As US port strike looms, progress reported in talks between Eastern and Gulf ports and dockworkers

The union for 45,000 dockworkers and the group representing East and Gulf Coast ports have exchanged wage offers, leaving a ray of hope that a deal can be reached without a major work stoppage.

Port strike looming: What to know and expect

Retailers are bracing for potential pain should thousands of dock workers along the East Coast begin striking this week. Here’s what to know and what to expect.

New Yorkers sound off on 2024 election issues

FOX 5 NY is taking a deep dive into what both Trump and Harris have said about three critical issues: economy, immigration and reproductive rights. Here's what some New Yorkers had to say.

US looks to crack down on cheap shopping site Temu amid concerns of exploitation

The House Intelligence Committee is pushing for action against Chinese e-commerce company Temu and its parent Pinduoduo (PDD) over concerns about trade violations, forced labor, and national security risks.

Would Harris or Trump do a better job on the economy? Voters spilt in new poll

About 4 in 10 registered voters say Trump would do a better job handling the economy, while a similar number say that about Harris, according to a new AP-NORC poll.

Will the Fed's rate cut bring down mortgage rates?

While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, auto loans and credit cards. Mortgage rates are linked to moves in the 10-year Treasury yield.

Blink Fitness bankruptcy: PureGym makes $105M bid for NJ, NY gyms

After filing for Chapter 11 bankruptcy, Blink Fitness could sell most of its New Jersey and New York assets to U.K.-based PureGym for $105 million. See the list of NY locations at risk of closing.

Blink Fitness bankruptcy filing: List of NY locations at risk of closing

Blink, a chain owned by the luxury fitness company Equinox Group filed for bankruptcy to help facilitate a sale of the business. More than half the locations in New York are at risk of closing.

Poll shows Americans take dim view of grocery industry amid recalls, inflation

A recent Gallup poll reveals a shift in Americans' opinions of the grocery industry, with more negative than positive views for the first time. Concerns over inflation and food safety have contributed to declining confidence in a once highly-rated sector.

NYC reparation payments: City moves to address slavery. Explainer

New York City could soon become the largest city to enact reparations. What are reparations, and what does this mean for New Yorkers? Details here.

Inflation continues to cool, latest numbers show

The prices of gas, groceries and cars are either falling or rising at slower rates than before the pandemic. That’s after peaking at a 40-year high in mid-2022.

US inflation hits 3-year low as Federal Reserve set to cut interest rates

With the cost of goods and services experiencing a slight decline in August, the Federal Reserve may consider cutting its key interest rate soon.

No-tip restaurants in NYC: How a Japanese ramen spot is doing

Leaving a tip at the end of a meal is a routine part of going out to eat in New York City, but there are some restaurants that are bucking the trend and implementing a no-tip policy.

Company plans to track workers' locations in return-to-office crackdown

One of the world's biggest consulting and accounting firms plans to monitor its employees' locations to ensure compliance with a stricter return-to-office policy set to take effect next year. 

August jobs report shows job losses for US-born workers, gains for foreign-born

The August jobs report reveals a sharp contrast in the U.S. job market, with US-born workers losing over 1.3 million jobs in the past year, while foreign-born workers gained more than 1.2 million jobs.

Aldi opens first Staten Island store with giveaways: Details

A new Aldi location is opening in Staten Island on Sep. 12 with a chance to win a giveaway and a gift card sweepstakes. The store will become the 123rd location in New York State and the first in the borough.