Business

Billionaire Los Angeles Times owner Dr. Patrick Soon-Shiong announced on Monday that he would be taking the newspaper public sometime in the next year, calling it a move to democratize the paper."It's important for the paper to have the voices of all, and that's what I wanted to do, right?" he said on "The Daily Show." "Whether you're right, left, Democrat, Republican, you're an American, so the opportunity for us […]

President Donald Trump on Tuesday announced a trade deal with the Philippines. The announcement on social media came shortly after Trump met with Philippines President Ferdinand Marcos Jr., in the Oval Office. "President Ferdinand Marcos, of the Philippines, is just leaving the White House, with all of his many Representatives. It was a beautiful visit, and we concluded our Trade Deal, whereby The Philippines is going OPEN MARKET with the United States, […]

House Republicans deemed it "Crypto Week."The GOP leadership teed up myriad bills focused on regulation, and non-regulation, of cryptocurrency.It was more like cryptic week."I am tired of making history. I just want normal Congress," declared House Speaker Mike Johnson, R-La.TRUMP'S MODEST SPENDING CUTS PACKAGE SURVIVES NARROW SENATE VOTE AS SOME REPUBLICANS BREAK RANKS What Johnson referred to was the House holding open a procedural vote to begin debate on the three […]

Amid a growing standoff between President Donald Trump and Federal Reserve Chair Jerome Powell, the White House is highlighting a favorable economic report card as justification for lowering interest rates.Data compiled by the White House Council of Economic Advisers for the first six months of 2025 shows strong consumer spending, stable job growth and recovering industrial output.NEW COUNCIL OF ECONOMIC ADVISERS REPORT FINDS TARIFFS NOT CAUSING INFLATIONAt the heart of […]

A prominent southern grocery store chain is shuttering some of its locations due to poor financial performance as the industry faces growing challenges with rising competition, increased costs and shifting consumer preferences. Homeland Acquisition Corp. (HAC) Inc., which has a significant presence in Oklahoma, Texas and Georgia, confirmed to FOX Business that it is closing four locations under the Homeland, United Supermarkets and Discount Foods banners in Oklahoma. The stores are […]

President Donald Trump’s media and technology company is betting big on bitcoin.On Monday, Trump Media and Technology Group announced that the company has accumulated about $2 billion in bitcoin and bitcoin-related securities.The new bitcoin holdings now make up about two-thirds of Trump Media’s total liquid assets, worth approximately $3 billion, it announced in a press release."We’re rigorously implementing our publicly announced strategy and fulfilling our bitcoin treasury plan. These assets […]

Google released its quarterly Threat Analysis Group (TAG) bulletin on Monday, which showed that since the start of 2025, YouTube has taken down about 34,000 channels linked to Chinese, Russian or other foreign adversaries' propaganda campaigns.The last three months saw a significant decline from the first three months of the year. Between April, May and June, according to Google's Q2 TAG bulletin, just under 11,000 YouTube channels were removed. That is […]

FIRST ON FOX: Conservative pro-Trump law group America First Legal (AFL) filed complaints Monday with the Tennessee Attorney General and the Equal Opportunity Employment Commission (EEOC), alleging Cracker Barrel is maintaining discriminatory employment practices stemming from its diversity, equity and inclusion (DEI) policies.The complaints point to public documents, internal reports, and Cracker Barrel’s own language to allege the company maintains illegal DEI frameworks, such as race- and gender-conscious hiring, leadership […]

Southwest Airlines has announced a major change coming to its current seating system.The Texas-based airline previously had a "pick any seat" policy, allowing customers to purchase tickets in different boarding groups by selecting where they wanted to sit upon boarding the plane. On July 29, Southwest will be assigning seats to customers booking flights beginning on Jan. 27, 2026 — making it the last airline to drop open seating. DELTA REGIONAL PILOT […]