OMB forecast: Trump's economic agenda will cut deficit by half over the next 10 years
Trump's budget officials project a 50% deficit reduction over 10 years, though outside analysts warn the forecast relies on aggressive assumptions that may prove difficult.
FOX Business Briefs 9/5
The latest Jobs Report shows the US added fewer jobs than expected in August, OpenAI is helping users get job certified, a survey shows many parents feel the cost of raising kids is getting out of control, and Lego announces most expensive set yet.
US-born workers see job gains as foreign-born employment declines, Labor Department data shows
The Labor Department's August jobs report revealed immigrant worker employment declined by 822,000 since last year while U.S.-born worker employment rose by 2.76 million.
Fed rate cuts are a tailwind for tech stocks, expert says
Evecore ISI senior managing director Mark Mahaney analyzes Google and Apple on 'Varney & Co.'
Trump's pick for the Fed board could join in time for key rate cut vote
Stephen Miran, Trump's Federal Reserve Board nominee, could be confirmed in time for the mid-September rate-setting meeting after testifying before the Senate Banking Committee.
Tesla offers massive $1 trillion pay package to Elon Musk
Tesla's board seeks investor approval for CEO Elon Musk's compensation plan worth up to $1 trillion, citing his leadership as vital for the company's growth.
Small business optimism is soaring despite Wall Street's 'prediction of doom': Kelly Loffler
U.S. Small Business Administrator Kelly Loffler joins 'Mornings with Maria' to discuss the state of small businesses as President Donald Trump's tariffs kick in.
US job growth missed expectations in August amid economic uncertainty
The Labor Department released the August jobs report which showed that job growth continued at a subdued pace amid economic uncertainty over trade policy.
Americans fight back against growing 'guilt tipping' pressure at digital checkout screens
New research shows Americans spent $283 on guilt tips in 2025, down from over $450 the previous year, as consumers resist tipping pressure.
OpenAI teams up with Walmart to train millions of workers in artificial intelligence
OpenAI announced a new AI certification initiative to help workers gain valuable AI skills with Walmart as a launch partner for the expanded training program.
LARRY KUDLOW: The economy is doing better than you think
Don't hang your hat on tomorrow's jobs report, the economy is doing better than you think
Larry Kudlow: Whatever happens with the jobs report, the economy is doing better than you think
FOX Business host Larry Kudlow unpacks the state of the American economy on 'Kudlow.'
Mortgage rates tumble to lowest level since October 2024
The average rate on the 30-year fixed mortgage fell this week to 6.5%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.56%.
Spirit Airlines cuts routes, rivals pounce as budget carrier faces bankruptcy turbulence
Spirit Airlines will cut several routes in October amid bankruptcy proceedings while United and Frontier airlines announced new flights to capitalize on the opportunity.
The consumer wins with their wallet, expert says
'Making Money' panelists Lili Gil Valletta and Angie Wong discuss the impact of the star's ad on the company.
McDonald’s CEO warns of two-tier economy
The ‘Big Money Show’ panelists react to the McDonald’s CEO warning of a two-tier economy, with some Americans ramping up spending while others are forced to cut back.
Justice Department opens criminal probe into Fed's Lisa Cook
The DOJ investigation comes as Cook sues President Donald Trump in federal court over her firing from the panel of central bankers that is tasked with charting the nation’s economic path.
Trump Fed nominee vows independence, unpaid leave from White House if Senate confirms him
President Donald Trump’s nominee to join the Federal Reserve Board of Governors insisted to lawmakers Thursday he would keep the central bank independent.
Is there a fast-food price war looming?
Fast-food giant McDonald's launches Extra Value Meals offering 15% discounts on meal bundles, which industry experts say could trigger competitor responses.
NYC billionaire says Trump is 'concerned' about Mamdani, reveals details of private conversation
Gristedes CEO John Catsimatidis discusses the details of his conversation with President Donald Trump about New York City's mayoral race on 'Varney & Co.'