FIRST ON FOX – Amazon announced Monday a $20 billion investment in creating artificial intelligence data centers in rural Pennsylvania. It is the largest corporate investment made in Pennsylvania’s history, Amazon’s Vice President of Public Policy Shannon Kellogg told FOX Business. The investment, the first data structure investment of this scale in the Keystone State, […]
The number of job cuts announced in the first five months of 2025 increased 80% from the same period the prior year, according to a new report from Challenger, Gray & Christmas. Employers have announced approximately 696,000 job cuts through May. In 2024, that number was just over 385,000. According to the report, job cuts […]
It is the summer of peaches as fast-food giant Chick-fil-A welcomes back the juicy fruit to its menu. Starting Monday, customers can enjoy the Peach Milkshake, which has returned for its 16th year, as well as the new Peach Frosted Lemonade. “There’s something about the Peach Milkshake that really feels like the start of summer, […]
President Donald Trump has now raised steel tariffs to 50% from 25%. This increase is absolutely essential to protecting the U.S. steel industry and America’s national security. This decision comes not a moment too soon. As global steel overcapacity reaches dangerous new heights and import surges hammer American producers, the original 25% tariffs under Section 232 are no longer […]
U.S. home listing prices hit an all-time high, signaling a potential shift toward a buyers’ market, according to industry experts. In total, the value of homes in the U.S. rose 20.3% from a year ago, reaching a record $698 billion, according to a recent report from the real estate firm Redfin. The increase was driven […]
Treasury Secretary Scott Bessent has accused California’s Gov. Gavin Newsom of threatening to commit tax evasion after he threatened to stop paying the “over $80 BILLION” in taxes the state pays to the federal government. Newsom’s threat comes amid President Donald Trump’s vow to impose large-scale fines on the state of California for allowing a […]
Office of Management and Budget director Russ Vought defended the Trump administration’s sweeping economic package on Sunday, pushing back on concerns it could balloon the national debt. Vought called it a “paramount fiscally responsible bill” and said the White House remains confident it will pass the Senate and reach President Trump’s desk sometime in July, […]
A set of dumbbells once sold at Costco is now under recall. Johnson Health Tech Trading and the Consumer Product Safety Commission (CPSC) issued the voluntary recall of the BowFlex 552 adjustable dumbbells on Thursday “due to reports that the weight plates can dislodge from the handle during use, posing an impact hazard.” Along with […]
A town in South Florida not far from Palm Beach is drawing luxury homebuyers. Jupiter, situated in northeastern Palm Beach County and well-known for its golf courses, has become a popular place for wealthy individuals to buy homes in recent years, according to real estate experts. Seth Mansfield, an agent with Douglas Elliman and a […]
Disneyland Park is celebrating its 70th anniversary, and the company that started the magic is sharing details about its economic impact in the U.S. Disney parks coast-to-coast generate nearly $67 billion annually and support more than 400,000 direct and indirect jobs, according to a new report prepared by Tourism Economics, a division of Oxford Economics. […]
The Los Angeles home once shared by Ben Affleck and Jennifer Garner has a new owner. After just one week on the market, the Brentwood home the former Hollywood power couple once shared sold for more than the $9.5 million asking price after multiple offers. Garner reportedly purchased the home in 2004 for $5.5 million, […]
The U.S. is “target one” for the Chinese Communist Party, and retired Gen. Jack Keane says that beefing up defenses to stand up against the threat should be high on the list of priorities. “China is conducting the most comprehensive penetration of our society since we were formed 250 years ago, 249 years now, and […]
EXCLUSIVE: Live Nation Entertainment is investing $1 billion to build new and revitalized live music venues in an effort to bring more big shows to smaller cities across the nation, Fox News Digital has learned. The investment comes after President Donald Trump‘s March executive order targeting ticket scalpers and strengthening protection for artists and their […]
McDonald’s recently added McCripsy Strips to its U.S. menu and, according to one analyst, they might not be hitting the mark with all customers. The fast-food giant first launched the McCrispy Strips in late April, with all participating restaurants across the country selling them by May 5. The company said in an April 24 press […]
The Federal Reserve Bank of New York recently released a survey that found businesses are passing some or all of the cost of higher tariffs onto consumers through higher prices. The New York Fed conducted its survey of businesses in the New York and northern New Jersey region from May 2-9 and found most businesses passed […]
