Business
The U.S. Treasury Department’s newly launched Operation Economic Outcast against Iran could take anger toward the regime to a “boiling point” and force Tehran into the one situation it “fears the most,” experts tell FOX Business. The aggressive strategy, labeled as an “Economic D-Day” and initiated under the direction of…
One of the country’s largest fast-food chains has reclaimed its “throne” as the nation’s No. 2 burger chain, with Burger King betting that better food without higher prices can keep cost-strained customers coming through the door. “You can outrun costs with traffic if you’re building your business and that’s what…
Meta has agreed to pay as much as $17.1 billion to settle claims that the tech giant designed Facebook and Instagram to addict children and misled the public about the platforms’ safety. The deal, disclosed in court papers on Wednesday, resolves claims brought by 29 states and averts one of…
This story about the July 2026 PCE inflation report will be updated with further details. The Federal Reserve’s preferred inflation gauge rose slightly in July as the pace of price growth remained well above the central bank’s target ahead.The Commerce Department on Wednesday reported that the personal consumption expenditures (PCE) index rose…
EXCLUSIVE: Just two weeks after the Florida Chamber of Commerce launched a viral Times Square ad crowning New York City Mayor Zohran Mamdani as Florida’s “Economic Developer of the Year,” corporate decision-makers are answering the call. In an exclusive interview with Fox News Digital, Florida Chamber President and CEO Mark…
Nate Baxter spent much of his career in technology. Now, just weeks into his tenure as CEO of ScottsMiracle-Gro, he’s betting that artificial intelligence, e-commerce and faster product innovation can help reshape one of America’s biggest lawn and garden companies. “I’ve told this company that we need to behave more…
A snack company is recalling certain lots of donuts after an allergic reaction was reported, the U.S. Food and Drug Administration (FDA) said Monday. The Better Bakehouse Snack Company said select lots of Donutful Chocolate Dipped Vanilla Cake Donuts were being recalled because the product may contain undeclared milk.The manufacturer…
Accounting firm Deloitte agreed to pay $21.5 million to settle Department of Justice allegations that it violated the False Claims Act by failing to comply with anti-discrimination requirements in federal contracts and discriminating on the basis of race or sex, the department announced Tuesday. The settlement resolves allegations that Deloitte violated the False…
Dick’s Sporting Goods on Tuesday revised its 2026 outlook and warned of weakening consumer demand for athletic apparel and footwear. The sports apparel and footwear retailer’s stock declined over 29% during Tuesday’s trading session, on pace for a record one-day percentage drop if the losses hold, after it also missed…
Chrysler has recalled nearly 75,000 SUVs over a manufacturing defect that could cause certain parts to break loose while driving, creating unexpected road hazards and significantly increasing the risk of a crash, according to federal regulators. Nearly 74,578 Dodge Durango vehicles from the 2021-2023 model years are affected by the…