Business news

• Today's mortgage rates drop for 30-year terms | March 8, 2024

  08-03-2024 15:24 via foxbusiness.com
  
  The interest rate on a 30-year fixed-rate mortgage is 6.500% as of March 8, which is 0.125 percentage points lower than yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate before applying for a loan. It’s also important to compare different lenders’ current interest rates, terms, and fees to ensure you get the best deal. Rates last updated on March 8, 2024. Rates are based on the assumptions shown here. Actual rates may vary. Cr
  
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• US economy adds 275,000 jobs in February, unemployment rate ticks higher

  08-03-2024 14:52 via foxbusiness.com
  
  U.S. employers added 275,000 jobs in February, higher than economist estimates of 200,000 and the average monthly gain of 255,000 recorded in 2023, the Labor Department reported on Friday. The unemployment rate ticked up to 3.9% compared to the 3.7% estimate. Still, the blockbuster 353,000 gain in January  was revised down to 229,000. Growth was driven by hiring of healthcare and government employees, along with food services. On the flip side, the manufacturing sector cut 4,000 p
  
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• Sephora's Beauty Insider program: How to level up your benefits

  08-03-2024 14:52 via foxbusiness.com
  
  With nearly 3,000 stores globally, Sephora has snagged the spot as one of the most popular beauty retailers in the world.Yet, beyond the seemingly endless shelves of cosmetics and flowery fragrances lies a hidden gem: The Beauty Insider Program.Whether you are Picasso with a makeup brush or only dabbling in the art of beauty, the Beauty Insider Program has something valuable to offer. Read on to learn how to leverage your membership to its fullest potential.SEPHORA CUSTOMER SAYS SOL DE JANEIRO B
  
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• Best rewards credit cards where you can use points toward things like travel, cash back

  08-03-2024 14:41 via foxbusiness.com
  
  If you are going to be spending money anyway, you might as well earn some points when you swipe. There are several different types of rewards credit cards you can apply for. When thinking about the best one for you, look into your spending habits and pinpoint where the majority of your money is going. Then try to find a credit card that offers high rewards matching your spending.You'll also want to think about what is most important to you. Is it a necessity that the credit card you possess
  
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• Canada's economy added 41,000 jobs in February

  08-03-2024 14:37 via cbc.ca
  
  Canada's economy added 41,000 jobs in February while the unemployment rate rose to 5.8 per cent, Statistics Canada said Friday.
  
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• TikToker gone viral for giving career advice reveals why post-grads are 'really struggling' to find a job

  08-03-2024 14:30 via foxbusiness.com
  
  There are millions of job openings in the United States right now, but the youngest members of the workforce are not filling them at the rate that you might expect.TikToker Erin McGoff, who has garnered over 2 million followers by offering young people career advice online under the handle @AdviceWithErin, joined Fox News' "America's Newsroom," on Monday, to share her secrets to finding a job in today's complicated working world.A survey conducted by Intelligent.com finds 38% of employers avoid
  
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• How It Started... How It's Going: Prices of eggs, milk, steak up since Biden took office

  08-03-2024 14:17 via foxbusiness.com
  
  Economic reports continue to show that inflation is coming down from the painful peaks of recent years. But the high prices many Americans still face at the grocery store remain a top concern for voters. While government officials tout data that shows annual inflation is down to 2.4% from a 40-year high of 7% in June 2022, Americans who remember what they paid for everyday goods just three years ago aren't feeling much relief. During his State of the Union speech on Thursday, Biden pro
  
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• Jool Baby recalls more than 63K Nova Baby infant swings due to suffocation risk

  08-03-2024 14:00 via foxbusiness.com
  
  More than 63,000 Jool Baby Nova Baby infant swings have been recalled because of the risk of sufficiency for babies, regulators said. The U.S. Consumer Product Safety Commission (CPSC) said the swings have an incline angle greater than 10 degrees, which violates federal safety regulations – the agency's Infant Sleep Products Regulation and the Safe Sleep for Babies Act.The recall involves infant swings manufactured from June 2022 through September 2023. No injuries have
  
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• Amazon, Walmart and Target all have paid memberships: what are the perks?

  08-03-2024 14:00 via foxbusiness.com
  
  Target on Tuesday unveiled a paid membership program, Target Circle 360, that will go live in early April.Once the program makes its April 7 debut, consumers will have their pick of a wider range of paid membership options with their own unique benefits made available to them by major retailers. Some other retail giants that have paid memberships include Amazon and Walmart.FOX Business takes a closer look at some of the different benefits that come with Amazon Prime, Walmart+ and Target Circle 3
  
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• Biden admin's gig worker rule facing growing pushback

  08-03-2024 13:49 via foxbusiness.com
  
  The Biden administration is facing mounting pushback over a new Department of Labor rule set to go into effect Monday that would re-classify millions of gig workers as employees.Trade groups, small business advocates, lawmakers and a coalition of independent workers themselves are scrambling to try to stop the rule, arguing it threatens the livelihoods of the very people it is meant to protect.The DOL's rule would make it more difficult for companies to classify their workers as independent cont
  
