Business

Hundreds of thousands of cases of cheese sold nationwide are being recalled over the possibility that they may be contaminated with metal fragments.  Ohio-based Great Lakes Cheese Co. Inc. recalled seven cheese products that were shipped to major retailers, including Target, Walmart and Aldi throughout 31 states, because there are possible metal fragments in the product from one of the company's raw material suppliers.FOX Business reached out to Great Lakes […]

The chairman of the U.S. Securities and Exchange Commission, Paul Atkins, said the agency is tightening scrutiny of Chinese firms in U.S. markets, stressing the need to ensure "our rules… are complied with and that our laws are complied with," particularly as companies "operating in China" list shares in America."That's very important for us to focus on and not lose sight of," Atkins told FOX Business' Maria Bartiromo from the […]

President Donald Trump suggested Tuesday that Americans may "not even have income tax to pay" in the near future, saying tariff-driven revenue could allow for the historic elimination of the federal income tax under his tenure.Trump told a press gaggle after his cabinet meeting that "at some point in the not too distant future you won’t even have income tax to pay," arguing that revenue the government is collecting under […]

The Food and Drug Administration (FDA) issued a stark warning Tuesday about malfunctioning blood glucose monitoring devices that may have contributed to seven deaths and hundreds of serious injuries.Medical equipment manufacturer Abbott also alerted users and health distributors last Monday, urging them to immediately stop using or dispose of all FreeStyle Libre 3 Sensor and FreeStyle Libre 3 Plus Sensor devices.The FDA described the issue as a "potentially high-risk" problem."As […]

EXCLUSIVE — Senate Banking Committee Chairman Tim Scott, R-S.C., told FOX Business he will push for an "accelerated path to completion" after President Donald Trump told reporters Sunday that the president knows who he will choose to lead the Federal Reserve. The Senate Banking Committee is responsible for reviewing and voting to approve the president’s pick before the candidate goes to the full Senate for confirmation. "We need a Fed chair who […]

Sens. Ted Cruz, R-Texas, and Cory Booker, D-N.J., urged leaders of Fortune 1000 companies in a letter Tuesday to support the newly created federal savings program known as "Trump Accounts," a tax-advantaged investment account established for newborn American children.The program, created by the One Big Beautiful Bill Act and signed into law by President Donald Trump July 4, provides every child born between Jan. 1, 2025 and Dec. 31, 2028, […]

Oil and gasoline prices are expected to decline next year, according to the latest forecast from the Energy Information Administration (EIA).The EIA published its November Short-Term Energy Outlook last month, which projected that the price of Brent crude oil will decline from $69 a barrel in 2025 to $55 a barrel next year. That would be well below the $81 per barrel that prevailed in 2024.Gas prices are also projected […]

Americans are seeing relief at the pump as the national average for regular gas fell to $2.99 on Monday, AAA reported — the first time prices have dipped below $3 in more than four years.U.S. Energy Secretary Chris Wright says that drop isn’t a coincidence, arguing on FOX Business’ "Kudlow" that "nothing’s better than saving money" at a time when families are struggling with costs."Every week you fill up your […]

In an era dominated by screens, more parents are searching for ways to give their kids something they feel has quietly disappeared: freedom, confidence and far less time glued to devices.A fast-growing, parent-led movement is taking hold in communities nationwide, reframing childhood around independence and real-world experiences rather than constant digital stimulation.The Balance Project, a nonprofit, launched just a year ago in Little Silver, New Jersey, and has already expanded […]