Business

Treasury Secretary Scott Bessent downplayed claims on Sunday that tariffs were harming American businesses and consumers, arguing that any short-term costs were outweighed by long-term benefits to U.S. competitiveness.Bessent argued that President Donald Trump's economic agenda has only been in effect for "a couple of months" and that the tariff policies need more time to play out. He added that the sweeping measures will strengthen domestic manufacturing and create new construction […]

The U.S. government collected $31.4 billion in tariff revenues in August, the largest monthly haul so far in 2025, underscoring the continued impact of trade duties on the economy.Total tariff revenue for 2025 has reached more than $183.6 billion, according to the latest "Customs and Certain Excise Taxes" figures released on Aug. 29 by the Treasury Department. TRUMP SAYS US WOULD BE 'DESTROYED' WITHOUT TARIFF REVENUETariff revenues rose steadily from $17.4 […]

The 2025 NFL season is here, and Jake Paul is here to help bettors win money.Paul launched Betr Picks in 2023 to get sports fans to dive into player props, and it has undergone a complete overhaul.The app now has a new user interface, more sports offerings and projections, and a 10,000x payout multiplier.CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COMTo celebrate the, in Paul's words, "completely revamped" app, each […]

Microsoft's cloud service is suffering disruptions due to undersea fiber optic cable cuts in the Red Sea, the company announced Saturday.Microsoft's Azure is the second largest cloud services provider in the world, following Amazon's AWS. The company warned that users may experience higher latency when data traffic is sent through the Middle East due to the cuts."We do expect higher latency on some traffic that previously traversed through the Middle […]

The Dallas Cowboys Cheerleaders recently received a 400% raise to $75 an hour for the 2025 season, marking a victory that also raises questions over whether the iconic squad's new compensation now reflects their true value.The raise was secured by the end of season two of Netflix's "America's Sweethearts: Dallas Cowboys Cheerleaders," which premiered in June and highlighted the challenges squad members face. Four-year veteran Megan McElaney revealed on the […]

American farmers say they are being squeezed not only by rising costs but also by ongoing restrictions that prevent them from fixing their own equipment, leaving them stuck with hefty bills and long wait times for repairs they could often handle on their own.Virginia farmer John Boyd Jr. told FOX Business that when one of his John Deere tractors has a diagnostic trouble code, displayed to indicate problems, his equipment […]

Kristin Cabot, the married former Astronomer executive caught on a kiss cam cuddling with her boss during a July Coldplay concert, has filed for divorce from her husband, according to a report. Cabot filed the divorce petition in a New Hampshire court Aug. 13, less than a month after cellphone video taken of her date with her also-married boss went viral online, according to the Daily Mail. Cabot and former Astronomer CEO […]

While tennis fans have been flocking to Honey Deuces and palomas at the U.S. Open, Heineken has its own hit specialty at the Billie Jean King National Tennis Center.For the second year in a row, Heineken sold its nonalcoholic beer in limited-edition "L0VE.L0VE" cans, a play on the scoreless tie in the sport.Heineken 0.0 is the top-selling nonalcoholic beer over the last five years, and with last year's inaugural cans […]

Things have never been better for the U.S. crypto industry, and the Winklevoss twins, Tyler and Cameron, have a roadmap to keep it that way after donating $21 million in bitcoin to the Digital Freedom Fund PAC, which supports pro-crypto candidates.  "The midterms are critical to keeping the American Golden Age going. What we know from history is that the Democrats will resort to bad faith tactics and lawfare if […]