Consumers are piling on credit card debt, flashing signs of potential crisis
As Americans rack up record-high credit card debt after a year of soaring inflation and interest rate hikes, charge-offs are beginning to roll in at the start of a looming default crisis.
Republican lawmaker rips Democrats’ 'wild, wasteful' spending as ‘the root of many evils’
Rep. Dan Meuser calls out Democrats' "excessive, wild, wasteful" spending impacting interest rates, Social Security, the labor sector, housing and Medicare.
Credit card debt prevents nearly 20% of Americans from becoming homeowners
Amidst high inflation and home prices, mounting credit card debt is preventing many Americans from becoming homeowners.
Goldman Sachs announces reduction in asset management investments
Goldman Sachs Group Inc's asset management arm will make significant reductions to the $59 billion of alternative investments that hurt the firm's earnings.
Tax season officially begins on Monday: Here are all of your questions, answered
The IRS has selected Jan. 23 as the official start of the 2022 tax filing season, promising taxpayers an easier filing process than in previous years.
Manchin looks to strike deal with McCarthy to rein in wasteful government spending
Sen. Joe Manchin spoke with FOX Business' Maria Bartiromo about the risks of wasteful government spending and environmental policies embedded in the Inflation Reduction Act.
Disneyland employees laughed at disabled woman who fell exiting ride, died 5 months later, lawsuit alleges
A disabled woman fell and broke her leg exiting Disneyland's Jungle Cruise ride while employees laughed and didn't help, a lawsuit alleges.
Gold and silver boom predicted as US hits debt ceiling, dollar devalues
Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.
Two charged with evading US sanctions to help Russian oligarch protect $90 million yacht
Two men have been charged with protecting the ownership of a $90 million owned by a Russian oligarch Viktor Vekselberg, authorities said.
Rep. Huizenga: Here's the result of Dems' drunken sailor spending binge
Rep. Bill Huizenga, R-Mich., and Macro Trends Advisors founding partner Mitch Roschelle discuss the U.S. debt crisis as government spending increases on 'The Evening Edit.'
Theranos founder Elizabeth Holmes tried ‘to flee the country’ after conviction, prosecutors say
Former Theranos CEO Elizabeth Holmes tried to flee to Mexico after her guilty verdict, prosecutors said Friday
Abbott Labs under criminal investigation over baby formula shortage: Report
The Department of Justice announced an investigation into Abbott Laboratories' Michigan plant which was at center of a nationwide formula shortage in 2022.
Maria Bartiromo goes one-on-one with Chevron CEO on green energy transition
Chevron chairman and CEO Michael Wirth calls for policy that incentivizes investing for renewable fuels today and the technologies of tomorrow on 'Maria Bartiromo's Wall Street.'
Elon Musk on the witness stand, defending Tesla buyout tweets
During testimony in the trial over 2018 tweets related to the electric vehicle maker potentially going private, Tesla CEO Elon Musk defended his Twitter posts.
FTC files motion seeking for 'Pharma Bro' Martin Shkreli to be held in contempt
The Federal Trade Commission is seeking for a court to hold in contempt Martin Shkreli, accusing him of not cooperating with a probe related to his lifetime pharmaceutical industry ban.
Larry Kudlow: Do Americans have the backbone and common sense to restore free enterprise prosperity?
FOX Business host Larry Kudlow takes a look at our economy and expresses the importance of returning to a pro-growth agenda and pursuing prosperity in order to avoid socialism on 'Kudlow.'
Sam Bankman-Fried tweets away while under house arrest
Disgraced FTX founder Sam Bankman-Fried is not staying quiet while under house arrest, using Twitter to weigh in as he awaits trial on several federal charges.
FTX scandal rocks Florida school district; victims may include high school teens
The mystery of how former FTX CEO Sam Bankman-Fried went from saint to sinner may never be fully answered, but it continues to stun people, including his colleagues in the crypto industry.
Accountant shortage a 'big threat' to reliability of financial system: Dan Geltrude
Geltrude & Company co-founder Dan Geltrude explains why new tax regulations have driven accountants out of the business on 'Cavuto: Coast to Coast.'
Walmart 'shocked' after Indiana suspect opens fire at store where he once worked
Walmart said Friday that the company is "shocked" after a former Evansville, Indiana, employee started shooting late Thursday night at the store where he once worked.