Federal Reserve Chair Jerome Powell on Tuesday said that the central bank has held off on cutting interest rates due to concerns about tariff-induced price hikes on consumers, adding that the Fed likely would’ve cut rates this year if not for those tariff worries. Powell participated in a panel discussion about monetary policy at the European […] ...
Tag: marketing
SALT deduction will do ‘nothing for 90% of US taxpayers,’ economists saySALT deduction will do ‘nothing for 90% of US taxpayers,’ economists say
One of the thorniest points emerging in President Donald Trump’s massive tax and spending bill is the state and local tax deduction, also known as SALT. In the “big beautiful bill,” there is a provision that will temporarily lift the SALT deduction from $10,000 to $40,000 for households with an income of $500,000 a year. The SALT […] ...
Notorious hacker group sets sights on airline industry in alarming security threatNotorious hacker group sets sights on airline industry in alarming security threat
The notorious cybercriminal group dubbed “Scattered Spider” is now targeting the airline sector, the Federal Bureau of Investigation (FBI) warned. The FBI posted on X that the group relies on “social engineering techniques, often impersonating employees or contractors to deceive IT help desks into granting access” and frequently involves methods to bypass multifactor authentication (MFA), […] ...
Labor secretary unveils unprecedented plan to slash 63 ‘outdated and burdensome’ rulesLabor secretary unveils unprecedented plan to slash 63 ‘outdated and burdensome’ rules
FIRST ON FOX: The Department of Labor is proposing 63 deregulatory actions, including several related to cutting back on diversity, equity and inclusion efforts, building on 37 similar actions taken during the first Trump administration by the department. “One of President Trump’s very first actions was directing his cabinet to dismantle the mountain of outdated […] ...
Trump’s ‘big, beautiful bill’ has been handed a major victory, legal watchdog group saysTrump’s ‘big, beautiful bill’ has been handed a major victory, legal watchdog group says
The complete expulsion of an artificial intelligence (AI)-related amendment in President Donald Trump’s “big, beautiful bill” is supposedly a big win for American families, businesses and the administration itself, according to one legal watchdog group. “The removal of the 10-year and 5-year AI moratorium from Trump’s bill is a major victory,” Article III Project President […] ...
Caitlin Clark’s new shoes sell out within minutes, reselling on secondary market for over doubleCaitlin Clark’s new shoes sell out within minutes, reselling on secondary market for over double
It was rumored that 13,000 pairs of Caitlin Clark’s new Nike basketball sneakers were being sold on June 30 – and they were gone before people could even add them to the cart. A Nike rep told FOX Business that the Kobe Bryant-themed sneakers were out of stock “in minutes.” Clark last year signed an […] ...
How the GOP’s ‘big, beautiful bill’ affects Pell Grant eligibility, fundingHow the GOP’s ‘big, beautiful bill’ affects Pell Grant eligibility, funding
Republicans’ so-called “one big, beautiful bill” package of tax cuts and spending provisions would aim to address a shortfall in the Pell Grants program, as well as expand access to the program for students enrolled in workforce education programs. The federal Pell Grant program is designed to provide low-income students with funding to enroll in post-secondary education […] ...
Why Justice Jackson is a fish out of water on the Supreme CourtWhy Justice Jackson is a fish out of water on the Supreme Court
Much has been written in recent days about the war of words between Supreme Court justices Amy Coney Barrett and Ketanji Brown-Jackson in the opinions handed down in Trump v. Casa, Inc., the case involving an injunction issued in a case challenging birthright citizenship. But as I pointed out in a Post on X Friday […] ...
Buc-ee’s opens two new locations in South Atlantic area this week as expansion continuesBuc-ee’s opens two new locations in South Atlantic area this week as expansion continues
Two new Buc-ee’s locations debuted this week as the popular travel center chain continues to increase locations across the country. Buc-ee’s launched a new travel center in Brunswick, Georgia, on Tuesday, just a day after a location in Mount Crawford, Virginia, officially opened its doors to customers for the first time, according to X posts […] ...
Lululemon accuses Costco of selling knockoffs of its popular athletic apparelLululemon accuses Costco of selling knockoffs of its popular athletic apparel
Lululemon is suing Costco over claims that the wholesaler is selling “knockoffs” and “dupes” of its popular athletic apparel at lower prices. Lululemon accused Costco in the lawsuit of having “unlawfully traded” on its “reputation, goodwill and sweat equity by selling unauthorized and unlicensed apparel” that uses knockoff, infringing versions of its patents. “As an […] ...
FTC declares July as ‘Made in the USA’ monthFTC declares July as ‘Made in the USA’ month
The Federal Trade Commission (FTC) is making July “Made in the USA” month. FTC Chairman Andrew Ferguson announced the move on Tuesday as the month of July officially gets underway and the Fourth of July holiday rapidly approaches. The FTC is seeking to educate businesses and American consumers about Made in the USA standards, celebrate […] ...
Treasury secretary says Senate moving toward vote on Trump’s megabill today despite Democrat resistanceTreasury secretary says Senate moving toward vote on Trump’s megabill today despite Democrat resistance
The Senate is “moving toward a vote today” on President Donald Trump’s megabill despite Democrats’ efforts to halt “momentum,” Treasury Secretary Scott Bessent told “Fox & Friends” on Tuesday. The Trump official sat down with co-host Brian Kilmeade shortly after speaking with Capitol Hill leaders regarding the “big beautiful bill,” currently simmering in the Senate […] ...
The American dream slips further away as younger adults retreat to parents’ homesThe American dream slips further away as younger adults retreat to parents’ homes
Homeownership has long been considered a cornerstone of the “American dream” as it symbolizes the ability to build wealth and ensure long-term financial stability. Today, that dream is slightly changing as younger generations opt to rent or stay at home with their parents longer than ever before. It’s a consequence of the affordability crisis that […] ...
