Business

The mass firings carried out at the Consumer Financial Protection Bureau (CFPB) were halted, at least temporarily, by a federal judge on Friday. The agency said it had dismissed between 1,400 and 1,500 workers, which amounts to nearly 90% of its workforce. President Donald Trump and billionaire Elon Musk have called for abolishing the agency, accusing it of politicizing enforcement and waste, but administration officials have said in court that the […]

As a potential tariff deal between the U.S. and China gets closer to becoming solidified, one foreign policy strategist predicted what he thinks is transpiring behind-the-scenes with the two adversaries."We found out from the Chinese side that they have quantitative calculations they make for how much pain the tariffs will cost them, which sectors they're most sensitive about," Fox News contributor Michael Pillsbury said on "Varney & Co." Friday."So President […]

Netflix exceeded Wall Street expectations for quarterly results and offered a bullish revenue outlook on Thursday, signaling confidence amid the economic uncertainty surrounding President Donald Trump's erratic tariff plans.Shares of the company were roughly flat in after-hours trading at $970.10.The streaming giant also said its co-founder Reed Hastings had left his post as executive chairman to become the board's non-executive chair, "part of the natural evolution of our leadership structure […]

Lids, the global sports retailer, has reinvented the way sports fans around the world can support their teams, especially when it comes to customization.The company has always been known for its ability to customize hats, but its new retail store concept has been designed to elevate that to the max. The enhanced Custom Zone is at the center of Lids’ increased attention to fashion headwear, reinforcing the company’s commitment to allowing […]

The U.S. is now locked in rapid-fire negotiations with nations across the globe in a race to lock down bilateral trade deals during a 90-day pause on President Donald Trump's tariff plan. After an aggressive and complex tariff strategy sent markets reeling, Trump announced he would put the plan on a three-month pause — all nations would face a 10% tariff except China, which would face 145%. The pause was intended […]

President Donald Trump on Thursday said an 80-page minerals deal will be signed with Ukraine in one week.While Trump announced during a press event from the Oval Office alongside Italy’s Prime Minister Giorgia Meloni that the deal would be signed next Thursday, Treasury Secretary Scott Bessent later amended that it would likely be signed on April 26. Details on the agreement still remain relatively unknown, though recent reporting by Bloomberg has […]

A federal judge ruled Alphabet-owned Google has monopolies in the online publisher ad server and ad exchange markets. That ruling was from U.S. District Court for the Eastern District of Virginia Judge Leonie Brinkema. In her ruling, she said Google "has willfully engaged in a series of anticompetitive acts to acquire and maintain monopoly power in the publisher ad server and ad exchange markets for open-web display advertising." "For over a decade, Google […]

The Consumer Financial Protection Bureau (CFPB) on Thursday moved forward with sweeping layoffs at the agency as the Trump administration looks to remake the consumer enforcement agency.A source familiar with the process told FOX Business that more than 1,500 workers at the CFPB will receive reduction-in-force notices. The layoffs are across the CFPB's core functions, including supervision of financial institutions and its enforcement arm.Following the job cuts, the CFPB will […]

BlackRock CEO Larry Fink, who oversees the world's largest asset manager, published his highly anticipated annual letter to investors in April. While the timing coincides with volatile global financial markets impacted by U.S. tariff negotiations, Fink attempts to cut through the noise to identify opportunities and trends that can help institutions and investors build wealth.  Read More ​Latest Business News on Fox Business 8cca25a2-d1f2-516a-87e6-9c53d1242518, fbn, Fox Business, fox-business/organization/blackrock, fox-business/markets, fox-business/markets/stocks, fox-business/markets/bonds, […]