Wall Street CEO: US markets are going to keep ‘leading the world’
KBW CEO Tom Michaud joins ‘Mornings with Maria’ to break down the U.S. economy, bank earnings, credit quality and crypto regulation.
Markets
Private sector added 109,000 jobs in April, above expectations, ADP says
The figure reported on Wednesday is above economists’ estimates of an increase of 99,000 jobs. The prior month's reading was revised lower to a gain of 62,000 jobs.
Money
SEC releases proposal to usher Wall Street into optional semiannual reporting
The SEC proposed allowing publicly traded companies to switch from quarterly to semiannual reporting using a new Form 10-S, offering more regulatory flexibility.
Lifestyle
Costco recalls popular product in 2 states over potential ingredient mix-up
A USDA recall alerts Costco shoppers in the Northeast after Giovanni Rana ravioli mislabeling may pose a serious risk to those with shellfish allergies.
Real Estate
Bay Area banker wants to swap his $8M estate for AI company stock
Storm Duncan is offering his Mill Valley home and 11-acre property, valued at nearly $9 million total, in exchange for pre-IPO Anthropic AI shares.
Best of Business
Dave Portnoy blasts self-checkout tip kiosks over gratuity guilt: ‘I don’t do it to be a nice guy’
Barstool Sports founder and President Dave Portnoy weighs in on the new tipping trend that has caused consumers to further squeeze their bank accounts.
Tech
FDA approves fruit-flavored vapes for first time after reported Trump pressure
The FDA for the first time authorized non-tobacco-flavored vaping products, approving fruit-flavored e-cigarette pods made by Los Angeles-based Glas Inc.
Sports
UFC, Bud Light team up to make already highly anticipated summer of fights that much better: 'A fan delight'
UFC unveiled its Bud Light Summer Series, beginning in Newark and expanding nationwide, setting the stage for one of the promotion’s biggest summers ever.
Small Business
Built on grit: FOX Business crowns three ‘Made in America’ small business winners
A veteran-staffed construction firm, a souvenir shop owner and bourbon makers are crowned winners of the first FOX Business "Made in America" small business contest.
Personal Finance
Tens of millions of taxpayers may be owed IRS refunds from COVID-era
Tens of millions of taxpayers may qualify for IRS refunds or reduced penalties from the COVID emergency period, but face a July 2026 filing deadline.
Luxury Properties
Johnny Carson's former Bel Air mansion hits the market for staggering $40M price tag after decades
Johnny Carson's former Bel Air mansion hits the market for $40 million. The 9,052-square-foot luxury home features six bedrooms, a tennis court and a pool.
Rich & Famous
Dolly Parton opens Dollywood's 41st season, promises more projects ahead: 'I ain’t near done'
Dolly Parton kicked off top-ranked Dollywood's new season and reassured fans about her health. The park unveiled a major new attraction for this year, and continues to expand.
Gadgets
Recall reannounced for power banks after charger causes fire on plane, death to 75-year-old woman
Federal regulators reannounced a recall of 429,000 Casely MagSafe power banks after a woman's death and a fire on a plane from overheating chargers.
Your Money
Fox-owned Credible promotes Robert Humann to CEO role
Credible promotes Chief Revenue Officer Robert Humann to CEO after nearly 10 years with the Fox Corporation-owned consumer finance technology platform.
Future Tech
'Romantic' or real? Lighter-than-air zeppelin travel may just make it off the ground, if the market agrees
In an era of “green" gimmicks and sky-high risk, author John J. Geoghegan says only capitalism can determine if lighter-than-air travel has legs.
College
University lets students earn bachelor's and master's degrees entirely on their phone
Cornerstone University's self-paced SOAR program lets students earn accredited business degrees entirely on a smartphone with a 91% persistence rate.
Personal Real Estate
NYC lost more residents across all income levels in 2025 as Americans flee high-cost blue cities
After two years of growth, New York City’s population fell in 2025, as many movers stayed local, heading to nearby suburbs and neighboring states.
Retirement
Trump signs order aiming to help expand access to retirement accounts
President Donald Trump signed an executive order seeking to help expand retirement account access to people who do not have employer-supplied plans.
Money in Politics
O’Leary slams NYC tax plan as ‘sheer blind stupidity,’ defends wealthy investors
O'Leary Ventures Chairman Kevin O'Leary criticizes NYC tax proposals targeting wealthy investors, saying the policy risks undermining economic activity.
Business Leaders
FDA approves fruit-flavored vapes for first time after reported Trump pressure
The FDA for the first time authorized non-tobacco-flavored vaping products, approving fruit-flavored e-cigarette pods made by Los Angeles-based Glas Inc.
Travel
Spirit Airlines lawyer says jet fuel price surge left carrier with 'no remaining way out' of bankruptcy
Spirit Airlines ceased operations after surging jet fuel prices and a failed federal bailout left the company with no remaining way out of bankruptcy.
US Markets
UAE exits OPEC and OPEC+, seeking output flexibility as global energy markets tighten
UAE departs OPEC and OPEC+ citing strategic priorities and flexibility as geopolitical tensions disrupt global oil markets and supply chains.
Food & Drinks
Costco recalls popular product in 2 states over potential ingredient mix-up
A USDA recall alerts Costco shoppers in the Northeast after Giovanni Rana ravioli mislabeling may pose a serious risk to those with shellfish allergies.
NFL
Fanatics, NFL announce multi-year partnership for on-site retail at marquee events, including 2026 NFL Draft
Fanatics and the NFL announced an exclusive, multi-year partnership where the global sports platform will be the league's on-site retail partner at marquee events.
AI
Bay Area banker wants to swap his $8M estate for AI company stock
Storm Duncan is offering his Mill Valley home and 11-acre property, valued at nearly $9 million total, in exchange for pre-IPO Anthropic AI shares.
Elections
LARRY KUDLOW: Harvard-Harris poll shows America is behind Donald Trump and the GOP
While some people may blame Republicans on the key issues of the day, they blame Democrats more
Oil
Chevron CEO says economies 'are going to have to slow' as Strait of Hormuz closure disrupts oil supply
Chevron CEO Mike Wirth warns global oil shortages are coming as the Strait of Hormuz closure disrupts supply chains, with gas prices up over 41%.
Arts
How AI exposure is reshaping jobs in creative fields
New Gallup analysis finds little evidence that generative AI has broadly reduced creative jobs or artists' earnings despite rising workplace AI adoption.
