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Business

Treasury touts progress reducing federal spending under Trump administration

The Treasury Department is touting progress in lowering federal spending since President Donald Trump returned to the White House in January.Treasury...

Business

Musk pleads with Tesla investors to approve his massive $1T pay package deal

Tesla CEO Elon Musk jumped in at the end of the automaker's earnings call to express to investors why they should approve his $1 trillion pay package,...

Business

Microsoft CEO Satya Nadella's annual pay climbs to $96.5M

Microsoft CEO Satya Nadella saw his total compensation surge to nearly $96.5 million for fiscal year 2025, nearly double the amount he was making two...

Business

Trump administration denies report it’s seeking stakes in quantum computing firms amid China tech race

The Trump administration is not in talks to take equity stakes in U.S. quantum computing firms, the Commerce Department confirmed to FOX Business Thur...

Business

Mortgage rates drop to lowest level in over a year as buyers regain leverage

Mortgage rates dropped this week to their lowest level in more than a year, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mort...

Business

Target cuts 1,000 jobs, eliminates hundreds of open roles

Target is cutting about 1,000 corporate positions and eliminating 800 open roles as part of an effort to speed up business decision-making and drive g...

Business

Coca-Cola recalls 3 popular sodas over potential foreign material contamination

Some Coca-Cola products are being recalled over the potential presence of foreign material in the products, according to federal officials. About 1,11...

Business

NHL, Nobull sign multiyear partnership in 'perfect match' that exemplifies hockey culture

Two "no bulls---" brands have come together.The National Hockey League and Nobull announced Thursday a multiyear partnership in which Nobull is now th...

Business

Robby Starbuck on why he sued Google: 'Outrageously false’ information through artificial intelligence

EXCLUSIVE — Conservative activist Robby Starbuck spoke out about the "crazy" situation that prompted him to file a lawsuit against Google on Wednesday...

Business

Apple building American-made AI servers ahead of schedule in new Houston facility, answering Trump call

EXCLUSIVE: Apple is now building and shipping American-made artificial intelligence servers in the United States — a move that has the technology gian...

Business

Oil prices surge as Trump hits Russian energy giants with sweeping new sanctions

Oil prices jumped on Thursday after the U.S. imposed sanctions on major Russian oil companies over Russia's war in Ukraine.Brent crude futures were up...

Business

Trump pardons convicted Binance founder Changpeng Zhao

President Donald Trump pardoned Changpeng "CZ" Zhao, the convicted founder of Binance, the world’s largest crypto exchange.Zhao pleaded guilty in 2023...