Tag: economy

Inside Bezos’ $1B wedding plans: Amazon founder taps ultra-exclusive event companyInside Bezos’ $1B wedding plans: Amazon founder taps ultra-exclusive event company

Amazon founder Jeff Bezos and fiancée Lauren Sánchez tapped event planners Lanza & Baucina Limited for their wedding ceremony and reception. The planners are bound to be busy because the high-profile couple, engaged for roughly two years, are getting married in Venice, Italy, later in the week. Lanza & Baucina Limited is based in London.  […] ...

‘America’s Checkbook’ would open the ledger on federal expenditures from pencils to the Pentagon‘America’s Checkbook’ would open the ledger on federal expenditures from pencils to the Pentagon

The Treasury would be required to track every expenditure of the federal government under the newest congressional effort toward government efficiency. The LEDGER Act, nicknamed “America’s Checkbook,” is based off two successful efforts in Ohio and Florida where efforts to publicize individual government expenditures have been successful. Reps. Michael Rulli, R-Ohio, and Michael Haridopolos, R-Fla., […] ...

Tech giant faces third lawsuit alleging it’s discriminating against older white men in furtherance of DEITech giant faces third lawsuit alleging it’s discriminating against older white men in furtherance of DEI

America First Legal, a pro-Trump legal advocacy nonprofit, has filed suit for the third time against International Business Machines Corporation (IBM) for allegedly discriminating against its older White male employees in furtherance of the company’s diversity, equity and inclusion (DEI) policies.  The plaintiff in this latest suit filed against IBM on Wednesday is a former […] ...

Airline giants rally behind Trump admin’s ‘critical’ plan to overhaul outdated air traffic systemsAirline giants rally behind Trump admin’s ‘critical’ plan to overhaul outdated air traffic systems

EXCLUSIVE: The CEOs of four major airlines in the United States are vocalizing support for a key provision in the reconciliation bill in a new video.  The Department of Transportation is heavily advocating for $12.5 billion in funding included in the “One Big Beautiful Bill Act” in order to overhaul the decades-old air traffic control […] ...

White House drops ‘Daddy’s Home’ meme after viral NATO summit momentWhite House drops ‘Daddy’s Home’ meme after viral NATO summit moment

The White House social media team stepped up its meme game with a new spoof on a viral moment from the NATO Summit in which Secretary General Mark Rutte called President Donald Trump “daddy.” A video set to the Usher hit “Daddy’s Home” showed Trump arriving home aboard Air Force One being cheered on by […] ...

Fmr. Trump Secy. of State Pompeo says Iran strike sends message: ‘America is back leading in the world’Fmr. Trump Secy. of State Pompeo says Iran strike sends message: ‘America is back leading in the world’

EXCLUSIVE – Former Secretary of State Mike Pompeo says that last weekend’s U.S. military strike on Iran’s nuclear facilities sent a signal to the world. Pompeo, who served as CIA director and later as the top U.S. diplomat in President Donald Trump’s first administration, said in a national exclusive interview with Fox News Digital that […] ...

Dollar slides to 3-year low on report Trump plans to name next Fed chair earlyDollar slides to 3-year low on report Trump plans to name next Fed chair early

The U.S. dollar sank to its lowest level in three years on Thursday following a report that President Donald Trump is planning to pick his nominee to serve as the next chair of the Federal Reserve early. The Wall Street Journal’s U.S. Dollar Index – which measures the dollar’s strength relative to a basket of 16 foreign […] ...

Top Dem demands answers from Social Security, claiming wait times spiked during DOGE cutsTop Dem demands answers from Social Security, claiming wait times spiked during DOGE cuts

EXCLUSIVE: The top Democrat on the Joint Economic Committee will demand Thursday that the Social Security Administration explain a spike in phone call wait times following the removal of an online tracking tool from its website. New Hampshire Sen. Maggie Hassan wrote to SSA Commissioner Frank Bisignano at agency headquarters in Baltimore with “serious concerns […] ...

