Business

President Donald Trump has no excuses to make for low inflation or affordability or anything concerning the economy. His first-term record of strong growth and barely minimal inflation was so vastly better than Joe Biden to begin with. And now, because of a couple of individual food prices, Democrats and the lefty media are somehow trying to label Trump as an inflationist.Here are just a couple of numbers. Mr. Trump […]

Ford unveiled its new world headquarters building in a grand opening ceremony over the weekend.Twice the size of the automaker's Glass House headquarters that opened in 1956, the new 2.1 million square-foot building in Dearborn, Michigan, is intended to bring employees from the company’s engineering, design and technology teams together in one location. Construction of the building is expected to be completed in 2027."This campus and this awesome new World […]

Shares of Alphabet, Google's parent, touched an all-time high Monday of $293.95, before giving back some of those gains, after Berkshire Hathaway disclosed it bought nearly 18 million shares valued at over $4 billion in the third quarter.The move served as an endorsement of the tech giant's artificial intelligence efforts amid heightened worries over a looming bubble. Plus, it is one of the final major investments by the conglomerate under […]

U.S. Agriculture Secretary Brooke Rollins pushed back on predictions that Americans could soon pay $10 per pound for beef, telling FOX Business the Trump administration’s plan to expand grazing lands and reopen key cattle ports is expected to bring prices down by next summer — and keep them lower through 2026."The Trump administration has released a new plan. We are moving toward opening up five million acres of grazing land," […]

Steakhouse chain Sizzler is making a comeback with a new refreshed look even as the quick-service restaurant sector continues to face a challenging environment that has prompted countless closures. Creative agency Tavern, tasked with helping the brand reinvent itself, said the steakhouse had been a pop culture icon in the 1980s and 1990s on the West Coast, but "over the years the brand faced an identity crisis and lost its way." […]

Agriculture Secretary Brooke Rollins said Monday the Trump administration will require all participants in the nation’s largest food assistance program to reapply for benefits in an effort to prevent fraud.Recipients of the Supplemental Nutrition Assistance Program (SNAP), which supports more than 40 million Americans, will need to demonstrate that their households still meet eligibility requirements to continue receiving benefits.Rollins said SNAP, meant to be a lifeline for low-income households, was […]

U.S. Treasury Secretary Scott Bessent revealed more details about how the Trump administration is fighting for everyday affordability and what’s next in the plan to deliver $2,000 paychecks to working Americans.During an exclusive interview on "Sunday Morning Futures" with FOX Business’ Maria Bartiromo, Bessent warned that the "perfect storm" is brewing for inflation while spotlighting federal responses."This is the perfect storm," Bessent responded to a question about the possibility of […]

Traders on the prediction market Kalshi are showing little confidence that Americans will see new stimulus checks, putting the odds of so-called "tariff rebate" payments at just 5% heading into the end of the year.That’s down from about 13.4% earlier this month, reflecting fading expectations for any government payouts tied to tariff revenue. The trading volume, or the total dollar amount wagered on this market, sits a little over $451,000.TRUMP […]

President Trump on Sunday touted improvements in consumer prices and said some retailers are offering lower-cost Thanksgiving meals compared to what they charged under the Biden administration. Speaking to reporters at Palm Beach International Airport before departing for Joint Base Andrews, Trump said prices are "already at a much lower level than they were with the last administration.""From an economic standpoint, our prices are coming down very substantially on groceries and […]