Business

PHIL FLYNN: To win the AI race, America must unleash energy dominance or fall

PROGRAMMING ALERT: Jackie DeAngelis hosts a special one-hour program: “Fox Business In Depth:  Reenergizing America” on February 18 at 8 PM ET/5 PM PT. Jackie and a panel of experts, newsmakers, and FBN correspondents break down the progress and headwinds in securing America’s energy future.   We are on the precipice of the greatest economic and…

Meta CEO to testify in high-stakes trial that could cost Big Tech billions

Meta CEO Mark Zuckerberg will testify Wednesday in Los Angeles Superior Court in a landmark trial over claims that social media platforms harm children — his first time answering youth safety allegations before a jury. The bellwether lawsuit, K.G.M. v. Meta Platforms, Inc., et al., was filed by a 20-year-old…

Cheerios maker says cost of living, housing expenses changing way consumers spend

Cheerios maker General Mills cut its annual sales and profit forecasts, citing weak consumer sentiment and a shift toward healthier and lower-cost food options that are pressuring demand for packaged products. “Weak consumer sentiment, heightened uncertainty, and significant volatility have weighed on category growth and impacted consumer purchase patterns, resulting…

US home prices are rising — but these fast-growing markets remain affordable

America’s hottest housing markets aren’t in flashy coastal cities — they’re in communities across the Midwest and South. Even as the national market cools, areas in states like Missouri and Kentucky are seeing double-digit price growth while remaining within reach for middle-income buyers.Recent data from the National Association of Realtors…

Trump touts potential 20% tax refunds from ‘Big Beautiful Bill’

President Donald Trump said tax refunds this year will be substantially larger than ever before because of his signature “One Big Beautiful Bill,” which was passed last year. Trump took to Truth Social to promote the expected refunds ahead of the 2026 filing season, arguing that some taxpayers could see…