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• Discount grocer ALDI to open 800 new stores across US in multi-year expansion plan

  08-03-2024 11:22 via foxbusiness.com
  
  Popular discount grocer ALDI will be increasing its already growing presence across America over the next five years, the company announced Thursday.The self-described "low-price leader" plans to add 800 locations across the country by the end of 2028 as part of a massive $9 billion expansion plan, which includes opening new stores and making a few conversions."This five-year expansion plan will bring even more communities great products at the lowest possible prices during a time when consumers
  
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• Toughest job interview question of all: 'What can you improve about yourself?'

  08-03-2024 10:53 via foxbusiness.com
  
  The goal of an interview is to assess a job candidate’s skillset and career achievements as part of determining whether that person might be a favorable addition to a company’s team and corporate culture.  An interview is also a mix of small talk and shop talk related to the candidate, the person's experience and the scope of the position that's open. During the course of an interview, you may find yourself facing some tough questions — one of which could be to e
  
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• Biden, in State of the Union, to call for wealth tax and higher taxes on businesses

  08-03-2024 03:25 via foxbusiness.com
  
  President Joe Biden is expected to call for a wealth tax and higher taxes on businesses when he delivers his State of the Union address Thursday night.White House officials said that Biden will propose an increase in corporate minimum taxes as well as curbing executive pay and corporate tax deductions in his remarks. Biden wants to increase the corporate tax rate to 28% from 21%. He also wants to increase the 15% corporate minimum tax on companies reporting over $1 billion in profit that was inc
  
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• Biden planning to tout economic agenda in State of the Union

  08-03-2024 03:03 via foxbusiness.com
  
  President Biden will deliver his third State of the Union address on Thursday night as he attempts to convince the American public he deserves another four years in office.The high-profile speech comes amid growing discontent among many households about the state of the U.S. economy and the persistent pain of high inflation.  Still, the president plans to use his address to the nation to assuage those concerns by touting some of the positive economic outcomes realized over the past year. He
  
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• Congress getting ‘thousands’ of phone calls from youth urging lawmakers to block TikTok bill: Rep. Chip Roy

  08-03-2024 02:01 via foxbusiness.com
  
  Members of Congress have been overwhelmed by "thousands" of callers urging lawmakers to reconsider a bill that would ban TikTok in the United States.  The bill advanced out of the House Energy & Commerce Committee on Thursday in a unanimous bipartisan vote — 50-0.In the run-up to Thursday’s vote, many TikTok users received a notification urging them to "speak up now – before your government strips 170 million Americans of their Constitutional right to free expression."
  
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• United Airlines flight bound for Japan loses tire after takeoff in San Francisco, damages several cars

  08-03-2024 01:38 via foxbusiness.com
  
  A United Airlines flight that took off from San Francisco International Airport (SFO) was diverted to Los Angeles after losing a tire during takeoff Thursday that proceeded to damage several parked vehicles parked at the airport."United flight 35 lost one tire after takeoff from San Francisco. The flight will land at LAX. Once the flight lands in Los Angeles, we will arrange a new aircraft to continue this trip for our customers," a United Airlines spokesperson told Fox News Digital.The flight h
  
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• US national debt tracker for March 7, 2024: See what American taxpayers (you) owe in real time

  08-03-2024 01:05 via foxbusiness.com
  
  The U.S. national debt is climbing at an astronomical pace and has shown no signs of slowing down despite the heightened scrutiny on government spending.The national debt — which measures what the U.S. owes its creditors — increased to $34,440,831,955,756.54 as of Wednesday afternoon, according to the latest numbers published by the Treasury Department. That is up about $1.9 billion from the $34,438,950,067,961.33 figure reported the previous day.By comparison, just four decades ago,
  
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• Nevada prison to help inmates reintegrate into society

  08-03-2024 00:53 via foxbusiness.com
  
  You do the crime, you have to do the time. But what happens when a prison sentence ends?Reintegrating into society can be difficult. The Vocational Village at the Southern Desert Correctional Center in Nevada is hoping to change that."A lot of people look down on you, not knowing that maybe you just made a mistake, and you’re willing to change. But if you don’t get that opportunity to change, then it’s pretty much impossible," said prisoner Christopher Wynn, who was convicted f
  
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• Clean tech, AI boom straining US energy supply

  08-03-2024 00:49 via foxbusiness.com
  
  The artificial intelligence (AI) boom, increased clean technology manufacturing and cryptocurrency mining are straining U.S. energy supplies as energy sources struggle to keep pace with rising demand.Rising industrial demand from tech companies — which are operating data centers and training AI models — electric vehicles, manufacturers and emerging technologies like cryptocurrency has created a large uptick in demand for energy generation. The retirement of fossil fuel and nuclear po
  
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