President Trump declares Liberation Day and implements reciprocal tariffs to level the international playing field for American workers and businesses, facing short-term disruptions to restore American prosperity. The administration is taking a whole-of-government approach to bring down inflation and lower prices, while fighting against trade barriers with other nations.
Forbes released its annual list of the world's billionaires, with a record 3,028 billionaires and $16.1 trillion in total wealth. The U.S. has the most billionaires, followed by China and India. Public attitudes have shifted towards billionaires, with some facing backlash despite being more powerful than ever.
Elon Musk's Tesla experienced its worst quarterly performance in the stock market since 2022, with shares dropping by 36% in the first three months of 2025, wiping out over $460 billion in market cap. Various factors like Musk's role in the Trump administration, declining new vehicle sales, and challenges in meeting promises for robotaxis have contributed to the stock woes.
Construction spending rebounded in February, led by a pickup in homebuilding, despite elevated borrowing costs. Residential sector continues to drive construction activity, with single-family homebuilding up 1.0 percent.
The U.S. labor market held steady in February with little change in job openings, hires, and separations despite rising anticipation of new tariffs from the Trump administration. Job openings slipped to 7.6 million, led by drops in retail, finance, and leisure and hospitality. Hiring remained firm at 5.4 million. The quits rate stayed at 2.0 percent, indicating worker confidence.
Newsmax's stock price soared following a successful IPO, turning founder Christopher Ruddy into a billionaire. Despite the network's financial struggles, the stock price continued to rise significantly.
Newsmax, a conservative cable channel, saw its stock soar over 60% in afternoon trading after a successful IPO on the New York Stock Exchange. The company's founder and CEO, Christopher Ruddy, became a billionaire following the IPO.
Investors are pouring cash into gold funds due to economic concerns stemming from President Donald Trump's tariff war, leading to record highs for gold. The surge in gold purchases is driven by fears over the economy and stock markets, with a focus on safe haven assets like gold and U.S. Treasuries.
Gold prices hit a record high as investors turn to the safe-haven asset ahead of Trump's planned announcement of tariffs. Analysts predict continued rise due to uncertainty around tariffs and geopolitical situations.
CNBC host Jim Cramer criticizes President Trump over stock market performance as tariff deadline approaches, comparing him to Jimmy Carter and calling for a more pro-business attitude.
Europe is prepared to retaliate against the United States in response to Donald Trump's tariff hikes, with the EU having a strong plan if necessary. This could escalate into a trade dispute affecting various countries like Canada, China, Japan, and South Korea.
A Dallas man's Tesla Model X was vandalized at the Dallas-Fort Worth International Airport parking lot, leading to a lawsuit against the suspect for over $1 million. The incident is part of the 'Tesla Takedown' movement, where Tesla owners are being targeted and victimized. Various protests and acts of vandalism have occurred against Tesla vehicles and owners, prompting legal action and concerns about safety.
The Yiwu International Trade City in China is a massive wholesale market where millions of Chinese-made items are sold, providing insight into how Chinese businesspeople are adjusting to U.S. tariffs. The market offers various products like hardware, hair accessories, and 3-D printed plastic toys, with some entrepreneurs adapting to online platforms like TikTok to reach customers.
Forbes' annual list of the world's wealthiest people shows an increase in the number of billionaires. Chase Peterson-Withorn from Forbes discusses the findings from the latest survey.
After a leadership shakeup at Fannie Mae and Freddie Mac, this article discusses what's ahead for the giant firms and how the changes could affect mortgage affordability.
Denmark shoppers are boycotting American products and services in response to Trump administration's push for U.S. ownership of Greenland. The movement is gaining traction with Facebook groups and local initiatives promoting alternatives to American goods.
The reaction to Donald Trump's auto tariffs shows that tariffs are not protecting inefficient firms but are aimed at restructuring the economy away from dependence on foreign supply chains towards domestic production.
President Donald Trump signed an executive order to drive further investment in the United States, creating the "United States Investment Accelerator" office within the Department of Commerce to attract large investments above $1 billion by reducing regulatory burdens and expediting permitting.
