The president's son said average Americans "don't understand" how taxes work when you run a business, following a New York Times report on his father paying little or no federal income tax for years.
First-time unemployment claims increased the most last week in the states of Indiana, Kansas, Illinois and Michigan, with some economists saying the U.S. economy is "running on empty."
The research found that since April, the proportion of people who describe the economy as "bad" has reduced by 11 percentage points.
A federal judge on Monday ruled Pennsylvania Governor Tom Wolf's executive actions to close or restrict non–life sustaining businesses during the coronavirus pandemic are unconstitutional.
Oracle's winning bid is just part of the company's inner workings closely related with the White House to win contracts worth billions of dollars.
On social media the owners of Swan Dive invited the demonstrators in for refreshments, shortly before the eatery was vandalized and its patrons harassed.
Several coffee shops are open on Labor Day but may be operating on reduced hours.
An exclusive survey from Newsweek and LendingTree reveals how the twin crises of the pandemic and a struggling economy are changing the way we save, spend and even think about money—in ways that will last long after life has returned to a semblance of normalcy.
An exclusive survey from Newsweek and Lending Tree shows that eight in 10 Americans are worried about their financial security as a result of the pandemic. These smart money moves can allay those fears and put your finances back on the right track.
This morning, reports emerged that U.S. and Chinese officials had reaffirmed their commitment to phase one of their joint trade deal in a call.
Federal Reserve Chairman Jerome Powell has been tipped to outline the central bank's most active efforts yet in bringing inflation back to a healthy ballpark.
Despite bullish markets, many investors and strategists would not bet on a Trump victory come November.
The transition rate from temporary to permanent layoffs nearly doubled from June to July.
The online direct-to-consumer eyewear giant offers great choice, style and prices, but do its frames work for everyone?
Walmart's gains tapered off with the stimulus payments, CEO Doug McMillon said, while Target CEO Brian Cornell played down the successful quarter.
"I don't think anyone would claim to understand what is actually being proposed or say with any certainty that it will be enacted," Rupert Weston, a U.K.-based partner at law firm Burges Salmon LLP, told Newsweek.
Bloomberg estimates that, year-to-date, Musk's net worth has rocketed by $62.8 billion. On Monday alone, Tesla stock surged by 11 percent, bumping Musk's worth up by nearly $8 billion.
Reports from Reuters and from analysts polled by Bloomberg suggest it could fetch between $20 billion and $50 billion—a wildly higher price tag than the valuation of its peers.
"It's true there has been a rebound, but not because of anything the president has done," says Eric Winograd, chief U.S. economist at AllianceBernstein.
In its second quarter SEC filings, the fund reported total value of $11.4 billion, and notably bought Boeing while it sold Tesla.
Masks, hospital-grade air filters and even some reduced prices have not brought travelers back onboard flights, airline industry experts say.