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FOXBusiness.com

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Business news, small business news, business financial news,personal finance, finance trends, finance news, stock market index, stock data, stock market news, stock investment, personal investment, investment news from FoxBusiness.com.

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http://www.foxbusiness.com

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Economy

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12,1 položek/den

US shrimpers face ‘double whammy’ from soaring fuel costs, tariff refunds

10:20
Rising fuel costs and tariff refund policies are pressuring US shrimpers, with some delaying trips as profitability declines.

Chanel unveils sandal that only covers heel, sparking mixed reactions

8:12
Chanel s controversial new sandal leaves most of the foot exposed, sparking heated debate online after debuting at the Cruise 2027 show in Biarritz.

Nearly 13K toddler towers recalled after dozens of injuries from stools collapsing, tipping

5:01
Nearly 13,000 toddler tower stools across three brands were recalled after reports of collapsing and tipping led to dozens of injuries, regulators said.

Powell says he'll stay on Fed board after chairmanship ends but won't be a 'shadow Fed chair'

1:18
Fed Chair Jerome Powell says he won t retire after his term ends next month, pledging to be a constructive governor and not a shadow Fed chair.

Bessent says US seized nearly $500M in Iranian crypto as Operation Economic Fury sends regime into ‘crisis’

0:46
Treasury Secretary Scott Bessent says the U.S. maximum economic pressure campaign on Iran has sent the regime into "crisis," with nearly $500 million in crypto assets seized.

Costco changes beloved $1.50 hot dog deal for the first time in decades: reports

23:42
Costco s iconic $1.50 hot dog and drink combo reportedly now offers a Kirkland Signature bottled water swap option alongside the traditional soda.

United pilot reports midair drone scare near airport during landing approach

23:10
A United Airlines pilot reported a possible drone encounter at thousands of feet while approaching a major airport, raising concerns about unauthorized devices in restricted airspace.

Federal government made $186B in improper payments last fiscal year

23:10
Improper federal payments hit $186 billion in fiscal year 2025, with Medicare, Medicaid and tax credits accounting for the bulk, a new GAO report finds.

Federal Reserve leaves interest rates unchanged as Powell's chairmanship nears end

20:30
Federal Reserve policymakers left interest rates unchanged in April amid concerns about elevated inflation and as Fed Chair Jerome Powell s term as central bank chairman draws to a close.

Gas prices soar to highest point so far during unsettled conflict with Iran

19:26
The AAA national average price for regular gas has risen to a whopping $4.229, the highest point so far amid the still unresolved war between the U.S. and Iran.

Maine joins blue-state millionaire tax club as critics warn the new surcharge punishes local economy

19:26
Maine joins other high-tax blue states as Gov. Janet Mills signs a new millionaire tax surcharge, drawing warnings it will stifle investment and hurt businesses.

California high-speed rail project soars to $231B: 'Worst public infrastructure failure in US history'

18:54
California lawmakers demand the state s high-speed rail project be abandoned after projected costs surge by more than 700% past original estimates.

Kevin Warsh moves one step closer to becoming next Fed chair

16:47
Kevin Warsh moves closer to replacing Jerome Powell as Fed chair after the Senate Banking Committee voted to advance his nomination to the full Senate.

UFC, Bud Light team up to make already highly anticipated summer of fights that much better: 'A fan delight'

16:15
UFC unveiled its Bud Light Summer Series, beginning in Newark and expanding nationwide, setting the stage for one of the promotion’s biggest summers ever.
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