'America's Checkbook' would open the ledger on federal expenditures from pencils to the Pentagon
GOP lawmakers introduce the LEDGER Act to create 'America's Checkbook,' requiring tracking of federal spending after $4.7 trillion in uncoded Treasury disbursements
The socialist arm of the Democratic Party is ‘very organized’ amid Mamdani’s win: Rosanna Scotto
‘Good Day New York’ co-host Rosanna Scotto discusses New York City mayoral candidate Zohran Mamdani’s win in the Democratic primary and more on ‘Varney & Co.’
Expert calls on Powell to lower interest rates: ‘At some point’ they have to
Former JPMorgan Chase chief economist Anthony Chan provides analysis of interest rates as Jerome Powell faces pressure to make a cut.
Federal judge rejects Trump admin's move to monitor border financial transactions
A federal judge granted relief to two Texas border businesses from the Trump administration's policy meant to curb money laundering by cartel members.
AT&T settles data breach lawsuits for $177 million: What customers need to know about settlement payments
Money could be coming the way of some AT&T users through a nine-figure settlement that stemmed from lawsuits about a pair of data breaches the company experienced in the past.
FOX Business Briefs 6/25
More homeowners find themselves underwater; mortgage rates rose slightly; FedEx expects its business to take a hit because of tariffs on imports from China; gas prices are down for the summer driving season.
Tommy Tuberville: Politics has to be taken out of the 'mess' that is the US financial state
Sen. Tommy Tuberville, R-Ala., discusses the Federal Reserve, the state of the national debt, and the 'big, beautiful bill' on 'The Bottom Line.'
We must ‘control our long-term borrowing,’ GOP lawmaker says
Rep. Byron Donalds, R-Fla., discusses Fed Chair Jerome Powell's hearing on Capitol Hill and the state of the Federal Reserve on ‘The Evening Edit.’
Powell to be pressed on Fed spending, agency’s politicization
Jerome Powell returns to Capitol Hill where Republicans plan to challenge the Fed's $2.5 billion headquarters renovation featuring marble and rooftop gardens amid inflation concerns.
FOX Business Briefs 6/24
Walmart and Target threaten shoppers with $2,500 fines; Artificial Intelligence app for doctors raises $300 million in funding; AMC Theatres adds pre-show 'platinum spot' ad; 'St. Elmo’s Fire' gets a special 40th anniversary 4K release.
FOX Business Briefs 6/24
RPT: Audi weighs $4.6B U.S plant to avoid tariffs; Official: L.A. anti-ICE riots cost taxpayers $30M+; WSJ: Meta luring tech experts for new super-intelligence lab; Amazon: Beauty will be a big seller for Prime Day
Electricity prices spike for American households: Here's what's driving costs higher
Electricity costs in the United States are surging as demand hits record highs from data centers, artificial intelligence computing and extreme weather.
If the tax rate is not extended, it will be a 'real shock to the system,' Bank of America CEO says
Bank of America Chairman and CEO Brian Moynihan weighs in on the geopolitical climate's impact on markets, wealth transfer, President Donald Trump's 'big, beautiful bill' and more during his sit-down interview on 'Mornings with Maria.'
Buy now, pay later loans will now impact Americans' credit scores
FICO credit scoring models will be the first to include buy now, pay later data as the payment method continues to surge in popularity among American consumers.
America headed for 'economic heart attack' on government debt, spending warns billionaire
America faces potential "economic heart attack" as billionaire Ray Dalio warns about chronic overspending, $37 trillion debt and deficit concerns, including those tied to Trump's tax bill.
Karen Read's vindication in murder trial could turn into mid-to-high six-figure publishing payday
Former professor Karen Read owes millions in legal fees after her acquittal in the death of Boston Police Officer John O'Keefe. Her defense team charged up to $1,500 per hour.
Hackers target insurance giant in ongoing industry cyber spree
Aflac detects network breach where sophisticated cybercriminals may have stolen customer data including health information and social security numbers through social engineering.
Billionaire Telegram CEO reveals plans to divide wealth among more than 100 children
Billionaire and Telegram CEO Pavel Durov revealed to a French magazine that he recently made plans for his will and how he plans to divide his wealth.
Americans face vastly different retirement costs across states as Social Security cuts loom
A study calculated the amount of money a "comfortable" retirement would require without Social Security factored in and the associated yearly expenses a retiree would face in each U.S. state.
Social Security trust fund now projected to run dry in 2034, triggering massive benefit cuts
The Medicare and Social Security trust funds are lurching toward insolvency. Social Security is projected to cover only 81% of benefits by 2034 and Medicare just 89% by 2033.