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LARRY KUDLOW: Trump can turn off the economic Russian spigot

Business

LARRY KUDLOW: Trump can turn off the economic Russian spigot

President Trump is meeting with Vladimir Putin in Anchorage, Alaska. Like everyone, I hope the meeting goes well and Putin agrees to a cease-fire as the first step toward a peace deal that will end the Russia-Ukraine war.If Vladimir Putin misbehaves, President Donald Trump can completely turn off his economic and monetary spigot.If anybody can negotiate an end to the war, Mr. Trump can. As I have said, Trump comes to […]

todayAugust 15, 2025 8

Blue states plan new tax hikes on wealthy residents in response to Trump’s federal tax legislation

Business

Blue states plan new tax hikes on wealthy residents in response to Trump’s federal tax legislation

Blue states around the U.S. are planning tax hikes on wealthy residents to bring in additional revenue through a variety of proposals, including one state's so-called "Taylor Swift tax."The moves come after the enactment of the One Big Beautiful Bill Act (OBBBA) by President Donald Trump and Republicans in Congress, which permanently extended many of the 2017 tax cuts and included other new tax relief provisions as well as spending cuts […]

todayAugust 15, 2025 12

GOP senator, labor secretary visit Louisiana alligator farm touting new pro-worker legislation

Business

GOP senator, labor secretary visit Louisiana alligator farm touting new pro-worker legislation

Sen. Bill Cassidy is touting the One Big Beautiful Bill Act and new pro-worker legislation he co-sponsored to help businesses and their employees.Cassidy, R-La., and Labor Secretary Lori Chavez-DeRemer visited Walls Alligator Farm in Springfield, Louisiana, and spoke with owner Barry Wall about his family's business and what Wall hopes to see the newly enacted law do for his company.Founded in 1986 by Allen "Dick" Wall, the four-generation, family-owned farm […]

todayAugust 15, 2025 7

FDA warns Americans to avoid certain popular sunscreen products

Business

FDA warns Americans to avoid certain popular sunscreen products

Federal health officials are warning Americans to avoid sunscreens marketed in whipped, mousse and foam because they aren't approved as effective methods for applying the product.  The Food and Drug Administration (FDA) has sent warning letters to several companies – including Supergoop – over sunscreen products sold in whipped, mousse and foam forms. According to the agency, these products are labeled and marketed as drugs but have not been FDA-approved […]

todayAugust 15, 2025 7

Wall Street banks race to win Trump admin’s favor for massive Fannie Mae, Freddie Mac IPO deal

Business

Wall Street banks race to win Trump admin’s favor for massive Fannie Mae, Freddie Mac IPO deal

Several Wall Street banks are pitching President Donald Trump about handling the initial public offering (IPO) of Fannie Mae and Freddie Mac, sources told FOX Business Network's Maria Bartiromo.Bartiromo reported Friday morning on "Mornings with Maria" that, "Wall Street banks are cozying up to President Trump right now because they want the business of the Fannie and Freddie IPOs if that's where this is going.""My sources tell me there are a number […]

todayAugust 15, 2025 4

Buffett sparks UnitedHealth’s biggest stock surge in 17 years

Business

Buffett sparks UnitedHealth’s biggest stock surge in 17 years

Warren Buffett is helping revive shares of beleaguered UnitedHealthcare Group after taking a $1.6 billion stake in the company, according to filings with the Securities and Exchange Commission.UnitedHealth shares are on pace for the best one-day percentage gain since 2008, as tracked by Dow Jones Market Data Group. Still, the stock is down more than 50% over the past 12 months. Investors, taking a cue from Buffett’s interest in healthcare, also […]

todayAugust 15, 2025 12

Customs busts $400M trade duty-evasion ring involving China and others

Business

Customs busts $400M trade duty-evasion ring involving China and others

EXCLUSIVE: U.S. Customs and Border Protection has busted up a duty-evasion ring attempting to evade President Trump’s tariffs, FOX Business exclusively reports. The CBP uncovered over $400 million in unpaid trade duties through investigations permitted under the Enforce and Protect Act (EAPA), a tactic used to police and stop illegal transshipments and other methods aimed at defrauding the U.S. government. That figure is expected to rise as the investigation deepens. "CBP’s EAPA program […]

todayAugust 15, 2025 16

House Republican pushes bill to make it easier for Trump to fire Fed chair

Business

House Republican pushes bill to make it easier for Trump to fire Fed chair

FIRST ON FOX: A House Republican wants to give President Donald Trump an easier pathway to firing Federal Reserve Chair Jerome Powell.Trump has previously threatened to fire Powell for not lowering interest rates and has gone so far as to draft a letter giving him the boot. Despite his frustration, the president has changed course and said he would allow Powell to finish his term that expires next May. Still, he's […]

todayAugust 15, 2025 6

Boar’s Head Virginia plant to reopen a year after deadly listeria outbreak

Business

Boar’s Head Virginia plant to reopen a year after deadly listeria outbreak

The Boar’s Head meat packaging plant in Virginia that was tied to a deadly listeria outbreak is going to reopen this year. Boar’s Head told FOX Business that it's been working with the U.S. Department of Agriculture (USDA) to develop "a plan to re-open our Jarratt facility in a measured, deliberate way in the coming months." The company said it "has an unwavering commitment to food safety and quality," which the company […]

todayAugust 15, 2025 4