The Treasury Department has identified approximately $270 million in suspicious financial activity potentially linked to fraud targeting federal student aid programs, the agency told FOX Business exclusively. Treasury’s Financial Crimes Enforcement Network (FinCEN) has referred the findings to federal investigators for further review. The referrals are part of the Trump…

United Airlines CEO Scott Kirby is calling for a national wealth tax and inheritance taxes approaching 100% for certain estates, arguing that growing wealth inequality poses a threat to American society. Kirby made the remarks when asked about declining public trust in corporate executives during an interview with The New…

The Transportation Security Administration is keeping its Gateside airport access program limited to just 13 airports, despite a previously announced expansion that would have allowed eligible visitors without airline tickets to pass through security at hundreds of locations nationwide. The program — known as Gateside by TSA PreCheck — allows…

The Trump administration is putting up to $42 million in federal funding behind efforts to revive a long-stalled natural gas pipeline connecting Pennsylvania’s Marcellus Shale with energy markets in New York and the Northeast. The Department of Energy announced Monday that the funding, provided under Title III of the Defense…

Elon Musk has pledged to give every child in America one share of SpaceX next year, signaling that the planned giveaway could be the first of several. “Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many,” he…

Shoppers in several states are being urged to check their refrigerators after Family Farmstead Dairy recalled a batch of raw cheddar cheese that may be contaminated with potentially dangerous strains of E. coli. The Worcester, New York-based company is recalling its Family Farmstead Dairy Raw Mild Cheddar Cheese with the…

DALLAS — Every fall, the State Fair of Texas transforms into America’s test kitchen for deep-fried imagination, where fried cheesecakes, bacon-wrapped creations and gravity-defying desserts compete for fairgoers’ attention. But behind the over-the-top dishes are months of recipe testing, thousands of dollars in development and a competition that can turn…

Costco is expanding its diaper selection with a new premium brand, but as of now, shoppers won’t find it in the retailer’s warehouses. The warehouse club is now offering Kudos diapers exclusively online, with prices starting at $47.99 per package, giving parents who make their purchases through the company’s website…

Nothing Bundt Cakes CEO Dolf Berle said that some of the biggest lessons shaping his leadership came long before he reached the C-suite – including from his first job on a dairy farm. Berle told FOX Business that the “discipline around success routines” he learned through dairy farming still influences…

President Donald Trump’s decision to waive new sanctions on Russia is drawing sharp criticism from Republicans and Democrats alike, with several prominent GOP figures warning that the move could embolden Russian President Vladimir Putin as Moscow continues its war against Ukraine. Trump signed an executive order Friday waiving key Russia-related…