FIRST ON FOX – The U.S. Small Business Association referred 562,000 suspected fraudulent loans totaling over $22.2 billion to the U.S. Department of Treasury for collections, the SBA said in a Friday statement.  “From Day One, the Trump SBA has worked tirelessly to crack down on billions in pandemic-era fraud…

As the world enters what experts call the “Fourth Industrial Revolution,” American business leaders are placing a massive bet on the future of the republic. FOX Business’ “Mornings with Maria” went inside the high-stakes world of artificial intelligence, revealing how titans of banking, defense and tech are investing hundreds of…

U.S. Attorney for the District of Columbia Jeanine Pirro announced Friday that she directed her office to close its investigation into the Federal Reserve over a building project. “This morning the Inspector General for the Federal Reserve has been asked to scrutinize the building costs overruns – in the billions…

As Americans head into barbecue season, rising energy prices linked to Middle East tensions are driving up the cost of propane. When energy prices rise, the added costs ripple through the food system and into everyday purchases, from meat counters to backyard grills.”The impact of ongoing challenges in the Middle…

American Airlines CEO Robert Isom rejected the idea of a United Airlines merger, telling investors on Thursday’s first-quarter earnings call that it would be bad for all parties. “The idea of the two largest airlines in the world getting together, that is something that we’ve viewed as being anti-competitive and obviously…

Boxing’s future as both a sport and a business was front and center on Capitol Hill this week, where lawmakers and industry leaders discussed whether a fragmented system that has governed the sport for decades can still compete in today’s media landscape. At issue is a proposed overhaul that would…

As the 2026 NFL Draft is set to kick off, Fanatics and the NFL announced an exclusive, multi-year partnership where the global sports platform will be the league’s official on-site retail partner at marquee events like the one set for Thursday night in Pittsburgh.  Fanatics will be bringing its on-site…

Roughly 1,400 people across Nike’s Global Operations team will be laid off, the company announced Thursday. In a memo to employees, Chief Operating Officer Venkatesh Alagirisamy said the cuts will primarily affect Nike’s technology division and span North America, Asia and Europe, representing just under 2% of the company’s global…

Harley-Davidson is recalling nearly 17,000 motorcycles over a potential brake failure issue that could heighten the risk of a crash, according to federal regulators. The recalled motorcycles include 2025 and 2026 models.Affected motorcycles include the Harley-Davidson FXLRS with a production date from Dec. 5, 2024, to March 16, 2026; Harley-Davidson…

President Donald Trump has doubled down on the idea of a taxpayer-funded takeover of Spirit Airlines rather than a traditional bailout, an approach critics previously described as highly problematic. Trump reaffirmed his interest in offering the airline a financial lifeline during a meeting at the Oval Office on Thursday, adding…