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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Fox Business News

Larry Kudlow on Trump search warrant: I find these charges utterly not believable

Fri, Aug 12, 2022

FOX Business host Larry Kudlow gives his take on the FBI's raid on former President Donald Trump's Mar-a-Lago, Florida residence on Friday's 'Kudlow.'...

Climate warrior Dems silent on Manchin bill's oil and gas leasing provisions

Fri, Aug 12, 2022

House Democrats who have been vocal about their opposition to new fossil fuel leasing on federal lands were silent Friday when asked about the Inflation Reduction Act, which boosts oil leases....

US lawmakers request briefing on federal regulators' Tesla safety probes

Fri, Aug 12, 2022

Two U.S. lawmakers are requesting that the federal auto safety regulator release a briefing on the probes that investigated crashes involving Tesla vehicles on autopilot....

Big pharma sick as the US moves to negotiate drug prices

Fri, Aug 12, 2022

After a record-breaking year of lobbying, Big Pharma walks away empty-handed as the Senate passes a bill allowing the U.S. government to negotiate drug prices....

EV startup Fisker to ramp up production in 2023, exploring US manufacturing

Fri, Aug 12, 2022

Electric vehicle startup Fisker Inc. stated this Friday that they are looking to ramp up manufacturing in 2023, and are exploring U.S. manufacturing....

Republicans slam Dems' plans to increase taxes again in 2023: 'The left's Holy Grail is tax hikes'

Fri, Aug 12, 2022

Republican lawmakers slammed Democrats over their reported plan Friday to increase taxes on individuals and corporations if they keep majority control of Congress....

Six Flags CEO says parks turned into 'cheap day care for teenagers'

Fri, Aug 12, 2022

Six Flags CEO Selim Bassoul said the theme park operator has shifted its strategy after attracting "the discounter" and becoming a cheap day care center for teenagers. This includes price hikes....

Dutch authorities arrest suspected developer of Tornado Cash, platform supposedly used to launder billions

Fri, Aug 12, 2022

Cryptocurrency mixing platform Tornado Cash has been shut down and slammed with sanctions by the U.S. government after the platform was accused of being used for money laundering....

Homebuying competition falls to lowest level in 2 years

Fri, Aug 12, 2022

Competition for U.S. homes is easing as potential buyers get priced out of the market due to high mortgage rates coupled with inflation, according to a new Redfin report....

This is how many shoppers use credit cards for BNPL purchases: survey

Fri, Aug 12, 2022

Buy now, pay later users are struggling to make their payments. This is how many are using using a credit card to do so...