Bessent: New Fed chair pick coming by Christmas
Federal Reserve Chair Jerome Powell's term ends in May 2026, but that isn't stopping Treasury Secretary Scott Bessent from moving ahead with finding his replacement.
Fed governor says current economy is 'calling for large interest rate cuts' to help job market
Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher.
Target bets on $5B store revamp plan to revive sales
Target announced a $5 billion investment to expand with larger stores and revamp existing locations despite ongoing sales challenges and market pressures.
Nearly 1 in 4 American households living paycheck to paycheck, report reveals
A new Bank of America Institute report shows 24% of U.S. households live paycheck to paycheck in 2025, up from last year as inflation continues to outpace wages.
5 on board American Airlines flight hospitalized after odor diverts plane
American Airlines Flight 2118 was diverted to Houston, Texas, after the crew "reported fumes in the flight deck and cabin," according to the FAA.
Homeowners insurance costs could spike over next 2 years
Homeowner insurance premiums could surge 16% by 2027 as climate disasters drive rates higher, adding pressure to the housing affordability crisis.
Tyson Foods to close major beef plant, scale back operations as cattle supplies decline
Tyson Foods will close its Nebraska beef plant affecting 3,200 workers and scale back Texas operations as cattle shortages force major industry restructuring.
Dagen McDowell warns Trump team not to ‘fib about gasoline prices’
‘The Big Money Show’ panel discusses the Trump administration’s focus on affordability and the economy and dissects the latest stock market projections.
Airlines add fuel stops, use backup plans to avert Thanksgiving travel snarls after pipeline leak near airport
A pipeline leak disrupts jet fuel at Seattle airport during Thanksgiving week. Airlines prepare backup plans including extra fuel stops to avoid delays.
Economist explains why there will be better growth next year
Former JPMorgan Chase chief economist Anthony Chan weighs in on National Economic Council Director Kevin Hassett's forecast for the economy on 'Varney & Co.'
US holiday spending expected to top $1T for the first time ever
‘The Big Money Show’ panel discusses how Americans are still opening their wallets this Black Friday despite inflation, rising credit card debt and fears of an economic slowdown.
White House pushes back on DOGE disbandment claims
Economist Stephen Moore weighs in on the Trump administration denying a report that DOGE has been disbanded and Treasury Secretary Scott Bessent's forecast on the economy on 'Varney & Co.'
House Majority Whip Emmer seeks to finalize government funding before end of year
House Majority Whip Tom Emmer, R-Minn., discusses his push to finalize government funding by the end of the year, President Donald Trump’s proposed $2K tariff checks and more on ‘Mornings with Maria.’
Fed's Waller says he fits the bill for central bank leadership after Bessent meeting
Federal Reserve Governor Christopher Waller discussed his meeting with Treasury Secretary Scott Bessent as speculation grows about his potential Fed chair appointment.
Lutnick expects Supreme Court to side with Trump on tariffs, opening door to $2K payouts
Commerce Secretary Howard Lutnick says Trump administration will win Supreme Court tariff case, defending new trade policies for American manufacturing.
Fed Governor Waller backs December rate cut: 'No evidence' labor market is rebounding
Federal Reserve Governor Christopher Waller joins FOX Business’ Edward Lawrence for an exclusive interview where he signals support for another quarter-point rate cut in December as inflation cools and the labor market weakens.
Beef prices are close to record highs — but Americans aren’t cutting back
Americans spent $40 billion on fresh beef in 2024 despite record prices. Economists explain why strong demand keeps pushing grocery store costs higher.
Who is John Furner, Walmart’s newly named CEO?
John Furner is being promoted to Walmart's global CEO after leading U.S. operations since 2019. He started his Walmart career as a summer intern.
Celebrity realtor Mauricio Umansky slams Los Angeles mayor over ‘tremendous mistake’ on rent control
Celebrity realtor Mauricio Umansky slams Los Angeles rent control as 'tremendous mistake' on Fox Business, arguing policy fails to solve housing crisis.
New car prices soar to historic high as buyers face mounting sticker shock
Car prices are nearing a historic milestone as the average cost of a new vehicle approaches $50,000, with buyers facing $766 monthly payments and rising interest rates nationwide.