Elon Musk is no longer worth more than $1 trillion, less than two weeks after becoming the first person to reach the milestone. Musk’s net worth was valued at $946 billion as of Wednesday, according to the Bloomberg Billionaires Index. That is down from about $1.11 trillion less than 14…
Treasury Secretary Scott Bessent on Tuesday outlined the Trump administration’s approach to economic statecraft in a speech in which he outlined five core principles guiding the White House’s strategy. Bessent spoke Tuesday night at the Economic Club of New York’s America 250 gala dinner and said that as the nation…
EXCLUSIVE — Former New York Gov. Andrew Cuomo is taking aim at both legacy financial institutions and Washington gridlock, warning that the U.S. is wasting time on a technology that could significantly lower costs for working-class families. Speaking exclusively with Fox News Digital about his new role as co-chair of…
As American travelers feel the pinch of inflation and elevated airline costs, Delta Air Lines CEO Ed Bastian revealed exactly what it will take for ticket prices to decline, pointing directly to a lack of market supply rather than solely fluctuating fuel costs. “People ask me all the time –…
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There’s a misconception that people need thousands and thousands of dollars before they can start investing. But in today’s world,…
Verizon is looking to attract and retain customers by offering new, simpler plans that will drop activation and upgrade fees…
The Vanguard S&P 500 ETF recently made stock market history, becoming the first ETF to reach $1 trillion in assets.…
SpaceX stock continued to surge on Tuesday following its record-setting IPO last week, with the company’s market capitalization surpassing Amazon…
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Amazon founder Jeff Bezos said that the rise of artificial intelligence (AI) won’t lead to the replacement of humans in the workforce and will instead create labor shortages. Bezos spoke at the VivaTech technology conference in Paris on Wednesday and offered an optimistic outlook on…
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The Federal Reserve is expected to hold rates steady following its monetary policy meeting this week amid the rise in inflation, while newly minted Chairman Kevin Warsh is set to hold his first post-meeting press conference. Inflation was already elevated before the Iran war jolted energy prices higher, which has…
More than 500,000 packages of macaroni and cheese sold at Aldi stores nationwide have been recalled because they may contain undeclared soy lecithin, a soy-derived ingredient that can pose a risk to people with soy allergies or sensitivities. According to the Food and Drug Administration, 58,405 cases of Park St.…
Oil prices fell on Monday to the lowest levels since early March following the announcement of a preliminary agreement between the U.S. and Iran to end the war that has strained the energy market. West Texas Intermediate (WTI) crude oil prices were down over 5% during Monday’s trading session on…
The states with the best affordability for homebuyers and that are facilitating the most construction of new homes are centered in the Midwest and South, according to a new report. Realtor.com released the 2026 edition of its housing report cards for all 50 states plus the District of Columbia, which…
In a move to capture the dual market forces of live broadcast television and digital streaming, Fox Corporation on Monday announced it is acquiring Roku, Inc. for $160.00 per share in a deal valued at an enterprise value of $22 billion. The combination pairs FOX’s live entertainment, news and sports…
Hard-working Americans looking to fire up the grill this weekend are facing major sticker shock before they even light the charcoal. As inflation continues to squeeze household budgets, the newly released Wells Fargo summer BBQ food report reveals that hosting a standard summer barbecue for 10 people has climbed to…
Ford announced a recall covering more than a quarter million Ford Focus vehicles over an issue that may cause the engine to stall unexpectedly. The recall affects 255,404 Focus vehicles from the 2012-18 model years due to an issue with the canister purge valve (CPV). These vehicles were covered by…
Elon Musk’s SpaceX began trading at $150 a share on Friday, above its listing price of $135 a share, making him the world’s first-ever trillionaire following the IPO. The rocket and satellite company raised a record $75 billion, valuing the company at about $1.8 trillion, pushing the value of Musk’s…
More than 17,000 coffee makers were recalled over a burn hazard that can cause serious injury, according to federal regulators. About 17,600 Kidisle-branded hot and iced coffee machines were affected by the recall, according to the U.S. Consumer Product Safety Commission.”The recalled coffeemakers(sic) can become clogged, causing hot liquid or…
When most people think of major stock market indexes, their minds go to the S&P 500, Nasdaq Composite, or Dow Jones because they’re the “Big 3.” One index that often flies under the radar is the Russell 2000, which tracks the smallest 2,000 companies in the Russell 3000 index. The…
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