Tennessee Rep. Mark Green reacts to lawmakers pressing FDA chief Robert Califf over baby formula shortage on ‘The Evening Edit.’ The baby formula shortage continues to worsen as baby formula makers and the head of the U.S. Food and Drug Administration (FDA) continue to face bipartisan grilling on what led […]
FOX Business News
Tom Cruise’s ‘Top Gun: Maverick’ not far off from real deal
Liz Claman on movie theatres reopening “Top Gun: Maverick”, the long-awaited sequel to the 1986 Tom Cruise film, has taken off at the box office with $19.3 million in its Thursday preview and counting. The figure marks the biggest preview gross for Paramount Pictures and the highest preview for the […]
Dismissing recession probability is a ‘mistake,’ former White House economist warns
Former Trump Council of Economic Advisers Chairman Kevin Hassett argues consumers are as pessimistic as they were during the Great Recession. Reacting to the Federal Reserve’s preferred inflation gauge improving by 0.3% from March to April, former Trump Council of Economic Advisers Chairman Kevin Hassett signaled it’s a “mistake” to […]
Lee Greenwood reflects on lasting legacy of ‘God Bless the USA’ on Memorial Day weekend
Award-winning entertainer Lee Greenwood discusses the legacy of his song ‘God Bless the USA’ through the years. Award-winning entertainer Lee Greenwood joined “Varney & Co.” Friday after kicking off Fox News’ All-American Summer Concert series for Memorial Day weekend. The “God Bless the USA” singer told host Ashley Webster he […]
High gas prices won’t deter Memorial Day weekend travel, AAA exec says
AAA Senior Vice President of Travel Paula Twidale says Americans will continue to travel ahead of the Memorial Day weekend despite high gas prices but with ‘behavioral changes.’ Despite prices at the pump hitting a record high, an American Automobile Association executive argued Friday gas costs won’t deter travelers this […]
US consumers expect high inflation to persist this year, NY Fed survey shows
SlateStone Wealth chief market strategist Kenny Polcari and Mayflower Advisors managing partner Larry Glazer discusses the markets, inflation and the Federal Reserve. U.S. consumers expect inflation to remain elevated for the rest of the year, but think that price gains will be low and stable in the long-run as the […]
Defending Indy 500 champion reveals the secrets of a successful IndyCar team
Check out what’s clicking on FoxBusiness.com. EXCLUSIVE: Helio Castroneves will be going for his fifth Indy 500 win on Sunday, and the second in a row for the team that got him to four. The Brazilian claimed his record-tying fourth victory in the “Greatest Spectacle in Racing” last year with […]
How Costco is managing inflation
Lipow Oil Associates President Andy Lipow explains how private drillers in the U.S. are stepping up amid record prices. With inflation continuing to hover near a 40-year high, companies and consumers alike are struggling with the pain of rising prices. A Costco executive addressed the issue on Thursday, providing insight […]
US oil and gas industry the world’s ‘most important environmental movement,’ energy exec says
The American Petroleum Institute CEO says the U.S. needs to continue to produce oil and gas because the country is going to need the sources for decades to come. President and CEO of the American Petroleum Institute Mike Sommers praised the U.S. oil and gas industry as the world’s “most […]
UAE Minister of Economy: Davos ‘key point’ is building ‘more resilient’ world economy
United Arab Emirates Minister of Economy H.E. Abdullah bin Touq Al Marri says leaders at the World Economic Forum in Davos were focused on solutions to ‘take more hits,’ like with the pandemic, inflation and possible recession. From the World Economic Forum in Davos, Switzerland, United Arab Emirates Minister of […]