Business

Treasury Secretary Scott Bessent said he expects the U.S. to end the year with a better-than-expected 3% gross domestic product (GDP) growth.Bessent appeared Sunday on CBS News' "Face the Nation" and was asked by host Margaret Brennan about whether President Donald Trump was wrong to predict this spring that Americans may buy "two dolls instead of the 30 dolls" and that "maybe the two dolls will cost a couple of bucks […]

Shake Shack is closing up its shop inside San Francisco's largest mall as new owners take over the beleaguered property. A Nov. 25 filing with state labor officials revealed that the fast-food chain will permanently close its location inside the Westfield San Francisco Centre on Market Street on Dec. 14, a move that will impact 26 employees.Shake Shack told FOX Business that San Francisco Centre, which has been plagued by soaring […]

President Donald Trump raised antitrust concerns over the proposed Netflix takeover of Warner Bros. Discovery on Sunday, warning that the combined market share could be a problem.Netflix on Friday agreed to acquire Warner Bros. Discovery's film and television studios and streaming platform, HBO Max, in a cash-and-stock deal valued at $27.75 per Warner Bros. Discovery share. "It’s got to go through a process, and we’ll see what happens… Netflix is a great […]

FIRST ON FOX: More than a dozen conservative groups are urging House Speaker Mike Johnson, R-La., and Senate Majority Leader John Thune, R-S.D., to support the American Music Fairness Act ahead of rock legend Gene Simmons' high-profile testimony before the Senate Judiciary Committee on Tuesday.In what would be a major shake-up for the music industry, the American Music Fairness Act would require AM and FM radio stations to pay recording […]

America’s ability to compete in the global artificial intelligence (AI) race may depend less on computing power and more on the energy required to sustain it."The AI race is definitely an energy race, and one of the things that we've said is that in order to win the AI race, you must win the power race," Nathan Lord, president of nonprofit organization Shale Crescent USA, told FOX Business. "But the […]

Google has unveiled its Year in Search 2025, spotlighting the events, people and pop-culture moments that prompted the biggest spikes in search interest.Charlie Kirk topped this year’s list as the No. 1 trending search in the U.S. The Turning Point USA founder was shot and killed while speaking at a campus event at Utah Valley University on Sept. 10, fueling a nationwide surge in search activity.Rounding out the top five […]

JPMorgan Chase CEO Jamie Dimon offered an optimistic outlook on artificial intelligence (AI), predicting the technology will not "dramatically reduce" jobs over the next year — provided it is properly regulated.Dimon was asked by Fox News' Maria Bartiromo on "Sunday Morning Futures" what Americans should do to prepare for this "new revolution that's underway with AI," especially given that the technology is "creating efficiencies to the extent that it is cutting […]

Prospective homebuyers in certain markets may finally catch a break in 2026, according to Realtor.com’s latest forecast.Jake Krimmel, senior economist at Realtor.com, told Fox News Digital that homes in Raleigh, Denver, Phoenix, Northern California and the Pacific Northwest will see prices decline in 2026.THE TOP 3 REASONS HOUSING HAS BECOME SO UNAFFORDABLE IN THE US MARKET"We forecast outright price declines in much of Florida," Krimmel added, noting that Miami is […]

The U.S. Consumer Product Safety Commission (CPSC) recalled several items sold on Amazon due to safety hazards ranging from fire risks to injury concerns.Here’s a look at the products affected, the hazards they pose, and what consumers should do if they own one.Consumers should "immediately" stop using the INIU 10,000mAh portable power banks sold on Amazon, which have resulted in at least three minor burn injuries. The INIU power bank model […]