Business

The latest phase of the Iran war is locked on the Strait of Hormuz and critical energy infrastructure. Already, its effects are rippling thousands of miles away in Asia.Asia is at the front line of the energy crisis, ​with shortages hitting nearly every country. Roughly a fifth of the world’s oil flows through the Strait of Hormuz, with some 80% going to Asia, according to the International Energy Agency.As Iran […]

A rare point of agreement is emerging across ideological lines as concerns grow over how artificial intelligence could reshape the American workforce.Mike Rowe, CEO of the mikeroweWORKS Foundation, joined FOX Business’ Stuart Varney on 'Varney & Co.' to discuss how rapid technological change is colliding with a long-standing shortage of skilled labor, creating what he sees as a turning point for the economy.Rowe’s warning echoes a broader message gaining traction […]

A Los Angeles jury on Wednesday found Meta and Google liable in a closely watched trial accusing social media platforms of designing their products to get young users addicted, awarding the plaintiff $3 million in damages. Meta was ordered to pay 70% of the awarded compensatory damages, while Google is responsible for the rest. The verdict came after nine days, roughly 43 hours, of deliberations. The jury is expected to make […]

JPMorgan Chase CEO Jamie Dimon said on Tuesday that the U.S. is becoming more like Europe in terms of defense procurement, and it's holding the country back.Dimon spoke at the Hill & Valley Forum, which is an annual meeting that brings together policymakers, defense leaders, tech builders and investors to discuss national security, emerging technology and U.S. competitiveness.He said he was "deeply frustrated" by what he sees as excessive bureaucracy in the […]

The American dream is becoming increasingly difficult for many women who are leaving the U.S. workforce, as new data highlights ongoing pressures tied to caregiving costs.As the rising cost of childcare and eldercare outpaces wage growth, 455,000 women left the labor market between January and August 2025, according to Catalyst, with many citing difficult trade-offs between a paycheck and the high price of professional caregiving.A recent report from the research […]

A JetBlue flight was forced to turn back shortly after takeoff Tuesday after reportedly striking a coyote on the runway at a Rhode Island airport.JetBlue Flight 1129, bound for New York’s JFK Airport, struck the animal while taking off from T.F. Green Airport Tuesday morning, according to WPRI-TV. Although the aircraft initially continued its climb, it returned to Rhode Island about 15 minutes later.Erin Drozda, a passenger on the flight, […]

A New Mexico jury on Tuesday ordered Meta to pay $375 million after finding the company violated state law by misleading users about the safety of its platforms and allegedly enabling child sexual exploitation.Jurors found the Facebook and Instagram parent company violated New Mexico’s consumer protection law following a lawsuit brought by Attorney General Raul Torrez, who accused Meta of failing to protect children from predators."The jury’s verdict is a […]

American workers are feeling more pressure in their lives, with a greater share reporting that they feel they're struggling than thriving in a new poll by Gallup.Gallup on Tuesday released fresh data for the firm's Life Evaluation Index, which measured how people rate their current and expected future lives since 2008. It asks respondents to evaluate their current and future lives on a 10-point scale, which is broken down as "thriving," […]

United Airlines is warning that airfares could rise up to 20% if the cost of jet fuel remains elevated for longer due to the spike in oil prices amid the war in Iran.United CEO Scott Kirby said in an interview on Bloomberg TV on Tuesday that the airline anticipates consumer demand for air travel will soften if higher fuel prices continue to push ticket prices higher.Kirby added that United has already […]