Laurene Powell Jobs, a billionaire, has shown integrity by standing behind her editor and supporting journalism at The Atlantic amidst the Signalgate scandal. Unlike other billionaire tech owners who have caved to Trump, she has not compromised the integrity of her publication.
The article discusses how President Trump's tariffs on imports are negatively impacting US businesses, leading to rising prices, decreased confidence, and job losses. Despite Trump's promises of bringing jobs back to the US, many businesses are struggling to operate domestically due to high labor costs.
President Donald Trump is expected to sign an executive order to protect Americans from 'exploitive ticket scalping' in the concert and entertainment industry by enforcing competition laws, promoting the Better Online Ticket Sales (BOTS) act, ensuring price transparency, and preventing unfair practices in the secondary ticketing market.
President Trump aims to finalize a deal for the sale of TikTok's U.S. division to a non-Chinese buyer before the deadline. TikTok has faced scrutiny due to national security concerns and its parent company's ties to the Chinese Communist Party. Potential buyers include private equity firm Blackstone. The deal is complicated by China's reluctance to share TikTok's algorithm with Western entities.
President Trump will announce reciprocal tariffs on 'Liberation Day' in his second term, aiming to address unfair trade practices and protect American workers from countries imposing high tariffs on American products.
Protests against Tesla and Elon Musk are unfolding globally, with reports of reckless driving near Tesla showrooms, calls for investigations by local authorities, and instances of violence against Tesla properties. Critics accuse Musk of involvement in government efficiency efforts under the Trump administration.
Discussion on 'Tesla Takedown' protests against Elon Musk, highlighting rising automobile and utility costs due to government subsidies for EVs. Report by American Energy Institute (AEI) reveals impacts of regulatory credit system on gas-powered vehicle production and utility rates. Critics argue that subsidies disproportionately benefit wealthier individuals, imposing high costs on taxpayers.
A group of financial officers warns against 'domestic terrorism' attacks on Tesla dealerships, causing financial harm to millions of Americans. FBI launches a task force to address the violence, labeling it as 'domestic terrorism.' Democrats slow to condemn the attacks, while Elon Musk and Republicans blame far-left groups. Financial officers call for protection of Americans' financial future.
North American steel manufacturers are facing challenges due to Trump administration's trade policy, leading to layoffs and uncertain future for the industry. Semiconductor companies are also experiencing a dip in orders due to economic uncertainty.
United Auto Workers President Shawn Fain expresses support for President Trump's tariffs on foreign-made automobiles and parts, despite political disagreements. Fain emphasizes the need for domestic production and criticizes corporate greed in the auto industry.
A dog enthusiast in India owns a rare and expensive wolfdog named Cadabomb Okami and plans to buy a donkey-sized dog worth £10million. He spends all his money on rare dogs and showcases them at high-profile events, earning significant amounts. He has a history of owning and breeding unique and expensive dog breeds from around the world.
The concept of micro-retirement is gaining popularity among young workers, offering a flexible approach to taking career breaks to restore energy and wellbeing. While it aims to address burnout risks, it may have long-term financial and career implications. Research shows that prolonged working hours can lead to health issues. Businesses need to consider ways to promote employee well-being and productivity through sustainable work practices.
Canadian tourists are reconsidering visiting South Florida due to tension and uncertainty caused by the Trump administration's policies, resulting in a decline in Canadian tourism. Local businesses catering to Canadians are feeling the impact.
Wall Street is questioning if Google is at risk of becoming irrelevant as Alphabet's stock drops, drawing comparisons to Kodak.
President Trump is set to impose reciprocal tariffs on April 2, a move that could impact every American by raising prices and potentially affecting the economy. His belief in tariffs as a solution to economic issues has already caused market instability and alienated allies.
Amazon's Big Spring Sale offers last-minute deals on a variety of products including smartwatches, chargers, outdoor lights, flashlights, electric toothbrushes, air purifiers, cleaning tool organizers, face masks, and water dental flossers.
Policy uncertainty and new sweeping tariffs from the Trump administration are combining to create a stagflationary outlook for the U.S. economy in the latest CNBC Rapid Update.
