Economist uncovers the ‘crazy stuff’ that Americans could find out after the election
As ominous energy surrounds the state of the U.S. economy, one concerned economist is sounding the alarm...
What does Trump’s election mean for EVs, Tesla, and Elon Musk?
Image: Hugo Herrera / The Verge On the campaign trail, Donald Trump said a lot of things about electric vehicles. He said he would “end the electric vehicle mandate on day one,” that EVs “don’t work,” and that they benefit China and Mexico while hurting American...
How to watch Election Day coverage on FOX Business and Fox News Digital
Election Day 2024 is here and FOX Business Network, Fox News Channel and Fox News Digital are your home for up-to-the-second election news, race calls and breaking developments from swing states to reliably red precincts and blue bastions.Visit our FOX Business Go...
EXCLUSIVE NEWS
Trump’s White House win sends Dow up 1,000 points
U.S. stocks soared Wednesday as former President Trump defeated Vice President Kamala Harris in one of the most contentious elections in U.S. history. The Dow Jones Industrial Average jumped over 1,300 points midday Wednesday, continuing the climb seen in the...
Kevin O’Leary declares Trump ‘saved entrepreneurship’ and the ‘entire’ S&P model
Former President Trump deserves a lot of credit for keeping the entrepreneurial spirit alive and saving key aspects of the economy, "Shark Tank" star Kevin O'Leary told Fox News during Tuesday's election night coverage."He saved entrepreneurship. He saved the entire...
Tesla stock surges after Trump wins presidency
Shares of electric vehicle-maker Tesla surged on Wednesday as stocks rose broadly after President-elect Trump prevailed in the presidential election.Tesla's stock soared as much as 14% after the market opened, and was up more than 12.8% in late morning trading.Tesla...
LIVE UPDATE
We provide live business news directly from bloomberg.
ECONOMY
Cost pressures for SA miners ease in the third quarter
Lower oil prices, a rate cut and strengthening rand see mining input cost inflation ease in September Lower oil prices, a rate...
Fitch sceptical about medium-term budget forecasts
Ratings agency’s doubts on growth echoed by parliamentary budget office and Financial and Fiscal Commission Ratings agency’s...
SA and Britain to boost trade and defence co-operation
British foreign secretary says growth plan will drive economic development British foreign secretary says growth plan will...
Private-sector growth sustained for three consecutive months, PMI shows
Growth was primarily driven by the industry and wholesale and retail sectors, while construction and services lagged Growth was...
BUSINESS
Next president faces fiscal fight in 2025 over debt, deficits and taxes
Election Day has arrived, and American voters are set to determine whether former President Trump or Vice President Harris will...
How the outcome of the election could impact your wallet
It's Election Day, and voters remain concerned about how the outcome of the election will impact their finances. Issues such as...
Home Depot co-founder, GOP donor Bernie Marcus dead at 95
Bernie Marcus, the co-founder of Home Depot, has died at the age of 95. Marcus, who grew up in New Jersey, was the youngest son...
Dollar Tree CEO Rick Dreiling steps down, citing health concerns
Dollar Tree CEO Rick Dreiling abruptly stepped down from his position at the helm of the beleaguered retail chain, citing health...
Inflation in battleground state Pennsylvania remains higher than national average
Battleground state Pennsylvania will be closely watched on Election Day, and Keystone State consumers are continuing to grapple...
TOP STORIES
Market
Tesla stock surges after Trump wins presidency
Shares of electric vehicle-maker Tesla surged on Wednesday as stocks rose broadly after President-elect Trump prevailed in the...
CEO says Trump win brings newfound optimism to US real estate: ‘Momentum is about to change big time’
It’s a "new day" for American investors and real estate tycoons, as former President Trump has been elected to serve as the...
Jeff Bezos congratulates Trump on ‘extraordinary political comeback and decisive victory’
Billionaire Jeff Bezos congratulated President-elect Trump for "an extraordinary political comeback and decisive victory" on...
Stuart Varney: Trump’s resounding victory set off a huge Wall Street rally
During his "My Take," Wednesday, "Varney & Co." host Stuart Varney argued that President-elect Trump's return to the White...
FINANCE
Credit card companies now charging extra fees for paper statements
A new push to move credit card users to a digital statement will now come with a penalty for those who don’t want to...
Why some Americans will receive an extra Social Security check in November
Some Americans will receive two Social Security payments in November due to a quirk in the system that results in a second...
Inflation sees the lowest annual rise since 2021
The Consumer Price Index (CPI), the main measure of inflation, increased 0.2% in September, a similar increase consumers saw in...
Social Security cost-of-living adjustment will be 2.5% in 2025, less than prior year
The Social Security Administration on Thursday announced that the cost-of-living adjustment for 2025 will be 2.5%.Social...