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Browsing: Business

Business

Bessent says Trump tax cuts could mean ‘substantial refunds’ for working Americans in 2026

Treasury Secretary Scott Bessent said Americans could see "substantial refunds" and bigger paychecks as President Donald Trump’s economic agenda begin...

Business

Volkswagen to recall 44K vehicles over battery fire risk, some owners urged to park outside 'immediately'

Volkswagen Group of America Inc. will recall more than 44,000 cars due to the risk that the high-voltage battery may overheat and cause a fire. The Na...

Business

CEO warns aluminum supply chain is 'so thin' a single fire could trigger nationwide crisis

America's aluminum industry is showing signs of a resurgence after decades of decline, driven by national security concerns, supply-chain vulnerabilit...

Business

UPS to cut 30,000 more jobs amid turnaround plan

The United Parcel Service aims to cut up to 30,000 operational roles in 2026 as part of its transformation strategy, CFO Brian Dykes announced during...

Business

Trump considers capping state gas tax, signals possible relief for Californians

President Donald Trump is reportedly thinking about a state fuel tax cap — a move he argues could ease the pain for California drivers and see motoris...

Business

Cruise industry giant makes $100M strategic bet on Florida with massive Miami headquarters

One cruise and travel group is charging full speed ahead in the U.S. market, unveiling a $100 million headquarters in Miami as it expands operations a...

Business

Coalition warns Trump mortgage credit shifts could spark another 2008-style crash

FIRST ON FOX: A coalition of advocacy groups is urging the Trump administration’s housing regulator to proceed cautiously with changes to mortgage cre...

Business

Google settles lawsuit for $68 million following allegations of secretly recording smart device users

Google has agreed to pay $68 million to settle a class action lawsuit arguing that its voice-activated assistant secretly recorded smart device users...

Business

Coal plants step up as historic winter storm pushes US power grid to the brink

A deadly and historic winter storm that has impacted a 2,300-mile swath of the country with snow, ice and power outages has prompted moves to ramp up ...

Business

Trump says South Korea 'not living up' to trade deal, hikes tariffs to 25% on key imports

President Donald Trump said Monday that he was increasing tariffs on South Korean imports of autos, lumber and pharmaceuticals to 25%, accusing Seoul...

Business

Kevin O'Leary warns Canada over China ties as Trump threatens 100% tariff on northern neighbor

"Shark Tank" star Kevin O’Leary issued a stark warning to Canada over its potential trade deal with China, arguing the communist nation has "screwed"...

Business

LARRY KUDLOW: Trumponomics and the Fed, one of the two Kevins will do just fine

As President Trump returned from Davos, I want to emphasize first that he is standing on top of the world, in terms of American achievements and influ...