This story on the January 2026 PCE inflation report is developing and will be updated with more details. The Federal Reserve’s preferred inflation gauge remained stubbornly high in January as consumers continued to face elevated price growth.The Commerce Department on Friday reported that the personal consumption expenditures (PCE) index rose 0.3% on…

This is a developing story about the second reading of fourth-quarter gross domestic product growth. Please check back for updates. The U.S. economy grew at a slower rate than previously thought in the fourth quarter after the Commerce Department released its first revision of real gross domestic product (GDP) growth for…

We all know that crude oil and gasoline prices have jumped up as a result of the Iran war. And to me, it’s a small price to pay for a small bump up in energy costs in order to defeat the barbaric terrorist regime in Iran, and literally change the…

Michigan-based medical device company Stryker announced on Thursday it is experiencing a “global network disruption” to its Microsoft suite following a cyberattack that may have ties to a pro-Iranian group. A source with knowledge of the matter confirmed the attack, and said employees were unable to access their network. Employees were…

If you take an Uber or Lyft from Los Angeles International Airport (LAX), your ride could soon cost more. The Los Angeles Board of Airport Commissioners on Tuesday approved an increase in rideshare fees, raising the charge from $4 to as much as $12 per trip, a move Uber is…

Iran warned the United States Wednesday that oil prices could soar to $200 a barrel as escalating U.S. and Israeli strikes against the country continue to rattle global energy markets.  To prevent what could be one of the worst oil shocks since the 1970s, the U.S. announced that Washington, along…

Papa John’s International is reportedly reviewing a new proposal to take the company private in a potential $1.5 billion acquisition, according to Reuters.  Irth Capital Management, a Qatari-backed investment fund supported by Brookfield Asset Management, reportedly submitted the proposal on Wednesday, offering $47 per share, a 44% premium over the…

BARTOW, Florida – Florida is facing its worst drought in 25 years, intensifying pressure on a citrus industry already battered by disease, hurricanes and rising costs. According to the U.S. Drought Monitor, 100% of the state is experiencing some level of drought, with more than 75% in extreme drought conditions. The…

American officials are on heightened alert after federal authorities warned that Iran could attempt to launch drones toward the California coast, raising concerns about how easily low-cost unmanned aircraft could threaten U.S. cities. Red Cat CEO Jeff Thompson joined FOX Business’ Maria Bartiromo on “Mornings with Maria” to discuss how…

Energy Secretary Chris Wright on Thursday said that while the U.S. Navy may soon be in a position to escort oil tankers through the Strait of Hormuz to protect them from attacks by Iran, the Navy isn’t yet ready to do so. Wright said in an interview on CNBC’s “Squawk Box” that…