Los Angeles has seen a decline in local film and TV production, causing some to worry the city could face the same fate as Detroit did with the auto industry several decades ago. "As the auto industry...
Treasury Secretary Scott Bessent told an investor summit on Tuesday that he expects the U.S. and China will de-escalate the impasse over tariffs because it's unsustainable for both countries, FOX Busi...
The chief executives of Walmart and Target met with President Donald Trump on Monday to discuss ongoing trade negotiations with other nations and the impact of tariffs imposed on imported products. Wa...
The International Monetary Fund (IMF) on Tuesday cut its growth forecasts for the U.S. and other countries due to uncertainty over trade policy and weaker demand.The IMF's report slashed its 2025 econ...
Numerous companies have announced investments in U.S. manufacturing in recent weeks. The announcements, which have come from sectors such as tech, pharmaceuticals and automobiles, came amid President ...
The market for U.S. Treasuries plays a critical role in how the federal government finances its spending through debt and holds the title of the world's largest. It also has the most liquid government...
Walgreens has agreed to pay up to $350 million as part of a settlement with the U.S. Justice Department to resolve claims that the company illegally filled millions of invalid prescriptions for opioid...
During his tenure as the head of the Catholic Church, Pope Francis, who died Monday at age 88, spoke about how businesses and the economy should support the poor, while pushing back on suggestions he ...
President Donald Trump is having a sit-down with several retailers regarding the tariffs he has imposed on goods imported from foreign countries.Bloomberg reported the meeting on Monday will be betwee...
President Donald Trump on Monday continued his criticism of Federal Reserve Chair Jerome Powell, calling him a "major loser" and saying the central bank should make "preemptive cuts" to interest rates...
President Donald Trump's tariffs are expected to cause the unemployment rate to rise over the course of this year, though mass layoffs aren't expected, according to a new analysis.Allianz economists, ...
The multinational logistics company DHL Express said it would suspend global shipments worth more than $800 to American consumers, including from Hong Kong, due to U.S. customs regulatory changes.DHL,...
