Business

The Trump administration on Monday unveiled the nation’s first Workforce Pell Grant program, a federal student aid initiative designed to move Americans more quickly into high-demand jobs through short-term training and certification programs.Education Secretary Linda McMahon announced the program in a FOX Business exclusive interview on "Mornings with Maria," calling it a key part of President Donald Trump’s workforce and economic agenda.The initiative will allow eligible students to use Pell […]

A newly built home may cost more upfront, but buyers could come out ahead over time as newer properties require less maintenance and use less energy, according to a new Realtor.com report.The report suggests buyers should look beyond listing prices and consider the long-term cost of homeownership when comparing new and existing homes.The findings arrive as housing affordability continues to dominate economic concerns for many Americans ahead of the midterm […]

Thousands of Long Island Rail Road workers are officially on strike as of midnight Saturday, effectively shutting down the nation’s busiest commuter railroad in its first strike in more than three decades and threatening major economic disruption across the New York region ahead of Memorial Day travel.The strike halted service for roughly 300,000 daily riders after last-minute contract negotiations between the Metropolitan Transportation Authority and a coalition of five rail […]

A Blackstone seasoning blend has been recalled due to a potential risk of salmonella contamination, according to the U.S. Food and Drug Administration (FDA).Blackstone Products of Providence, Utah, announced it was voluntarily recalling certain lots of its Parmesan Ranch seasoning products following the discovery that California Dairies, Inc. recalled dry milk powder due to potential salmonella contamination. The affected milk powder was supplied to a third-party manufacturer and used in the […]

Gen Z shoppers are helping fuel a new chapter for America’s malls as younger consumers increasingly favor in-person shopping experiences over simply filling online carts. Their spending habits are becoming a major focus for retailers and mall operators looking to adapt to changing consumer behavior.FOX Business’ Madison Alworth joined FOX Business’ Stuart Varney on "Varney & Co." to report on how malls are redesigning spaces and adding new experiences aimed […]

Amazon is facing a new class action lawsuit accusing the company of failing to refund tariff-related costs it passed on to consumers through higher prices in order to appease the Trump administration.Consumers allege in a proposed lawsuit filed in Seattle that the tech giant collected hundreds of millions of dollars in unlawful tariff costs by raising prices on imported goods before the U.S. Supreme Court ruled in February that President […]

New York City Mayor Zohran Mamdani said Friday he has attempted to meet with billionaire Citadel CEO Ken Griffin after the hedge fund executive blasted the mayor’s viral "Tax the Rich" video targeting him.Mamdani said a member of his team reached out to Griffin but had not received a response."We reached out to set up a meeting," Mamdani said Friday. "We're still waiting to hear.""That continues to be an open […]

An organic ice cream brand has recalled select flavors over the potential presence of metal fragments, according to the U.S. Food and Drug Administration (FDA).Straus Family Creamery, based in Northern California, voluntarily recalled a limited number of production runs of its Organic Super Premium Ice Cream on Wednesday after the company discovered the potential presence of foreign metal material, according to an FDA report published Friday.The recall impacts select pint […]

Honda Motor posted its first-ever annual loss this week since it was first listed on the stock market in 1957.The Japanese car company’s bet on electric vehicle sales left it with $9 billion in restructuring costs due to low demand and President Donald Trump’s "Made in America" policies."EV demand has declined considerably, due to the rollback of environmental regulations in the U.S. and other factors," Honda said in a statement.CEO Toshihiro […]