Business

Office of Management and Budget director Russ Vought defended the Trump administration's sweeping economic package on Sunday, pushing back on concerns it could balloon the national debt. Vought called it a "paramount fiscally responsible bill" and said the White House remains confident it will pass the Senate and reach President Trump's desk sometime in July, despite pushback from some Republican lawmakers and headlines over a major breakup between Elon Musk and […]

Treasury Secretary Scott Bessent has accused California's Gov. Gavin Newsom of threatening to commit tax evasion after he threatened to stop paying the "over $80 BILLION" in taxes the state pays to the federal government.Newsom's threat comes amid President Donald Trump's vow to impose large-scale fines on the state of California for allowing a biological male to compete in girls' sports and win multiple state titles."A Biological Male competed in […]

Disneyland Park is celebrating its 70th anniversary, and the company that started the magic is sharing details about its economic impact in the U.S.Disney parks coast-to-coast generate nearly $67 billion annually and support more than 400,000 direct and indirect jobs, according to a new report prepared by Tourism Economics, a division of Oxford Economics."Disney defines the themed entertainment business in America, and our presence is felt across the country," Josh […]

A town in South Florida not far from Palm Beach is drawing luxury homebuyers.Jupiter, situated in northeastern Palm Beach County and well-known for its golf courses, has become a popular place for wealthy individuals to buy homes in recent years, according to real estate experts. Seth Mansfield, an agent with Douglas Elliman and a Forte Luxe sales executive, told FOX Business that he is seeing a lot of wealthy people come […]

A set of dumbbells once sold at Costco is now under recall.Johnson Health Tech Trading and the Consumer Product Safety Commission (CPSC) issued the voluntary recall of the BowFlex 552 adjustable dumbbells on Thursday "due to reports that the weight plates can dislodge from the handle during use, posing an impact hazard."Along with the dumbbells – which were sold at Costco, Best Buy, Dick's Sporting Goods, and online through Amazon […]

The Los Angeles home once shared by Ben Affleck and Jennifer Garner has a new owner.After just one week on the market, the Brentwood home the former Hollywood power couple once shared sold for more than the $9.5 million asking price after multiple offers. Garner reportedly purchased the home in 2004 for $5.5 million, and Affleck moved in after their marriage in 2005. After four years in the home, the couple […]

As the U.S. continues to face challenges with its housing market, one real estate tycoon is pointing the finger at Fed Chair Jerome Powell for the industry’s downfall. Grant Cardone, the CEO of Cardone Capital, argued that Federal Reserve Chairman Jerome Powell "caused" the country’s "housing crisis" during his appearance on "Mornings with Maria" on Monday."He [Jerome Powell] has done more damage to the middle class and to housing in this […]

Ford Motor Co. is giving Mustang fans another taste of nostalgia.The automaker on Saturday unveiled the 2026 Mustang FX package, which pays tribute to the third generation of the vehicle and its 1980s and 1990s styling that became commonly known among enthusiasts as the Fox body Mustang.The new package features two 19-inch wheel designs, with the standard being a new take on the vehicle's existing split-five spoke design, while the […]

A federal judge handed Denver, Colo., a financial win after ruling against the Trump administration in a lawsuit over federal funding.The administration had threatened to withhold $4 billion in federal transportation grants. Denver and other local governments argued that in its threat, the Trump administration issued "unlawful and politically motivated funding conditions."TRUMP ADMIN DROPS BIDEN-ERA SOUTHWEST AIRLINES LAWSUIT OVER DELAYSThe requirements came from a memo issued by Transportation Secretary Sean […]