Business
America needs to invest in the people who “build things” or risk falling further behind global competitors, Ford CEO Jim Farley warned Wednesday. Speaking at Ford’s Accelerate event in Detroit, Farley said the U.S. has underinvested in the “essential economy” — industries such as construction, manufacturing, energy, transportation, logistics and…
A Utah beverage company is recalling more than 77,000 cans of 7UP Tropical after some packages labeled as zero-sugar soda were found to contain the full-sugar version of the drink. Admiral Beverage Corporation initiated the voluntary recall on Aug. 20, according to a U.S. Food and Drug Administration enforcement report.…
Companies in the private sector added 90,000 jobs in September, payroll processing firm ADP said in its latest report on Wednesday. The figure is above economists’ estimates of a gain of 70,000 jobs and up from the prior month’s revised 36,000 payrolls.”It’s a strong report,” said ADP chief economist Nela…
A trade policy expert said shoppers may be able to expect modest price relief as the holiday season approaches after President Donald Trump and Chinese President Xi Jinping struck a deal to reduce tariffs on $30 billion worth of non-sensitive goods, including household goods and toys. Clark Packard, a research…
Cold weather is approaching and the U.S. is projected to have record-setting production of natural gas and healthy storage levels to help protect the market against possible shifts in winter weather that could otherwise strain supply and squeeze consumers. FOX Business exclusively viewed the Natural Gas Supply Association’s (NGSA) 2026-27…
Things happen when you least expect it. How about the dissolution of Iran? We know their currency is worthless. It’s now 2.5 million per dollar. This, according to the retired lieutenant general, Keith Kellogg, suggests a disaster on a par with the hyperinflation of Germany’s Weimar Republic in the 1920s.…
Hedge fund billionaire Ken Griffin is making the largest individual gift in higher education history, donating $3 billion to Carnegie Mellon University to expand its Pittsburgh campus and build a new campus in Miami. The Citadel founder and CEO’s gift includes $1 billion for Carnegie Mellon’s Pittsburgh campus, including $500…
The inspector general’s investigation into the Federal Reserve’s costly renovation project determined that there was no administrative misconduct after the cost overruns prompted an investigation of former Federal Reserve Chair Jerome Powell amid criticism from President Donald Trump. The Office of Inspector General for the Federal Reserve’s Board of Governors began…
As Fanatics continues to grow, the global sports giant has faced numerous lawsuits over the past year. The company views them as baseless, opportunistic suits to shake it down in some capacity, and Fanatics hasn’t laid down. It’s been fighting. And winning. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COM Over…
The Federal Reserve’s preferred inflation gauge cooled more than expected but remained elevated well above target in August as consumers continued to face price pressures. The Commerce Department on Wednesday reported that the personal consumption expenditures (PCE) index rose 0.3% on a monthly basis in August and was up 3.4%…
