Business

President Donald Trump’s artificial intelligence and crypto czar David Sacks said Tuesday on "The Claman Countdown" that it was "very important" to partner with Middle Eastern countries like the United Arab Emirates and Saudi Arabia in tech deals.His appearance on "The Claman Countdown" came after Trump traveled to the Middle East last week to visit Saudi Arabia, the UAE and Qatar, leading to over $2 trillion in deals spanning various […]

President Donald Trump went to Capitol Hill on Tuesday to talk to congressional Republicans about the reconciliation bill that will serve as a vehicle for tax cut legislation and urged them to avoid making cuts to Medicaid.Potential changes to Medicaid have been discussed as part of the process of drafting the tax cut package to help offset the lost revenue with spending deductions. Among the reforms in the proposal are stronger work […]

Conor Daly is one of the top contenders to win the Indianapolis 500 Sunday, and he'll start the race in the middle of row four on the grid.The Juncos Hollinger Racing (JHR) driver will have ampm as his primary sponsor of the No. 76 Chevrolet as he looks to finish the weekend holding the Borg-Warner Trophy and drinking some milk in the winner’s circle.JHR and ampm announced their partnership earlier […]

The United Kingdom, alongside the European Union, on Tuesday took direct action against Russia with sweeping sanctions after President Donald Trump’s talk with Russian President Vladimir Putin failed to advance ceasefire negotiations.Western leaders have warned that Putin is merely buying time by claiming to be open to negotiations, but in actuality refusing to stop not his invasion of Ukraine, but targeted strikes on civilians.The U.K. unveiled 100 new sanctions targeting […]

National Air Traffic Controllers Association (NATCA) President Nick Daniels said recent outages "underscore" the necessity to update the country’s air traffic control system. "The key is making sure that the capacity of the system matches our capabilities and right now, while we continue to have these outages, it just underscores the need for an investment in the modernization of the air traffic system," Daniels told FOX Business’ Grady Trimble. The country’s air […]

JPMorgan CEO Jamie Dimon still isn't a fan of Bitcoin but he's not letting his personal feelings get in the way of business at the bank. "When I look at the Bitcoin universe, the leverage in the system, the misuse," he said at the company’s annual investor day Monday in New York. Noting that bad actors can use it for sex trafficking and terrorism. "I am not a fan of it. We […]

Barstool Sports founder and President Dave Portnoy isn’t afraid of dipping into hot water over his take on former President Joe Biden’s seemingly late cancer diagnosis."This is a question I think people deserve answers to," Portnoy said on "Varney & Co." Tuesday. "I mean, you got Chuck Schumer, you got Pelosi, Obama, whether he's involved. And obviously Kamala knew, too. She's family, [she] said, 'I'm the last person in the […]

General Motors (GM) is halting the export of some U.S. vehicles to China. The Detroit-based automaker had been doing so through the Durant Guild, a "lifestyle platform" that the Detroit-based automaker created in 2022 to make certain U.S. vehicles available in the country. Employees and dealers for its China export business received notification about its move to stop shipping vehicles to China from the United States late last week, Reuters reported."The Durant […]

Home Depot said Tuesday that it doesn't plan to raise prices because of tariffs, defying a broader trend in the retail industry. "We intend to generally maintain pricing across our portfolio. We'll continue to use the portfolio approach that we've talked a lot about in the past, but we don't see broad-based price increases for our customers at all going forward," William Bastek, executive vice president of merchandising, told analysts during […]