Business

The Powerball jackpot surged to an estimated $930 million after Monday night’s drawing failed to produce a grand prize winner.The pot grew after no ticket matched all six numbers in the Monday drawing.The white balls were 8, 32, 52, 56 and 64. The Powerball was 23.It now has an estimated cash value of $429 million, according to the lottery.Monday's drawing was the 40th in the current jackpot run. The jackpot […]

EXCLUSIVE – The Pentagon is announcing the launch of GenAI.mil, a military-focused AI platform powered by Google Gemini.In a video obtained by FOX Business, Secretary of War Pete Hegseth said the platform is designed to give U.S. military personnel direct access to AI tools to help "revolutioniz[e] the way we win.""The future of American warfare is here, and it's spelled AI," Hegseth said. "As technologies advance, so do our adversaries. […]

President Donald Trump said Monday that his administration is planning to address the cost of farming equipment by easing regulatory burdens on equipment manufacturers.Trump made the comments during a roundtable about issues affecting the U.S. agriculture industry, including the administration's plan to provide a roughly $12 billion bailout to farmers affected by trade disruptions related to tariffs."The other thing I'd like to add… and I think it's very important, we're going […]

The U.S. Food and Drug Administration (FDA) issued a nationwide recall of thousands of bottles of blood-pressure medication last week after discovering cross-contamination with another drug.Federal regulators issued the warning on Dec. 1 for roughly 11,100 bottles of the combination medication bisoprolol fumarate and hydrochlorothiazide, sold under the brand name Ziac.Testing revealed that "trace amounts of ezetimibe," a prescription drug used to treat high cholesterol, were detected in reserve samples. The recall was classified as Class […]

President Donald Trump announced Monday that the U.S. will permit Nvidia to export its artificial-intelligence (AI) chips to China and other countries, partially reversing a Biden-era restriction on high-end chip exports.  Trump said the U.S. will gain a 25% share from the H200 chip exports and that the trade will be closely monitored to safeguard national security."I have informed President Xi, of China, that the United States will allow Nvidia to […]

It may well be that there’s an affordability crisis and consumers have no confidence in America or President Trump. But sometimes facts speak louder than political conjectures or biased polls.Black Friday spending surged this year to new highs, fueled by record-breaking online spending that reached $11.8 billion on Black Friday alone, according to Market Data. Online sales on Black Friday made up about 10% of total sales for the entire […]

FIRST ON FOX: The White House is celebrating the reopening of a steel furnace in Illinois that will usher in hundreds of jobs — pointing to it as an example of the president's economic pledge to increase U.S. jobs. "American Steel, American Jobs — that’s what President Trump promised, and that’s what President Trump is delivering," White House spokesman Kush Desai told Fox News Digital Monday. "U.S. Steel’s new plans to […]

Home sellers have struggled to get the price they're looking for in the market this year, which has contributed to an influx of delistings, according to a Realtor.com report.Realtor.com's monthly housing trends for November found that delistings in the month of October were up 38% compared with the same month last year. Additionally, delistings over the course of 2025 to date are up about 45% from the same period in […]

Anxiety has given way to hope on Wall Street.Stocks are back near records, recovering from a slump spurred by fears that the excitement about the artificial-intelligence boom has outstripped the potential profits.Optimism about AI has proved durable. But other important factors are also powering gains. Here’s a look at some of the reasons investors expect that the rally could go further from here:Stocks currently look very expensive by some measures, […]