President Trump’s remarkable half-hour news gaggle covered so much ground and so knowledgeably. I doubt if there’s another president like it in my lifetime that could have done that. Mr. Trump’s message, as I heard it, is that the war in Iran is over. We have destroyed them militarily and…

Food and drink giant PepsiCo is seeing significant gains after lowering prices on its signature snacks and beverages earlier this year to lure back cost-conscious consumers. In February, the company slashed prices by up to 15% on its signature snacks, including Lay’s and Doritos, as Americans tightened their budgets amid…

Allbirds on Wednesday announced that the company will pivot from making sneakers to providing computing infrastructure for artificial intelligence (AI). The San Francisco-based company said it will execute a $50 million convertible financing agreement with an institutional investor to begin acquiring graphics processing units (GPUs), which can be used to…

The head of the International Energy Agency says Europe has “maybe 6 weeks or so jet fuel left” amid shortages due to Iran’s blockade of the Strait of Hormuz, the Associated Press reported Thursday. IEA Executive Director Fatih Birol offered the analysis in an interview, telling the AP that the…

A growing push for higher taxes on wealthy homeowners in New York is intensifying the debate over how far states should go to raise revenue, as policymakers weigh the broader economic impact on investment, housing and taxpayer behavior. FOX Business’ Connor Hansen joined FOX Business’ Stuart Varney on “Varney &…

PepsiCo said Thursday its push to make snacks more affordable is bringing customers back, offering an early sign that consumers are starting to return after pulling back in recent years. The company reported stronger-than-expected quarterly results, with both revenue and profit rising. A notable change came in its North American…

Mortgage rates fell this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage declined to 6.3% from last week’s reading of 6.37%. The average rate on a 30-year loan was 6.83% a year ago.…

Spirit Airlines is facing renewed financial pressure as rising fuel costs threaten to complicate its efforts to exit bankruptcy, adding uncertainty to its restructuring plan, according to reports.  The low-cost carrier, which filed for Chapter 11 bankruptcy protection in late 2024, has been working toward a financial overhaul aimed at…

Meta announced a rollback of its content moderation policies last year in a major shift from what it had done in the past. The Anti-Defamation League (ADL) is warning that the move has not only allowed hateful and even pro-terror content to spread, but has also put a source of…

The Trump administration is turning to automakers and U.S. manufacturers to ramp up weapons production in a World War II-style push, a Pentagon official confirmed to FOX Business. “The Department of War is committed to rapidly expanding the defense industrial base by leveraging all available commercial solutions and technologies to…