Ross Stores thrives with major expansion plans while retail giants close locations nationwide
Ross Stores Inc. expands with new store openings across 17 states while major retailers like Macy's and Kohl's close underperforming locations nationwide.
China trade freeze squeezes US soybean farmers as costs climb, profits vanish
American soybean growers across the Midwest are warning of another tough year as China’s trade freeze cuts off their largest export market and production costs soar.
Valuing an unprofitable company means finding ‘where growth could be,’ Benchmark's David Williams says
Benchmark managing director David Williams explains how to value unprofitable tech firms and shares his outlook on quantum computing on ‘Making Money.’
Trump calls China soybean cuts 'economically hostile' act against American farmers nationwide
President Donald Trump considers terminating cooking oil trade with China in response to reduced soybean purchases that hurt American farmers.
Billions in bitcoin seized by DOJ from massive 'pig butchering' crypto scam in Cambodia
Federal prosecutors charged Chen Zhi with operating forced labor camps across Cambodia that executed alleged 'pig butchering' scams targeting crypto investors.
Market strategist addresses whether Tesla has 'staying power' without exposure to OpenAI
Bespoke Investment Group co-founder Paul Hickey assesses the state of the markets amid an OpenAI partnership on 'Making Money.'
FOX Business Briefs 10/14
Earnings from Goldman Sachs and JPMorgan top expectations; Ford cuts production of five trucks and SUVs after fire at aluminum supplier; Google to invest $9 billion in cloud, AI infrastructure in South Carolina.
Market strategist urges for more rate cuts to get ‘pressure off of Main Street’
Osaic chief market strategist Phil Blancato discusses the Federal Reserve’s decisions on interest rates, the biggest risks to the market and more on ‘Making Money.’
Charles Payne: The market is doing extraordinarily well
FOX Business host Charles Payne unpacks the state of the economy and market on 'Making Money.'
Ford temporarily cuts production at Kentucky truck plant after fire erupts at supplier
A fire at aluminum supplier Novelis forces Ford to pause production of three-row SUVs at Kentucky Truck Plant, affecting Expedition and Lincoln Navigator manufacturing.
GM takes $1.6B financial hit as EV tax credit changes force strategy overhaul
GM announced a $1.6 billion third-quarter charge as it revamps its electric vehicle strategy following the end of federal EV tax credits under the Trump administration.
Expert calls for tax incentives to attract tradesmen as data center boom drives demand
Overwatch Mission Critical chief talent officer Mike Sarraille explains why tax incentives are needed to recruit more skilled trades workers amid rapid data center growth on ‘Varney & Co.’
Fed's Powell points to persistent labor market weakness as government shutdown delays official reports
Fed Chair Jerome Powell told economists that the sluggish labor market and tariff-induced inflation are persisting as government shutdown delays official employment reports.
ETF race hits $1T at record speed
Money is flowing into ETFs so fast this year that the industry hit $1 trillion in October, months ahead of last year's pace, as gold, bonds and crypto lure investor dollars.
ETFs stare down record year of inflows topping $1 trillion
Investors are plowing money into a broad swath of assets putting the ETF industry in the driver’s seat of what may be another record year.
US car prices reach new high as luxury vehicle, EV sales surge nationwide
New vehicle prices hit a record $50,000 average in September, marking a 3.6% year-over-year increase and the largest annual gain since spring 2023.
Prediction markets see cloudy outlook as traders bet on extended shutdown
Traders on Kalshi and Polymarket are betting the federal government shutdown will extend into next month, with 65% expecting it to last until Oct. 31.
How homeowners can earn rewards points for paying their mortgage
Bilt CEO Ankur Jain announced on Tuesday the company's partnership with the nation's largest mortgage lender, United Wholesale Mortgage.
Goldman's profit beats estimates as dealmaking rebound boosts investment banking
Goldman Sachs reported a third-quarter profit of $4.1 billion, beating estimates as advisory fees jumped 60% amid a banner year for mergers and acquisitions.
JPMorgan lifts interest income forecast after profit beats estimates
JPMorgan Chase CEO Jamie Dimon says the U.S. economy remains resilient despite geopolitical uncertainty as the bank beats quarterly profit forecasts.