Business

The House of Representatives on Thursday passed a trio of bills related to cryptocurrency regulations.The three bills passed along bipartisan lines despite fierce opposition from Rep. Maxine Waters, D-Calif., the top Democrat on the House Financial Services Committee.Waters called the bills "a full-scale crypto con" and accused Republicans of trying to enrich President Donald Trump, who has promoted an eponymous digital currency called $TRUMP. The Guiding and Establishing National Innovation for […]

A Washington, D.C.-based federal judge on Thursday ruled against the Trump administration over the firing of Federal Trade Commission (FTC) member Rebecca Slaughter.Slaughter, who was appointed to the independent board in 2021, was axed along with fellow member Alvaro Bedoya in March. The pair represented the Democratic minority in the five-member commission. Following the firings, both Bedoya and Slaughter released public statements announcing their intention to file lawsuits, claiming their firings […]

Gristedes Supermarkets CEO John Catsimatidis had harsh words Thursday for Zohran Mamdani and the city-owned grocery stores the New York City mayoral candidate has been proposing. While appearing on "America Reports," Catsimatidis called Mamdani a "great guy" but said the mayoral candidate "doesn’t know what the heck he’s talking about" and "knows nothing about business.""He is a created character, and we have the highest cost in the country, highest energy cost, […]

NEW YORK, NY – A Donald Trump Jr.-backed online gun retailer went public on the New York Stock Exchange on Wednesday and the president’s son spoke to FOX Business about what that means for Second Amendment advocates in the United States.Trump Jr. along with his business partner, Omeed Malik, helped take GrabAGun public on Wednesday in a move Trump’s son told FOX Business symbolizes the repudiation of anti-gun "woke" policies that […]

New York-based Krasniy Oktyabr Inc. USA is recalling a fish product due to the potential risk of botulism poisoning.The company's Aral Silver Vobla brand Aral "was found to be uneviscerated," according to a statement from the Food and Drug Administration (FDA). That means the fish went to retail stores whole, without being gutted.The product comes in a plastic vacuum-sealed bag with a blue label that has two fish inside and […]

A man in Massachusetts was doubly lucky during a Powerball drawing earlier this month. Fitchburg resident Paul Corcoran landed a $2 million pre-tax windfall from a pair of lottery tickets that won him prizes during the drawing that Powerball held on July 9, the lottery said Tuesday.Corcoran’s windfall came after he "initially bought a ticket for seven Powerball drawings and mistakenly thought the final drawing on that ticket had already occurred, […]

United Airlines was bullish on Wednesday about a "strong finish" to the year as the carrier saw demand begin to rise earlier in the month amid decreased uncertainty. The Chicago-based airline said in its second-quarter earnings report that demand posted a "sequential 6-point" acceleration beginning in early July, with business demand notching a "double-digit acceleration" compared to the second quarter. That uptick, United said, came from "less geopolitical and macroeconomic uncertainty." "Importantly, United […]

As relations between President Donald Trump and Federal Reserve Chairman Jerome Powell deteriorate, potential successors are ramping up their efforts to secure the nomination.Former Fed Governor Kevin Warsh, who is on Trump's shortlist to succeed Powell, has long called for a regime change at the Federal Reserve.TRUMP'S POTENTIAL SHORTLIST FOR THE FED CHAIR IS TAKING SHAPE"This isn’t the first time in the last decade that you’ve heard me say that […]

Two European energy giants have reached 20-year-long deals to purchase liquefied natural gas (LNG) from an American company, marking a major victory for the Trump administration.Venture Global — an energy company based out of Arlington, Virginia — will supply 2 million metric tons of liquefied natural gas each year to Eni, a multinational energy company headquartered in Rome. The contract is for 20 years, according to announcements Wednesday from the […]