Below please find daily updates pertaining to the latest in financial, business, and tax news:
Fox Business News
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.'...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....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....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....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....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....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 billionsFri, 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....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....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...