Business

A federal judge ruled Alphabet-owned Google has monopolies in the online publisher ad server and ad exchange markets. That ruling was from U.S. District Court for the Eastern District of Virginia Judge Leonie Brinkema. In her ruling, she said Google "has willfully engaged in a series of anticompetitive acts to acquire and maintain monopoly power in the publisher ad server and ad exchange markets for open-web display advertising." "For over a decade, Google […]

The Consumer Financial Protection Bureau (CFPB) on Thursday moved forward with sweeping layoffs at the agency as the Trump administration looks to remake the consumer enforcement agency.A source familiar with the process told FOX Business that more than 1,500 workers at the CFPB will receive reduction-in-force notices. The layoffs are across the CFPB's core functions, including supervision of financial institutions and its enforcement arm.Following the job cuts, the CFPB will […]

BlackRock CEO Larry Fink, who oversees the world's largest asset manager, published his highly anticipated annual letter to investors in April. While the timing coincides with volatile global financial markets impacted by U.S. tariff negotiations, Fink attempts to cut through the noise to identify opportunities and trends that can help institutions and investors build wealth.  Read More ​Latest Business News on Fox Business 8cca25a2-d1f2-516a-87e6-9c53d1242518, fbn, Fox Business, fox-business/organization/blackrock, fox-business/markets, fox-business/markets/stocks, fox-business/markets/bonds, […]

Taco Bell is returning crispy chicken nuggets to its menu next week as the company looks to make them and crispy chicken a fixture in the future.The Yum! Brands-owned chain’s locations will once again offer its crispy chicken nuggets, marinated in "zesty jalapeno buttermilk flavor" and covered in a "blend of bread crumbs and crispy tortilla chips," beginning April 24, according to a Thursday press release. That move, the brand said, […]

The U.S. and the European Union will absolutely strike a trade deal amid looming tariffs, according to President Donald Trump.  Meloni’s visit to Washington comes amid a pause in harsh tariffs against the European Union and other countries that could go into effect in June. But Trump said the U.S. and the EU would lock down a deal before then. "There will be a trade deal, 100%," Trump told reporters at […]

The average U.S. credit score slipped nationwide, largely due to the resumption of federal student loan delinquency reporting on U.S. consumers’ credit reports, according to FICO.The scoring agency reported that the national average U.S. FICO score – used as a benchmark for assessing consumer credit risk – fell to 715, marking a one-point drop from January and a two-point decline from April 2024.FICO scores, which range from 300 to 850, […]

Yesterday was tax day, which would've been a good time for the White House to put to rest all the rumors of a Republican tax hike. Instead we got a Bloomberg article entitled: "Millionaire Tax Hike Gains Steam as Trump Signals Openness." Now openness doesn't mean the President would sign off on it. Knowing him, he's open to discussing a lot of things that he ultimately rejects. That's why I […]

A bipartisan group of lawmakers is pushing to make the adoption tax credit refundable, which could allow more families to get the credit even if it is more than their "tax burden."The "Adoption Tax Credit Refundability Act" was introduced by Republicans and Democrats on the House and Senate sides, and similar legislation has been introduced in prior years.Current tax law allows "qualified expenses" for adoption to be claimed on a […]

Married student loan borrowers on income-driven repayment (IDRs) appeared to no longer have to worry about the possibility of an increase in the size of their monthly payments, according to Forbes.The outlet on Wednesday reported the Department of Education Acting Under Secretary James Bergeron said in an revised court filing on Tuesday the agency "expects that by May 10, 2025, servicers will implement the treatment of spousal information for ICR, IBR, […]