Business
Fanatics Fest isn’t just returning for its third year in New York City with an extra day added to its festivities — it’s bringing back the Fanatics Games with an even bigger prize pool. During last year’s sports fan festival at the Javits Center in Manhattan, Fanatics Fest introduced the…
British luxury automaker Aston Martin said on Wednesday that it will cut up to 20% of its workforce as tariff and regulatory headwinds along with a challenging market backdrop weigh on the business. The company said the cuts will result in an annualized savings of about 40 million pounds ($54…
JPMorgan Chase CEO Jamie Dimon issued a warning that some of the conditions in financial markets are reminding him of the years leading up to the 2008 financial crisis. “Unfortunately, we did see this in ’05, ’06, ’07, almost the same thing,” Dimon said Monday in remarks at JPMorgan Chase’s annual investor…
President Donald Trump said his administration plans to make housing more affordable for new homebuyers while keeping home values high for existing homeowners. Trump delivered his State of the Union address to a joint session of Congress on Tuesday night and touted the lower cost of new mortgages since he took office…
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…














