President Donald Trump is hosting a White House event on Monday touting a policy in the One Big Beautiful Bill Act that would create investment accounts seeded with $1,000 for all newborn U.S. citizen children. The event is expected to be attended by the CEOs of several firms who plan to contribute to the accounts on […] ...
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Rioters set Waymo self-driving cars on fire, company suspends downtown LA serviceRioters set Waymo self-driving cars on fire, company suspends downtown LA service
Waymo, a subsidiary of Google parent company Alphabet, is temporarily removing its autonomous cars from downtown Los Angeles after rioters set some of the vehicles on fire in response to federal immigration raids. Waymo said it quickly removed its autonomous vehicles from downtown L.A. and “will not be serving that area for the time being […] ...
Warner Bros. Discovery announces major corporate restructuring to separate streaming from cableWarner Bros. Discovery announces major corporate restructuring to separate streaming from cable
Warner Bros. Discovery announced Monday that it will split into two companies by separating its studios and streaming business from its cable TV networks. The parent company of HBO and CNN is splitting into two firms to help it better compete in streaming, as the move is expected to give WBD’s streaming unit more room to scale […] ...
FAA to continue capping flights at Newark airport through end of yearFAA to continue capping flights at Newark airport through end of year
The Federal Aviation Administration said it will continue to cap the number of flights in and out of Newark Liberty International Airport through the end of the year to ensure safety and limit travel disruptions. Starting Monday, arrivals and departures will be limited to 28 each per hour during airport construction on weekends between September […] ...
Expert reveals America’s ‘secret weapon’ against long-term competition with ChinaExpert reveals America’s ‘secret weapon’ against long-term competition with China
There are two likely outcomes of the looming trade talks between the U.S. and China, but only one “secret weapon” to hedge against long-term competition with the growing adversary, according to one foreign policy expert. “It’s going to be a test of the two different theories put forward in our country about how weak China […] ...
Amazon announces $20B investment in rural Pennsylvania for AI data centersAmazon announces $20B investment in rural Pennsylvania for AI data centers
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, […] ...
Summertime favorite returns to Chick-fil-A for 16th yearSummertime favorite returns to Chick-fil-A for 16th year
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, […] ...
Joann, Macy’s, other store closures part of a 274% spike in retail layoffs in 2025Joann, Macy’s, other store closures part of a 274% spike in retail layoffs in 2025
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 […] ...
PETER NAVARRO: Trump’s 50% steel tariff is a necessary shield for American industryPETER NAVARRO: Trump’s 50% steel tariff is a necessary shield for American industry
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 […] ...
Home sellers face harsh new reality as listings hit record $698B valueHome sellers face harsh new reality as listings hit record $698B value
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 […] ...
Bessent condemns Newsom’s ‘dangerous’ threat to withhold $80B in federal taxes amid trans athlete controversyBessent condemns Newsom’s ‘dangerous’ threat to withhold $80B in federal taxes amid trans athlete controversy
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 […] ...
Trump’s budget chief says ‘big beautiful bill’ could actually reduce ‘deficits and debt’ by $1.4 trillionTrump’s budget chief says ‘big beautiful bill’ could actually reduce ‘deficits and debt’ by $1.4 trillion
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, […] ...
Exercise item sold at Costco recalled after more than 100 injuries reportedExercise item sold at Costco recalled after more than 100 injuries reported
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 […] ...
The new Palm Beach? Jupiter, FL, is drawing luxury homebuyersThe new Palm Beach? Jupiter, FL, is drawing luxury homebuyers
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 […] ...
Disney celebrates major milestone while showcasing impact on US economyDisney celebrates major milestone while showcasing impact on US economy
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. […] ...
Ben Affleck and Jennifer Garner’s former LA home sells for more than $9.5M asking priceBen Affleck and Jennifer Garner’s former LA home sells for more than $9.5M asking price
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, […] ...
Retirement contribution limits will rise in 2019Retirement contribution limits will rise in 2019
<div>Good news retirement savers: The Internal Revenue Service announced cost of living increases to the contribution limits for retirement-related plans in 2019.</div> ...
Real estate tycoon rips Fed Chair Powell for doing ‘more damage’ to housing marketReal estate tycoon rips Fed Chair Powell for doing ‘more damage’ to housing market
As the U.S. continues to face challenges with its housing market, one real estate tycoon is pointing the finger at Fed Chair Jerome Powell for the industry’s downfall. Grant Cardone, the CEO of Cardone Capital, argued that Federal Reserve Chairman Jerome Powell “caused” the country’s “housing crisis” during his appearance on “Mornings with Maria” on […] ...
Gen. Keane warns China conducting ‘most comprehensive penetration’ of US society in our 250-year historyGen. Keane warns China conducting ‘most comprehensive penetration’ of US society in our 250-year history
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 […] ...
Trump order to stop ‘exploitative ticket scalping’ clears way for $1B Live Nation new music venues investmentTrump order to stop ‘exploitative ticket scalping’ clears way for $1B Live Nation new music venues investment
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 McCrispy Strips receive mixed reviews as analysts question impact on upcoming Snack WrapMcDonald’s McCrispy Strips receive mixed reviews as analysts question impact on upcoming Snack Wrap
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 […] ...
Consumers are paying the costs for Trump’s tariffs: New York FedConsumers are paying the costs for Trump’s tariffs: New York Fed
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 […] ...