Business

Billionaire businessman John Catsimatidis is warning that foreign adversaries will do “anything” to weaken President Donald Trump, while also voicing disappointment with Canadian Prime Minister Mark Carney. Catsimatidis joined FOX Business’ Cheryl Casone on “Mornings with FOX Business” to discuss national security concerns on the 25th anniversary of the September…

Former Federal Reserve Chair Jerome Powell has reportedly sold a waterfront Maryland estate for $7.2 million. The six-bedroom, eight-bathroom home on Gibson Island changed hands in an off-market sale on Aug. 4, less than three months after Powell concluded his eight-year term as chair of the Federal Reserve, Realtor.com reported,…

Asked about President Donald Trump’s proposal to dole out $5,000 to every adult American if Republicans win both chambers of Congress during the midterm elections, Florida Gov. Ron DeSantis warned that borrowing to spend would cause more inflation. “What I would say is, if you are getting surplus revenue, you…

Inflation remained elevated in August even as the pace of consumer price growth from a year ago remains elevated, as the Federal Reserve considers a potential interest rate hike next month. The Bureau of Labor Statistics (BLS) said on Wednesday that the consumer price index (CPI) – a broad measure of…

President Donald Trump on Wednesday proposed giving a $5,000 “dividend” payment to every adult U.S. citizen if Republicans hold both chambers of Congress after this November’s midterm elections, though the cost could add substantially to the federal deficit. Trump delivered a speech Wednesday night at the RNC’s Midterm Convention in…

Ford Motor Co. CEO Jim Farley is pushing back on Transportation Secretary Sean Duffy’s accusations that the automaker is becoming too reliant on China, calling them “basic misunderstandings” that could have been cleared up with “a simple five-minute call.” In an interview Wednesday with The Wall Street Journal, Farley rejected…