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White House economic director predicts ‘liftoff’ once trade deals and tax cuts take shape

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White House economic director predicts ‘liftoff’ once trade deals and tax cuts take shape

White House National Economic Council Director Kevin Hassett says an economic "liftoff" could be on the horizon – as the promise of trade deals, upcoming clarity on tax cuts and promising job numbers set the stage for a major turnaround. "There are going to be a lot of trade deals and there's going to be clarity on the tax cuts and then firms are going to lift off," he told FOX […]

todayMay 19, 2025 5

Sean Connery’s French Riviera ‘Bond villa’ hits market for $26.4 million

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Sean Connery’s French Riviera ‘Bond villa’ hits market for $26.4 million

Sean Connery's longtime home in Europe is looking for its new owner.The late "James Bond" actor's villa in the South of France has hit the real estate market for $26.4 million, and is listed with Savills.Featured in some scenes in the 1983 Bond film "Never Say Never Again," the home reportedly is still affectionately referred to as "Sean's place" or the "Bond Villa," by locals. Found at the edge of a […]

todayMay 18, 2025 11

Bessent says Walmart will absorb ‘some tariffs’ after speaking with retailer’s CEO

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Bessent says Walmart will absorb ‘some tariffs’ after speaking with retailer’s CEO

Walmart is going to absorb the cost of some tariffs, Treasury Secretary Scott Bessent said on Sunday after speaking with the company’s CEO in the wake of President Donald Trump’s warning that the retail giant should "eat the tariffs."Bessent detailed his conversation with Walmart CEO Doug McMillon during an appearance on CNN’s "State of the Union," when he was asked about Trump’s social media post warning the company against raising […]

todayMay 18, 2025 7

Denmark rethinks nuclear ban after Spain-Portugal blackout exposes green energy vulnerability

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Denmark rethinks nuclear ban after Spain-Portugal blackout exposes green energy vulnerability

FRANCE: After four decades of Denmark’s ban on nuclear power, the country is now considering reversing its anti-atomic stance. And that move may be part of a big change in how electricity gets generated in Europe. The Danes took note of the massive power outage last month that cut off electricity for the whole of Spain and neighboring Portugal plus some of southern France. The problem was that there was no […]

todayMay 18, 2025 9

Costco enforces strict limit on gold bar purchases as value increases

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Costco enforces strict limit on gold bar purchases as value increases

Costco is limiting the number of gold bars its members can purchase while gold prices continue rising."Limit of 1 transaction per membership, with a maximum of 2 units per 24 hours," Costco's website says, for two different 1 oz. gold bar products from Rand Refinery and PAMP Suisse Lady Fortuna Veriscan.Rand Refinery's bar sells for $3,249.99, while PAMP Suisse Lady Fortuna Veriscan's sells for $3,389.99. They are each 24-karat and […]

todayMay 18, 2025 11

Boeing, GE and Trump’s Middle East trip to remember

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Boeing, GE and Trump’s Middle East trip to remember

President Donald Trump is getting high marks for his diplomacy during his Middle East visit, but it’s his wheeling and dealing for Boeing and GE Aerospace that left investors cheering. Boeing shares tacked on 5.6% this week, while GE added nearly 8% after Qatar Airways announced an order of 210 widebody jets, the largest ever for America’s plane maker, valued at $96 billion, according to the White House. In an expanded deal […]

todayMay 18, 2025 8

Pope Leo XIV could boost Catholic church attendance in US, Augustinian says

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Pope Leo XIV could boost Catholic church attendance in US, Augustinian says

With Pope Leo XIV being the first American pontiff, it could draw more people in the U.S. back to church, according to Br. Frank Connor, a member of the Order of Saint Augustine, a mendicant religious order within the Catholic Church.Pope Leo XIV "being an American, first off, is historic. Then, being from Chicago specifically, I think it appeals to a lot of the people in the Midwest [and] in […]

todayMay 18, 2025 7

Florida Porsche dealership co-owner resigns over antisemitic text to customer: report

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Florida Porsche dealership co-owner resigns over antisemitic text to customer: report

A co-owner of a luxury car dealership in Florida is reportedly resigning after he allegedly made an antisemitic remark in a text to a customer. "I had my Porsche rep contact the factory to secure a spot at the paint to sample line for a special color before I had someone contact you," Pompano Beach Champion Motorsports/Champion Porsche co-owner Naveen Maraj allegedly wrote to a potential customer recently.Maraj allegedly sent the […]

todayMay 17, 2025 11

‘Romantic’ or real? Lighter-than-air zeppelin travel may just make it off the ground, if the market agrees

Business

‘Romantic’ or real? Lighter-than-air zeppelin travel may just make it off the ground, if the market agrees

In an age when sustainability is often sold with more sizzle than substance, one legacy aerospace technology is quietly floating back into relevance, if it can prove itself in the harsh arena of free market economics. Airships — yes, giant zeppelins — are making a cautious comeback, but their future, says historian and author John J. Geoghegan, rests not on nostalgia or novelty, but on cold, hard business.Speaking to FOX Business […]

todayMay 17, 2025 17