Asian shares tumbled as worries about inflation and a slowing U.S. economy due to the trade war intensified. Gold hit a record high. Stock markets worldwide are shaky as more tariffs loom. Investors turned to traditional safe havens like gold.
Protests against Tesla and CEO Elon Musk are happening globally due to Musk's political role, resulting in declining sales and stock value. Branding expert Allen Adamson attributes the company's struggles to Musk's lack of focus on innovation, shifting public perception, and politics influencing consumer decisions.
The federal student loan system is facing uncertainty with millions of borrowers waiting for legal decisions on repayment plans and millions more at risk of default. The system has been disrupted by the COVID-19 pandemic and changes in administration, making it harder for borrowers to navigate. Complex legal battles and administrative changes are complicating the situation further.
Asian share markets tumbled due to concerns about U.S. tariffs affecting trade-reliant emerging economies. Most equities in emerging Asian countries fell to multi-month lows, with the region facing severe challenges from potential tariffs.
A very lucky person won the California Powerball lottery with an estimated $527 million jackpot. The winning ticket was sold at a 7-Eleven in Anaheim. The store's employees are excited and will receive $1 million for selling the winning ticket.
Stock futures fell as traders await clarity on President Trump's tariff plans, including a 25% levy on non-U.S. made cars. Markets are preparing for the impact of the tariffs set to go into effect on 'Liberation Day.'
Housing and Urban Development Secretary Scott Turner discusses the success of Opportunity Zones in economically distressed areas and the impact on communities in Philadelphia. He highlights the positive outcomes of private investment and economic development initiatives.
Democratic lawmakers are divided in their response to 'domestic terrorism' against Tesla, with some investing in the company despite criticizing Elon Musk. Attacks on Tesla vehicles and workers continue, with some Democrats condemning the violence while also investing in Tesla stock.
The FCC is investigating Disney and ABC for potential violations of equal employment opportunity regulations through 'DEI discrimination.' FCC Chairman Brendan Carr wants to ensure that any discriminatory initiatives have ended and that past practices complied with FCC regulations.
United Refining Company Chairman John Catsimatidis discusses the impact of President Trump's tariffs on oil trade. The trade war between the U.S. and EU threatens American whiskey industry with 50% tariffs. Small distilleries fear price hikes and reduced demand. Uncertainty due to tariffs hurts businesses and local agriculture.
Economists are voicing gloomy forecasts about the U.S. economy despite the Trump administration's optimism. Key indicators such as consumer confidence, credit card debt, business uncertainty, and trade policy uncertainty are signaling potential economic downturn.
Social Partner is a platform that connects businesses with freelancers and independent contractors for project-based work.
Amazon's Big Spring Sale features discounts on power tools and accessories. Prime members get exclusive deals until March 31. Deals include pressure washers, workbenches, batteries, drills, flashlights, toolboxes, screwdriver sets, drill bit sets, and angle grinders.
The Daily Wire has reportedly laid off employees from its kids department following the announcement of co-founder Jeremy Boreing stepping down as CEO. The move is in response to Disney's stance on Florida's Parental Rights in Education bill.
Venture capital-backed startups in the defense tech industry, led by young entrepreneurs, are disrupting traditional big military manufacturers with advanced technologies like AI and autonomous systems. The rise of these startups is fueled by significant funding from investors and a push to modernize military capabilities. The startups aim to provide more agile, cheaper, and advanced solutions for defense, potentially changing the landscape of warfare.
The Federal Communications Commission is investigating The Walt Disney Co. and its ABC television network over concerns of promoting discriminatory diversity, equity, and inclusion practices.
Yahoo, once a major internet company, is undergoing a turnaround led by CEO Jim Lanzone, focusing on leveraging AI in key products like Yahoo Finance and Sports. The company has divested underperforming units, made strategic acquisitions, and brought in top talent. Yahoo is betting big on AI, with initiatives like acquiring Artifact, an AI-powered news aggregator, and plans to reinvent Yahoo Finance using AI. The company is considering potential paths forward, including an acquisition, IPO, or remaining private.
