Tag: economy

Trump celebrates Supreme Court limits on ‘colossal abuse of power’ by federal judgesTrump celebrates Supreme Court limits on ‘colossal abuse of power’ by federal judges

President Donald Trump celebrated after the Supreme Court moved to block lower courts from issuing universal injunctions, something that had impacted his executive orders. The president held a news conference just over an hour after the ruling was issued and said the Supreme Court had stopped a “colossal abuse of power.”  “I was elected on […] ...

Second Amendment ‘setback’: Gun tax cuts stripped from Trump’s ‘big, beautiful bill’Second Amendment ‘setback’: Gun tax cuts stripped from Trump’s ‘big, beautiful bill’

A provision inside President Donald Trump’s “big, beautiful bill” that would have lessened regulations on certain firearms was one of many stripped policies that did not pass muster with Senate rules. The Senate parliamentarian ruled late Thursday night that policy changes that would delist short-barrel rifles, shotguns and suppressors from the National Firearms Act (NFA) […] ...

Dem governor’s decades-old political persecution claim over alleged cocaine use disputed by bombshell memoDem governor’s decades-old political persecution claim over alleged cocaine use disputed by bombshell memo

FIRST ON FOX: Maine’s Democratic Gov. Janet Mills has for years dismissed an investigation into her alleged cocaine use as politically motivated, but a newly unearthed memo obtained by Fox News Digital contradicts her decades-old claim.  In early 1990, the U.S. Attorney’s Office (USAO) in Maine, the Drug Enforcement Administration (DEA) and Maine’s Bureau of […] ...

SEE IT: Celebration of Jeff Bezos and Lauren Sanchez’s wedding starts in Venice, ItalySEE IT: Celebration of Jeff Bezos and Lauren Sanchez’s wedding starts in Venice, Italy

The celebration of Jeff Bezos and Lauren Sánchez’s wedding appeared to start on Thursday in the city of Venice, Italy.  Photos captured the billionaire Amazon founder and his fiancee dressed to the nines while exiting a hotel on Venice’s famed Grand Canal to make their way onto a waiting water taxi.  Big-name stars were also […] ...

Landing a Goldman Sachs internship as difficult as NASA astronaut acceptanceLanding a Goldman Sachs internship as difficult as NASA astronaut acceptance

Goldman Sachs internships are among the most difficult to secure in the finance sector, with less than 1% of applicants getting accepted for the coveted summer position.  Still, that didn’t stop over 360,000 people from around the world from applying. Only 2,600 of them, or 0.7%, were accepted into the 2025 internship class.  Though not […] ...

Tesla’s newly launched robotaxi service experiences driving issues, traffic problems: reportTesla’s newly launched robotaxi service experiences driving issues, traffic problems: report

Riders have reportedly documented multiple incidents of driving issues with Tesla’s new robotaxi service, which the automaker rolled out earlier this week in Austin, Texas, with a small fleet of self-driving vehicles. Videos taken this week by passengers showed Tesla robotaxis – which are Model Y vehicles with advanced software – braking suddenly, speeding, conducting […] ...

Students showcase trade skills at competitive event as US aims to solve skilled labor shortageStudents showcase trade skills at competitive event as US aims to solve skilled labor shortage

Thousands flocked to a workforce development organization’s annual conference this week, which focuses on giving the next generation of skilled workers the opportunity to network with employers and test their abilities in competitions. More than 17,500 people – including students, teachers and industry leaders – attended SkillsUSA’s National Leadership & Skills Conference in Atlanta between […] ...

Tight End University: How NFL’s elite created first-class event sponsors are begging to joinTight End University: How NFL’s elite created first-class event sponsors are begging to join

What was once a quick text asking to work out has led to one of the most anticipated NFL offseason events for players and fans alike. Now, it’s not only making an impact on the players on the field, but also the Nashville community and more. The evolution of Tight End University, which was co-founded […] ...

