Business

Honda Motor posted its first-ever annual loss this week since it was first listed on the stock market in 1957.The Japanese car company’s bet on electric vehicle sales left it with $9 billion in restructuring costs due to low demand and President Donald Trump’s "Made in America" policies."EV demand has declined considerably, due to the rollback of environmental regulations in the U.S. and other factors," Honda said in a statement.CEO Toshihiro […]

The price of gasoline is set to drop as the Organization of Petroleum Exporting Countries (OPEC) appears poised to collapse, experts predict. OPEC has long kept crude oil prices higher than they would otherwise be. If this pans out, it will be a major victory for the Trump administration, which is resetting global energy markets.The news of a probable end of the oil cartel also vindicates President Donald Trump, who […]

Coffee giant Starbucks is slashing about 300 U.S. support roles and closing some regional support offices."We are taking further action under the Back to Starbucks strategy, building on our strong business momentum and working to return the company to durable, profitable growth," a Starbucks spokesperson said in a statement to FOX Business."Leaders have taken a hard look at their respective functions to further sharpen focus, prioritize work, reduce complexity, and lower costs. As a result, we’re eliminating approximately 300 U.S. […]

President Donald Trump said that Chinese President Xi Jinping agreed to order 200 Boeing jets during their high-level meeting in Beijing.Speaking in an exclusive interview with Fox News host Sean Hannity, Trump described his talks with the Chinese leader as "very good" and said the aircraft commitment exceeded Boeing’s expectations."One thing [Xi] agreed to today: he's going to order 200 jets. That's a big thing. Boeing — 200 big ones. […]

Federal Reserve Governor Stephen Miran officially submitted his resignation Thursday, which will take effect upon or shortly before his successor, Chairman-designate Kevin Warsh, is sworn in.The former chair of President Donald J. Trump's Council of Economic Advisors (CEA), who began his term in September 2025, Miran resigned from his role as CEA chair in February, following through on a commitment to the Senate to fill the Federal Reserve seat vacated […]

According to reports, President Xi Jinping did a little saber-rattling over the Republic of China on Taiwan with President Trump. More or less, he seemed to be saying if America doesn’t handle Taiwan properly, the two countries will clash — and put the relationship in great jeopardy.No one really knows what that means, forever and ever we’ve had a policy of strategic ambiguity, which amounts to an American defense of […]

Americans are rethinking when to retire and claim Social Security as longer lifespans collide with uncertainty over the program’s future.Social Security could reach insolvency by late 2032 or early 2033, potentially triggering automatic benefit cuts if Congress fails to act. At the same time, Americans are living longer, stretching retirement from roughly 15 years to closer to three decades in some cases, according to Realtor.com.More than 68 million Americans rely […]

What if your security system didn’t just record problems, but prevented them?A delivery arrives and blocks an emergency exit. Instead of going unnoticed until it becomes a compliance issue, an AI-enabled camera flags the problem immediately, alerting staff before it escalates. When an unfamiliar vehicle pulls into the parking lot, AI cameras trained to recognize license plates, make, model and color of authorized vehicles can tag anything that doesn't belong.These […]

Americans of all ages are facing affordability concerns, with retirees on fixed incomes in particular feeling the strain – though where they choose to live in their golden years has a big impact on their ability to live comfortably.A study by MoneyLion analyzed the monthly savings needed to retire comfortably across states after accounting for the national average expenses for retired households, as well as whether the retiree would have […]