Business

Federal Trade Commission (FTC) Chairman Andrew Ferguson weighed in on the agency’s antitrust case against social media giant Meta Platforms in a Monday appearance on "Mornings with Maria." The FTC and Meta headed to court Monday morning as the trial arising out of the agency alleging the tech company "has engaged in anticompetitive acquisitions to protect its dominant position" in personal social networking officially got underway. The agency’s lawsuit takes particular issue with […]

The Social Security Administration (SSA) implemented anti-fraud tools to protect customers who file claims over the phone following Elon Musk’s warning that fraudsters were targeting the agency’s call-in lines to steal benefits.The agency launched measures that will "identify suspicious activity in telephone claims by analyzing patterns and anomalies within a person’s account," effective immediately, according to the SSA. The agency said if the technology detects irregularities, the individual will be required […]

The Federal Reserve Bank of New York on Monday released its latest Survey of Consumer Expectations, which found that Americans' expectations of the labor market have dimmed to the lowest level since the COVID-19 pandemic.Respondents' expectations that the unemployment rate will be higher one year from now jumped 4.6 percentage points to 44% in March – the highest reading since April 2020. The increase was broad-based across age, education and income […]

Market analyst Dan Geltrude joined FOX Business on Monday to discuss how to manage market instability with confidence as President Donald Trump uses tariffs as a central instrument of his policy strategy.  Geltrude detailed the various things investors can do "right away" to navigate the "choppy waters out there."Stocks climbed on Monday after the White House eased tariffs on smartphones, chips and computers. The Dow Jones Industrial Average was up […]

On the eve of another painful Tax Day, the U.S. Congress has an appointment with destiny.At a time when American families are confronting the crushing weight of high prices and economic uncertainty—caused by the failed policies of the Biden administration—Washington has a historic opportunity to renew growth, restore prosperity, and reaffirm its commitment to the principles that have always made our nation strong.That opportunity lies in swift passage of President […]

U.K. Prime Minister Keir Starmer suspended tariffs on 89 British products in a bid to ease the strain on businesses in the middle of President Donald Trump's trade war.Tariffs are taxes that a government places on imported goods.The suspension of tariffs on U.S. imports ranges from items like pasta, fruit juices, electric car batteries and spices to plastics and gardening supplies over the next two years, according to the U.K. […]

More than 18,000 Porsche vehicles are being recalled due to air bag and rearview camera issues.Porsche Cars North America issued two recalls last week, one for 9,735 of its 2022-2023 Taycan sports cars and another for 8,571 of its 2024-2025 Macan electric crossovers, documents submitted to the National Highway Traffic Safety Administration (NHTSA) showed. The recall report for the affected Taycans said a "manufacturing error" in their occupant classification system for […]

President Donald Trump has no existing plans to speak with Chinese President Xi Jinping regarding the ongoing trade war, a top White House official said Sunday.U.S. Trade Representative Jamieson Greer made the statement during an appearance on CBS' "Face the Nation" on Sunday."Is the Trump administration opening any kind of channel to Beijing right now? Are there any plans for Presidents Trump and Xi to speak?" CBS host Margaret Brennan […]

Nearly 300 Delta Air Lines passengers experienced a night of chaos and delays last week after poor weather forced two international flights to divert to a regional airport without customs – forcing the passengers to spend the night in their planes on the tarmac.The two Delta flights, which departed from Mexico for Hartsfield-Jackson Atlanta International Airport last Thursday, did not reach their destination until the following day, according to the […]