Business
The federal government’s annual budget deficit reached $2 trillion after the first 11 months of fiscal year 2026, the nonpartisan Congressional Budget Office (CBO) reported. The CBO’s monthly budget update for August noted that the 11-month deficit total was $6 billion lower than the same period last year, though it…
Ford announced Thursday that it’s planning to expand its manufacturing presence in Kentucky with a $1 billion investment in a new state-of-the-art paint shop at its Kentucky Truck Plant. The investment will allow for the construction of a new paint shop, which will replace its existing paint shop and further…
Evergreen Fresh Sprouts LLC on Thursday announced it’s recalling over 200 cases of broccoli sprouts over concerns they may be contaminated with salmonella, according to the Food and Drug Administration (FDA). Evergreen said it’s recalling 215 cases of broccoli sprouts, each of which includes six four-ounce bags per case, because…
I think I speak for a lot of women when I say that when you’re eight months pregnant, all you want to do is sleep. And when you work the hours that I was working on the morning of Sept. 11, 2001, you dream about sleep.At the time, I was…
A nationwide healthcare uniform retailer is shutting all of its brick-and-mortar retail stores, the company said. A message on the Scrubs & Beyond website reads: “All Retail Stores Closing.” No other explanation was given. The company sells nurse scrubs and uniforms from top brands, including its own Beyond Scrubs line.119-YEAR-OLD…
Billionaire businessman John Catsimatidis is warning that foreign adversaries will do “anything” to weaken President Donald Trump, while also voicing disappointment with Canadian Prime Minister Mark Carney. Catsimatidis joined FOX Business’ Cheryl Casone on “Mornings with FOX Business” to discuss national security concerns on the 25th anniversary of the September…
Former Federal Reserve Chair Jerome Powell has reportedly sold a waterfront Maryland estate for $7.2 million. The six-bedroom, eight-bathroom home on Gibson Island changed hands in an off-market sale on Aug. 4, less than three months after Powell concluded his eight-year term as chair of the Federal Reserve, Realtor.com reported,…
Texas is emerging as the newest battleground in the fight for corporate America. As the Texas Stock Exchange lands commitments for its first major corporate listings, New York Stock Exchange President Lynn Martin is pointing to the Lone Star State’s “pro-business environment” as a major reason companies continue to flock…
Asked about President Donald Trump’s proposal to dole out $5,000 to every adult American if Republicans win both chambers of Congress during the midterm elections, Florida Gov. Ron DeSantis warned that borrowing to spend would cause more inflation. “What I would say is, if you are getting surplus revenue, you…
Inflation remained elevated in August even as the pace of consumer price growth from a year ago remains elevated, as the Federal Reserve considers a potential interest rate hike next month. The Bureau of Labor Statistics (BLS) said on Wednesday that the consumer price index (CPI) – a broad measure of…
