Americans now view this figure as the benchmark for being wealthy
The average net worth that Americans feel is needed to qualify as wealthy has declined, compared to last year, Charles Schwab found.
New 'anti-DEI' index fund launches to only invest in companies that hire based on merit
Azoria Meritocracy Fund invests in companies hiring based on merit rather than demographics, as corporate America scales back DEI initiatives following Trump's executive orders.
Jamie Dimon criticizes Zohran Mamdani as 'Marxist,' blasts Democrats' DEI push: 'Big hearts and little brain'
JPMorgan Chase CEO Jamie Dimon slammed New York City mayoral candidate Zohran Mamdani as "more a Marxist than a socialist" and criticized Democrats for their DEI push.
Trump threatens 35% tariff on Canadian goods over dangerous cross-border fentanyl dispute
President Trump warns Canadian Prime Minister Mark Carney of a new 35% tariff on Canadian imports if the country doesn't address fentanyl trafficking and existing trade disputes.
The 'big, beautiful bill' reverses Biden-era policies to boost American energy development and production
Republicans' "big, beautiful bill" reinstated lower royalty rates for energy production, requires regular oil lease sales and phases out electric vehicle and clean energy tax credits
Robots and artificial intelligence are transforming jobs from manufacturing to sports
Artificial intelligence is transforming industries — from boosting factory output to helping robot umpires make more accurate calls in baseball games.
Charles Payne urges the Fed to prioritize Main Street's interests over Wall Street
'Making Money' host Charles Payne discusses the beginning of independent monetary policy.
Crypto tax reform bill introduced as digital assets face regulatory evolution
Sen. Cynthia Lummis, R-Wyo., discusses crypto regulation and tax reform on 'Making Money.'
Humility is the greatest asset for a money manager: Andy Constan
Damped Spring Advisors CEO and CIO Andy Constan provides his current outlook for U.S. equities and discusses the future of economic policy on 'Making Money.'
Charles Payne: Investors have a zen-like attitude towards markets
'Making Money' host Charles Payne discusses the sense of calm that seems to be taking over the stock market rally.
Federal judge issues key ruling against gun maker Sig Sauer in widow's lawsuit
A lawsuit against Sig Sauer continues in court after a man died from a single gunshot wound allegedly caused by an unintended P320 pistol discharge.
Your grocery bill could rise as fresh tomato prices set to jump
Major tomato importer NatureSweet warns of price increases as the 2019 Tomato Suspension Agreement with Mexican exporters ends, bringing a nearly 21% tariff on imports.
FOX Business Briefs 7/10
Delta’s upbeat outlook dimmed by economic turbulence; Costco sales jumped in June; Volkswagen’s EV bus is a flop; FIFA opens office in Trump Tower; MLB to use robot umpires during All-Star game on FOX.
Markets are finally shaking off from its ‘tariff tantrum,’ financial expert says
Dominari Financial CEO Kyle Wool discusses President Donald Trump’s tariff agenda and its expected impact on the markets.
Rent payments could help Americans qualify for a mortgage, FHFA says
Americans facing housing challenges may benefit from new FHFA policy that counts rent payments toward mortgage qualification, expanding access to homeownership beyond traditional credit.
Mortgage rates tick higher for first time in weeks
The average rate on the 30-year fixed mortgage rose this week to 6.72%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.67%.
DoorDash hits Seattle with increased service fees, blames new city regulations
Seattle customers face higher DoorDash service fees as the company reports operating at a loss in 2024 despite $10.7 billion in revenue due to strict local regulations.
America has a ‘real opportunity’ to reorganize its supply chain, expert says
Reindustrialize co-founder Austin Bishop joins ‘Mornings with Maria’ to weigh in on President Donald Trump’s plan to boost American manufacturing.
Medicaid will undergo significant changes due to the 'big, beautiful, bill'
Trump's One Big Beautiful Bill Act created federal work requirements for Medicaid recipients, which amount to 80 hours a month in community engagement activities to maintain eligibility.
FOX Business Briefs 7/9
Report: Americans are skipping expensive, imported dinner ingredients; European automakers see sales slump in U.S.; McDonald’s adds a spicy twist to its Egg McMuffin.