Business
A trade policy expert said shoppers may be able to expect modest price relief as the holiday season approaches after President Donald Trump and Chinese President Xi Jinping struck a deal to reduce tariffs on $30 billion worth of non-sensitive goods, including household goods and toys. Clark Packard, a research…
Cold weather is approaching and the U.S. is projected to have record-setting production of natural gas and healthy storage levels to help protect the market against possible shifts in winter weather that could otherwise strain supply and squeeze consumers. FOX Business exclusively viewed the Natural Gas Supply Association’s (NGSA) 2026-27…
Things happen when you least expect it. How about the dissolution of Iran? We know their currency is worthless. It’s now 2.5 million per dollar. This, according to the retired lieutenant general, Keith Kellogg, suggests a disaster on a par with the hyperinflation of Germany’s Weimar Republic in the 1920s.…
Hedge fund billionaire Ken Griffin is making the largest individual gift in higher education history, donating $3 billion to Carnegie Mellon University to expand its Pittsburgh campus and build a new campus in Miami. The Citadel founder and CEO’s gift includes $1 billion for Carnegie Mellon’s Pittsburgh campus, including $500…
The inspector general’s investigation into the Federal Reserve’s costly renovation project determined that there was no administrative misconduct after the cost overruns prompted an investigation of former Federal Reserve Chair Jerome Powell amid criticism from President Donald Trump. The Office of Inspector General for the Federal Reserve’s Board of Governors began…
As Fanatics continues to grow, the global sports giant has faced numerous lawsuits over the past year. The company views them as baseless, opportunistic suits to shake it down in some capacity, and Fanatics hasn’t laid down. It’s been fighting. And winning. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COM Over…
The Federal Reserve’s preferred inflation gauge cooled more than expected but remained elevated well above target in August as consumers continued to face price pressures. The Commerce Department on Wednesday reported that the personal consumption expenditures (PCE) index rose 0.3% on a monthly basis in August and was up 3.4%…
The Treasury Department and IRS are moving to automatically establish Trump Accounts for millions of eligible children, a major expansion of the investment program created under President Donald Trump’s tax and spending law. Temporary regulations issued by Treasury and the IRS establish a system that allows the Treasury secretary to…
Elevated gas prices ahead of November’s midterm elections could make Republicans feel the “same fate” the Democrats did in 2022, when prices that summer hit an average of $5 a gallon, an expert told FOX Business. Patrick De Haan, the head of petroleum analysis at GasBuddy, made the remark this…
FIRST ON FOX: The Treasury Department is dropping the hammer on a Tren de Aragua (TdA) $40-plus million fraud scheme accused of using U.S. automated teller machines as a narco-terror piggybank, stealing Americans’ cash to fund its transnational terror network. Treasury, in a First on Fox exclusive Wednesday, unleashed a…