Joint Chiefs chair spotlights 44 heroes who defended US base from Iran missile attack: ‘Absolutely crushed it’Joint Chiefs chair spotlights 44 heroes who defended US base from Iran missile attack: ‘Absolutely crushed it’

Chairman of the Joint Chiefs of Staff Gen. Dan Caine revealed details of the young skeleton crew who were left to defend Al Udeid Air Base as they faced an incoming barrage of Iranian missiles on Monday.  “We believe that this is the largest single Patriot engagement in U.S. military history,” Caine said, referring to […] ...

‘No dignity’ in socialism: NYC Mayor Adams announces re-election bid after Mamdani wins Dem primary‘No dignity’ in socialism: NYC Mayor Adams announces re-election bid after Mamdani wins Dem primary

Mayor Eric Adams announced his re-election campaign Thursday on the steps of New York City Hall, surrounded by supporters, union leaders and business partners, while protesters called him a “criminal” from across the park.  Adams was elected as a Democrat in 2021 but chose to run as an independent this year amid low approval ratings […] ...

Salesforce boss reveals the stunning amount of work now handled by AISalesforce boss reveals the stunning amount of work now handled by AI

Salesforce CEO Marc Benioff revealed the software company uses artificial intelligence (AI) technology to perform a good deal of its work.  He told Emily Chang, the host of Bloomberg’s “The Circuit with Emily Chang,” that AI “is doing 30% to 50% of the work at Salesforce now.”  The company has been using AI to automate […] ...

Sam’s Club adds ‘hot baked’ food item to members-only delivery serviceSam’s Club adds ‘hot baked’ food item to members-only delivery service

Sam’s Club is about a month into delivering “hot baked pizza” to members’ doors.  The retail giant, owned by Walmart, said it got into the pizza delivery business following member feedback. “Since launching pizza delivery in late May, we’ve been encouraged by the strong response from members,” a statement from a Sam’s Club spokesperson to […] ...

Congressman calls on Noem, Dr. Oz with plan to ‘swiftly remove’ 1.4 million illegal migrants on MedicaidCongressman calls on Noem, Dr. Oz with plan to ‘swiftly remove’ 1.4 million illegal migrants on Medicaid

Wesley Hunt, R-Texas, sent letters to two key agency heads with a plan to “swiftly” remove roughly 1.4 million illegal immigrants currently receiving Medicaid in the US.  “While Democrats in Congress continue to peddle falsehoods and fear-mongering over so-called ‘Medicaid cuts,’ they conveniently ignore a staggering truth: over 1.4 million illegal aliens are receiving Medicaid benefits, […] ...

Parental rights watchdog exposes left-wing climate group’s strategy to recruit kids for environmental activismParental rights watchdog exposes left-wing climate group’s strategy to recruit kids for environmental activism

FIRST ON FOX: Parental watchdog group American Parents Coalition is sounding the alarm about a left-wing climate advocacy group that they warn could be coming for your kids.  In a new report, published via APC’s parental notification system called “The Lookout,” the parental rights watchdog alleges climate advocacy group Our Children’s Trust (OCT) is “emotionally […] ...

US regulator directs Fannie Mae, Freddie Mac to consider cryptocurrency as an assetUS regulator directs Fannie Mae, Freddie Mac to consider cryptocurrency as an asset

The U.S. housing regulator directed Fannie Mae and Freddie Mac to consider cryptocurrency as an asset for single-family mortgage loan risk assessments.  Federal Housing Finance Agency (FHFA) Director William Pulte said in a social media post on Wednesday that he ordered government-sponsored enterprises, which play a critical role in the home financing industry, to “prepare […] ...

Mortgage rates fall for 4th straight week, lowest since early MayMortgage rates fall for 4th straight week, lowest since early May

Mortgage rates fell for the fourth consecutive week to the lowest level since early May, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage fell to 6.77% from last week’s reading of 6.81%. The average rate on a […] ...

‘The mission was accomplished’: Senate Republicans push back against leaked report on Iran strikes‘The mission was accomplished’: Senate Republicans push back against leaked report on Iran strikes

Senate Republicans pushed back against a leaked report that President Donald Trump’s strikes on Iran did not obliterate the Islamic Republic’s nuclear program, but still wanted more information on the full extent of the damage done to the key facilities. A widely reported “low confidence” assessment from the Defense Intelligence Agency (DIA) suggested that the […] ...

