Markets

Gig workers get a tax break with higher mileage rates for 2026. The IRS increased business driving deductions to 72.5 cents per mile from last year.

Trump accuses Fed Chair Jerome Powell of "gross incompetence" and threatens lawsuit over costly headquarters renovation project in latest attack on central bank leader.

The U.S. faces a potential "Sputnik moment" as China accelerates fusion energy development, Commonwealth Fusion Systems CEO Bob Mumgaard tells FOX Business.

Luxury retailer Saks reportedly faces potential bankruptcy as parent company weighs Chapter 11 filing amid $100+ million debt payment due in December.

Renting remains more affordable than buying starter homes in 49 of 50 major metros across the country, but economists warn this advantage may disappear soon.

Major minimum wage increases take effect in 22 states during 2026, benefiting millions of American workers as wages rise above the federal $7.25 minimum.

Warren Buffett's Thanksgiving letter to Berkshire Hathaway shareholders outlined his plans to step back from his past duties when Greg Abel takes over as CEO.

A Florida man sued Outback Steakhouse after a handicapped toilet seat allegedly shattered and collapsed while he was on it, causing severe bodily injury.

Grass-fed ground beef that was distributed to six states has been recalled over possible E. coli contamination, affecting more than 2,800 pounds of beef.

The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House and Congress.