Business

A Florida sales tax holiday that typically applies to hunting, fishing and camping equipment has been expanded this year, covering firearms and ammunition for the first time.Starting Monday, those purchasing firearms and ammunition in Florida will be exempt from sales tax through the end of the year. It is the first time the items have been included in the sales tax holiday that applies to hunting, fishing and camping supplies, […]

People living in a Midwest city known for its natural beauty and outdoor recreation are sounding the alarm on a proposed data center with a price tag of $1.6 billion.More than 300 acres of farmland in Menomonie, Wisconsin, has already been annexed and rezoned by the city council, but some members say they need more information from developers about the project.The data center proposal was brought to the city by […]

National Economic Council Director Kevin Hassett said on Sunday that the Federal Reserve's monetary policy decisions shouldn't be subject to political influence amid the Trump administration's calls for the central bank to cut interest rates.Hassett appeared on CBS News' "Face the Nation," where host Margaret Brennan cited a CBS poll that found 70% of Americans want the Fed to make decisions independently of President Donald Trump, though 59% of Republicans want the […]

Few people think about the Federal Reserve when choosing their lucky Powerball numbers. Yet, Saturday’s drawing, the third-largest jackpot in U.S. history, is fueled in part by the Fed’s high interest rates. When officials at the Fed and President Donald Trump debate rates, they are most likely not concerned about lottery jackpots. But the unusual stretch of higher rates shows how the same decision can cut both ways—costing some Americans money while […]

Chrysler parent company Stellantis is recalling more than 91,000 Jeep Grand Cherokee hybrids in the U.S. due to a software malfunction that may result in a loss of drive power, the National Highway Traffic Safety Administration (NHTSA) said on Thursday.Some Jeep Grand Cherokee Plug-In Hybrid Electric Vehicles, model years 2022 through 2026, may have an overloading of the battery pack control module microprocessor, causing it to reset. When this happens, […]

Treasury Secretary Scott Bessent downplayed claims on Sunday that tariffs were harming American businesses and consumers, arguing that any short-term costs were outweighed by long-term benefits to U.S. competitiveness.Bessent argued that President Donald Trump's economic agenda has only been in effect for "a couple of months" and that the tariff policies need more time to play out. He added that the sweeping measures will strengthen domestic manufacturing and create new construction […]

The U.S. government collected $31.4 billion in tariff revenues in August, the largest monthly haul so far in 2025, underscoring the continued impact of trade duties on the economy.Total tariff revenue for 2025 has reached more than $183.6 billion, according to the latest "Customs and Certain Excise Taxes" figures released on Aug. 29 by the Treasury Department. TRUMP SAYS US WOULD BE 'DESTROYED' WITHOUT TARIFF REVENUETariff revenues rose steadily from $17.4 […]

The 2025 NFL season is here, and Jake Paul is here to help bettors win money.Paul launched Betr Picks in 2023 to get sports fans to dive into player props, and it has undergone a complete overhaul.The app now has a new user interface, more sports offerings and projections, and a 10,000x payout multiplier.CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COMTo celebrate the, in Paul's words, "completely revamped" app, each […]

Microsoft's cloud service is suffering disruptions due to undersea fiber optic cable cuts in the Red Sea, the company announced Saturday.Microsoft's Azure is the second largest cloud services provider in the world, following Amazon's AWS. The company warned that users may experience higher latency when data traffic is sent through the Middle East due to the cuts."We do expect higher latency on some traffic that previously traversed through the Middle […]