Treasury Secretary Scott Bessent said the Iranian economy is nearing a breaking point Friday, while announcing that the U.S. has seized roughly $1 billion in Iranian cryptocurrency assets. “We have seized about a billion dollars of their crypto,” he told FOX Business. “Just outright grabbed the wallets.”Joining “Kudlow” at the Reagan…

A lounge chair sold on Amazon.com is being recalled after a customer lost a finger while adjusting it, officials said. The chair, made by the company Giantex, poses an “amputation risk” when consumers place their fingers in a pinch point when adjusting the chair, the U.S. Consumer Product Safety Commission…

People may forget that Scott Bessent is probably the strongest wartime Treasury secretary going all the way back, at least to World War II. Through his Economic Fury campaign, he has slowly but surely turned off Iran’s monetary and economic spigots. Not only the blockade of Iranian ports, which has…

American households saving money for their children’s educations can leverage tax-advantaged 529 accounts to make their dollars go further. 529 education savings accounts are typically opened by parents, guardians or grandparents for minor children and allow those savings to grow on a tax-deferred basis, and funds can be withdrawn tax-free…

Costco’s gas stations saw a surge in demand in the most recent quarter as consumers sought out its low-priced gasoline, which helped the company top the market expectations for its third-quarter sales. Costco CEO Ron Vachris noted the “backdrop of ongoing macro uncertainty” has consumers searching out affordable options given…

Americans who are retired or are approaching retirement and are evaluating their investment portfolios can turn to exchange-traded funds (ETFs) that may offer built-in diversification for core holdings or exposure to specific sectors. ETFs are securities that typically track indexes and allow investors to get exposure to a number of companies…

JPMorgan Chase CEO and Chairman Jamie Dimon is offering up details about his one-on-one meeting with New York City’s Democratic Socialist mayor, Zohran Mamdani. “I had a great meeting with Mamdani, meaning it was pleasant, you know, but I said everything I wanted to say,” Dimon told FOX Business’ Maria…

Major League Wrestling (MLW) announced a partnership with Veeps earlier this week, marking the latest free streaming platform the promotion will appear on – joining YouTube and beIN Sports. “MLW Fusion” will debut on Veeps on Saturday with a loaded lineup of professional wrestling without the need of fans having…

So here we are again at the Reagan Library, Simi Valley, California. It is a fabulous, fabulous place. Meanwhile, my first job in politics was the deputy budget director for the Gipper. And to be honest, what I learned during that time in his first term, I’m not sure my…

Meta is rolling out paid subscription plans for Facebook, Instagram and WhatsApp as the company expands premium features and artificial intelligence offerings across its platforms. Meta head of product Naomi Gleit announced the rollout in a video posted Wednesday, describing the subscriptions as part of a broader effort to offer…