Trump’s crypto czar decries government’s lack of Bitcoin ‘long-term strategy’
Bitcoin Foundation Chairman Brock Pierce discusses Trump's “crypto-strategic reserve” plan to join “Varney & Co.” White House Artificial Intelligence (AI) and Crypto Czar David Sacks on Thursday claimed that the lack of a federal government in its “long-term strategy” on Cryptocurrency had a negative impact on American taxpayers. “In the last decade, the federal government […]
Treasury Secretary Bessent: ‘I’m not worried about inflation’ from tariffs
Treasury Secretary Scott Bescent is discussing the US economy, tariffs and inflation at the New York Economic Club. (ecny) Treasury Secretary Scott Becent on Thursday said it would push back concerns raised over tariffs that would cause inflationary pressures to raise consumer prices, leading to a one-time “price adjustment.” Bescent spoke at the Economics Club […]
Tex-Mex chain On the Border files for Chapter 11 bankruptcy protection
“Bar Rescue” host Jon Taffer has been heavily on a restaurant filing for bankruptcy, and his show is being renewed for the 10th season. At the border, Mexican Grill & Cantina filed for bankruptcy protection this week after struggling to compete in a macroeconomic environment. The Tex-Mex chain, owned by Argonne Capital Group, filed for […]
Daytona Beach Bike Week thrives despite some economic uncertainty
Please see what you are clicking on foxbusiness.com. Daytona Beach, Florida, is in the middle of a bustling Daytona Bike Week despite economic uncertainty. Bike Week, known as the “world's largest motorcycle event,” kicks off on February 28th and runs until Sunday. Daytona Beach and the wider Volsia County are expected to see a $100 […]
US announced job cuts surge 245% in February on federal government layoffs
The “The Big Money Show” panel doubles when Doge emails him, “What did he do last week?” Layoffs for US workers have surged to levels not recorded since the last two recessions amid fears of large-scale Trump administration jobs cuts in federal agencies, cancellation of contracts and widening trade wars. Global Outplacement Firm Challenger report […]
Trump, Trudeau tariff call heated, included profanity: report
“Big Money Show” is a co-host deliberating on President Trump's tariff strategy and what it means for the economy and American consumers. The call between President Donald Trump and Canadian Prime Minister Justin Trudeau has intensified and included blasphemy over the 25% tariff imposed by the Trump administration this week, the report said. Wall Street […]
Elon Musk polls X users on ending daylight saving time
Please see what you are clicking on foxbusiness.com. Billionaire Elon Musk voted for users of his social media platform X about how he wanted to approach Daylight Saving Time (DST). Masks wrote in a post on Wednesday, “If you want to save summer time” [sic] The time will be cancelled, you will be “an hour […]
Stellantis aiming for more US manufacturing, thanks Trump for tariff exemption
President Donald Trump has granted a month's tariff exemption to US automakers complying with the US-Mexico-Canada agreement, the White House said Wednesday. Big Three automaker Stellarantis thanked the Trump administration for giving the Trump administration a month's exemption from the 25% tariffs that came into effect this week, saying “we share the president's purpose in […]
Trump says new tariffs will bring furniture making back to the US
First Trust Advisors LP Chief Economist Brian Wesbury discusses whether Trump's tariffs will affect inflation in “Varney & Co.” Earlier this week, President Donald Trump promoted tariffs as a way to bring furniture manufacturing to North Carolina. The president said Monday that he had “goed” to Tarheel Province to “buy furniture for the hotel,” and […]
Tariffs could play a significant role in an already shaky housing market
Fox Business Kelly Saberi reports on how Canadian tariffs affect the supply and production of U.S. timber. president Donald Trump's Tariffs are causing rise in timber prices, warning home builders that will increase construction costs and lead to more expensive homes for US consumers. Wood prices reached their highest levels this week in two and […]