President Donald Trump has decided not to extend the USMCA trade agreement and will instead pursue independent trade deals with Canada and Mexico, FOX Business has learned. Wednesday marked the deadline for the six-year review, and a Trump administration official told FOX Business that the president opted against extending the…

The Justice Department and attorneys general from 17 states announced proposed settlements Tuesday with three of the nation’s largest egg producers after alleging they coordinated to manipulate a key pricing benchmark that inflated egg prices for consumers nationwide. Federal officials simultaneously filed a civil antitrust lawsuit against Cal-Maine Foods, Hickman’s…

While Wall Street prepares for the prospect of a more aggressive Federal Reserve, Bank of America CEO Brian Moynihan has a reassuring message for anxious investors. Despite Bank of America’s issuing the most hawkish forecast on Wall Street — predicting three interest rate hikes under Federal Reserve Chair Kevin Warsh…

President Donald Trump on Wednesday said that Taiwan is doubling the size of the chipmaking plants under construction in Arizona, adding that it could help the U.S. share of the chip market rise to 50% by the end of his term. “We’re creating more jobs, we have more people working…

Billionaire venture capitalist Peter Thiel planted a record-setting flag in Miami’s financial core, signing a historic $250-per-square-foot office lease that experts say marks a transition of the West Coast tech exodus from what began as a residential trend into a broader corporate takeover. As multibillion-dollar liquidity events loom for companies…

Treasury Secretary Scott Bessent warned gasoline retailers that the Trump administration is “watching” pump prices and expects them to pass lower oil costs on to Americans. Speaking on “Fox & Friends,” Bessent’s comments came a day after President Donald Trump urged gas stations to lower prices to around $2.50 per…

The Department of Transportation on Tuesday announced that regulators are moving toward enabling civilian supersonic flights over the continental U.S., which have been banned for decades due to sonic booms. The Federal Aviation Administration (FAA) proposed a rule that sets a noise-based certification standard for supersonic aircraft and signaled that…

The U.S. Equal Employment Opportunity Commission (EEOC) filed a federal lawsuit against Federal Express Corporation on Tuesday, alleging the delivery giant violated federal law by discriminating against blind employees at a North Carolina facility. The federal agency claims that FedEx, formerly known as FedEx Ground Package Systems, Inc., failed to…

Einstein Bros. Bagels is betting big on breakfast. The Colorado-based bagel chain announced plans last week to open more than 300 new bakeries across the U.S. by 2030, a major nationwide expansion aimed at capturing growing demand in the breakfast category.The company, which describes itself as America’s largest retail bagel…

A federal judge refused to let Meta avoid trial on key claims in a lawsuit brought by state attorneys general alleging it designed Facebook and Instagram to addict children while allegedly withholding information about harms to minors from the public. U.S. District Judge Yvonne Gonzalez Rogers on Monday denied Meta’s…