Business

Canada has initiated a complaint with the World Trade Organization over President Donald Trump imposing 25% duties on car imports from the neighboring country.The global trade body said that Canada requested consultations on Thursday as the first step in launching the formal WTO trade dispute. "Canada has requested WTO dispute consultations with the United States concerning US measures imposing a 25 percent duty on automobiles and automobile parts from Canada," the […]

Goldman Sachs updated its recession forecast on Sunday to increase the probability of a recession amid President Donald Trump's tariff war, adding that its analysis may be downgraded further if more tariffs take effect.Economists led by Jan Hatzius wrote in a note titled "Countdown to Recession" that they're increasing their 12-month recession probability from 35% to 45%. They also cut their gross domestic product (GDP) growth forecast for 2025 to […]

Walt Disney World is saying "jambo" to its "newest addition to the savanna," at Disney's Animal Kingdom theme park, Tucker.The baby boy giraffe was recently born to mother Mara, a Masai giraffe, and marks "the first giraffe calf birth at Walt Disney World Resort since 2021," according to the Disney Parks Blog.Guests can already delight seeing Tucker while on the Kilimanjaro Safaris. His birth is the third for Mara, who […]

President Donald Trump said China would approve a deal to sell TikTok to an American buyer "in 15 minutes" if he "gave a little cut in tariffs." Trump made the remark on Air Force One following a report from Reuters that the U.S. was close to making a deal with the Chinese-owned TikTok to spin off its U.S. operations into a new company owned by American investors, but the Chinese government […]

Universal Epic Universe opens in Orlando, Florida in 46 days.The park is currently testing out operations for team members, their families and the media. On Saturday, FOX Business got a sneak peek at the massive attraction that features portals into "five immersive worlds" that offer shopping, dining, new rides and experiences. Park guests' first portal entry takes them into Celestial Park, also called "the heart of Universal Epic Universe" in a […]

Stevie Wonder's Los Angeles home is now on the market for $15 million.According to the Wall Street Journal, the musician purchased the home in 2000 as a gift for his then-wife, Kai Millard, for $2.8 million. The couple lived there together until their divorce in 2012, after which he moved out while Millard continued living there with their two sons."He says, ‘I want to show you something.' He had already […]

The U.S. housing market may be shifting, and some real estate experts believe 2025 could offer new opportunities for buyers."I think it’s a huge opportunity for buyers in the next 12 to 18 months," said HGTV's "Flipping 101" host Tarek El Moussa during an appearance on "Fox & Friends," Tuesday. "I do not see a crash coming."According to the National Association of Realtors (NAR), 2024 had the lowest level of existing […]

U.S. Customs and Border Protection (CBP) is already collecting over $200 million per day in extra revenue as it enforces a massive new wave of tariffs under President Donald Trump's "Liberation Day" plan."CBP has successfully implemented 13 tariff-related presidential actions during this Administration," a CBP spokesperson said in a statement to FOX Business. "Serving on America’s frontline, CBP strictly enforces all laws and Presidential directives to secure our economic sovereignty."Using […]

The wealthiest religious broadcaster in the world is looking to offload his luxury condo in Florida. The beachfront residence of Brazilian billionaire televangelist Edir Macedo in the ultra-exclusive Porsche Design Tower Miami is now listed for just under $14.6 million after a price cut, according to public real estate records.Macedo, founder and bishop of the Igreja Universal do Reino de Deus (Universal Church of the Kingdom of God), is no stranger […]