Business

One of the plaintiffs in the Supreme Court case that challenged President Donald Trump’s tariff authority says Friday’s ruling against the president’s authority is "not enough."On Friday, the Supreme Court ruled 6-3 against Trump’s tariffs. Later that day, however, Trump announced a 10% global tariff, which he later raised to 15% on Saturday.One plaintiff, Illinois toymaker Rick Woldenberg, CEO of Learning Resources, called the ruling a "small improvement." He joined […]

A new analysis finds prospective homebuyers have seen their purchasing power rise in the last year due to higher incomes and lower mortgage rates.Zillow published a report on Monday that found a median-income U.S. household can now comfortably afford a $331,483 home with a 20% down payment. It found that the typical mortgage payment is 8.4% lower than it was a year ago when excluding taxes, insurance and assuming a 20% downpayment. Mortgage […]

As fears grow that a potential U.S. strike on Iran could choke off global oil supplies and send prices soaring, former Energy Secretary Dan Brouillette says strong American production is keeping a lid on a $100-a-barrel price shock for now."What we are not seeing is a lack of supply in the marketplace. That is traditionally what would drive prices higher. That is not the case today," Brouillette said Monday.Instead, he […]

The Trump Organization signed an agreement to build a $1 billion skyscraper on Australia's Golden Coast, the company announced on Friday.The $1.06 billion building will rise 91 floors in the Australian state of Queensland, the Trump organization said in an announcement. The building will feature a "six-star resort-hotel" with 270 apartments as well as assorted shops and a beach club, said local developer Altus Property Group."Australia’s tallest building will be […]

Another T206 Honus Wagner baseball card, considered to be the "Holy Grail" of the collectible space, was recently discovered and has been sold at auction for $5.124 million.The sale was conducted via Goldin Auctions, and it included the buyer’s premium. It’s now the third-most expensive T206 Wagner card ever after a $6.606 million copy was sold in August 2021 and another for $7.25 million in August 2022. This recently discovered copy had […]

Behind Florida’s fine sand beaches and bright green palm trees, a roaring and thriving economy isn’t just running on sunshine; it’s a direct result of a "secret sauce" that combines aggressive private-sector growth with a stark fiscal contrast to the policies of high-tax, Democratic-led states.While hubs like New York and California descend into what Florida Chamber of Commerce President and CEO Mark Wilson calls a "death spiral," the Sunshine State […]

U.S. and Canadian airlines canceled flights Sunday to parts of Mexico after Mexican officials said drug lord Nemesio Oseguera, known as "El Mencho," was killed in a military operation, triggering reported clashes in Jalisco state and prompting travel advisories.United Airlines canceled all Sunday flights to Puerto Vallarta and Guadalajara."United Airlines flight operations to/from PVR (Puerto Vallarta) and GDL (Guadalajara) are canceled today," United Airlines said in a statement to FOX […]

Federal regulators announced Sunday a recall of nearly 9,500 pounds of frozen, ready-to-eat meatballs over potential metal fragment contamination.The recall affects New York–based Rosina Food Products' Italian-styled meatballs, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) said. "Rosina Food Products, Inc., a West Seneca, N.Y. establishment, is recalling approximately 9,462 pounds of ready-to-eat (RTE) frozen meatball products that may be contaminated with foreign material, specifically metal," regulators said. The […]

Major delivery platforms are temporarily suspending their New York City operations as a powerful blizzard slams the region and Mayor Zohran Mamdani enforces a citywide travel ban.Grubhub told FOX Business it will shut down service in both New York City and New Jersey at 7:30 p.m. ET on Sunday and will remain closed overnight."We will re-assess in the morning," a company spokesperson said, emphasizing that the safety of its delivery […]