Business
Social Security Administration Commissioner Frank Bisignano said “eliminating fraud, waste and abuse” is the “first solution” to protecting the retirement program as concerns persist over its long-term finances. During an appearance on “Big Money in the Morning,” Bisignano discussed efforts to improve agency records, modernize operations and safeguard the program.”The…
Former President Barack Obama’s signature healthcare law is facing criticism from an economist who argues that greater price transparency is needed to bring down healthcare costs for Americans. Heritage Foundation chief economist EJ Antoni joined FOX Business’ Taylor Riggs on “Big Money in the Morning” to discuss rising healthcare expenses and…
A new report examining New York state audits found billions of dollars in Medicaid payments lacking required verification, an estimated $11 billion in improper unemployment payments and widespread failures to enforce financial safeguards. The report, produced by the State Financial Officers Foundation and OpenTheBooks.com, reviewed findings from the New York…
General Motors announced Tuesday that it will transfer its stock listing from the New York Stock Exchange to Nasdaq next month, a move the Detroit automaker said reflects its growing focus on technology and innovation. The company said its shares are expected to begin trading on the Nasdaq Global Select…
While tower cranes and shifting skylines have visibly redrawn Florida’s horizon over the past several years, the foundation supporting the state’s $1.8 trillion economy was not built on concrete alone. Behind the outward transformation lies what state leaders describe as a deliberate governing blueprint — no state personal income tax,…
DoorDash is reportedly in advanced talks to acquire food delivery company Instacart in a deal that could value the company at roughly $17 billion. An agreement could be reached as early as this week, though there is no guarantee the talks will result in a deal, The Wall Street Journal…
A key Cabinet official in the Trump administration on Monday hit back at former President Barack Obama’s criticisms of White House renovations by having lunch at the restaurant that was caught up in the ex-president’s critique. Obama spoke at a rally in Ohio on Saturday while campaigning for Democratic candidates…
Tens of millions of tax-advantaged Trump Accounts have been created for American children, with many created automatically, which will require parents and guardians to claim the account for a given child. Trump Accounts are investment accounts created for children under the age of 18, which include a one-time $1,000 contribution…
Microsoft on Monday announced a new voluntary buyout program that will cover about 60,000 eligible employees who can choose to leave the company with financial support and other career planning resources. The buyout program covers more than a quarter of Microsoft’s global workforce, as the company said it had about…
Treasury Secretary Scott Bessent says the Trump administration is intensifying its financial pressure on Iran, targeting foreign banking channels and isolating the country’s economy as Washington weighs its next steps against Tehran. “I think that the Iranians are panicked. I think the economy is collapsing,” Bessent said.During an appearance on…