Business

President Donald Trump said late Tuesday that he is pausing 50% tariffs on Canadian goods scheduled to take effect Wednesday, saying the two countries have reached a deal pending final documentation."I have paused the 50% Tariffs against Canada, that were scheduled to kick in tomorrow morning for a three day period, based on the fact that Canada and the U.S.A., subject to the finalization of documents, have a DEAL!" Trump […]

New York’s business climate is back in the spotlight after Gov. Kathy Hochul’s pause on new hyperscale data centers added to a broader debate over whether the state’s energy and economic policies are pushing investment elsewhere.Rep. Mike Lawler, R-N.Y., joined FOX Business’ Cheryl Casone on "Mornings with Maria" to discuss New York’s energy policies, business climate and continued taxpayer out-migration.Hochul announced a statewide moratorium of up to one year on […]

Home Depot customers are still spending on their homes, with smaller projects supporting demand as Americans contend with elevated mortgage rates and high home prices.The home improvement retailer said Tuesday that second-quarter sales rose 5.7% from a year ago to $47.9 billion, while comparable sales increased 1.7%. Comparable sales in the U.S. climbed 1.3%. The results came as consumers continued to favor smaller-scale home improvement work over larger projects."Our second […]

The Supreme Court has denied Verizon’s request for rehearing in its fight over a $46.9 million Federal Communications Commission penalty tied to the telecom giant’s former customer location data program.The justices denied the petition Monday without explanation, leaving the court’s earlier judgment against Verizon in place, according to the court’s Aug. 17 order list.The denial closes off Verizon’s effort to alter the disposition of a June Supreme Court ruling that […]

Mark Walter, who already sold his majority stake in the Los Angeles Lakers just one year after purchasing the NBA team, might be selling off yet another sports asset. Walter and business partner Todd Boehly are reportedly looking to sell their stakes in Chelsea Football Club of the English Premier League, according to the Financial Times.Walter and Boehly are hoping to sell their stakes to Clearlake Capital, the majority owner of […]

ChatGPT-maker OpenAI on Tuesday announced that it's creating a new portal for teenagers between the ages of 13 and 17 as it looks to address concerns about online safety for young people.The company made the announcement exclusively on-air with Fox News' "Fox & Friends" on Tuesday morning and outlined how the platform looks to address the potential for the misuse of the platform by children.The ChatGPT for Teens portal will […]

Buc-ee’s planted its flag in Arkansas on Monday, opening its first location in the Natural State as the Texas-based travel center chain continues an aggressive expansion across the U.S.The new Buc-ee’s in Benton opened its doors at 6 a.m. CT and spans 74,000 square feet, with 120 fueling positions. The company said the sprawling travel center will create more than 200 jobs.The Arkansas debut brings Buc-ee’s to 58 locations nationwide, […]

Ferrari’s first fully electric vehicle sold for a staggering $40 million at auction in Monterey, California.The 2026 Ferrari Luce "Tailor Made," identified as "Chassis 0," is the first production chassis from the Italian luxury automaker’s new electric vehicle program, according to RM Sotheby’s.The one-of-a-kind Ferrari was sold during RM Sotheby’s Monterey auction, with all proceeds benefiting educational initiatives through the Ferrari Foundation, a 501(c)(3) public charity. The buyer’s premium was […]

While recent economic data suggests South Florida has lost its cost advantage over New York, top real estate developers argue the numbers fail to tell the full story.Key executives behind major residential skyscrapers in Manhattan and Miami argue South Florida is playing long-overdue catch-up after decades of underpriced real estate, while still offering buyers significantly more long-term value."Miami has earned a seat as one of the greatest cities in the […]