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Browsing: Business

Business

Bessent says government shutdown 'starting to cut into muscle' and economy may be losing billions per day

Treasury Secretary Scott Bessent on Wednesday said the ongoing government shutdown could be costing the U.S. economy billions of dollars per day.Besse...

Business

Gas prices could drop below $3.00 mark nationwide as costs continue falling across America: reports

The average cost of gasoline nationwide is hovering near the $3 mark and could soon dip below it, some industry experts say.The national average stood...

Business

Chinese company launches autonomous flying taxi with 100-mile range

A pilotless taxi developed in China that can fly more than 100 miles on a single charge launched this week.EHang Holdings introduced the VT35 on Monda...

Business

REI to close three Northeast stores in 2026 as it adapts to shifting markets and customer needs: report

Outdoor retailer Recreational Equipment, Inc. (REI) reportedly plans to close three of its U.S. stores next year.The closures will affect REI location...

Business

LARRY KUDLOW: China going rogue is gonna hurt them a whole lot more than us

The long and the short of the U.S.-China fisticuffs is that no trade barriers are coming down, and no new trade openings are popping up. China has gon...

Business

NYC mayoral candidate Mamdani doubles down on socialist policies such as free buses, universal childcare

New York City mayoral candidate Zohran Mamdani is standing by his proposal to raise taxes on the city’s wealthiest residents and corporations to fund...

Business

Some popular protein powders contaminated with unsafe amounts of lead, study reveals

A new study shows some popular protein powders and shakes lining grocery store shelves contain unsafe amounts of lead, with several products far excee...

Business

Whirlpool CEO says Trump tariffs create 'level playing field' for US manufacturing expansion

Whirlpool Corp. announced plans on Wednesday to invest $300 million in its Ohio laundry manufacturing facilities.The investment from Whirlpool, announ...

Business

Trump official says federal job cuts will top 10K during shutdown as judge puts firings on hold

The top official at the Trump administration's budget office said that the number of federal job cuts during the ongoing government shutdown could exc...

Business

Trump admin slams China’s 'global power grab' on rare earths, threatens triple-digit tariffs

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer spoke on Wednesday about what they refer to as a "global power grab" by...

Business

Free market groups warn Trump: British patent plan would weaken US tech edge, empower China

FIRST ON FOX: More than two dozen conservative policy and business groups are urging President Donald Trump to push back against a United Kingdom pate...

Business

Stellantis unveils massive $13B US investment plan

Stellantis, the parent of Chrysler, Jeep and Ram, unveiled plans on Tuesday to invest $13 billion to boost its U.S. domestic manufacturing footprint o...