Fox Business Briefs 7/7
Trump confirms August 1 deadline for countries to reach trade deals or face tariff increases; Analyst: Tesla investors say new political party is wrong direction; Michelob Ultra is bright spot in gloomy beer market.
Investors are 'going to take a pause here' amid trade, 'big, beautiful bill' news: Market expert
UBS managing director and senior portfolio manager Jason Katz weighs in on the market rally on 'Varney & Co.'
Democrats' approach to closing wealth gap has 'always been wrong': Rep. Byron Donalds
Rep. Byron Donalds, R-Fla., reacts to Democrat Rep. Ro Khanna's criticism of the 'big, beautiful bill and explains how additional reconciliation can impact the economy.
Pickleball phenom is 1st with signature shoe – but it came with a twist
A signature pickleball shoe is on the market in the name of 19-year-old phenom Gabriel Tadio, and it all came because of basketball sneakers.
Tesla shares slide after Musk announces new political move
Tesla's stock dropped following CEO Elon Musk's announcement that he is forming the "America Party," reigniting political tensions weighing on investors.
Elon Musk needs to understand that you need to 'give and take' in politics: Kevin O'Leary
O'Leary Ventures Chairman Kevin O'Leary stresses the importance of policy following Zohran Mamdani's NYC mayoral victory, President Donald Trump and Elon Musk's relationship, the 'big, beautiful bill' and the state of TikTok.
Market expert calls on 'petty' Powell to cut rates: 'He's doing the country no good'
Jeff Sica of Circle Squared Alternative Investments discusses Fed Chair Jerome Powell's decision to not cut rates despite trade announcements coming from the White House.
Finance expert stresses the importance of rate cuts: 'It's critical to keep things moving'
Aquinas Wealth Advisors President Chris McMahon discusses the impact on the market from President Donald Trump's trade and tariff moves, Federal Reserve policy and his outlook on oil.
Rapper Nelly purchases National Thoroughbred team, moves it to his native St. Louis
A National Thoroughbred League team has a new home after rapper Nelly purchased a squad and moved it to his native St. Louis this week.
Texas floods were a 'catastrophic event' that should not be politicized: Rep. Chip Roy
Rep. Chip Roy, R-Texas, discusses the effort by some on the left to blame President Donald Trump for the Texas floods on 'Varney & Co.'
Former Trump official says 'the pressure is on Hamas to end war'
Heritage Foundation National Security Vice President Victoria Coates discusses President Donald Trump meeting with Benjamin Netanyahu as he continues to push for a ceasefire in Gaza and his call with Putin over ending the war in Ukraine.
Texas sheriff says cartel spillover is 'something we need to be cognizant of'
Terrell County, Texas Sheriff Thaddeus Cleveland weighs in on the deadly floods, the boost in border spending from the 'big, beautiful bill' and the Trump administration 'working on' deportation exemptions for illegal farm and hospitality workers.
Trump's tax bill will provide trillions of stimulus to US economy, investor says
Payne Capital Management President Ryan Payne discusses how the passage of President Donald Trump's budget bill will impact markets on 'Varney & Co.'
NY lawmaker warns against Mamdani's 'dangerous' agenda: 'Soviet-style socialism at its very worst'
Rep. Nick Langworthy, R-N.Y., joins 'Mornings with Maria' to discuss the President Donald Trump's 'big, beautiful bill' passing, border security and the mayoral race in York City.
Chang says there are 'only two credible reasons' why Xi Jinping skipped BRICS summit
Gatestone Institute senior fellow Gordon Chang weighs in on Chinese President Xi Jinping's absence from the BRICS summit and the negotiations over the sale of TikTok.
Speaker Johnson is the 'Michael Jordan of politics right now,' GOP rep says
Rep. Riley Moore, R-W.Va., discusses House Speaker Johnson teasing additional reconciliation bills after the passage of the 'big, beautiful bill,' its impact on border security and a poll showing Zohran Mamdani leading the NYC mayoral race.
Trump confirms August 1 deadline for countries to reach trade deals or face tariff increases
Trump administration prepares trade letters as August 1 deadline approaches, with Secretary Lutnick confirming tariffs will revert to April levels without agreements.
President Trump and Howard Lutnick discuss upcoming trade agreements
President Trump and Secretary of Commerce Howard Lutnick discuss upcoming trade agreements and letters while speaking with reporters on July 6, 2025.
Scott Bessent says young men are in an ‘era of despondency,’ has hope for American workers
Treasury Secretary Scott Bessent discusses the impact of President Donald Trump’s ‘big, beautiful bill,’ immigrant labor and more on ‘Fox News Sunday.’
Tariffs will revert to April levels if countries don't make a deal by August 1, Bessent says
Tariffs are set to return to President Donald Trump's original April levels without new trade deals by August 1, Treasury Secretary Bessent said Sunday.