Trump’s energy chief warns US grid ‘reaching its limit’ as administration works to avert ‘train wreck’Trump’s energy chief warns US grid ‘reaching its limit’ as administration works to avert ‘train wreck’

The secretary of America’s energy department has cautioned that the nation’s grid is reaching its limit, arguing Trump administration decisions are actively preventing a disaster. “In my department, we’ve issued four emergency orders just in the last few weeks to stop the closure of reliable plants, so we can keep the lights on and stop […] ...

Drone incursions on US bases come under intense scrutiny as devices prove lethality overseasDrone incursions on US bases come under intense scrutiny as devices prove lethality overseas

FIRST ON FOX: A group of House Republicans is demanding details on how government agencies are addressing the growing threat of unauthorized drone incursions on U.S. military installations.  In letters sent Thursday, the Subcommittee on Military and Foreign Affairs requested a trove of documents and communications from the Departments of Defense (DoD), Transportation (DOT), and Justice […] ...

ICE arrests 100+ Iranian nationals across US amid sleeper cell concernsICE arrests 100+ Iranian nationals across US amid sleeper cell concerns

EXCLUSIVE: Immigration and Customs Enforcement (ICE) arrested 130 Iranian nationals throughout the United States in the last week, and 670 Iranian nationals are in ICE detention, as the Trump administration continues to increase arrests of Iranian nationals in the country illegally amid security concerns. Multiple federal sources confirmed the numbers, as administration officials and national […] ...

Bumble announces major layoffs affecting 30% of employees as company restructuresBumble announces major layoffs affecting 30% of employees as company restructures

Bumble Inc. disclosed Wednesday that it will cut its workforce by 30%. The move comes as the dating app company seeks to realign its operating structure to “optimize execution on its strategic priorities,” Bumble said in a Securities and Exchange Commission (SEC) filing.   Approximately 240 people will lose their jobs in the planned layoffs.  CEO […] ...

Hegseth tears into reporters, alleging they ‘cheer against Trump’ and Iran strikesHegseth tears into reporters, alleging they ‘cheer against Trump’ and Iran strikes

Secretary of Defense Pete Hegseth excoriated reporters at a Pentagon press briefing on Thursday, accusing them of rooting for the failure of President Donald Trump and the military’s recent strikes against Iran’s three key nuclear sites. Hegseth addressed recent media reports citing a leaked low-confidence preliminary report from the Defense Intelligence Agency (DIA) that suggested […] ...

Trump’s ‘big, beautiful bill’ faces setback as Senate rules knock out key Medicaid provisionsTrump’s ‘big, beautiful bill’ faces setback as Senate rules knock out key Medicaid provisions

A controversial change to the Medicaid provider tax rate in Senate Republicans’ version of the “big, beautiful bill” has been knocked out by Senate rules. Senate Budget Committee Democrats announced on Thursday that Senate Parliamentarian Elizabeth MacDonough ruled against a slew of core provisions within President Donald Trump‘s colossal bill, including tweaks to Medicaid that […] ...

Noem uncovers and kills multimillion-dollar, Biden-era DEI, LGBTQ programNoem uncovers and kills multimillion-dollar, Biden-era DEI, LGBTQ program

FIRST ON FOX: Homeland Security Secretary Kristi Noem and the Department of Homeland Security (DHS) uncovered and killed a multimillion-dollar program enacted by the Biden administration that pushed for diversity, equity and inclusion (DEI), and “inclusive environments in schools.” The Invent2Prevent program was originally designed to provide students with tools to prevent terror and violence in their […] ...

White House says Congress debating ‘footnotes’ on ‘Big Beautiful Bill,’ not expecting major changesWhite House says Congress debating ‘footnotes’ on ‘Big Beautiful Bill,’ not expecting major changes

Despite the policy challenges facing President Donald Trump’s “One Big Beautiful Bill,” White House Director of the National Economic Council, Kevin Hassett, was unfazed, telling Fox News Digital on Wednesday that he doesn’t “expect that there’s going to be any issue” with current language in the legislation.  “I think that what’s going on right now is […] ...