Mississippi Governor Tate Reeves signed legislation to phase out the state income tax, aiming to enhance the state's competitive edge. The bill reduces sales tax on groceries and eliminates the income tax over a period of ten years. Reeves highlighted the importance of this move to attract business and workers to Mississippi, especially in comparison to neighboring states without income tax.
The price of eggs in the U.S. has dropped significantly due to a decrease in bird flu cases and efforts by the Trump administration to boost egg imports. Senator Tuberville emphasized the need to protect American farmers amidst the lower egg prices. Secretary Brooke Rollins mentioned various measures taken to stabilize egg prices and increase supplies.
Amazon's Big Spring Sale offers discounts on cleaning products, including vacuums, mops, and dishwasher pods. Prime members get exclusive deals. Various cleaning tools are available at lower prices until March 31.
Spring is a great time to reinvigorate your workout routine with Amazon's Big Spring Sale offering discounts on fitness gear. Products include weighted vests, resistance bands, vibration plates, socks, foam roller, golf swing trainer, walking pad, trampoline, smart scale, indoor bike, ab machine, and cargo leggings.
Amazon is back with its Big Spring Sale, offering discounts on various items. Prime members get exclusive deals. Some items on sale include a robot vacuum, nose hair trimmer, misting bottle, charging station, beard trimmer, book stand, comforter, olive oil dispenser, sharpener, and cutting board set.
Britain is hoping for a last-minute post-Brexit trade agreement with the US to avoid potential tariffs by President Trump. Talks have been ongoing between the UK government and US officials to reach a deal before April 2.
Economists are voicing gloomy forecasts about the U.S. economy, citing key indicators such as consumer confidence, credit card debt, business uncertainty, and trade policies. The country is facing potential recession risks and rising inflation concerns.
Amazon Auto now offers the option to buy new Hyundai cars, trade in old vehicles, and apply for financing online. Amazon Prime members can get a special incentive of $2,300 in Amazon.com gift cards when purchasing a car until April 15, 2025.
Charlie Javice, founder of a startup company, was convicted of defrauding JPMorgan Chase of $175 million by exaggerating her customer base. She and her co-defendant could face decades in prison. The company, Frank, promised to simplify the financial aid application process for students.
The U.S. government is seeking egg exports from countries in Europe and elsewhere to alleviate a severe shortage caused by a bird flu outbreak, but faces challenges due to differing food safety regulations. European countries have limited surplus eggs due to their own outbreaks and domestic demand. The U.S. may receive powdered or processed eggs instead of shell eggs. Various countries, including Poland and Italy, were contacted for egg supplies. The U.S. has cut egg exports and is trying to boost domestic supplies. Prices are fluctuating, and discussions continue amidst trade tensions.
Rep. Don Bacon believes Congress made a mistake in giving tariff authority to the president and suggests it should be taken back. The UK's British Steel blames President Trump's tariffs for the closure of its blast furnaces, putting 2,700 jobs at risk.
Fox News Digital discusses the upcoming 'Tesla Takedown' protest against Elon Musk, with insights from a law enforcement expert. The protest aims to send a message against Tesla for shredding public services, and recent incidents of violence are highlighted.
Protesters demonstrate outside Tesla showroom against Elon Musk's influence in Trump administration. Global day of action planned with 500 protests worldwide. Movement aims to boycott Tesla products and stocks due to Musk's policies and actions. Some backlash turns violent. Musk accuses community activist of crimes. Organizers want to diminish Musk's power by tarnishing Tesla's brand.
Elon Musk merges his startup xAI with his social network X in an all-stock transaction, valuing xAI at $80 billion and X at $33 billion. The merger aims to combine AI capabilities with massive reach to unlock immense potential. Musk has been involved in other high-value deals and ventures, including acquiring Twitter and overseeing Tesla, SpaceX, xAI, and X. He also holds a key role in President Donald Trump's second administration.
Rep. Scott Perry (R-PA) proposed legislation to abolish the renewable fuel standard (RFS) due to harmful environmental impacts and increased gas prices. The RFS was intended to reduce greenhouse gas emissions and reliance on imported oil, but critics argue it has failed to achieve these goals.
