Business

President Donald Trump said Monday that his administration is planning to address the cost of farming equipment by easing regulatory burdens on equipment manufacturers.Trump made the comments during a roundtable about issues affecting the U.S. agriculture industry, including the administration's plan to provide a roughly $12 billion bailout to farmers affected by trade disruptions related to tariffs."The other thing I'd like to add… and I think it's very important, we're going […]

President Donald Trump announced Monday that the U.S. will permit Nvidia to export its artificial-intelligence (AI) chips to China and other countries, partially reversing a Biden-era restriction on high-end chip exports.  Trump said the U.S. will gain a 25% share from the H200 chip exports and that the trade will be closely monitored to safeguard national security."I have informed President Xi, of China, that the United States will allow Nvidia to […]

It may well be that there’s an affordability crisis and consumers have no confidence in America or President Trump. But sometimes facts speak louder than political conjectures or biased polls.Black Friday spending surged this year to new highs, fueled by record-breaking online spending that reached $11.8 billion on Black Friday alone, according to Market Data. Online sales on Black Friday made up about 10% of total sales for the entire […]

FIRST ON FOX: The White House is celebrating the reopening of a steel furnace in Illinois that will usher in hundreds of jobs — pointing to it as an example of the president's economic pledge to increase U.S. jobs. "American Steel, American Jobs — that’s what President Trump promised, and that’s what President Trump is delivering," White House spokesman Kush Desai told Fox News Digital Monday. "U.S. Steel’s new plans to […]

Home sellers have struggled to get the price they're looking for in the market this year, which has contributed to an influx of delistings, according to a Realtor.com report.Realtor.com's monthly housing trends for November found that delistings in the month of October were up 38% compared with the same month last year. Additionally, delistings over the course of 2025 to date are up about 45% from the same period in […]

Anxiety has given way to hope on Wall Street.Stocks are back near records, recovering from a slump spurred by fears that the excitement about the artificial-intelligence boom has outstripped the potential profits.Optimism about AI has proved durable. But other important factors are also powering gains. Here’s a look at some of the reasons investors expect that the rally could go further from here:Stocks currently look very expensive by some measures, […]

Treasury Secretary Scott Bessent said he expects the U.S. to end the year with a better-than-expected 3% gross domestic product (GDP) growth.Bessent appeared Sunday on CBS News' "Face the Nation" and was asked by host Margaret Brennan about whether President Donald Trump was wrong to predict this spring that Americans may buy "two dolls instead of the 30 dolls" and that "maybe the two dolls will cost a couple of bucks […]

Shake Shack is closing up its shop inside San Francisco's largest mall as new owners take over the beleaguered property. A Nov. 25 filing with state labor officials revealed that the fast-food chain will permanently close its location inside the Westfield San Francisco Centre on Market Street on Dec. 14, a move that will impact 26 employees.Shake Shack told FOX Business that San Francisco Centre, which has been plagued by soaring […]

President Donald Trump raised antitrust concerns over the proposed Netflix takeover of Warner Bros. Discovery on Sunday, warning that the combined market share could be a problem.Netflix on Friday agreed to acquire Warner Bros. Discovery's film and television studios and streaming platform, HBO Max, in a cash-and-stock deal valued at $27.75 per Warner Bros. Discovery share. "It’s got to go through a process, and we’ll see what happens… Netflix is a great […]