Trump administration strikes deal with Google to use AI platform across federal agencies
The GSA's deal with Google for discounted access to AI tools comes as part of the OneGov procurement initiative aimed at promoting federal government efficiency.
Treasury's Bessent says interviews for potential Fed chairs will start around Labor Day
Treasury Secretary Scott Bessent said interviews for 11 Federal Reserve chair candidates will start around Labor Day as the White House searches for Jerome Powell's replacement.
Trump admin launches comprehensive federal review targeting state laws that hurt national economy
The Trump administration is reviewing state laws that negatively impact interstate commerce and national economic activity, led by the Justice Department and National Economic Council.
Goldman Sachs constructs 14-floor Texas campus with fitness center and childcare facilities
Goldman Sachs constructs new Texas office campus to house over 5,000 employees with fitness center, cafe, childcare and underground parking by 2028
FDA warns Americans to avoid certain popular sunscreen products
Federal health officials are warning sunscreen companies for violating drug regulations by selling products in unapproved whipped, mousse and foam forms.
Wall Street banks race to win Trump admin's favor for massive Fannie Mae, Freddie Mac IPO deal
The Trump administration's plans to hold an IPO for Fannie Mae and Freddie Mac are drawing interest from several Wall Street banks, FOX Business' Maria Bartiromo reported.
Customs busts $400M trade duty-evasion ring involving China and others
In a FOX Business Exclusive: U.S. Customs and Border Protection uncovers network evading $400 million in tariffs, some of which involved Chinese shell companies.
Philips to invest over $150M in US manufacturing, research facilities
Healthcare technology company Philips announced that it is investing more than $150 million in U.S. manufacturing and research and development facilities.
Treasury's Bessent says he doesn't support suspending monthly jobs reports
Treasury Secretary Scott Bessent defended releasing monthly jobs reports amid accuracy concerns, emphasizing the need for improved data collection rather than pausing monthly releases.
Billionaire with ties to Jeffrey Epstein nabs $37M Martha's Vineyard home where Obama vacationed
A billionaire's trust purchased the 30-acre Martha's Vineyard property Blue Heron Farm for $37 million, where President Obama and his family spent summer vacations
Former BLS commissioner says there are better ways to collect data for jobs reports
Bureau of Labor Statistics faces scrutiny over data collection methods following disappointing July jobs report that missed economist estimates by 37,000 positions.
FTC secures $145M settlement from companies that allegedly deceived health insurance shoppers with robocalls
FTC reaches $145 million settlement with Assurance IQ and MediaAlpha over allegations of misleading consumers about healthcare services and illegal robocalls.
US job growth cooled in July amid growing economic uncertainty
The Labor Department released its jobs report for July which showed the U.S. economy added 73,000 jobs last month, amid uncertainty around trade and monetary policy.
Union Pacific, Norfolk Southern merge creating first US transcontinental railroad
Union Pacific and Norfolk Southern announce a landmark $85 billion merger to create America's first transcontinental railroad, connecting over 50,000 route miles from coast to coast.
DOGE develops innovative AI tool to eliminate unnecessary federal regulations
The Trump administration's DOGE developed an AI tool to review 200,000 federal regulations, aiming to cut about half of regulations and save trillions in compliance costs.
Newark airport flights delayed as FAA grapples with critical staff shortage crisis
Newark airport faces delays amid staffing shortages, adding to challenges from equipment outages and runway construction that prompted FAA flight caps.
'Big, beautiful bill' includes tax breaks for tips and overtime: Who benefits?
The Treasury Department will implement President Donald Trump's tax reform law, which provides deductions for workers' tipped income and overtime pay in the One Big Beautiful Bill Act.
Social Security's online portal going 24/7 in major customer service upgrade for Americans
The Social Security Administration announced 24/7 access to the My Social Security online portal starting in mid-July as part of a broader customer service overhaul.
Family-owned pharmacy closes its doors after more than 100 years in business
Family-owned Central Drug Store in San Francisco closes its doors after serving the community since the early 1900s, with owner Jerry Tonelli retiring after 50 years.
Director of federal agency suggests Fed Chairman Powell is considering resigning
Trump administration official Bill Pulte released a statement suggesting that Fed Chair Jerome Powell is considering resigning amid mounting pressure on his leadership.