Business

A leading economist is warning that job creation in the U.S. economy is slowing to a crawl as the ongoing government shutdown precluded the release of the September jobs report last week.Moody's Analytics chief economist Mark Zandi wrote Sunday in a post on X noting that the shutdown forestalled the release of the September jobs report from the Bureau of Labor Statistics (BLS) as scheduled on Friday, which caused data watchers to […]

Markets are just starting to grapple with U.S.-based semiconductor giant Advanced Micro Devices' potentially industry-shaking partnership with OpenAI — and both companies' leaders are making the rounds as the future of artificial intelligence takes shape. AMD CEO Lisa Su and OpenAI President Greg Brockman joined "The Claman Countdown" Monday to discuss the massive partnership in detail. As part of the agreement, AMD will use its graphics processing units (GPUs) to power […]

FIRST ON FOX: Kentucky brought a civil lawsuit on Monday against Roblox alleging the massive gaming platform is not safe for children, joining a growing list of entities who have sued over similar allegations.Attorney General Russell Coleman alleged in the lawsuit, filed in Kentucky Circuit Court and obtained by Fox News Digital, that Roblox has insufficient guardrails for children and therefore exposes them to child predators, violence and sexually explicit […]

President Donald Trump said on Monday that his administration will impose a 25% tariff on medium- and heavy-duty trucks next month. "Beginning November 1st, 2025, all medium and heavy-duty trucks coming into the United States from other countries will be tariffed at the rate of 25%," Trump wrote in a Truth Social post.The White House did not immediately respond to FOX Business' request for comment.BACK-TO-BACK HIGHS: AUGUST AND SEPTEMBER BRING IN […]

Elon Musk's Tesla posted a pair of social media videos over the weekend that tease an unspecified announcement for Tuesday.Tesla's main account on X, the Musk-owned social media platform, posted a video early Sunday morning of a wheel or fan showing Tesla's logo starting to spin before accelerating.The video then goes to black with the date 10/7 displayed, suggesting an announcement of some sort on Oct. 7.Tesla posted a second […]

Traders in online prediction markets expect the federal government shutdown to last more than two weeks, signaling waning confidence in a near-term deal as negotiations in Washington remain at a standstill.Traders on the prediction market platform Kalshi give a 64% chance that the government shutdown will last just over 21 days. The trading volume, or the total dollar amount wagered on this market, sits just north of $2.5 million. Meanwhile, 72% […]

TelevisaUnivision CEO Daniel Alegre accused Google on Monday of being "tone-deaf" for dropping Univision from YouTube TV and urged the tech giant to restore its access. "The message that they've been sending to the Hispanic community is, going forward, if you want to access the news that is so important to you, you're going to have to pay a la carte and pay extra, which, we fundamentally believe… that it is […]

The Treasury Department announced on Monday that Social Security Commissioner Frank Bisignano will also serve as the CEO of the Internal Revenue Service (IRS).Under the move, Treasury Secretary Scott Bessent will remain in the role of acting IRS commissioner while Bisignano will report directly to him from the newly created CEO role.As the IRS CEO, Bisignano will manage the organization and be responsible for all day-to-day operations at the IRS. He […]

Nearly 90 years after Amelia Earhart vanished during her attempt to fly around the world, and amid renewed political attention regarding her disappearance, a museum in her hometown continues to honor her legacy.The Amelia Earhart Hangar Museum, which opened in 2023 in Atchison, Kansas, features more than a dozen exhibits and aims to "inspire all generations in the pursuit of flight," according to the museum's website.CACHE OF RONALD REAGAN RARE […]