Business

The Justice Department is reportedly pursuing a criminal antitrust investigation of large meatpacking companies after President Donald Trump called for them to face a probe over the higher prices facing consumers.The Wall Street Journal reported, citing sources familiar with the matter, that while the DOJ indicated it was investigating beef companies following the president's request, the criminal nature of the probe hasn't been disclosed previously.Trump claimed in November that beef […]

Costco is betting big on a massive global expansion strategy, aiming to open 30 new warehouses annually over the next decade.Driven by a combined goal to fix overcrowded stores and record-breaking demand, the retail giant is moving into new territories like Port St. Lucie, Florida, while eyeing a 50-50 split between U.S. and international growth. For the American consumer, this could mean shorter lines, better parking and more access to […]

California's housing market is seeing an increase in inventory while the state's population growth slows, but strong demand stemming from longstanding scarcity has kept the market tight.An analysis by the Public Policy Institute of California (PPIC) found that the state added 677,000 housing units over a six-year period in which California's population grew by only 39,000 residents.Despite the relative growth in the number of housing units available, vacancy rates showed […]

Kevin Warsh, President Donald Trump’s pick to lead the Federal Reserve, is set to deliver a pointed message to lawmakers Tuesday: the Fed must stay independent on interest rates, but not above accountability.In prepared remarks obtained by FOX Business, Warsh vows to keep monetary policy "strictly independent," while making clear the central bank should not operate unchecked across its broader responsibilities."The Fed must stay in its lane. Fed independence is […]

Amanda Cruz thought she was playing it safe, as the New Jersey real estate agent recently placed an offer for a client at $150,000 over the asking price — a figure she feared was "a little bit high for the market."It turns out she wasn't even close."Someone else came in much higher than us. Like, we weren't even in the ballpark," Cruz explained in a now-viral social media post currently […]

Rising tensions in the Middle East are spilling into domestic energy policy debates as lawmakers weigh how global conflict is hitting Americans at the pump. With oil markets reacting to instability around the Strait of Hormuz, concerns over supply disruptions are now colliding with questions about whether U.S. energy policy serves domestic consumers first.Rep. Ro Khanna, D-Calif., joined FOX Business’ Maria Bartiromo on "Mornings with Maria" to argue that the […]

Macy’s is recalling thousands of Arch Studio tea kettles after federal safety officials warned of a potential burn hazard tied to the product.The recall, announced April 16 by the Consumer Product Safety Commission (CPSC), affects approximately 4,600 units, according to the agency.Officials said the tea kettle’s handle can detach during use when heated, posing a risk of serious injury due to burns. The company has received three reports of the […]

Your next date could be AI-verified. Tinder is one of several companies working with World, formerly known as Worldcoin, to let users prove they are human and not robots with the help of eye-scanning technology.With the increased availability of AI, bad actors have begun using the technology to fuel romance scams across platforms, including dating apps. Tinder warns that romance scammers are often professionals, noting such schemes netted more than […]

A Las Vegas military veteran is pushing back against his homeowners’ association (HOA) after reportedly being cited for displaying vintage fire hydrants tied to his military service and decades-long firefighting career.Brent Saba — a fire inspector and firefighter — said his HOA recently ordered him to remove three non-operational hydrants placed in front of his home. The association claimed the items violate neighborhood rules governing front and side yard landscaping, […]