Business

Property taxes in the Windy City are freezing over, and one Chicago city leader is making a plea for brands and businesses to bring back their headquarters and alleviate homeowners’ frostbite."The reason that our property taxes have gone up astronomically is because of the legislation that's coming out of the Illinois Statehouse, specifically the SAFE-T Act, that has made us a lot less safe," resident and ChicagoRED founder Patricia "P-Rae" […]

President Donald Trump said on Monday that the U.S. is in an era of economic prosperity as "prices are coming down.""This is also the golden age of America because we are doing better than we've ever done as a country," Trump said while addressing affordability in front of key political figures and McDonald's franchisees and executives in Washington at the McDonald's Impact Summit. "Prices are coming down and all of […]

The artificial intelligence-related layoffs sweeping corporate America could impact prime loan borrowers, Klarna CEO Sebastian Siemiatkowski said. "My concern is probably a little bit more like midterm than short term. If I look at short term, I think it looks fairly healthy… the big kind of unknown is the transformation that AI is driving," Siemiatkowski told FOX Business, underscoring how the rapidly advancing technology has become a bigger threat to office-based […]

A widespread outage at Cloudflare, an Internet infrastructure provider, has disrupted parts of the internet, including sites like ChatGPT and social media platform X.Cloudflare said on its status page on Tuesday that it identified an issue that was impacting multiple customers and that a fix was being implemented. "We have made changes that have allowed Cloudflare Access and WARP to recover. Error levels for Access and WARP users have returned to […]

President Donald Trump has no excuses to make for low inflation or affordability or anything concerning the economy. His first-term record of strong growth and barely minimal inflation was so vastly better than Joe Biden to begin with. And now, because of a couple of individual food prices, Democrats and the lefty media are somehow trying to label Trump as an inflationist.Here are just a couple of numbers. Mr. Trump […]

Ford unveiled its new world headquarters building in a grand opening ceremony over the weekend.Twice the size of the automaker's Glass House headquarters that opened in 1956, the new 2.1 million square-foot building in Dearborn, Michigan, is intended to bring employees from the company’s engineering, design and technology teams together in one location. Construction of the building is expected to be completed in 2027."This campus and this awesome new World […]

Shares of Alphabet, Google's parent, touched an all-time high Monday of $293.95, before giving back some of those gains, after Berkshire Hathaway disclosed it bought nearly 18 million shares valued at over $4 billion in the third quarter.The move served as an endorsement of the tech giant's artificial intelligence efforts amid heightened worries over a looming bubble. Plus, it is one of the final major investments by the conglomerate under […]

U.S. Agriculture Secretary Brooke Rollins pushed back on predictions that Americans could soon pay $10 per pound for beef, telling FOX Business the Trump administration’s plan to expand grazing lands and reopen key cattle ports is expected to bring prices down by next summer — and keep them lower through 2026."The Trump administration has released a new plan. We are moving toward opening up five million acres of grazing land," […]

Steakhouse chain Sizzler is making a comeback with a new refreshed look even as the quick-service restaurant sector continues to face a challenging environment that has prompted countless closures. Creative agency Tavern, tasked with helping the brand reinvent itself, said the steakhouse had been a pop culture icon in the 1980s and 1990s on the West Coast, but "over the years the brand faced an identity crisis and lost its way." […]