Business

Google and Justice Department lawyers appeared before a federal judge Monday to begin trial proceedings in a landmark antitrust case — one that will determine just how far Google must go to break up its monopolistic online search engine.The high-stakes trial, slated to play out in court over the next three weeks, could historically alter the fate of one of Silicon Valley's biggest, most domineering tech giants.Both the Justice Department […]

During his tenure as the head of the Catholic Church, Pope Francis, who died Monday at age 88, spoke about how businesses and the economy should support the poor, while pushing back on suggestions he was anti-capitalist.The Vatican announced the death of Francis on Monday after he recently battled double pneumonia, following a series of health challenges in recent years. Francis had recovered enough to participate in Easter Sunday festivities […]

President Donald Trump is having a sit-down with several retailers regarding the tariffs he has imposed on goods imported from foreign countries.Bloomberg reported the meeting on Monday will be between the president and big-name retailers like Target, Walmart, Home Depot and Lowe’s. Fox Business confirmed the meeting will take place. Trump’s tariffs and their effect on companies will be at the center of the talks, according to the outlet. They will take […]

Business leaders around the world mourned the death of Pope Francis by posting tributes and condolences on social media Monday morning. Francis, who suffered from chronic lung disease, died at 88 years old on Monday morning, according to Cardinal Kevin Ferrell, the Vatican camerlengo."His entire life was dedicated to the service of the Lord and of His Church. He taught us to live the values of the Gospel with fidelity, courage, […]

Transportation Secretary Sean Duffy on Monday warned New York Gov. Kathy Hochul that the state "risks serious consequences" should it fail to end its congestion pricing toll by May 21, according to a letter obtained by Fox News.In the letter, Duffy gave New York another month to shut down or explain why the state is not breaking the law with the $9 fee for most vehicles entering Manhattan's core south […]

Tariffs, the Fed and America’s crumbling reserve currency – the economic volatility is painting a gloomy fiscal picture that will result in a recessionary slowdown, according to one expert."The dollar is weakening, and that always leads to future inflation," Forbes Media Chairman and editor-in-chief Steve Forbes said on "Varney & Co." Monday."Since 2023, gold's gone from $1,800 to $3,400 an ounce. That's a sure sign we're going to have a […]

Stocks fell on Monday as investors watched for signs of progress on trade talks, and after President Donald Trump continued criticizing Federal Reserve Chairman Jerome Powell.The Dow Jones Industrial Average tumbled more than 1,200 points, or 3.2%, while the S&P 500 and Nasdaq Composite were down 3.2% and 3.4%, respectively.Trump, in a post on Truth Social, attacked Powell and claimed energy costs and food prices are "substantially lower" and that […]

World Economic Forum founder Klaus Schwab, who recently turned 87, has stepped down from the organization's board of trustees."Following my recent announcement, and as I enter my 88th year, I have decided to step down from the position of Chair and as a member of the Board of Trustees, with immediate effect," Schwab told the board, according to a WEF news release.The WEF's board of trustees includes notable figures such […]

Chinese airlines have begun returning Boeing aircraft to the U.S., with one 737 Max recently landing back at a Boeing production hub in Seattle over the weekend, according to Reuters.Saturday’s return occurred shortly after China ordered its airlines not to take further deliveries of Boeing aircraft in response to the U.S. imposing 145% tariffs on Chinese goods, Bloomberg News reported last week.A trio of 737 Max 8 jets that were […]