Economy

Nico Murillo is the proud owner of a Tesla Model Y, mainly because he’s part of the team that built these cars at the factory in Fremont. But on April 15, his dream job would sound more like a nightmare: The 29-year-old is just one of the roughly 14,000 Tesla employees to be laid off since April.

Anheuser-Busch InBev's Bud Light brand has still not recovered in the U.S. more than a year since the beverage giant's controversial partnership with transgender influencer Dylan Mulvaney sparked a boycott of the beer.

The Federal Reserve announced its decision to maintain its key interest rate at a two-decade high of roughly 5.3% amid ongoing concerns about high inflation.

A recent study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.

A recent YouGov poll reveals that as tipping becomes an expected norm in increasingly varied sectors amid rising living costs, over half of Americans now express a growing resentment towards tipping, opting to leave no tip for subpar service.

The Biden administration's new rule significantly expands overtime pay eligibility to millions of salaried workers in the U.S., setting higher income thresholds and updating salary limits every three years.

Amid inflation and climate concerns, younger generations, including Gen Z and millennials, are turning to "doom spending," buying luxuries as they find homeownership increasingly unaffordable.

Express filed for bankruptcy Monday and announced dozens of the fashion retailer’s stores would be closing.

Red Lobster is reportedly considering filing for bankruptcy to relieve financial pressures that have weighed on the company.

Americans are now facing an additional financial burden of $1,069 per month due to high inflation compared to three years ago.

Tesla Gigafactory Texas layoffs were announced by an early morning email, according to some employees who spoke to FOX 7 Austin.