Business
President Donald Trump unloaded on Federal Reserve Chairman Jerome Powell on Wednesday, threatening to fire him over his alleged “incompetence” if he fails to leave his position. “I’ve held back firing him. I’ve wanted to fire him, but I hate to be controversial, you know?” the president told FOX Business’…
The tax filing deadline for 2025 tax returns is here, with taxpayers having until just before midnight on April 15 to file their returns or request an extension. Last-minute tax filers racing against the clock to get their return filed ahead of the IRS deadline will want to be systematic…
Sen. Jim Justice, R-W.Va., and his family are suing to block what they describe as an attempt to take control of their historic Greenbrier resort after a hotel-affiliated investor acquired hundreds of millions of dollars in their debt. In a complaint filed in Greenbrier County Circuit Court, Justice, his family…
Kevin Warsh would enter the world’s most powerful central bank with a fortune of at least $131 million, according to financial disclosures released Tuesday – an amount that would make him the wealthiest chair in the Federal Reserve’s history. The U.S. Office of Government Ethics released his nearly 70-page financial…
The Trump administration is sending letters to banks in four areas about handling Iranian money. The letter obtained by FOX Business says the Treasury Department has evidence that banks in Oman, the UAE, Hong Kong and China have allowed Iranian funds used for illicit activities to be funneled through them.A…
Changpeng Zhao, better known as CZ, is a survivor. A childhood of poverty in China. Flipping hamburgers to pay his way through college before the self-described computer nerd entered the cutthroat world of high-frequency trading.Soon came his nascent bet on something called bitcoin, the first and most popular decentralized digital…
The White House released a study on Monday that found diversity, equity and inclusion (DEI) policies hinder productivity by leading to inefficient management that undercuts economic growth. The authors of the report used federal data broken down by industry, state and year to track the representation of Black, Hispanic and…
Former U.S. Treasury Secretary Hank Paulson said the United States’ upcoming meeting with China may not happen if the war in Iran continues, as Beijing grows increasingly dissatisfied with the U.S.’ aggressive military campaign. President Donald Trump is set to meet with Chinese President Xi Jinping in May for high-stakes…
There’s a whiff of optimism in the air following President Trump’s decision to blockade Iran’s oil and money in order to bankrupt them and starve the regime out of power. Of course, Democrats oppose everything the president does, so they’re not on board. Yet the financial markets are looking much…
Mercedes-Benz recalls over 24,000 vehicles due to drive shaft defect that could cause sudden failure
Mercedes-Benz is recalling more than 24,000 vehicles due to an issue with the drive shaft universal joint, which may unexpectedly break, according to the National Highway Traffic Safety Administration (NHTSA). The recall affects various Mercedes models as documents shared by the NHTSA say that a broken joint can lead to…













