Business

American consumers are noticing a new line on their shopping receipts — a tariff surcharge. Even with President Donald Trump’s 90-day pause on tariffs, companies and customers are feeling the impact, especially those that import their products from China. The surcharges have been popping up across several industries, impacting nearly everything from prices of clothing to automobile manufacturing. Some companies are charging flat fees, while others charge a percentage of the […]

The Trump administration is exempting imported smartphones, laptops and other electronics from reciprocal tariffs. Customs and Border Patrol issued new guidance on reciprocal tariff negotiations late Friday, noting the exemption of those goods from Trump’s April 2 executive order which declared a national emergency due to non-reciprocal trade practices and structural imbalances in the global trading system. Subsequent executive orders ramped up tariffs on China to 125%.The updated guidance, which cites […]

A mansion that reportedly has a past connection to Microsoft cofounder Bill Gates has gone up for sale in South Florida.The seller is seeking a whopping $23.5 million for the nearly 9,500-square-foot waterfront home on Florida’s Jupiter Island, its listing held by Susan Hemmes of ONE Sotheby’s International Realty showed.Inside the massive U-shaped home, there are a total of four bedrooms and seven full bathrooms.Its "expansive" master suite comes replete […]

-Stocks end volatile week with gains, gold hits record, bonds suck wind as dollar gets dinged-President Trump's surprise tariff pivot and negotiation progress -U.S. hits China with tariffs, China hits back -Treasury Secretary Bessent warns China over several tactics -JPMorgan CEO Jamie Dimon weighs in on U.S. recession exclusively to FOX Business -BlackRock CEO Larry Fink, who runs the world's biggest asset manager, gives his take on the week -Delta, Walmart take pause on forecasting […]

Mick Jagger's former London penthouse is now up for grabs.The Rolling Stones frontman's former home has been placed on the market for the first time in 30 years for $7 million in partnership with joint sole selling agents Beauchamp Estates and Prime London. "Offering substantial lateral living on the doorstep of Regent’s Park, the former London home of rock legend Mick Jagger provides ample bedrooms and large reception rooms," said Jeremy […]

Celery sold at Walmarts in nearly 30 states has been recalled due to a possible listeria contamination risk, according to the U.S. Food and Drug Administration (FDA). California-based Duda Farm Fresh Foods, Inc. voluntarily recalled the washed and ready-to-eat celery after random sampling by the Georgia Department of Agriculture at a store in Georgia gave a positive result. Listeria infection can cause fever, headache, stiffness, nausea, abdominal pain and diarrhea and, in […]

Interior Secretary Doug Burgum discussed the coal industry and President Donald Trump’s recent executive order to help raise its production in an interview with FOX Business’ Kelly Saberi Friday.The president signed an executive order earlier this week that instructed the National Energy Dominance Council to designate coal as a "mineral" under another measure that sought to "boost American mineral production, streamline permitting, and enhance national security," according to the White […]

The Trump administration on Friday moved to review the use of regulatory guidance at the Consumer Financial Protection Bureau (CFPB) to root out what it views as an unlawful rulemaking process.Russell Vought, director of the Office of Management and Budget (OMB) and acting director of the CFPB, wrote in a memo viewed by FOX Business, "For too long this agency has engaged in weaponized practices that treat legal restrictions on its […]

The area around Bristol, Tennessee, gets an economic boost when NASCAR comes to town, FOX Business correspondent Max Gorden reported Friday.The Bristol Motor Speedway, nicknamed "The World’s Fastest Half-Mile," is hosting the Food City 500 on Sunday. The race is part of the NASCAR Cup Series.Gorden reported that some 150,000 people come to the Bristol Motor Speedway to watch the NASCAR racing.While they’re in town, the NASCAR fans spend money […]