Europe inflation spikes to record 8.1%, matching US
European inflation spiked to a record 8.1 percent in May, matching the U.S. and Britain, which have both set 40-year records for inflation in March and April.
Russia's largest bank gets booted from SWIFT in latest sanction hit
Russia's largest bank, Sberbank, is the latest to be hit by European Union sanctions and will be barred from utilizing the SWIFT international banking system.
Chelsea Football Club, formerly owned by Russian oligarch Roman Abramovich, sold in record deal
A consortium involving LA Dodgers part-owner Todd Boehly completed the purchase of the Chelsea Football Club once owned by Roman Abramovich.
EU nears Russia oil sanctions agreement, with carve-out for pipelines
A new proposed agreement for sanctions against Russian oil could draw more countries in by allowing an exception for pipelines, but it may be too weak for some.
Families in Africa burdened with higher food costs, hunger because of Russia's war on Ukraine
African families are seeing the price of wheat flour soar as countries have not been able to import goods through the Black Sea since Russia's war on Ukraine began.
Dollar heads toward monthly loss as investors scale back bets
The dollar suffered losses last week and was headed toward its first monthly decline in five months as concerns about a global recession have begun to wane.
Southwest Airlines passenger who masturbated mid-flight gets prison time
A Southwest Airlines passenger who masturbated four times during a flight from Washington to Arizona was sentenced to 48 days in prison plus one year of probation.
Former Minnesota police detective launches pet brand to help animals 'live the good life'
Rian Thiele tells FOX Business about leaving the police force, and how he co-founded his wellness brand, Pet Evolution.
Top Ukrainian official asks Saudi Arabia to fix fuel crisis
Ukrainian Foreign Minister Dmytro Kuleba asked Saudi Arabia to 'resolve' the energy crisis plaguing his war-torn nation amid Russia's war.
Russia could default on debt payments after US doesn't extend license to pay bondholders
Russia may default on international debt for the first time since the Bolshevik Revolution after the U.S. chose not to extend its license to Russia to pay bondholders.
After subway killing, NYC business community calls for more political action
Partnership for New York City president and CEO Kathryn Wylde says Mayor Eric Adams, Gov. Kathy Hocul, NYPD and MTA leadership need public support for stronger measures ranging from "prosecution of fare evasion to ankle bracelets for felons awaiting trial to institutionalization of the seriously mentally ill."
Global economy faces biggest test since World War II amid 'confluence of calamities': IMF chief
IMF Director Kristalina Georgieva warned the global economy faces the "biggest test since the Second World War" as it confronts a "potential confluence of calamities."
Lviv feels almost back to normal: Morgan Ortagus
Former U.S. State Department spokesperson Morgan Ortagus reacts to Biden's statements that the U.S. will defend Taiwan and shares her first-hand experience in Lviv, Ukraine.
Everybody getting 'hurt' by inflation: Investment expert
Calamos Investments CEO John Koudounis discusses the impact of inflation on Americans and weighs in on volatility in the markets.
High inflation rate makes a recession 'difficult to avoid:' John Koudounis
Calamos Investments president & CEO John Koudounis discusses inflation rates following the Dow Watch's longest weekly losing streak since 1923 on 'Fox News Live.'
Elon Musk, Brazilian president discuss connectivity, Amazon rainforest preservation efforts
Elon Musk met Brazilian President Jair Bolsonaro Friday to talk about connectivity in rural areas and monitoring in the Amazon rainforest.
Biden to meet with President Yoon Suk Yeol in South Korea, tour Samsung factory amid North Korea provocations
President Biden and South Korea's President Yoon Suk Yeol will tour the Samsung Electronics Pyeongtaek Campus, a model for the new Samsung plant in Texas, on the first day of Biden's trip to Asia Friday.
Electric school bus factory touted by Warnock in ad lays off 115 employees
In a recent campaign ad, Warnock highlighted the Blue Bird Corporation electric school bus manufacturing plant in Fort Valley, Georgia, while promoting his legislation designed to “transition” school districts away from gas-powered buses.
Idaho officials blast S&P, warn ESG credit indicators in ratings 'subjective way to penalize' states
Idaho’s governor, lieutenant governor, treasurer, national lawmakers, and state legislature leaders all signed the Thursday letter missing minced words to S&P CEO Douglas Peterson and president Martina Cheung.
Ringling Bros. and Barnum & Bailey Circus gearing up for first tour in five years
The tour, which will kick off in cities around the U.S. starting in September 2023, comes at a time when consumers are in need of "plain, simple fun," Kenneth Feld, CEO of Feld Entertainment, which operates the Ringling Bros. and Barnum & Bailey Circus, told FOX Business.



















