When Javier Milei entered the race to be Argentina’s president, 108 notable economists said his policies could be a disaster. Three years later, the maverick president continues to prove them wrong. As Argentina’s new president in December 2023, Milei faced an ailing economy due to corruption, inflation, excessive money printing…

A frozen cheese bread product sold at Costco is being recalled over concerns it could be contaminated with salmonella, prompting the retailer to notify customers who purchased the affected items. Champion Foods LLC announced a voluntary recall of certain batches of Motor City Pizza Co. 5 Cheese Bread after learning…

ExxonMobil’s Senior Vice President Neil Chapman issued a stark warning to the public that energy prices may explode upwards in the coming weeks on the same day his company’s board approved moving the company’s corporate structure from New Jersey to Texas.  Speaking at the Bernstein Conference in New York on…

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guardians or grandparents for minor children and allow those savings to grow on a tax-deferred basis, and funds can be withdrawn tax-free…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…