.7% year over year.That dynamic is known as home equity erosion and occurs when the value of a home rises at a pace that isn't enough to keep up with inflation. As inflation rises at a fas ...
South Korea minister heads to US amid fallout from ICE Hyundai raid
Fox Business· 2025-09-08 18:46
South Korea’s foreign minister departed for the U.S. on Monday following the mass immigration raid by U.S. government officials on the Hyundai-LG battery factory in Georgia last week when some 300 South Koreans were detained.  While speaking with reporters ahead of his trip to the U.S., South Korean Foreign Minister Cho Hyun called it "a grave situation" and said he was in communication with Washington after U.S. immigration authorities on Friday arrested 475 individuals from the plant near Savannah in what ...
The Federal Reserve quietly shapes the Powerball's $1.7B jackpot
Fox Business· 2025-09-08 14:51
Few people think about the Federal Reserve when choosing their lucky Powerball numbers.  Yet, Saturday’s drawing, the third-largest jackpot in U.S. history, is fueled in part by the Fed’s high interest rates. When officials at the Fed and President Donald Trump debate rates, they are most likely not concerned about lottery jackpots. But the unusual stretch of higher rates shows how the same decision can cut both ways—costing some Americans money while boosting the savings of others.  POWERBALL TICKETS SOLD ...
Hassett says he supports Federal Reserve independence amid Trump admin's rate cut push
Fox Business· 2025-09-08 14:51
National Economic Council Director Kevin Hassett said on Sunday that the Federal Reserve's monetary policy decisions shouldn't be subject to political influence amid the Trump administration's calls for the central bank to cut interest rates. Hassett appeared on CBS News' "Face the Nation," where host Margaret Brennan cited a CBS poll that found 70% of Americans want the Fed to make decisions independently of President Donald Trump, though 59% of Republicans want the Fed to be guided by what Trump wants. Sh ...
August tariff collections reach $31.4B, largest monthly haul so far in 2025
Fox Business· 2025-09-07 18:56
关税收入规模 - 2025年8月美国关税收入达314亿美元 创年内单月新高[1] - 2025年累计关税收入超过1836亿美元[1] - 4月至7月关税收入从174亿美元逐月攀升至290亿美元[2] 收入增长趋势 - 9月上旬关税收入已超10亿美元 按此速度数月内或超上年全年总额[4] - 财政部长预测全年关税收入可能突破5000亿美元[8] 政策法律背景 - 联邦上诉法院8月29日裁定特朗普援引紧急权力征收关税越权 但钢铁铝关税不受影响[5] - 司法部将向最高法院上诉 关税措施被允许持续至10月中旬[7] - 财政部长对最高法院胜诉表示信心[8] 收入来源与影响 - 美国企业支付进口关税 但成本通过提价转嫁给消费者[8] 资金用途提案 - 得州国会议员提议利用关税额外收入解决37万亿美元国家债务问题[5]
Bessent defends Trump's tariffs against claims they harm US businesses
Fox Business· 2025-09-07 18:56
财政政策观点 - 财政部长淡化关税对企业和消费者的短期负面影响 强调长期将提升美国竞争力和带来收益 [1] - 认为经济议程仅实施数月 关税政策需要更长时间显现效果 [1] - 预计第四季度将出现显著加速增长 [4] 关税收入数据 - 8月关税收入超过310亿美元 创2025年单月最高纪录 [5] - 2025年累计关税收入达1830亿美元 [5] - 关税收入可能用于偿还37.4万亿美元国家债务 [5] 政策法律进展 - 上诉法院裁定关税设定权属于国会或现有贸易政策框架 但不影响基于其他法律权限征收的关税 [7] - 司法部将向最高法院提出上诉 关税措施暂维持至10月14日 [8] - 政府承诺持续推进改变经济格局的政策方针 [8] 产业影响预期 - 全面措施将强化国内制造业并创造新建及工厂就业岗位 [1] - 强调工厂建设需要时间过程 无法一蹴而就 [4]
Tylenol-maker shares sink after report says RFK's HHS will link to autism
Fox Business· 2025-09-05 19:31
核心事件 - 泰诺生产商Kenvue股价在周五交易中暴跌超过14% [1][3] - 暴跌原因是报道称美国卫生与公众服务部计划发布报告显示泰诺与自闭症存在潜在关联 [1] 产品信息 - 泰诺是非处方药 主要成分为对乙酰氨基酚 用于止痛退烧及缓解感冒流感过敏症状 [2] - 医疗专业领域此前认为含对乙酰氨基酚产品对孕妇安全 [2] 报告内容 - 美国卫生与公众服务部部长Robert F Kennedy Jr计划本月发布关于自闭症潜在成因的报告 [1] - 报告可能显示孕期服用泰诺与低水平维生素叶酸与自闭症存在关联 [1] 市场反应 - 股价暴跌发生在周五下午交易时段 [3] - 事件被标注为持续发展故事 建议关注更新 [4]