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Trump waives many Russian sanctions, tariffs under new law backed by Lindsey Graham

Business

Trump waives many Russian sanctions, tariffs under new law backed by Lindsey Graham

President Donald Trump on Friday said he was waiving many Russian-related sanctions and tariffs under a new law backed by late South Carolina Sen. Lindsey Graham. The Graham Act, which Trump signed into law last month, would have imposed sanctions of up to 100% on all goods brought into the United States from the largest importers of Russian crude oil and gas, along with countries that knowingly bought Russian oil 30 […]

todayOctober 16, 2026

LARRY KUDLOW: No fracking, free health insurance for illegal immigrants — is that really affordability?

Business

LARRY KUDLOW: No fracking, free health insurance for illegal immigrants — is that really affordability?

Even the New York Times is worried that the Democratic blue wave is not really going to pan out in the midterms 18 days from now. In fact, their piece this morning is headlined: "Democrats Worry That a Few Senate Races in Bluer States Aren’t Slam Dunks." Of course they cite Abdul El-Sayed in Michigan, Troy Jackson in Maine, Peggy Flanagan in Minnesota. Yet they left a few out.James Talarico […]

todayOctober 16, 2026

Robots could boost US manufacturing as America races to keep pace with China, expert says

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Robots could boost US manufacturing as America races to keep pace with China, expert says

Robotics will be critical to expanding U.S. manufacturing at scale as companies struggle to find enough skilled workers, a manufacturing executive told FOX Business."We do not have the workforce needed to do that," Heather Carroll, chief revenue officer at Path Robotics, said when asked whether the U.S. could expand manufacturing at scale without robotics.Carroll pointed to Saronic Technologies' $3.2 billion Port Alpha shipyard in Brownsville, Texas, as an example of […]

todayOctober 16, 2026

Southwest unveils new perks for flyers in rewards program shake-up

Business

Southwest unveils new perks for flyers in rewards program shake-up

Southwest Airlines is overhauling its loyalty program, adding a new top-tier status with unlimited Companion Pass trips and giving travelers more ways to earn and redeem points.Starting Jan. 1, 2027, Southwest's current A-List status will become Silver and A-List Preferred will become Gold. The airline is also introducing a new Platinum tier above both, according to a Thursday news release.Platinum members will receive unlimited Companion Pass trips, allowing them to […]

todayOctober 16, 2026

KFC replacing Pepsi with Coca-Cola at 3,700 US restaurants after nearly four decades

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KFC replacing Pepsi with Coca-Cola at 3,700 US restaurants after nearly four decades

KFC is making a major change to its drink lineup, announcing Thursday that it will replace Pepsi with Coca-Cola at its U.S. restaurants, ending a beverage partnership that lasted roughly four decades.The fried chicken chain said it will begin transitioning to Coca-Cola products in January 2027, with the new beverages expected to be available at all U.S. locations by spring.The move ends a nearly 40-year relationship that began when PepsiCo […]

todayOctober 16, 2026

Tesla’s new Roadster makes a flying debut, hitting 60 MPH in under a second

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Tesla’s new Roadster makes a flying debut, hitting 60 MPH in under a second

Tesla unveiled its long-anticipated Roadster on Thursday during a dramatic event in which the vehicle used compressed-air thrusters to fly off a ramp and perform a midair maneuver.The vehicle was seen flying, performing a midair flip and accelerating from zero to 60 mph in under a second."Turns out the future does have flying cars," Tesla and SpaceX CEO Elon Musk said at a SpaceX test site in McGregor, Texas.Vice President […]

todayOctober 15, 2026

LARRY KUDLOW: Don’t count the GOP out yet

Business

LARRY KUDLOW: Don’t count the GOP out yet

Run your finger down the key races in the Real Clear Politics average. What you see is seven toss-up races, well within the polling error margin. One tie in Kansas. One big GOP win in Florida. And one Democrat win in Georgia.Again, the toss-ups are well inside the error margin. This does not spell a Democratic blue wave in the Senate. I first heard this argument about 10 days ago […]

todayOctober 15, 2026 1

Jeff Bezos allegedly linked to mystery $69.5M Florida mansion purchase near his ‘Billionaire Bunker’

Business

Jeff Bezos allegedly linked to mystery $69.5M Florida mansion purchase near his ‘Billionaire Bunker’

If the exclusivity of Miami's "Billionaire Bunker" isn't enough for some of the world's wealthiest buyers, a record-breaking oceanfront home nearby could be the next addition to their real estate portfolios.In September, the 17,500-square-foot estate at 255 Ocean Boulevard in Golden Beach sold for $69.5 million, breaking a local sales record. Property records reviewed by Fox News Digital show the home was purchased by Delaware-based Meridian Coast LLC, which sources […]

todayOctober 15, 2026 2

Social Security cost-of-living increase sparks debate over looming funding shortfall

Business

Social Security cost-of-living increase sparks debate over looming funding shortfall

Social Security beneficiaries could face a 22% across-the-board benefit reduction in 2032 without congressional action, according to the Committee for a Responsible Federal Budget (CRFB), as a new cost-of-living adjustment renews debate over the program's financial future.The warning comes as Social Security's retirement trust fund approaches a projected 2032 depletion date, putting pressure on lawmakers to address the program's long-term funding shortfall.Social Security recipients will receive a 3.6% cost-of-living adjustment […]

todayOctober 15, 2026 2