The Trump administration is celebrating what it considers a major policy victory after securing a settlement with Columbia University over its handling of antisemitic protests and campus unrest over the past two years. Secretary of Education Linda McMahon called the agreement a “legacy achievement” on “Mornings with Maria” on Thursday. “This is a monumental victory […]
Rite Aid, which filed for bankruptcy protection twice in less than two years, is shuttering dozens of additional stores from its existing portfolio. A bankruptcy court in New Jersey approved an order earlier this month allowing Rite Aid to move forward with plans to close 114 additional stores and sell its assets as part of […]
UnitedHealth Group announced Thursday that it is under an investigation by the Department of Justice over the insurance company’s Medicare billing practices. UnitedHealth says it proactively reached out to the DOJ following a February report from the Wall Street Journal that first indicated the DOJ was launching a probe. The company says it is fully […]
President Donald Trump issued a Truth Social post on Wednesday morning in which he persisted in his public campaign to pressure Jerome Powell — chair of the board of governors of the Federal Reserve System — and his colleagues to slash interest rates. “Housing in our Country is lagging because Jerome ‘Too Late’ Powell refuses […]
EXCLUSIVE: Sidney Torres isn’t mincing words when it comes to New Orleans Mayor LaToya Cantrell’s latest move to scrap his company’s trash contract in favor of a $2.1 million more expensive, no-bid deal with a firm he alleges “doesn’t even own any garbage trucks.” “She canceled my contract to declare an emergency,” said Torres, the […]
President Donald Trump’s bid to cancel collective bargaining rights for most federal workers hit a snag on Wednesday after a federal judge ruled against the administration’s lawsuit against government labor unions. Judge Alan Albright of the Western District of Texas issued a 27-page ruling that said the Trump administration lacks the legal standing necessary to […]
Five Australian women who say they were strip-searched after being pulled off of a Qatar Airways flight nearly five years ago have won the right to sue the airline. The ruling was handed down by three Australian appellate judges on Thursday. The women allege they were subjected to invasive examinations to see if they had […]
Social Security’s retirement trust fund is on a path to insolvency in less than a decade, which would leave retirees facing an automatic 24% cut to their benefits if the trust fund is depleted, according to a new analysis. Social Security is funded by a combination of payroll taxes and disbursements from the trust fund, […]
President Donald Trump will visit the Federal Reserve headquarters in Washington, D.C. on Thursday amid his ongoing feud with Fed chair Jerome Powell. Trump is joining a group of administration officials touring the headquarters after it underwent $2.5 billion in renovations. The president for weeks has called on Powell to lower interest rates, but the […]
FIRST ON FOX: Investment firm Azoria Capital filed a federal lawsuit Thursday morning against Federal Reserve Chair Jerome Powell, alleging that the central bank is violating federal transparency laws. The lawsuit, which was filed in the U.S. District Court for the District of Columbia, argues that the Federal Open Market Committee’s (FOMC) closed-door meetings run […]
Uber announced a “Women’s Preferences” on Wednesday that would allow women riders and drivers in the U.S. to only be connected with other women for their trips through the ride-sharing service. The pilot program will begin in the next few weeks in Los Angeles, San Francisco, and Detroit. The company does not yet have a […]
There’s a big help wanted sign for truck drivers. The American Truck Associations says the country needs about 60,000 more drivers. The association states that some of the biggest causes of the trucking shortage are people aging out of the workforce and difficulties finding qualified drivers. Instead of addressing these issues, autonomous vehicle company Gatik […]
TD Bank has directed employees to work in the office four days a week starting this fall, according to a memo from the company. Executive-level staff at the bank will be required to work from the office at least four days a week starting Oct. 6, and non-executive employees must follow the same requirement by […]
Skydance Media informed the Federal Communications Commission (FCC) it would eliminate diversity, equity, and inclusion (DEI) initiatives and install an ombudsman to crack down on perceived bias within CBS News once a long-planned merger with Paramount Global is approved. Skydance and Paramount, which is the parent company of CBS, have agreed to a multi-billion-dollar merger […]
Tech giant Microsoft on Tuesday said that three groups of China-based hackers were behind an ongoing cyberattack on its SharePoint file-sharing system. The Microsoft Security Response Center first published a blog about the attack against on-premises SharePoint servers on July 19, explaining that the attackers exploited vulnerabilities related to spoofing and remote code execution. SharePoint is […]
As conservatives continue to deal with the dangers of being “debanked” for their political beliefs, conservative finance group “Coign” is launching a new savings alternative they say will both enable customers to meet their financial goals while also helping with “rebuilding America.” A financial technology (fintech) company founded with the express purpose of catering to […]
OpenAI CEO Sam Altman warned Wall Street executives that bad actors could exploit digital voice ID authentication to defraud consumers by enabling large money transfers, creating what he describes as an imminent fraud crisis. “I am very nervous that we have an impending, significant fraud crisis,” Altman said during a banking regulatory conference hosted by […]
New York State Assemblyman Zohran Mamdani’s victory in the Democratic primary for the New York City mayoral race is the latest example of the rise of progressive socialist policies in Democrat-led cities. Mamdani is a member of the Democratic Socialists of America (DSA) and has made socialist policies a cornerstone of his platform, from implementing a […]
Saudi Arabia in June was the top purchaser of Russian seaborne fuel oil as summer temperatures spiked and energy consumption soared, according to data collected by the London Stock Exchange Group (LSEG). Though Saudi Arabia is known for being a major oil producer, fuel oil is used for its power generation, which peaks during the […]
Restaurant chains will be giving away free chicken next week, and customers can take advantage. Sunday is National Chicken Finger Day, a holiday Raising Cane’s takes credit for starting 16 years ago. Customers who purchase a box combo can get a free chicken finger at the fast-casual chain on July 27. “No code or coupon […]
Target is dropping its price-matching policy with rivals Walmart and Amazon after more than a decade as the company aims to reposition itself amid slowing sales and competitive pressure. Under its new Price Match Guarantee policy, taking effect July 28, customers of the Minneapolis-based retail giant will be able to price match other Target products […]
Name, image, and likeness deals have run rampant in college sports, and it’s gotten to the point where Capitol Hill is involved. Coaches and conference commissioners have met with political leaders – Nick Saban has even discussed the matter with President Donald Trump. GOP Senate Majority Leader John Thune, R-S.D., said he is ready to […]
The debut of McDonald’s snack wrap earlier this month triggered so much unexpected demand that it temporarily depleted its lettuce supplies. Less than a week after the Snack Wrap, fried chicken strips rolled in a tortilla, returned to menus, McDonald’s sent notices to U.S. franchisees to hold off on adding shredded lettuce to its McChicken […]
Coca-Cola’s plan to launch a soda sweetened with cane sugar later this year is a welcome boon to the small sugarcane economy in the U.S., one industry expert told FOX Business. The beverage giant announced during its earnings report on Tuesday that it plans to launch a new product made with real sugar as soon […]
Childhoods will be revisited this Friday when “Happy Gilmore 2” hits Netflix, and it has a star-studded cast. Adam Sandler and Christopher McDonald reprise their roles as Happy Gilmore and Shooter McGavin, and many others from the original make their returns. However, those aren’t the stars many are talking about. The long-awaited sequel features numerous […]
President Donald Trump’s signature tax cuts and spending package is driving what the administration is calling a “capex comeback” as businesses utilize provisions in the new law to invest in areas that will drive productivity growth into the future. Trump, Treasury Secretary Scott Bessent and Republican lawmakers included a provision in the One Big Beautiful Bill […]
