Minneapolis Federal Reserve President Neel Kashkari on Wednesday outlined why he thinks the central bank should raise interest rates to curb persistent inflation and head off the need for more substantial monetary policy action at a later date. Kashkari was one of the three Fed policymakers who dissented from the…

A detached portion of a SpaceX rocket collided with the moon Wednesday morning, a NASA official confirmed to Fox News Digital. The impact was made by the 8,818-pound upper portion of a SpaceX Falcon 9 rocket while traveling at a speed of 5,400 mph, according to Reuters.The rocket stage is…

A small Nantucket business is at the center of a social media storm after posting a sign declaring “No Influencers,” igniting a fierce online debate over tourism, entitlement and the growing power of social media personalities. Barstool Sports founder and Nantucket homeowner Dave Portnoy joined FOX Business’ Stuart Varney on…

Companies in the private sector added 44,000 jobs in July, payroll processing firm ADP said in its latest report on Wednesday. The figure is below economists’ estimates of a gain of 70,000 jobs and down from the prior month’s revised 95,000 payrolls figure.”Job-changers are highly sensitive to real-time economic conditions,…

Some government regulations become outdated. Others become absurd. The FCC’s national television ownership cap has become both. For decades, Washington banned local television broadcast groups from reaching more than 39% of American households. The rule was built for a media world from the last century–a world of limited viewing options,…

Sysco, the nation’s largest food distributor, will stop buying iceberg lettuce from Mexico as federal health officials investigate a multistate cyclosporiasis outbreak linked to the product, the company’s CEO said Tuesday. The announcement from Sysco CEO Kevin Hourican comes as the Food and Drug Administration (FDA) and the Centers for…

American consumers are continuing to face elevated beef prices amid an ongoing cattle shortage, which is also hitting the bottom line of major meatpacking companies. The U.S. cattle herd is at its lowest level in over 70 years due to drought reducing forage areas in key ranching regions, which forced…

Wealthy New Yorkers are seeking exemptions to Mayor Zohran Mamdani’s second-home tax, with thousands filing applications to avoid the levy. New York City Hall confirmed to FOX Business that as of Monday, about 4,800 property owners have started the process of applying for an exemption to the pied-à-terre tax. Of…

Buc-ee’s has sued a small mini-mart in Ohio, alleging its cartoon beaver logo is too similar to the popular Texas-based chain’s iconic logo, adding to the various lawsuits the company has filed against small stores with cartoon animal branding despite an HBO show daring it to challenge someone its own…

OpenAI and one of its subsidiaries will pay $3.2 million to settle allegations that they discriminated against U.S. workers by favoring foreign workers with temporary employment visas, the Justice Department announced Tuesday. The Justice Department said the settlement resolves allegations that OpenAI and its subsidiary, Statsig Inc., violated the Immigration…