DAN GAINOR: The good, the bad, and the absurd: June’s wildest political moments and celebrity meltdownsDAN GAINOR: The good, the bad, and the absurd: June’s wildest political moments and celebrity meltdowns
June was a wild month. We had the good June – June Lockhart of “Lassie” and “Petticoat Junction” turning 100 (Salute!). Then, there was the bad June – riots in LA, military action in Iran and a socialist winning the Democratic mayoral primary in New York, New York (no longer my kind of town). The […] ...
Amazon Prime members brace for sticker shock as analysts predict imminent price hikeAmazon Prime members brace for sticker shock as analysts predict imminent price hike
The cost of an Amazon Prime membership could potentially rise next year, according to Wall Street analysts. J.P.Morgan analyst Doug Anmuth said last week in a research note that the bank thinks the Seattle-based e-commerce giant could raise the price of its popular Amazon Prime membership in 2026. Amazon has charged an annual fee of […] ...
Social Security insolvency could speed up with illegal immigration crackdownSocial Security insolvency could speed up with illegal immigration crackdown
A new report warns that a side effect of the Trump administration’s push to crack down on illegal immigration could further weaken Social Security’s finances and speed up its insolvency. Social Security’s main trust funds, when considered together, are on pace to be depleted in 2034, according to a recent analysis by Social Security’s trustees. Once […] ...
House Democrats target GOP over price of groceries ahead of July 4th holidayHouse Democrats target GOP over price of groceries ahead of July 4th holiday
FIRST ON FOX: With many Americans about to hold picnics or barbecues with families and friends over the upcoming July 4th holiday weekend, the House Democrats’ campaign arm is taking aim at rival Republicans over what it says is the rising cost of groceries. The Democratic Congressional Campaign Committee (DCCC) on Tuesday launched www.HouseRepublicanPriceHike.com, a […] ...
SEN ALEX PADILLA: JD Vance and Trump personify political theater. And we’re watching their biggest act yetSEN ALEX PADILLA: JD Vance and Trump personify political theater. And we’re watching their biggest act yet
Last month, Vice President JD Vance visited Los Angeles. No, not to better coordinate with local law enforcement frustrated after the dangerous lack of communication coming from the Trump administration as they keep Marines and National Guardsmen in Los Angeles. Instead, the vice president came to escalate a crisis of President Trump’s own making and […] ...
WWE Night of Champions in Saudi Arabia hits viewership milestoneWWE Night of Champions in Saudi Arabia hits viewership milestone
WWE Night of Champions was filled with surprises as John Cena thwarted Seth Rollins’ cash-in attempt, Cody Rhodes and Jade Cargill were crowned King and Queen of the Ring, and the Bloodline faction received a new member. The event took place in Riyadh, Saudi Arabia, in front of a packed house at the Kingdom Arena. […] ...
Tisha Alyn aims to ‘create a new era of women’s golf’ with her brandTisha Alyn aims to ‘create a new era of women’s golf’ with her brand
Golf influencer Tisha Alyn has gone all in on her career as a media personality in a sport that is just as competitive on the course as it is off of it. Alyn’s brand is called ALYN, pronounced “all in” and based on her last name. She told Fox Business in a recent interview she […] ...
Nvidia insiders dump more than $1 billion in stock: reportNvidia insiders dump more than $1 billion in stock: report
Insiders at tech giant Nvidia have offloaded more than $1 billion in shares in the last year amid the stock’s rapid rise due to the artificial intelligence (AI) boom. The Financial Times reported that over $500 million in stock sales have occurred in the last month as Nvidia shares reached record highs, bringing the total value of […] ...
Experts say Medicaid changes in ‘big, beautiful bill’ are ‘common sense’ for healthcare policyExperts say Medicaid changes in ‘big, beautiful bill’ are ‘common sense’ for healthcare policy
Medicaid, the insurance program for low-income and disabled Americans, is proving to be a sticking point in getting President Donald Trump‘s colossal spending bill over the finish line. Republican lawmakers, who are facing a self-imposed July 4 deadline, proposed restructuring the program that provides coverage for more than 70 million people. A new work requirement, […] ...
Costco quietly unveils a major perk that has shoppers racing to upgrade membershipsCostco quietly unveils a major perk that has shoppers racing to upgrade memberships
Costco officially rolled out new shopping hours for its U.S. executive members on Monday. The new hours enable Costco executive members to squeeze in some morning shopping before the company’s U.S. warehouses let in people with Gold Star or business memberships. Under the newly-implemented “Executive Member Shopping Hours,” those that belong to the $130-per-year membership […] ...
Mamdani’s public grocery stores may have devastating effects on city’s food supplyMamdani’s public grocery stores may have devastating effects on city’s food supply
Economists and business leaders are sounding alarms over New York City mayoral candidate Zohran Mamdani’s plan to roll out city-owned grocery stores that he says will lower food costs. “You don’t lower grocery bills by having government-run stores,” Ryan Bourne, a top economist at the libertarian leaning Cato Institute think tank, told Fox Business. “Government-run […] ...
Trump sends ‘Mr. Too Late’ Jerome Powell fiery note spelling out interest rate failures costing US a ‘fortune’Trump sends ‘Mr. Too Late’ Jerome Powell fiery note spelling out interest rate failures costing US a ‘fortune’
President Donald Trump sent a note to Federal Reserve Chair Jerome Powell Monday showing how other nations across the world have lower interest rates compared to the U.S. as the president continues accusing the Fed chair of keeping interest rates “artificially high.” “‘Jerome, you are, as usual, too late. You have cost the USA a […] ...