Musk condemns latest Senate bill that would 'destroy millions of jobs,' raise taxes on wind, solar projects
Former DOGE head Elon Musk slammed the latest Senate draft bill that would impose new taxes on renewable energy projects, calling it "utterly insane and destructive."
Buffett donates $6B in Berkshire stock to 5 foundations: Lifetime giving tops $60B
Berkshire Hathaway CEO Warren Buffett announced Friday that he is donating another $6 billion of the company’s stock to the Gates Foundation and four family charities.
National Debt Tracker: American taxpayers (you) are now on the hook for $36,215,806,064,740.36 as of 6/27/25
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
FOX Business Briefs 6/27
GE to spend $490 million on Kentucky plant; Weight Watchers partners with Novo Nordisk to sell Wegovy; TSA warns: Waffle House ID won't pass as Real ID; Yankees to celebrate ‘Seinfeld Night’ with George Costanza bobbleheads.
Hilton calls out far-left for ‘ideological extremism’: ‘It just gets worse’
California gubernatorial candidate Steve Hilton reacts to the New York mayoral primary election race and its impact on national politics.
Sans Musk, DOGE saves millions by nixing 312 more contracts, including one for an advisor at USAID Madagascar
The Department of Government Efficiency X account announced 312 recent contract cancellations resulting in a whopping $470 million in savings.
California eyes potential ban on online fantasy sports
California's online fantasy sports industry is under threat, and state residents and others across the U.S. await Attorney General Rob Bonta's decision.
'America's Checkbook' would open the ledger on federal expenditures from pencils to the Pentagon
GOP lawmakers introduce the LEDGER Act to create 'America's Checkbook,' requiring tracking of federal spending after $4.7 trillion in uncoded Treasury disbursements
The socialist arm of the Democratic Party is ‘very organized’ amid Mamdani’s win: Rosanna Scotto
‘Good Day New York’ co-host Rosanna Scotto discusses New York City mayoral candidate Zohran Mamdani’s win in the Democratic primary and more on ‘Varney & Co.’
Expert calls on Powell to lower interest rates: ‘At some point’ they have to
Former JPMorgan Chase chief economist Anthony Chan provides analysis of interest rates as Jerome Powell faces pressure to make a cut.
Federal judge rejects Trump admin's move to monitor border financial transactions
A federal judge granted relief to two Texas border businesses from the Trump administration's policy meant to curb money laundering by cartel members.
AT&T settles data breach lawsuits for $177 million: What customers need to know about settlement payments
Money could be coming the way of some AT&T users through a nine-figure settlement that stemmed from lawsuits about a pair of data breaches the company experienced in the past.
FOX Business Briefs 6/25
More homeowners find themselves underwater; mortgage rates rose slightly; FedEx expects its business to take a hit because of tariffs on imports from China; gas prices are down for the summer driving season.
Tommy Tuberville: Politics has to be taken out of the 'mess' that is the US financial state
Sen. Tommy Tuberville, R-Ala., discusses the Federal Reserve, the state of the national debt, and the 'big, beautiful bill' on 'The Bottom Line.'
We must ‘control our long-term borrowing,’ GOP lawmaker says
Rep. Byron Donalds, R-Fla., discusses Fed Chair Jerome Powell's hearing on Capitol Hill and the state of the Federal Reserve on ‘The Evening Edit.’
Powell to be pressed on Fed spending, agency’s politicization
Jerome Powell returns to Capitol Hill where Republicans plan to challenge the Fed's $2.5 billion headquarters renovation featuring marble and rooftop gardens amid inflation concerns.
FOX Business Briefs 6/24
Walmart and Target threaten shoppers with $2,500 fines; Artificial Intelligence app for doctors raises $300 million in funding; AMC Theatres adds pre-show 'platinum spot' ad; 'St. Elmo’s Fire' gets a special 40th anniversary 4K release.
FOX Business Briefs 6/24
RPT: Audi weighs $4.6B U.S plant to avoid tariffs; Official: L.A. anti-ICE riots cost taxpayers $30M+; WSJ: Meta luring tech experts for new super-intelligence lab; Amazon: Beauty will be a big seller for Prime Day
Electricity prices spike for American households: Here's what's driving costs higher
Electricity costs in the United States are surging as demand hits record highs from data centers, artificial intelligence computing and extreme weather.
If the tax rate is not extended, it will be a 'real shock to the system,' Bank of America CEO says
Bank of America Chairman and CEO Brian Moynihan weighs in on the geopolitical climate's impact on markets, wealth transfer, President Donald Trump's 'big, beautiful bill' and more during his sit-down interview on 'Mornings with Maria.'