Business
Yields on U.S. Treasurys hovered near multi-year highs on Wednesday, as the global bond market experienced a sell-off amid concerns over energy prices keeping inflation elevated as well as government debt burdens. The yield on the benchmark 10-year Treasury note was around 4.8% in the early afternoon on Wednesday, slightly…
The Securities and Exchange Commission (SEC) is moving to give crypto companies a clearer path to raise capital in the United States as the agency seeks to bring crypto-asset investment and innovation back onshore while keeping activity under U.S. law. SEC Chairman Paul Atkins joined FOX Business’ Cheryl Casone on…
A Democratic-socialist policy backed by Mayor Zohran Mamdani could cost New York City households an extra $664 a year, Amazon warned Fox News Digital, as a union-backed push to require delivery companies to directly employ certain workers could drive some delivery operations out of the five boroughs. “We’ve made clear…
As employers across the country look for skilled workers, the Lowe’s Foundation is backing a new effort aimed at creating more pathways into high-paying skilled trades careers that do not require a traditional four-year college degree. Lowe’s CEO Marvin Ellison joined “FOX & Friends” co-host Lawrence Jones on Wednesday to…
Companies in the private sector added 38,000 jobs in August, payroll processing firm ADP said in its latest report on Wednesday. The figure is below economists’ estimates of a gain of 48,000 jobs and down from the prior month’s revised 46,000 payrolls. August’s figure is the lowest since January.”Pay can…
Chevron is expanding its footprint in Venezuela under new agreements that call for more than $7 billion in investment over the next five years and aim to more than double production from its joint ventures in the country. The oil giant said Wednesday that the agreements establish updated fiscal, commercial…
EXCLUSIVE: The Federal Communications Commission (FCC) on Wednesday proposed a new consumer tool dubbed a Robocall Scorecard that gives consumers insight into efforts to crack down on illegal robocalls, FOX Business has learned. A public notice was released by the FCC on Wednesday that seeks input on key principles for…
Apple Maps is now displaying Lake Ontario as “Lake America” for users in the United States following President Donald Trump’s executive order directing the federal government to rename the Great Lake. FOX Business confirmed the change Tuesday by reviewing Apple Maps, which showed “Lake America” on the map and in…
A weight loss supplement has been recalled over two undeclared ingredients, including a toxic substance commonly used as a pesticide and herbicide. Florida-based Ana Salazar Modela Tu Cuerpo Inc. issued a nationwide recall for Lipofit Extreme Fat Burner 2.0. Affected products have a lot number of 25M12F and an expiration…
The Department of Justice (DOJ) Antitrust Division on Tuesday said it had expanded its investigation into beef affordability to include eight of the largest grocery retailers in the United States. The expansion comes after the DOJ launched an antitrust probe in May into the “Big Four” meatpackers — JBS, Cargill,…