Business

The U.S. could soon lift additional sanctions on Venezuela to help support oil sales, according to Treasury Secretary Scott Bessent.In an interview with Reuters, Bessent said more U.S. sanctions could be lifted "as soon as next week," adding that he plans to meet with the heads of the International Monetary Fund (IMF) and the World Bank to discuss renewed engagement with the South American nation."We're de-sanctioning the oil that's going […]

Meta's latest nuclear power deals will help the U.S. "win" the artificial intelligence (AI) race against China as surging energy demand strains the nation’s power grid, the company’s Chief Global Affairs Officer Joel Kaplan told FOX Business.The tech giant announced Friday it has signed 20-year agreements to buy power from three Vistra-owned nuclear plants in Ohio and Pennsylvania, while also helping develop new nuclear projects with Oklo and TerraPower. The deals […]

As the United States prepares to celebrate its 250th birthday this July 2026, Education Secretary Linda McMahon is putting renewed focus on something she says is quietly fading from classrooms nationwide: patriotism. In an appearance on FOX Business’ "Mornings with Maria," McMahon outlined a nationwide push to restore civics education, pride in the American flag, and a shared sense of national identity among America’s youth.McMahon said too many schools have moved […]

Last week’s capture of Venezuelan president Nicolás Maduro opened the world to see the mess that the country with the largest proven oil deposit in the world was still starving and abusing its people. But there’s more to it than the alleged crimes of the previous leader.Notably, one of Venezuela’s closest allies over the past few years has been the Islamic Republic of Iran. Broadly speaking, that regime is a […]

Anthony Hopkins purchased the former home of a beloved Hollywood couple.Fox Business confirmed that the 88-year-old "Silence of the Lambs" star recently purchased Goldie Hawn and Kurt Russell's former home in the Pacific Palisades, reportedly for $13 million.The 6,389-square-foot home, which features five bedrooms, five bathrooms and an attached two-car garage, was placed on the market in late 2025 for $13.4 million in partnership with listing agent Josh Flagg of […]

In an unassuming town outside Detroit, a small American startup is quietly preparing U.S. troops for the next era of warfare — where battles won’t be fought by soldiers but by swarms of machines.Swarm Defense originally built its business around large-scale drone light shows but has since pivoted into military applications. Today, the same coordination and precision once used for entertainment are being applied to help replicate one of the […]

Fraud against the government is a huge problem, with the misappropriation of federal funds involving Somali-owned child care centers in Minnesota being just the tip of the iceberg. Indeed, according to Government Accounting Office estimates, the federal government loses between $233 billion and $521 billion annually to fraud.  Fraud involving federal set-aside programs is particularly pernicious. These programs typically reserve government benefits exclusively for small, disadvantaged businesses to ensure that they can compete on a level playing field against large companies. But some ineligible large […]

President Donald Trump announced Friday he is calling for a one-year cap limiting credit card interest rates to 10%.Trump blamed the Biden administration for allowing rates to rise as high as 20–30%, adding that Americans were being "ripped off" by credit card companies."Please be informed that we will no longer let the American Public be 'ripped off' by Credit Card Companies that are charging Interest Rates of 20 to 30%, […]

President Trump on Friday said major U.S. oil companies will invest $100 billion to rebuild Venezuela's energy sector after the successful capture of Venezuelan dictator Nicolás Maduro.Speaking in the East Room of the White House during a meeting with nearly two dozen top oil and gas executives, Trump said American energy companies will rebuild Venezuela’s "rotting" oil infrastructure and push production to record levels."American companies will have the opportunity to […]