Sans Musk, DOGE saves millions by nixing 312 more contracts, including one for an advisor at USAID MadagascarSans Musk, DOGE saves millions by nixing 312 more contracts, including one for an advisor at USAID Madagascar

The Department of Government Efficiency announced on Thursday that hundreds of contracts had been canceled in recent days, saving nearly half a billion dollars. “Over the last 7 days, agencies have terminated 312 wasteful contracts with a ceiling value of $2.8B and savings of $470M, including a DoD $286k professional and management development contract for […] ...

Scoop: New Republican Senate candidate in Kentucky to team up with top Trump allyScoop: New Republican Senate candidate in Kentucky to team up with top Trump ally

FIRST ON FOX – Republican businessman and entrepreneur Nate Morris, the newly announced Senate candidate in the 2026 Kentucky race to succeed retiring former longtime GOP Senate leader Mitch McConnell, will team up with a top ally of President Donald Trump. Morris, who is showcasing his political outsider credentials and his support for Trump’s MAGA […] ...

Virginia sheriffs rip Dem challenger’s ‘criminals first’ agenda in fiery endorsement of Jason MiyaresVirginia sheriffs rip Dem challenger’s ‘criminals first’ agenda in fiery endorsement of Jason Miyares

FIRST ON FOX: A group of 19 Virginia sheriffs has thrown their political weight behind incumbent Attorney General Jason Miyares after Democrats nominated former Virginia state Del. Jay Jones to challenge him in November.  “The choice is clear. The decision is ours,” the group of Virginia sheriffs said in a letter to their colleagues just […] ...

California judge who blocked Trump National Guard order hit with impeachment resolutionCalifornia judge who blocked Trump National Guard order hit with impeachment resolution

FIRST ON FOX: A Republican lawmaker is filing impeachment articles against a judge who temporarily blocked President Donald Trump’s control of the National Guard in California during this month’s riots in Los Angeles. Rep. Randy Fine, R-Fla., is filing a resolution to remove U.S. District Judge Charles Breyer from the bench on Friday. He told […] ...

Targeted by Trump, Republican Rep. Thomas Massie hauls in campaign cashTargeted by Trump, Republican Rep. Thomas Massie hauls in campaign cash

Rep. Thomas Massie, R-Ky., announced on Thursday that his campaign has hauled in $177,394 in recent days. “Will lobbyists for a FOREIGN country be able to buy a seat in Congress? That’s the question in my re-election. 1,900 of you donated $177,394 this week to make sure I can hold this office to represent American […] ...

Fed’s favored inflation gauge shows consumer prices ticked slightly higher in MayFed’s favored inflation gauge shows consumer prices ticked slightly higher in May

The Federal Reserve’s preferred inflation gauge showed that prices ticked slightly higher in May as the central bank waits for signs of tariff-induced inflation reaching consumers this summer. The Commerce Department on Friday reported that the personal consumption expenditures (PCE) index rose 0.1% on a monthly basis and 2.3% compared with a year ago. Those […] ...

Treasury secretary reveals ‘peace deals’ with China as rare earth supplies set to flowTreasury secretary reveals ‘peace deals’ with China as rare earth supplies set to flow

Treasury Secretary Scott Bessent revealed new details about the reported trade deal struck between the U.S. and China, adding that he’s now seen “de-escalation” firsthand. “This is what leadership looks like under President Trump. We’ve got peace deals, we’ve got trade deals, we’ve got tax deals. And in dealing with the world’s second-largest economy, we […] ...

Flashback: The debate night against Trump that threw Biden’s reelection campaign into a free fallFlashback: The debate night against Trump that threw Biden’s reelection campaign into a free fall

A year ago Friday, President Joe Biden took the debate stage against then-Republican presidential candidate Donald Trump and drove one of the final nails in his reelection campaign’s coffin as traditional allies turned their backs on the 46th president and subsequently rallied to replace him as the frontrunner against Trump.  Biden entered the reelection cycle […] ...

