Just about a year after signing the One Big, Beautiful Bill with its major league tax cuts, the stock market is roaring. In this year’s second quarter, the S&P 500 is up 15 percent and the NASDAQ up 21 percent — the best performance in 6 years. The small-cap Russell…

Kroger announced Wednesday it will acquire regional supermarket chain Giant Eagle in a $1.65 billion deal, marking the grocery giant’s first major acquisition since regulators blocked its proposed $25 billion merger with Albertsons nearly two years ago. The acquisition will strengthen Kroger’s presence across several Midwestern and Mid-Atlantic markets as…

Months before New York City approved a historic two-year rent freeze, Google co-founder Sergey Brin quietly exited a struggling real estate fund at a steep loss. In December, Brin sold his stake back to A&E Real Estate, the fund’s manager, for six cents on the dollar, according to documents obtained…

Sony is ending production of physical discs for all new PlayStation game releases beginning in January 2028, marking a significant step in the gaming industry’s ongoing transition to digital distribution.  Sony Interactive Entertainment announced the decision Wednesday in a post on its official PlayStation Blog, saying all new games released…

President Donald Trump has decided not to extend the USMCA trade agreement and will instead pursue independent trade deals with Canada and Mexico, FOX Business has learned. Wednesday marked the deadline for the six-year review, and a Trump administration official told FOX Business that the president opted against extending the…

The Justice Department and attorneys general from 17 states announced proposed settlements Tuesday with three of the nation’s largest egg producers after alleging they coordinated to manipulate a key pricing benchmark that inflated egg prices for consumers nationwide. Federal officials simultaneously filed a civil antitrust lawsuit against Cal-Maine Foods, Hickman’s…

While Wall Street prepares for the prospect of a more aggressive Federal Reserve, Bank of America CEO Brian Moynihan has a reassuring message for anxious investors. Despite Bank of America’s issuing the most hawkish forecast on Wall Street — predicting three interest rate hikes under Federal Reserve Chair Kevin Warsh…

President Donald Trump on Wednesday said that Taiwan is doubling the size of the chipmaking plants under construction in Arizona, adding that it could help the U.S. share of the chip market rise to 50% by the end of his term. “We’re creating more jobs, we have more people working…

Billionaire venture capitalist Peter Thiel planted a record-setting flag in Miami’s financial core, signing a historic $250-per-square-foot office lease that experts say marks a transition of the West Coast tech exodus from what began as a residential trend into a broader corporate takeover. As multibillion-dollar liquidity events loom for companies…

Treasury Secretary Scott Bessent warned gasoline retailers that the Trump administration is “watching” pump prices and expects them to pass lower oil costs on to Americans. Speaking on “Fox & Friends,” Bessent’s comments came a day after President Donald Trump urged gas stations to lower prices to around $2.50 per…