Federal Housing Finance Agency (FHFA) Director William J. Pulte said President Donald Trump is moving aggressively to drive down borrowing costs, deploying roughly $200 billion from Fannie Mae and Freddie Mac to purchase mortgage bonds — a step he said lowered rates “boom right away.” Pulte joined FOX Business’ Maria…

President Donald Trump on Tuesday outlined a new retirement plan that would see the federal government match a portion of the contributions made by American workers to retirement plans that aren’t matched by their employers. Trump discussed the proposal during his State of the Union address to a joint session of Congress…

Bill Gates apologized to staff of the Gates Foundation over his ties to Jeffrey Epstein, admitting he made mistakes that had cast a cloud over the philanthropic group while insisting he didn’t participate in Epstein’s crimes.  In a town hall on Tuesday, the Microsoft co-founder acknowledged that he had two affairs with Russian women that Epstein…

Even as higher-end department stores struggle, off-price retail is thriving, showing that Americans are still spending, just more selectively. TJX Companies – which owns TJ Maxx, Marshalls and HomeGoods – blew past Wall Street expectations in its fourth quarter earnings report Wednesday morning.Sales surged 9% year-over-year to $17.7 billion in…

U.S. Trade Representative Jamieson Greer signaled tariffs could rise for some countries early Wednesday, telling FOX Business they may increase to 15% or higher as President Trump continues his push for economic leverage. “Even right now, we have the 10% tariff, it’ll go up to 15 for some, and then…

An American Airlines jet was found Monday with possible bullet holes on its exterior after completing a flight from Medellin, Colombia, to Miami. The damage was discovered during a routine post‑flight inspection of the Boeing 737 MAX 8 at Miami International Airport.According to Airlive.net, the puncture marks resembled bullet holes and were found…

The Food and Drug Administration announced Tuesday a recall of bags of certain dog treats over concerns about potential salmonella contamination. Elite Treats, based in Florida, issued a recall of a single lot of 6-ounce bags of Elite Treats Chicken Chips for Dogs, according to the FDA.The recalled bags have…

The Trump administration is mulling an executive order or a different action that would have banks collecting citizenship information from their customers, according to reports. The Wall Street Journal reported Tuesday that Treasury Department officials have discussed steps that could have banks gathering citizenship information from customers in a move…

Consumer confidence ticked higher in February as American households’ expectations for the labor market improved. The Conference Board’s consumer confidence index rose 2.2 points to 91.2 in February from an upwardly revised 89 in January. The January data was initially reported as 84.5, the lowest level since May 2014.Economists polled…

Spirit Airlines announced Tuesday that it reached a deal with lenders that will allow it to exit bankruptcy by the late spring or early summer. The low-cost carrier filed for its second bankruptcy in August 2025 amid mounting losses and dwindling cash reserves. Spirit first filed for Chapter 11 bankruptcy protection…