Federal Reserve Governor Stephen Miran on Tuesday called for the central bank to make aggressive interest rate cuts this year. “I’m probably looking for a little bit more than a point of interest rate cuts over the course of the year,” Miran told FOX Business Network’s Maria Bartiromo on “Mornings…
EXCLUSIVE: Corporate America has long claimed that progressive social activism reflects the will of customers and shareholders — but a growing group of investors is now pushing back against that idea. A Christian investment firm that manages more than $4 billion in assets is targeting dozens of major corporations this…
Tax season officially began last week and American taxpayers who are due to receive tax refunds are likely to see them reach their accounts within a few weeks, depending on how they filed their returns. The IRS announced that Jan. 26 was the official start of the tax filing season, allowing taxpayers…
Gold and silver prices have seen significant volatility in recent weeks following a surge in prices over the past two years. The spot price of gold is up 67% over the last year while the silver spot price has risen 158% in that time – though the asset prices plunged…
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General Motors on Tuesday announced a multibillion-dollar charge related to the realignment of its electric vehicle (EV) strategy following the…
Amazon is closing all of its Amazon Go and Amazon Fresh locations and increasing its focus on Whole Foods Market,…
The New York Stock Exchange’s quiet expansion into Texas is gaining rapid traction, with NYSE President Lynn Martin revealing that…
Another major financial giant is planting its flag in Florida. Wells Fargo confirmed to Fox News Digital that it is…
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President Donald Trump on Friday announced that he is nominating Kevin Warsh to succeed Jerome Powell as chairman of the Federal Reserve, ending months of speculation over who he’d pick to head the central bank. “I have known Kevin for a long period of time,…
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A group of former Federal Reserve chairs and Treasury secretaries released a joint statement defending Fed Chair Jerome Powell after he revealed the Trump administration’s Justice Department is threatening to criminally indict him over his testimony about the Fed’s renovations. The group includes former Fed Chairs Ben Bernanke, Allen Greenspan and…
The Labor Department is set to release the December consumer price index (CPI) on Tuesday, which is expected to show inflation remaining elevated above the Federal Reserve’s 2% target as data collection disruptions from the government shutdown linger. The consensus forecast compiled by FactSet estimates that headline inflation rose 0.3% on…
Exclusive: President Donald Trump will interview Rick Rieder, BlackRock’s chief investment officer of global income, this week to possibly be the next chairman of the Federal Reserve, administration sources told FOX Business. The sources said the interview with Rieder will take place on Thursday at the White House. It will…
The Food and Drug Administration announced that a recall of cheese products has been upgraded to the most serious risk category after testing positive for a potentially deadly bacteria, Listeria monocytogenes. The Ambriola Company first issued a voluntary recall in November for certain cheese products produced at the company’s facility…
Consumer sentiment ticked higher in early January despite lingering concerns about inflation and a weak labor market, according to the latest release from the University of Michigan’s Surveys of Consumers. Michigan’s Consumer Sentiment Index rose to 54 in January’s preliminary reading from a final reading of 52.9 in December. That was…
Patriotism is on the upswing with that momentum coinciding with President Trump’s first year of his second term. The 1789 Capital Growth Equity Fund, which invests in U.S. security and capitalism plays, saw assets swell to $2 billion through December 31, 2025, after starting the year at just $200 million.…
The U.S. economy saw modest job growth in December as employers hired at a steady pace amid economic uncertainty. The Labor Department on Friday reported that employers added 50,000 jobs in December. That figure was cooler than the expectations of economists polled by LSEG, who projected 60,000 jobs would be added…
More than 13,000 wireless chargers sold in the U.S. at T.J. Maxx and Marshalls have been recalled over fears that they could “explode while in use,” according to the U.S. Consumer Product Safety Commission. The Isla Rae-branded magnetic wireless chargers were recalled on Thursday.”The chargers can explode while in use,…
The IRS on Thursday announced the start date for the 2026 tax filing season later this month, when taxpayers will be able to start filing their returns for the past year. Taxpayers may begin filing their 2025 tax returns on Monday, Jan. 26, the IRS announced. That will give taxpayers more than…
President Donald Trump on Wednesday announced plans to ban institutional investors from purchasing single-family homes in what he sees as a means of improving affordability for Americans. Trump wrote in a post on his Truth Social platform that, “For a very long time, buying and owning a home was considered the…
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