Brazilian government approves country joining OPEC+
Eji Antoni, a research fellow and economist at the Heritage Foundation, places emphasis on President Donald Trump's creation of the National Energy Control Council and increasing oil and gas production in the United States The Brazilian government on Tuesday acknowledged that even joining the nation's organisation of the Oil Exporting Countries (OPEC+) has emphasized the […]
President Trump looks to bring manufacturing back to US with tariffs
Lauren Simonetti of Fox Business reports on how one American business owner is leveraging President Donald Trump's tariff plans. President Donald Trump aims to increase the competitiveness of America's manufacturing and tariffs. Last week, the country's 47th president used Section 232 of the Trade Expansion Act of 1962 to recover a 25% tariff on steel […]
Americans’ credit card and household debt reach new record highs
The Mornings With Maria panel provides a response to the December employment report, detailing its impact on the US economy. American household debt levels, including credit card debt, rose to a new high in the fourth quarter of 2024, according to a report by the Federal Reserve Bank of New York. The report showed that […]
American farmers turning to AI to aid uncertain future
Karen Ross, secretary to the California Department of Food and Agriculture, discusses the 2025 agricultural industry outlook. Tulair, California – The US agricultural industry is being used to overcome obstacles, but 2025 is becoming a particularly challenging year. Labor shortages, water restrictions and pending threats of tariffs lie at the forefront of all farmers' minds. […]
Southwest to cut 15% of corporate staff, including senior leadership positions
Jack Otter and the Panel discuss the popular downfall of Southwest Airlines and how to turn it around in “Baron's Round Table.” Southwest Airlines has cut 15% of the corporate workforce and rapidly reduced overhead costs to become a “lean” company. The airline said the layoffs are primarily targeting corporate overhead and leadership positions. Careers […]
Jim Jones, head of FDA’s food division, resigns after job cuts at the agency
Please see what you are clicking on foxbusiness.com. The Food and Drug Administration's director resigned on Monday, according to the report. Jim Jones cited the layoffs of 89 staff members in the food sector and criticised the weekend layoffs as “indiscriminatory.” Bloomberg News reported Monday night. “I was looking forward to pursuing the department's agenda […]
Amazon workers in North Carolina vote against unionizing
Please see what you are clicking on foxbusiness.com. Amazon workers in North Carolina voted against the union's proposal, a victory over the retail giants in the fight against organized labor at facilities. AN's approximately 4,300 employees Amazon Fulfillment The Garner Center, a suburb of Raleigh, was eligible to vote last week and decide whether to […]
Court blocks Biden admin’s airline fee transparency rule
Erin Witt, director of Consumer Protection for the American Consumer Federation, explains why federal courts have suspended airline junk rate transparency rules. The rules that would have required the country's biggest airline to disclose service charges, such as additional baggage fees and re-booking fees, were blocked by the federal court of appeals, threatened the possibility […]
Will tariffs reduce trade deficits? Experts weigh in
Kraman Countdown panelists Keith Fitzgerald and David Kudra unleash tariff pressure. president Donald Trump He spent his first few weeks in the office developing his trade agenda. Part of that strategy is Trump's belief that tariffs will help reduce the trade deficit. After the initial announcement of 25% tariffs in Mexico and Canada, Trump said […]
Wholesale inflation rises 3.5% in January
Ryan Payne, president of Payne Capital Management, will be taking part in the market and joining “Varney & Co.” In January, US producer prices rose steadily, providing more evidence, and inflation rates increased again, strengthening financial market views that the Federal Reserve will not cut interest rates by the second half of the year . […]