June 2025 recalls impact Honda, Trader Joe’s, Harley-Davidson and moreJune 2025 recalls impact Honda, Trader Joe’s, Harley-Davidson and more

Consumers saw a host of recalls for products, vehicles, food and drinks in the month of June.  Recalls of food in June ranged from dried apricots with insufficient labeling to “ready-to-eat” pasta linked to a listeria outbreak. Meanwhile, consumer products such as dumbbells and power banks also faced recalls.  Vehicle manufacturers, including Honda, Ford and […] ...

House Republican opposing proposed sale of public lands says he’s still against Senate bill: ‘I remain a no’House Republican opposing proposed sale of public lands says he’s still against Senate bill: ‘I remain a no’

Rep. Ryan Zinke, R-Mont., said in a Thursday post on X that he remains opposed to the Senate reconciliation measure. “I agree with my colleagues that the federal government has mismanaged federal lands for decades. But I don’t agree with their solution. The solution is not to sell public lands. The solution is better management. […] ...

NYC real estate developer schools Mamdani over pricey housing planNYC real estate developer schools Mamdani over pricey housing plan

New York City mayoral candidate Zohran Mamdani is rattling real estate developers and landlords over his sweeping proposal to tackle the city’s housing crisis. The Queens assemblyman wants to build 200,000 new publicly-subsidized affordable homes and immediately freeze rents for the city’s 2.4 million stabilized tenants.  “You don’t build housing by attacking the people who […] ...

Republicans raise alarm over US vulnerability to mass drone strikes after Israel-Iran conflictRepublicans raise alarm over US vulnerability to mass drone strikes after Israel-Iran conflict

FIRST ON FOX: A group of House Republicans is demanding to know how the U.S. is ready to protect its own domestic assets in the event of a potential attack on the homeland. “We write to inquire with the U.S. Department of Defense (DOD) and the Department of Homeland Security (DHS) about the current state […] ...

DoorDash driver says it was an ‘extremely big honor’ to stand behind Trump at ‘Big, Beautiful Bill’ eventDoorDash driver says it was an ‘extremely big honor’ to stand behind Trump at ‘Big, Beautiful Bill’ event

In an exclusive interview, Maliki Krieski, a mother, small business owner and DoorDash delivery driver who stood behind President Donald Trump during an event promoting the “Big, Beautiful Bill” on Thursday, told Fox News Digital that it was an “extremely big honor” to support the president’s bill. She shared why the bill is so important […] ...

California eyes potential ban on online fantasy sportsCalifornia eyes potential ban on online fantasy sports

California’s top legal authority is moving forward in a push to rid the state of sweepstakes casino games.  Attorney General Rob Bonta will introduce an opinion that would make all online fantasy sports platforms illegal in California, KCRA-TV reported. The Golden State is not the first U.S. state to propose legislation that would eliminate the […] ...

GE Appliances to move washing machine production from China to Kentucky in $490M investmentGE Appliances to move washing machine production from China to Kentucky in $490M investment

GE Appliances on Thursday said it would spend $490 million to move the production of most of its washing machines from China to Kentucky. The operation will move to the company’s massive industrial Appliance Park headquarters in Louisville, Kentucky, where it already manufactures washers and dryers. At least 800 new full-time jobs are expected to […] ...

Bill Ackman promises to fund centrist candidate to defeat socialist Mamdani in NYC mayoral raceBill Ackman promises to fund centrist candidate to defeat socialist Mamdani in NYC mayoral race

Billionaire Bill Ackman said Thursday he will back a candidate in the New York City mayoral race to counter the candidacy of New York Assemblyman Zohran Mamdani, an avowed democratic socialist. Mamdani is the presumptive Democratic Party nominee for the New York City mayoral race after he declared victory over former New York Gov. Andrew Cuomo […] ...

Jewelry retailer shops for buyers amid tariff strugglesJewelry retailer shops for buyers amid tariff struggles

Claire’s Stores Inc. is weighing a potential sale as the beleaguered teen jewelry store contends with relentless competition and the impact of President Donald Trump’s tariffs, according to a report.  The company, primarily owned by private equity firms Elliott Management and Monarch Alternative Capital, tapped Houlihan Lokey Inc to find potential buyers for some or […] ...