Business

Americans are facing a midnight deadline to file their 2025 tax return, but the refunds that await the majority of taxpayers are larger on average than a year ago with taxpayers in certain states receiving higher refunds, according to a new report.An analysis by Upgraded Points of how refund amounts have changed across geographic areas and income levels finds that the estimated average refund for 2026 is $3,571, with 72.9% […]

WrestleMania 41 proved to be as impactful to Las Vegas as it was to the pro wrestling industry as fans who were in the city last year saw John Cena win his historic 17th WWE championship.TKO Group Holdings said in a press release on Wednesday that WrestleMania 41 "delivered WWE’s largest economic impact number measured to date with $322.2 million." When the number is combined with Riyadh Season’s Canelo Alvarez […]

A widening gap between heavily regulated states and those with lighter rules is increasingly shaping where businesses choose to operate, as compliance costs and administrative hurdles weigh on growth.JAMIE DIMON SAYS NEW YORK, OTHER CITIES FACE WORKER 'EXODUS' AS LAWMAKERS PUSH HIGHER TAXESFOX Business’ Madison Alworth joined FOX Business’ Stuart Varney on "Varney & Co." to report on how regulatory burdens are influencing economic decisions across the country.Recent data from […]

Rolls-Royce Motor Cars CEO Chris Brownridge unveiled Project Nightingale — the first model in the company’s newly launched Coachbuild Collection — during a FOX Business exclusive interview Tuesday, describing it as a "very special" addition to the ultra-luxury brand’s lineup."Today, we're announcing Project Nightingale," Brownridge told "The Big Money Show" co-host Taylor Riggs. "Project Nightingale is a very special motorcar for Rolls-Royce. It is the first of our Coachbuild Collection," he […]

A Massachusetts town is asking homeowners to absorb what many are calling a staggering increase, a proposed 50% increase in property taxes that could add thousands of dollars to annual bills and intensify pressure on already strained household budgets.JAMIE DIMON SAYS NEW YORK, OTHER CITIES FACE WORKER 'EXODUS' AS LAWMAKERS PUSH HIGHER TAXESFOX Business’ Gerri Willis joined FOX Business’ Stuart Varney on "Varney & Co." to report on a contentious […]

The Trump administration is sending letters to banks in four areas about handling Iranian money.The letter obtained by FOX Business says the Treasury Department has evidence that banks in Oman, the UAE, Hong Kong and China have allowed Iranian funds used for illicit activities to be funneled through them.A senior administration official not authorized to speak publicly says this is the first step to adding secondary sanctions on those banks, […]

7-Eleven is planning to close hundreds of stores across North America this year as the convenience store giant trims its footprint following recent declines in the region.Parent company Seven & i Holdings said in a recent filing that 645 7-Eleven locations are slated to close during its 2026 fiscal year, which began in March. The closures include some stores that will be converted into wholesale fuel sites rather than traditional […]

A wave of aggressive tax proposals is hitting voters this election cycle, as states push sharply different plans that could reshape how governments raise revenue. From efforts targeting high-net-worth individuals to proposals aimed at eliminating major taxes altogether, the growing divide is forcing voters to weigh competing visions of fiscal policy.JOSH ALTMAN SOUNDS ALARM ON CALIFORNIA WEALTH TAX, SAYS WORKERS WOULD PAY THE PRICEFOX Business’ Gerri Willis joined Stuart Varney […]

The deadline to file 2025 tax returns is looming on Wednesday, April 15, and while tens of millions of taxpayers have filed their returns, there will likely be millions filing extensions to give themselves until the fall to submit their returns.Taxpayers who need more time to file their 2025 tax return can request an extension before the April 15 deadline by filling out an online form. Extensions give taxpayers until Oct. […]