New IRS rule on Venmo, Cash App payments threatens to sweep up millions of Americans
Taxpayers need to prepare to report transactions exceeding $600 that are received through Venmo, PayPal and other cash apps to the IRS starting in 2023.
Musk compares old Twitter to 'Lord of the Rings' villain, launches effort to tame bots
Twitter CEO Elon Musk refers to old social media platform as fantasy villain Wormtongue, while also launching efforts to control bots and trolls.
Biden admin pushes back against WTO rejection of Trump's tariffs on steel, aluminum
The WTO's rejection of former President Trump's tariffs on imports of aluminum and steel has prompted pushback from the Biden administration and the U.S. steel industry.
House GOP ready to investigate Biden administration’s ‘war on American energy’
House Republicans plan to hold the Biden administration accountable for "recklessly attacking a critical industry" when they take over the Oversight Committee in January
Larry Kudlow: Biden FTC is trying to strangle US business and free market capitalism
FOX Business host Larry Kudlow tears apart President Biden's Federal Trade Commission, claiming they are socialists who want America last on 'Kudlow.'
Brian Moynihan added to short list to replace Yellen at Treasury
As rumors spread about Secretary of the Treasury Janet Yellen's departure, Brain Moynihan, the CEO of Bank of America is considered a potential replacement.
White House denies involvement in Twitter censorship despite 'direct contact' on COVID 'misinformation'
The White House on Friday said the government was "not involved" in any of the content-moderation decisions Twitter made after the Twitter Files revealed censorship of conservatives.
Millions of borrowers mistakenly told they were approved for student loan relief
Millions of borrowers received erroneous emails notifying them they were approved for Biden’s student loan forgiveness plan. Here’s what to do if you don’t qualify.
US states raising minimum wage, with four above $15
Multiple states in the U.S. are raising their minimum hourly wages come January 2023, with four states across the West and East Coasts increasing to $15 or above.
Stuart Varney: Biden’s energy policy is a ‘failure’ despite low gas prices
FOX Business’ Stuart Varney discusses the price of gas in the U.S. and the impact of Biden’s ‘failed’ energy policy on Americans.
Georgia company selling 'Let's Go Brandon'-themed wrapping paper on track to double last year's sales
A Georgia apparel company that sold roughly $1 million worth of "Let's Go Brandon" wrapping paper last year has expanded its inventory and expects to double sales this year.
European energy firms capture most leases in California offshore wind auction
The Biden administration sold offshore wind farm rights to mostly European countries for an area off the coast of California. Bids drew $757.1 million.
Baby formula shortage getting worse despite White House intervention
FOX Business' Lydia Hu reports on the near-year-long baby formula shortage as the Biden administration struggles to solve the problem impacting parents.
Biden admin drags its feet on TikTok security deal as Republicans sound alarms
President Biden's administration is dragging its feet on negotiations with TikTok to let the Chinese-owned company operate in the U.S. long-term amid concerns of data security.
House Republicans try to ensure proliferating Biden regulations are not destroying small businesses
House Republicans called on the Biden administration to ensure its historical levels of regulations do not disproportionately impact small businesses.
FBI involvement in Twitter censoring of Hunter Biden laptop story downplayed: ‘How far’ did ‘collusion’ go?
Sen. Marsha Blackburn, R-Tenn., says Americans want to know "how far" cooperation went between the FBI and Twitter to suppress the Hunter Biden laptop story.
China’s Xi Jinping meets with Saudi rulers in economic power play: 'No longer a competitor'
China and Saudi Arabia will look to finalize about 20 deals that would result in about $29 billion in investments that would also expand Beijing's influence in the region.
Tim Cook says Apple will buy U.S.-made chips built at TSMC's Arizona factory
Apple CEO Tim Cook confirmed Tuesday that the iPhone maker would be purchasing U.S.-made semiconductors built at Taiwanese firm TSMC's Arizona factory.
Biden visits Arizona computer chip plant, discusses job growth
President Biden discussed his economic plan Tuesday while touring a large computer chip factory under construction in Arizona.
Maine lobstermen warn Biden admin is trying to put them out of business with harsh eco rules
Industry groups and Maine lawmakers are warning that a pending environmental regulation would decimate rural communities along the state's coast that rely on the lobster industry.