Business
The IRS recently released updated tax brackets and deduction thresholds for the 2027 tax year, which will affect taxpayers next year. Each year, the IRS adjusts the thresholds used for tax brackets and the various deductions available to taxpayers to account for inflation. The changes will apply to what taxpayers…
The U.S. Consumer Product Safety Commission (CPSC) is recalling more than 3.6 million Little Giant ladders after receiving dozens of reports of injuries, including head trauma and skull fractures. The ladders, according to the recall, have a mechanism called “Rapid Locks” that are designed to be inserted into the ladders’…
Companies operating in California and across the nation face growing pressure to adapt to high overhead and point to local economic conditions as the reason for financial collapse, experts say. “A lot of businesses want to make excuses now,” entrepreneur and FOX Business contributor Marcus Lemonis said Friday during an…
Tesla CEO Elon Musk said that the company is planning to end production of the Cybertruck at Gigafactory Texas around the middle of next year as it reallocates capacity to increase Cybercab production. Musk said late Thursday in a post on his X platform that “Tesla will be winding down…
AMC Entertainment said on an earnings call this week that it has finally recovered from the struggles it experienced in the years following the COVID-19 pandemic. The company struggled with the loss of cash flow due to the pandemic-related movie theater shutdowns and a large debt burden and other headwinds…
Fox Corp. announced on Friday that it completed its acquisition of Roku to expand its streaming presence that already includes Tubi and FOX One. The company’s announcement said the combination of FOX’s live sports, news and local programming with Roku’s open connected TV platform reaching over 100 million households will create “new…
The Nasdaq Composite opened higher on Friday after a sell-off hit artificial intelligence stocks and sent the exchange into correction territory. The tech-heavy Nasdaq rose 1.28%, while the Dow Jones Industrial Average was 474 points, or 0.92% lower. The S&P 500 was up 0.38%.Technology and chip stocks were among those…
This story about the October 2026 jobs report will be updated with further details. The U.S. economy added jobs at a strong pace in October, rebounding from a softer September amid economic uncertainty.What are the findings of the October 2026 jobs report? The Bureau of Labor Statistics on Friday reported that…
On Election Day Tuesday, a majority of Florida voters approved a sweeping property tax cut for homeowners — and the excitement from real estate heavyweights on the ground in Miami was resounding: the Sunshine State just made itself unbeatable. Gathering at The Real Deal Miami Real Estate Forum just hours after…
Asian stock markets plunged Friday as a massive Wall Street sell-off spread overseas, sending major indexes in Japan, South Korea and Taiwan sharply lower. Meanwhile, U.S. stock futures were mixed, with Nasdaq futures climbing approximately 1.3%, signaling a potential rebound for technology stocks following Thursday’s steep declines. Dow futures, however,…