fox-business/economy
Google’s $40 billion Texas data centers to create thousands of jobs
‘The Big Money Show’ panel reacts to former Google CEO Eric Schmidt warning America is falling behind in the A.I. race. Alphabet’s Google is investing $40 billion to build new data centers in two Texas counties. The announcement, made Friday, said one of the new data centers will be in Armstrong County, in the Texas […]
Government shutdown delays October CPI report release indefinitely
Capitalist Pig hedge fund manager Jonathan Hoenig discusses the lingering impact of inflation on Americans’ finances and shares his exotic stock of the week on Varney & Co. The longest government shutdown in history has impacted the release of several key economic reports, including October inflation numbers that were due to be released on Thursday, leading […]
Starbucks baristas launch ‘Red Cup Rebellion’ strike in 45 cities nationwide
Check out what’s clicking on FoxBusiness.com. More than 1,000 unionized Starbucks baristas went on strike at 65 stores in major U.S. cities Thursday, protesting stalled labor negotiations with the company. The strike aimed to disrupt Starbucks’ Red Cup Day — one of its busiest days — when the company hands out free reusable cups to […]
New York, New Jersey lose nearly $700B from their tax base since 2013: report
New York state lawmaker and Assembly Ways and Means Committee Ranking Member Ed Ra weighs in on whether Mayor-elect Zohran Mamdani’s tax plans could become a reality. A new analysis finds that the states of New York and New Jersey have lost billions of dollars from their tax base amid an exodus of residents in […]
Sardar Biglari urges Cracker Barrel shareholders to vote against CEO, board member
Fox News contributor Liz Peek argues Cracker Barrel’s logo change was unnecessary on ‘The Bottom Line.’ Activist investor Sardar Biglari intensified his campaign against Cracker Barrel’s leadership, urging shareholders to vote against CEO Julie Felss Masino and board member Gilbert Dávila in the company’s upcoming annual meeting. Two major proxy advisory firms, Institutional Shareholder Services […]
VA loans offer veterans 0% down payment options for home purchases
Military veterans and the CEOs of RedBalloon and MilitaryHire speak exclusively to Fox News Digital about how they’re helping service members transition into the civilian workforce. U.S. military veterans are eligible for a wide range of benefits through the Department of Veterans Affairs (VA), with popular benefits ranging from healthcare to assistance funding higher education […]
Trump warns Supreme Court of $3 trillion economic unwind over tariffs
‘The Big Money Show’ panel discusses President Donald Trump’s tariff-divided plan for lower and middle-income Americans. President Donald Trump issued a warning Monday on Truth Social, claiming the U.S. Supreme Court received “the wrong numbers” in a pending case that challenges his authority to impose tariffs under emergency powers. Trump said an adverse decision could […]
Honda issues recall affecting over 400,000 Civics over risk of wheels coming off
Check out what’s clicking on FoxBusiness.com. More than 400,000 Honda Civics were recalled after the automaker discovered that a manufacturing issue may cause wheels to come off the vehicle while moving. Honda announced the voluntary recall on Friday, impacting roughly 406,000 cars sold in the U.S. with model years from 2016-2021. The issue, stemming from […]
Consumer sentiment hits 3-year low amid government shutdown fears
The Big Money Show panel discusses how rising grocery, housing and utility costs are impacting lower-income households. U.S. consumer sentiment declined to its lowest level in more than three years and near an all-time low as households’ concerns about the economic impact of the government shutdown mounted, according to new data. The University of Michigan’s Index […]
Airlines are ‘going to lose millions of dollars’ over canceled flights: Duffy
Senate Majority Leader John Thune, R-S.D., joined ‘America’s Newsroom’ to discuss the latest on the effort to end the government shutdown as the upper chamber will likely test a vote on a new funding plan. Secretary of Transportation Sean Duffy told FOX Business on Friday that major U.S. airlines are “going to lose millions of […]