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Browsing: Business

Business

Consumer sentiment rises above expectations in January but remains below last year's level

Consumer sentiment ticked higher in early January despite lingering concerns about inflation and a weak labor market, according to the latest release...

Business

Trump set to interview this final candidate before naming next Fed chair

Treasury Secretary Scott Bessent said President Donald Trump has one more interview to do before naming America's next leader at the Federal Reserve.S...

Business

Former Intel CEO warns US chip comeback still has long way to go

Intel unveiled new chip manufacturing milestones this week, but former Intel CEO Pat Gelsinger said the United States still has a long way to go to re...

Business

California wealth tax proposal hemorrhages $1T as billionaires flee

Venture capitalist Chamath Palihapitiya says California’s proposed billionaire tax is accelerating an exodus of ultra-wealthy residents, a shift he ar...

Business

Federal judge delivers Mamdani early legal setback on housing market intervention

A federal judge blocked New York City Mayor Zohran Mamdani's effort to intervene in the sale of thousands of rent-stabilized rental properties on Thur...

Business

Novo Nordisk executive reports high interest for once-daily, oral weight-loss pill

Wegovy’s oral version of its injectable weight-loss drug is seeing tremendous interest, Novo Nordisk executive Dave Moore told FOX Business on Friday....

Business

Costco to open new warehouse under affordable housing development in South Los Angeles

Costco is planning to open a new Los Angeles warehouse beneath an affordable-housing complex, marking a creative expansion strategy for the retail gia...

Business

Bessent signals potential Venezuela sanctions relief 'as soon as next week': report

The U.S. could soon lift additional sanctions on Venezuela to help support oil sales, according to Treasury Secretary Scott Bessent.In an interview wi...

Business

Meta's massive nuclear power deals will help US 'win' AI race against China, executive says

Meta's latest nuclear power deals will help the U.S. "win" the artificial intelligence (AI) race against China as surging energy demand strains the na...

Business

Education secretary pushes to restore love of country ahead of 250th anniversary

As the United States prepares to celebrate its 250th birthday this July 2026, Education Secretary Linda McMahon is putting renewed focus on something...

Business

Maduro’s fall puts Iran’s deep energy and defense cooperation with Venezuela at risk

Last week’s capture of Venezuelan president Nicolás Maduro opened the world to see the mess that the country with the largest proven oil deposit in th...

Business

Anthony Hopkins purchases Goldie Hawn and Kurt Russell's former Pacific Palisades home for $13 million

Anthony Hopkins purchased the former home of a beloved Hollywood couple.Fox Business confirmed that the 88-year-old "Silence of the Lambs" star recent...