Streaming companies like Roku and Amazon are increasingly monetizing user data through personalized ads, leading to concerns about privacy and data collection. Roku, initially known for hardware, has transitioned into an advertising and data company, generating significant revenue from targeted ads. The shift towards ad-supported content is reshaping the TV industry, with companies leveraging user data for better ad targeting. Despite the convenience of relevant ads, many users are wary of the privacy implications and passive data collection involved.
President Donald Trump commuted the criminal fraud sentence of Ozy Media founder Carlos Watson, who was about to serve a 116-month prison term. Watson was convicted of securities fraud, wire fraud, and aggravated identity theft. Ozy Media was ordered to pay almost $60 million in forfeiture and over $36 million in restitution. The commutation was done just as Watson was due to begin his sentence.
President Donald Trump has granted pardons to three co-founders of BitMEX cryptocurrency exchange who previously pled guilty to violating the Bank Secrecy Act. The co-founders received probation and were ordered to pay civil fines. Trump issued the pardons more than three months after BitMEX was fined $100 million for the same violation.
Nikola founder Trevor Milton claimed to have received a full pardon from President Trump after being convicted of exaggerating claims about his electric vehicle company. Nikola filed for bankruptcy and now plans to continue limited operations. Milton's future involvement in the EV industry remains uncertain.
More than 200 protests are planned against Elon Musk across the UK and globally, criticizing his alignment with the right-wing, Trump, and promoting disinformation and fossil fuels. Activists aim to hurt Tesla's sales and stock prices.
The Amazon Big Spring Sale offers a variety of lawn care products at unbeatable prices, including lawn mowers, trimmers, leaf blowers, grass seed, and more. Exclusive deals for Amazon Prime members. Get everything you need to transform your lawn into a thriving oasis.
Amazon's Big Spring Sale offers discounts on trending products including headphones, Apple Watch, iPad, and more. Prime members get exclusive deals. Various items like cordless vacuum, hair dryer, and swimwear are on sale. Check out www.foxnews.com/category/deals for more deals.
U.S. personal income and consumer spending both increased in February, driven by wage gains and transfer payments. Consumer spending rose 0.4%, indicating steady demand despite inflation. Manufacturing wages and services sector wages also saw growth. The data suggests economic resilience despite gloomy consumer confidence surveys.
Stocks experienced a significant drop due to uncertainty on U.S. trade policy and inflation concerns. Tech giants such as Google and Amazon saw a decline. The market also reacted to higher long-term inflation expectations and core personal consumption expenditures price index. Trump's tariff announcements added to the market volatility.
Tesla Takedown's Global Day of Action protests planned at over 200 locations worldwide, aimed at Elon Musk's actions with the US federal government post-Trump. Protests have led to significant financial losses for Tesla and Musk. Organizers advocate against buying Tesla, selling stock, and joining the protest movement.
Elon Musk has become heavily involved in the federal government, serving as a policy advisor in the White House and overseeing the Department of Government Efficiency (DOGE). His increased role has raised concerns about conflicts of interest with his own companies, such as SpaceX. Various agencies and officials have been fired or replaced by President Trump, leading to investigations and lawsuits against Musk's companies.
A Tesla Cybertruck was vandalized at a New Hampshire resort, leading to an investigation and potential arrest of the suspect. The rise in Tesla vandalism has prompted FBI involvement and statements from political figures.
Amazon's Big Spring Sale offers great deals on key spring wardrobe items including wide-leg pants, blazers, pleated skirts, wrap dresses, slip shorts, tracksuits, smocked dresses, hooded jackets, raincoats, and denim jackets.
The Los Angeles Times has undergone another round of layoffs on the business side following previous staff cuts. The newspaper's owner cited financial reasons for the cuts, with dozens of employees across various departments being let go. This is part of a trend in the news industry where layoffs and buyouts have been common.
The Federal Reserve's key inflation measure rose more than expected in February while consumer spending had a smaller than projected increase. Economists had forecasted lower numbers for both. The report shows that consumer spending increased 0.4% for the month, below the 0.5% forecast, while personal income rose by 0.8% against the estimated 0.4%. Stock market futures briefly moved lower following the release as did Treasury yields.
