Business
California business owners need the confidence and ability to reinvest in the state’s economy, according to real estate mogul Mauricio Umansky, who argued that “bringing business back to California is critical” as voters weigh competing visions for the state’s future. The Agency founder and CEO joined FOX Business’ Stuart Varney…
The NASA SpaceX Crew-13 mission launched to the International Space Station on Thursday from Cape Canaveral Space Force Station in Florida. The crew onboard the mission utilizing SpaceX’s Falcon 9 rocket and Dragon spacecraft are NASA astronauts Jessica Watkins, Luke Delaney, CSA (Canadian Space Agency) astronaut Joshua Kutryk and Roscosmos cosmonaut Sergey Teteryantnikov. “So…
Mortgage rates rose to the highest level since November 2023, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 7.28% from last week’s reading of 7.03%.The average rate on a 30-year loan…
President Donald Trump praised Boeing and its 737 MAX after a FlyDubai jet survived a dramatic plunge during an apparent attempt to crash the Israel-bound aircraft with more than 170 people aboard. Trump congratulated the U.S. aerospace giant Thursday, singling out the aircraft’s ability to withstand the extreme forces it…
America’s skilled trades shortage has major employers sounding the alarm as companies face mounting demand for workers needed to build, maintain and power the country’s infrastructure. mikeroweWORKS Foundation CEO Mike Rowe joined FOX Business’ Stuart Varney on “Varney & Co.” to discuss the widening skilled labor gap, the impact of artificial…
Actor Mark Ruffalo blasted the outcome of the long-running fight over Paramount’s $110 billion acquisition of Warner Bros. Discovery after a federal judge cleared the Hollywood megadeal to move forward Wednesday. Ruffalo, who had been one of the most vocal Hollywood opponents of the merger, called the outcome “incredibly disappointing.””This…
America needs to invest in the people who “build things” or risk falling further behind global competitors, Ford CEO Jim Farley warned Wednesday. Speaking at Ford’s Accelerate event in Detroit, Farley said the U.S. has underinvested in the “essential economy” — industries such as construction, manufacturing, energy, transportation, logistics and…
A Utah beverage company is recalling more than 77,000 cans of 7UP Tropical after some packages labeled as zero-sugar soda were found to contain the full-sugar version of the drink. Admiral Beverage Corporation initiated the voluntary recall on Aug. 20, according to a U.S. Food and Drug Administration enforcement report.…
Companies in the private sector added 90,000 jobs in September, payroll processing firm ADP said in its latest report on Wednesday. The figure is above economists’ estimates of a gain of 70,000 jobs and up from the prior month’s revised 36,000 payrolls.”It’s a strong report,” said ADP chief economist Nela…
A trade policy expert said shoppers may be able to expect modest price relief as the holiday season approaches after President Donald Trump and Chinese President Xi Jinping struck a deal to reduce tariffs on $30 billion worth of non-sensitive goods, including household goods and toys. Clark Packard, a research…