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Top Trump economic aide: 'No, we're not headed for a recession'

President Trump's top economic aide on Friday said the country is not heading towards a recession and defended the commander with chief tariffs on the US's biggest trading partner. “No, we're not heading towards a recession, but as you know, don't forget that the tariffs placed alongside Canada and Mexico are fighting the war on […]

Bessent Lays Out Trump’s America First Economic Vision

Scott Bescent explains the three pillars of Trumpnomics Treasury Secretary Scott Bescent spoke today in front of a New York Economic Club Laid out The Intellectual Foundation of Trump's Economic Visionexplains a comprehensive strategy designed to restore America's prosperity and restore economic sovereignty. At the heart of this strategy Three basic priorities: Reorient global trade […]

Trump faces new economic uncertainties amid trade battles

President Trump faces growing concern among business leaders, prior to his new administration's first employment report. Many economic forecasts show that the US has seen a slight increase in unemployment rate last month, adding around 150,000 jobs. But Trump's new tariffs, massive firing of federal workers, increased inflation and slowing economic growth will overturn the […]

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 […]

China Announces Military Spending Hike, More Economic Stimulus

Chinese Prime Minister Li Qiang on Wednesday announced a 7.5% increase in military spending in 2025 as tensions between the US and Taiwan are rising. Li also announced more economically stimulating spending on Wednesday to address “unseen the century” that is “developing at a faster pace worldwide” than ever before. The increase in military budgets […]

Billionaire hedge fund manager warns of ‘economic heart attack’ for US economy

The “The Big Money Show” panel discusses the impact of Trump's agenda on American taxpayers. Bridgewater Associates founder Ray Dalio said in a recent podcast that the US could be headed for a future “economic heart attack.” No government action. He told Bloomberg's “Strange Lot” podcast that he wanted to let policymakers know that “there […]

Treasury Secretary Bessent: US-Ukrainian economic deal is dead in the water

President Volodymyr Zelenskyy traveled to Washington, D.C. on Friday to confirm the deal that would allow the US access to some of America's natural wealth in exchange for investment in the Reconstruction Fund, and the US economic presence that could be a deterrent to future attacks. Following the intense exchange between President Donald Trump and […]

Europe’s chief diplomat says Russia can be defeated via economic pressure

European Union diplomat Kaha Karas rejected President Donald Trump's claim that the European Union “screw” the United States on Sunday. Crows made a comment while talking to CBS News “Face the Nation,” essentially claiming that the EU would maintain peace. “Europe is a peace project. You know, it was created to avoid war among the […]