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The Federal Reserve on Thursday responded to the Trump administration's inquiry into cost overruns in the central bank's renovations of its Washington, D.C., headquarters amid its efforts to pressure the Fed into lowering interest rates.The Fed's renovations of its headquarters, the Marriner S. Eccles Building, and another building in the nation's capital have experienced cost overruns, which pushed the estimated cost from about $1.9 billion before the COVID pandemic to $2.5 […]

FIRST ON FOX: The Transportation Security Administration (TSA) announced Friday its intention to create dedicated security lines for families traveling at some airports across the US. The initiative is part of the Department of Homeland Security’s "Families on the Fly" campaign to alleviate difficulties for families traveling in groups, which also includes reducing invasive pat-downs on minors, and eliminating self-identified breast milk screening in TSA PreCheck lanes."DHS and TSA are committed to making […]

Northrop Grumman is producing vital semiconductor chips in the U.S.The Virginia-based defense company manufactures millions of chips in America each year, FOX Business correspondent Max Gorden reported Friday from its factory in Baltimore, Maryland.At the facility, Gorden showed a "wafer" that contained "thousands of microchips." "They’re all on here, and then they’re eventually cut out toward the end of the process," he explained. GET FOX BUSINESS ON THE GO BY CLICKING HEREHe […]