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Business

Trump administration scales back proposed tariffs on Italian pasta makers following review

The U.S. is backing off proposed tariffs that threatened to deal a major blow to Italy's pasta industry, reducing duties on several leading producers....

Business

Luxury automaker recalls more than 173,000 vehicles in the US over rearview camera issue

Porsche is recalling 173,538 vehicles in the U.S. due to a defect that could cause rearview cameras to go dark while drivers are backing up.The recall...

Business

Year in review: How President Trump’s economic agenda is shaping up so far

President Donald Trump's economic agenda has produced a mixed but closely watched set of results so far. Economic growth has picked up, inflation has...

Business

IRS guidance for Trump's 'no tax on tips' and overtime deductions: What to know

The new year will bring a host of tax benefits that Americans can take advantage of when filing their taxes in a few weeks. The IRS released its guida...

Business

Sprinkles Cupcakes permanently closing all stores after 20 years in operation, founder says

Sprinkles Cupcakes, the bakery chain best known for its cupcake ATMs, is permanently closing all of its stores.Candace Nelson, the company's founder a...

Business

Jeff Bezos and Lauren Sánchez Bezos celebrate holidays with luxury trips to Aspen and St. Barts

Jeff Bezos and his wife Lauren Sánchez Bezos celebrated the holidays in high style, splitting time between Aspen and St. Barts.The Amazon founder, 61,...

Business

Palantir CEO Alex Karp nabs Aspen-area ranch for $120M

Palantir CEO Alex Karp bought Colorado's St. Benedict's Monastery, once home to Trappist monks, for a hefty $120 million. The Aspen-area ranch will be...

Business

Nearly half of Americans feel financially behind as 2025 comes to a close, poll shows

Nearly half of Americans say they feel they are falling behind financially as inflation continues to strain household budgets, according to a new Fox...

Business

Court rules Trump administration must fund consumer finance watchdog

A federal judge ruled on Tuesday that the Trump administration is legally required to secure funding for the U.S. Consumer Financial Protection Bureau...

Business

Mortgage rates hit 2025 low as homebuyers catch a break

Homebuyers can usher in 2026 with a little relief as mortgage rates fell to the lowest level of 2025 in the final report of the year. Freddie Mac's la...

Business

Trump narrows Fed chair picks, January decision expected

Ahead of the New Year's holiday, President Donald Trump said he will make a decision on who he wants to lead the Federal Reserve by January. Current C...

Business

Duffy says California does not have extension on deadline to cancel foreign nationals' trucker licenses

Secretary of Transportation Sean Duffy said on Tuesday that the California Department of Motor Vehicles does not have an extension to the deadline for...