Business

Christopher Lloyd is ready to part ways with his Santa Barbara home.The 86-year-old actor listed his Montecito estate for $6.38 million, in partnership with listing agents Ron Brand and Arthur Kalayjian of Compass Montecito.Lloyd and his wife, Lisa, bought the property in 2017, but their ties to the area go back to 1996. The couple previously owned a nearby home that was destroyed in a 2008 fire. While they rebuilt […]

Google CEO Sundar Pichai thanked President Donald Trump Thursday for the administration’s "constructive dialogue" related to its antitrust case that was resolved this week, according to several reports. "You had a very good day yesterday," Trump told Pichai at a White House meeting that included other tech leaders like Mark Zuckerberg and Tim Cook, according to The Wall Street Journal. "Do you want to talk about that big day you had […]

Today's disappointing employment report shows that private sector jobs have been essentially flat over the past three months, while manufacturing employment has actually declined modestly in the last four months. It's a stall speed jobs report, to use Chris Waller's phrase, but it's not a recession report.Business investment in capital goods and factory orders are booming. And in a few months, middle income workers will reap the benefits of Trumpian […]

PBS informed 34 staffers Thursday they were being laid off as part of a broader downsizing effort that's resulted in 100 jobs being cut in recent months. The cuts were triggered in part by the Trump administration’s rescission package, which slashed over $1 billion in federal funding for public broadcasting."Due to the loss of federal funding, PBS eliminated close to 100 positions over the last several months, including 34 valued […]

Shares in the manufacturer of Tylenol plunged on Friday following a report that Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. is planning to release a report showing a potential link between the over-the-counter drug and autism.The Wall Street Journal reported that Kennedy's HHS is expected to release a report this month on potential causes of autism that is likely to show Tylenol taken during pregnancy and low levels of […]

Bill Ackman, CEO of New York City-based hedge fund Pershing Square Capital Management, is imploring Eric Adams to drop out of the contentious New York City mayoral race, saying that he doesn't stand a chance against newcomer Zohran Mamdani. "It is time for Mayor Adams to step aside," Ackman posted on X. While he commended Adams, who has been mayor of New York City since 2022, succeeding Bill de Blasio, for doing […]

The Labor Department's August jobs report showed that the number of immigrant workers declined over the last year while job growth among U.S.-born workers accelerated.The Bureau of Labor Statistics (BLS) data for August showed that over the last year the number of employed foreign-born workers – a metric that doesn't differentiate between legal and illegal immigrants, according to the BLS – has declined by 822,000 since last August. In that period, the number […]

Labor experts – including Trump administration top Cabinet members – are putting the blame on the Federal Reserve and Chairman Jerome Powell for the latest disappointing jobs report and signs of a weakening economy."Jerome Powell should be embarrassed by this report because he has not done his job," U.S. Labor Secretary Lori Chavez-DeRemer said on FOX Business' "Varney & Co." Friday.Treasury Secretary Scott Bessent published a Wall Street Journal op-ed […]

It's no secret that college athletics are, for lack of a better term, a mess.The transfer portal is at an all-time high, in large part because it's essentially become a pay-for-play system. It got to the point where President Donald Trump even signed an executive order to set new restrictions on payments to college athletes back in July.In a recent interview with FOX Business, Ohio State athletic director Ross Bjork […]