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FIRST ON FOX: President Donald Trump will recognize CEOs and business leaders who donate their time to faith-based charitable works and encourage them to continue investing with the White House Faith Office during a luncheon at the White House on Monday.
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FOX Business’ Edward Lawrence sits down with Cleveland Federal Reserve President Beth Hammack to discuss the U.S. economy, rate cuts, the impact of trade deals, and more.
A member of the Federal Reserve Board of Governors on Monday said that the U.S.
The U.S. surplus amounted to a little more than $27 billion, a stark contrast to the $316 billion deficit in May. This development brought the fiscal year-to-date deficit to $1.34 trillion, marking a 5% increase from the previous year. However, with calendar adjustments, the deficit slightly decreased by 1%.
» Read more about: Federal government posts June surplus, helped by rising tariff collections »
Retail stocks bore the brunt of selling last week as tariff costs cascade through supply chains. Nike exemplified the sector’s challenges, reporting a $1 billion tariff hit while announcing upcoming price increases.
Across distribution networks, companies are systematically raising prices 8-15% according to ITS Logistics,
» Read more about: Trump’s Tariffs Slam Retail as Russia Sanctions Send Energy Prices Higher »
NEAR rallied by 6.7% in the past 24 hours as altcoins begin to heat up following bitcoin’s fresh record high at $123,000.
As investors anticipate a potential “altcoin season” several tokens like NEAR are reaping the rewards. NEAR jumped from $2.55 to $2.66 in the past 24 hours, representing a 7% range.
» Read more about: NEAR Surges 7% in Strong Bullish Recovery Rally »
Woodside Energy Group Ltd. (NYSE:WDS) is one of the best low priced energy stocks to buy now. On June 25, Woodside Energy completed the sale of a 40% stake in its Louisiana LNG project to Stonepeak Partners. The project whch is located in Calcasieu Parish and is currently under construction.
» Read more about: Woodside Energy Finalizes $5.7B Sale of Louisiana LNG Stake to Stonepeak »
Tesla has expanded the service area of its Robotaxi service in Austin, and it did so to draw a penis-shaped service map, seemingly for no other reason than to satisfy the juvenile humor of its CEO, but what it really achieved is to illustrate how unserious Tesla’s Robotaxi business is compared to other efforts.
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!
AI is eating the world—and the machines behind it are ravenous.
Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy.
Stocks were mixed in early trading on Monday after President Donald Trump over the weekend issued 30% tariffs on the European Union and Mexico, rekindling tensions with two of the largest U.S. trade partners and threatening to raise consumer prices.
The Dow Jones Industrial Average dropped 115 points, or 0.26%,
» Read more about: Stocks mixed after Trump issues tariffs on EU, Mexico »
