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Treasury chief Bessent defends $20B Argentina swap amid Senate pushback
SlateStone Wealth Chief Market Strategist Kenny Polcari discusses Argentina’s currency crisis as President Donald Trump offers a financial lifeline on ‘The Big Money Show.’ Treasury Secretary Scott Bessent hit back at Sen. Elizabeth Warren, D-Mass., defending the Trump administration’s decision to provide Argentina a $20 billion currency swap line with Argentina’s central bank earlier in […]
Trump administration sanctions Russian oil giants to pressure Ukraine war end
U.S. Treasury Secretary Scott Bessent announces sanctions against Russia will be coming on ‘Kudlow.’ The Treasury Department under President Donald Trump sanctioned Russia’s two largest oil producers, Rosneft and Lukoil, on Wednesday, escalating pressure on the Kremlin to end its war in Ukraine. Treasury Secretary Scott Bessent said the move targets the oil companies that […]
Tesla battery defect prompts recall of thousands of cars across the U.S.
Valtrion CEO Rob Luna discusses why he’s holding Tesla stock long-term, his conviction in autonomous technology and AI and the small-cap stocks he says could lead the next market surge on ‘Making Money with Charles Payne.’ Tesla is recalling 12,963 vehicles in the U.S. over a battery pack defect that could cause a sudden loss […]
US national debt hits historic $38 trillion milestone for first time
Committee for a Responsible Federal Budget President Maya MacGuineas warns that the nation’s $38 trillion debt and rising spending are ‘unsustainable,’ urging lawmakers to address entitlement reform and restore fiscal discipline. The U.S. national debt surpassed another historic milestone as it topped $38 trillion for the first time this week, as the federal government continues to […]
Beer company Molson Coors announces 400 job cuts amid restructuring
Tilray CEO Irwin Simon explains his company’s cannabis-infused beer and discusses President Donald Trump’s decision on reclassifying marijuana on ‘The Claman Countdown.’ Molson Coors Beverage Company announced Monday that it plans to eliminate about 400 jobs by the end of the year, as part of a sweeping corporate restructuring plan. The cuts – which represent […]
Mega Millions jackpot reaches $680M
Check out what’s clicking on FoxBusiness.com. The Mega Millions jackpot surged to an estimated $680 million ahead of Friday night’s drawing, making it the ninth-largest prize in the game’s history. The pot grew after no ticket matched all six numbers from Tuesday night’s drawing. The white balls were 2, 18, 27, 34 and 59. The […]
California Democrat and Nebraska Republican urge Trump to drop coffee tariff
Arkansas Lt. Governor Leslie Rutledge discusses President Donald Trump’s trade war with China on ‘Mornings with Maria.’ FIRST ON FOX: Reps. Ro Khanna, D-Calif., and Don Bacon, R-Neb., are urging President Donald Trump to exempt coffee from reciprocal tariff measures that are “drastically increasing its price.” Coffee prices were up 20.9% from a year ago […]
SNAP food stamps funding could be delayed in November for 42 million Americans
Fox News senior congressional correspondent Chad Pergram has the details from Capitol Hill on ‘Varney & Co.’ Millions of Americans who rely on federal food assistance could face benefit delays if Congress does not break its budget stalemate. The U.S. Department of Agriculture (USDA) sent a letter on Oct. 10 to all regional Supplemental Nutrition […]
$3 bet becomes $1 million jackpot on Nevada ‘Wheel of Fortune’ slot
The Venetian Resort Las Vegas President and CEO, Patrick Nichols, details the resort’s renovation project, the integration of the Sphere, tourism trends and gaining market share. A $3 bet turned into a million-dollar miracle Friday when a lucky Nevada player hit it big on a “Wheel of Fortune” slot machine. “Congratulations to a local guest […]
Jana Partners teams with Travis Kelce to invest in Six Flags parks
Check out what’s clicking on FoxBusiness.com. JANA Partners, a New York-based investment firm, has tapped NFL superstar Travis Kelce for a venture that is the literal definition of fun. Kelce joins a group, which also includes consumer executive Glenn Murphy and technology executive Dave Habiger, that is investing in Six Flags Entertainment Corporation – the […]