Business
President Donald Trump on Friday signed an executive order temporarily expanding the amount of beef the U.S. can import from Argentina, a move the White House says is aimed at lowering prices but that the nation’s largest cattle industry group disputes. The proclamation increases the in-quota tariff-rate quota for lean…
The recent surge in gold and silver prices to record highs will make the medals awarded at the 2026 Winter Olympics the most expensive in history. The Milan Cortina 2026 Winter Olympics officially begin on Friday and the value of the gold and silver medals that will be awarded to the winners…
To quote President Trump’s Truth Social post, “Congratulations America” on Dow 50,000. And the widely known index didn’t just crawl above 50,000, it rocketed by 1,100 plus.And all those techie moaners and groaners have had their day in court, but they lost because they were up almost 2 percent and…
The Dow Jones Industrial Average closed above 50,000 points for the first time on Friday as stocks rallied in response to a rout in tech shares earlier in the week. The closely watched index rose above 50,000 for the first time after 2 p.m. during Friday’s trading session, advancing 1,206.95…
Federal regulators are expanding an investigation into 1.27 million Ford F-150 pickup trucks after reports of safety issues related to the vehicles’ transmissions. The National Highway Traffic Safety Administration said it received reports from drivers that the trucks faced an unexpected transmission downshift that came without warning or driver input.…
The Securities and Exchange Commission has announced enforcement actions against stocks it suspects are involved in “pump-and-dump” or “ramp-and-dump” schemes tied to foreign-based companies, including entities with operations in China. SEC Chairman Paul Atkins said the agency is intensifying its crackdown on these manipulative practices to protect U.S. investors. In…
Stellantis on Friday announced it will take a $26.5 billion charge as the automaker cuts back on electric vehicle (EV) production, joining other manufacturers in taking a financial hit after misjudging consumer demand for EVs. Stellantis – the parent company of brands including Chrysler, Jeep, Dodge and Ram – became the latest…
A proposed tax targeting California’s wealthiest residents is drawing strong support from likely voters, but critics warn it would discourage investment and trigger an exodus of high-income earners and businesses from the state. “I think it’s a really economically disastrous idea,” Adam Michel, director of tax policy studies at the…
Pizza Hut will close about 250 locations in the U.S. through June as its parent company, Yum! Brands, moves to shut underperforming stores and reassess the brand’s long-term strategy, executives said. Yum! Brands Chief Financial Officer Ranjith Roy said during an earnings call that the closures will primarily target weaker-performing…
Wall Street giant Citi on Thursday informed the company’s U.S.-based employees that the firm plans to match the federal government’s seed contribution to newborns’ Trump Accounts and will also donate to efforts to boost participation. Citi sent an internal message, which was reviewed by FOX Business, that notified employees that…














