AI credit disputing tool launches for consumers nationwide to correct credit report errors
Personal finance platform Kikoff launches AI Credit Disputes feature in its app, offering free automated credit report error detection for subscribers.
FOX Business Briefs 8/19
Home Depot sees sales rise; Softbank invests $2 billion in Intel; Starbucks sets 2% raises for corporate workers; Cambridge adds Gen Z slang terms to dictionary.
Bessent says tariff revenue could help pay down the nation's $37.2T debt
Treasury Secretary Scott Bessent says that tariff revenue is likely to exceed $300 billion this year, adds that the funds could help pay down the nation's debt.
Labubu dolls become 2025's hottest toy craze among kids and adult collectors
Labubus dolls are only available through online purchases and in-store pickups, if you can find one in stock. Adding to the scarcity factor is the blind-box packaging.
Schwarzenegger goes after Newsom, CA Dems gerrymandering
'The Big Money Show' discusses California's record high unemployment rates, the impact on the tech industry and state Democrats unveiling a new congressional map despite gerrymandering criticisms.
US debt tops $37 trillion and the 'big, beautiful bill' allows it to rise trillions higher
The One Big Beautiful Bill Act raised the debt limit by $5 trillion, causing concern among fiscal experts as it's projected to add over $3.4 trillion to the national debt over 10 years.
How Perfect Game has grown into a powerhouse in the world of youth sports
Perfect Game has grown astronomically over the last five years and FOX Business talked with their chairman, CEO and VP of marketing about their ascent.
Appeals court clears way for Trump admin to resume CFPB mass firings
A federal appeals court overturned a lower court ruling that had blocked the Trump administration's efforts to dismantle the Consumer Financial Protection Bureau.
Rhode Island will impose additional taxes on vacation homes over $1M, calling it the 'Taylor Swift Tax'
FOX Business correspondent Madison Alworth reports on the nicknamed 'Taylor Swift Tax' that will be implemented by Rhode Island in 2026 on vacation homes worth over $1 million to offset state budget deficits on 'Making Money.'
Blue states plan new tax hikes on wealthy residents in response to Trump's federal tax legislation
Several states have raised taxes on wealthy residents to narrow state budget deficits and offset expected declines in federal funding for programs like Medicaid.
FOX Business briefs 8/15
Fast-food chains promote more beverage options to improve sales, a rise in A.I. generated resumes is bringing job interviews back in person and retirement accounts could be getting a crypto boost.
Customs busts $400M trade duty-evasion ring involving China and others
In a FOX Business Exclusive: U.S. Customs and Border Protection uncovers network evading $400 million in tariffs, some of which involved Chinese shell companies.
Social Security's estimated 2026 cost-of-living adjustment rises amid inflation uptick
The projection for Social Security's 2026 cost-of-living adjustment rose to 2.7% as inflation trends higher, as the program faces insolvency challenges in less than a decade.
Philips North America CEO on company's $150M US investment
Philips North America CEO Jeff DiLullo on the company's investment of more $150 million in U.S. manufacturing and research facilities.
Keeping Social Security from going broke requires tax hikes that will hit younger Americans for 6 figures
Social Security's trust funds are approaching insolvency in less than a decade as worker-to-retiree ratios decline, forcing Congress to consider painful tax hikes or benefit reductions.
Philips to invest over $150M in US manufacturing, research facilities
Healthcare technology company Philips announced that it is investing more than $150 million in U.S. manufacturing and research and development facilities.
Self-made millionaire declares that the American dream is ‘still alive’
Former Amobee CEO Kim Perell shares her formula for success after building and selling two multimillion-dollar companies.
California's 'urban wildfires' caused an estimated $275 billion in damages: Report
National Association of Insurance Commissioners President Jon Godfread discusses the growing threat of weather-related tragedies on 'Monrings with Maria.'
GE Appliances invests $3B in US manufacturing operations
GE Appliances plans to create 1,000 new jobs across Kentucky, Alabama, Georgia, Tennessee and South Carolina facilities as part of major expansion initiative
US national debt hits record $37 trillion
The U.S. national debt surpassed a historic $37 trillion milestone for first time as Treasury Department data shows federal government accumulating debt at rapid pace.