Author Batya Ungar-Sargon believes Trump's tariffs will benefit working-class America and young men displaced from the workforce by making American labor competitive globally.
NPR's Steve Inskeep visits the Chinese trading city of Yiwu to hear how merchants are responding to U.S. tariffs on products shipped from nearby factories.
Due to the bird flu outbreak, egg prices have risen, leading to an increase in people attempting to bring eggs into the U.S. illegally. U.S. Customs and Border Protection has reported a rise in egg seizures while interceptions of fentanyl have fallen. The Agriculture Department is working on importing eggs legally to address the shortage.
Chinese President Xi Jinping met with global executives to encourage investing in China amidst escalating trade tensions with the U.S. Xi emphasized fair opportunities for foreign businesses and the importance of upholding global order. The U.S. has raised tariffs on China and added Chinese tech companies to its export blacklist.
Paul Kim was arrested for a domestic terrorism attack on a Tesla Collision Center in Las Vegas, where several Tesla vehicles were set on fire. The attack involved molotov cocktails and gunshots, with the word 'resist' spray-painted on the doors. Similar attacks have been reported at other Tesla locations across the country.
The article discusses how Value-Added Taxes (VATs) can be used as weapons in trade wars, highlighting their impact on consumer prices, competitiveness of American goods in international markets, and trade imbalances. It criticizes the hypocrisy of free trade advocates who denounce tariffs but praise VATs, arguing that VATs are essentially tariffs with additional taxes on sales of domestically produced goods.
More Americans are taking hardship withdrawals from their retirement accounts, which could have serious consequences on their finances later in life. Despite easier access to withdrawals, experts warn of penalties and reduced savings. However, savers are maintaining a long-term approach to retirement saving.
China's economy is facing challenges with slumping demand, excess industrial capacity, heavy debt, and a tariff war with the United States. The Chinese government is trying to encourage business investment, but it's difficult in a communist state not always supportive of entrepreneurs. Vietnam is looking to benefit from China's economic uncertainty and is experiencing a manufacturing boom.
The United Auto Workers (UAW) is praising President Donald Trump’s auto tariffs, thanking him for ending free trade deals that have hurt working class communities. The UAW sees the tariffs as a way to bring back jobs to the U.S. auto industry.
More Americans are dipping into their retirement funds prematurely, with a record percentage taking hardship withdrawals in 2024, potentially impacting their future finances. While easier access to withdrawals has been facilitated, there are warnings about the long-term consequences. However, the fact that the hardship withdrawal rate remains below 5% indicates overall resilience among savers, with average account balances rising in 2024.
Amazon's Big Spring Sale offers a variety of top-rated beauty products catering to different needs, from hydration to relaxation. Exclusive deals for Prime Members. Featured products include collagen mask, snail serum, dark spot remover, lash serum, vitamin C serum, and more.
Negotiators are working on rules for deep-sea mining by The Metals Company despite concerns about potential environmental consequences and the lack of finalized regulations by the International Seabed Authority (ISA). The company plans to move forward with the world's first deep-sea mine in the eastern Pacific Ocean, sparking debates among experts about the impact on marine ecosystems and the need for more research before commercial production begins.
California now has more electric vehicle charging stations than gas nozzles, but consumer demand is struggling to meet Gov. Gavin Newsom’s target of ending gas-powered vehicle sales by 2035, and federal support is in doubt.
Elon Musk, once praised for his work in electric vehicles, is now facing backlash from the left for his association with the current administration. Tesla vehicles and owners are being targeted, revealing the true motivations behind the climate change movement.
During President Trump's first term, he imposed tariffs on China which benefitted Vietnam economically, leading to a booming economy in Vietnam.
Democrats question top national security officials, Trump claims auto tariffs will boost manufacturing, concerns over private information in DOGE.
President Trump announced new 25% tariffs on imported cars and car parts to boost auto manufacturing in America and increase government revenue.
Democrats press Trump administration for answers after U.S. bombing campaign plans in Yemen were mistakenly shared with a journalist. Trump imposes 25% tariffs on imported cars. Genetic testing company 23andMe files for bankruptcy. NPR and PBS CEOs defend public broadcasting against accusations of political bias.