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Fox Business (officially known as Fox Business Network) is an American pay television business news channel that is owned by the Fox News Media division of Fox Corporation. The network discusses business and financial news.Source
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Trump pledges $50 million to help women entrepreneurs | Fox Business

Trump pledges $50 million to help women entrepreneurs | Fox Business

Close the sidebarAdvertisementPresident Donald Trump said Saturday the U.S. would contribute $50 million to a new World Bank fund conceived by his daughter that aims to help women entrepreneurs access capital and other support.Ivanka Trump joined World Bank Group President Jim Yong Kim on the sidelines of the Group of 20 world leaders' summit in Hamburg, Germany, to launch the Women Entrepreneurs Finance Initiative.Continue Reading BelowKim said the fund had raised more than $325 million so far for projects and programs to support women and women-led businesses by improving access to...

July 8, 2017
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Millennials continue to flee big cities for the suburbs

Millennials continue to flee big cities for the suburbs

As millennials begin to settle down, they’re fleeing big cities in droves, driving a huge resurgence to American suburbs in search of cheaper houses and good schools, according to Census Department figures. After years of stagnant growth in the wake of the financial crisis, suburban towns now account for 14 of the 15 fastest-growing U.S. cities with populations over 50,000, according to Census data published in May. Towns such as Buckeye City, Arizona; Apex, North Carolina; and Frisco, Texas are now grappling with an influx of millennials, ages 23 to 38, who have been priced out of more...

September 28, 2019
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Trump's tariffs could be a ‘catastrophic mistake': Economist Thomas Sowell

Trump's tariffs could be a ‘catastrophic mistake': Economist Thomas Sowell

Economist Thomas Sowell on Monday compared the tariffs implemented during the Great Depression to President Donald Trump’s aluminum and steel duties. “The Smoot Hawley tariffs of 1930 had a lot more to do with the Great Depression than the stock market,” Sowell told FOX Business’ Neil Cavuto on “Cavuto: Coast to Coast.” “Unemployment was nowhere near as low the first year after the stock market as it was in the first five months after those tariffs went in. During the Great Depression in the 1930s, we had trade surpluses, but it didn’t do us a bit of good.” Earlier this month, the...

March 20, 2018
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US-China trade war gets uglier: A timeline of what's happening

US-China trade war gets uglier: A timeline of what's happening

China on Monday threw its latest punch in the trade war Opens a New Window. by letting its currency weaken to a more than one decade low against the U.S. dollar. Beijing's actions drew the ire of President Trump and sent shock waves rippling across Wall Street. "China dropped the price of their currency to an almost a historic low," Trump tweeted on Monday. "It’s called “currency manipulation.” Are you listening Federal Reserve? This is a major violation which will greatly weaken China overtime!" China dropped the price of their currency to an almost a historic low. It’s called “currency...

August 5, 2019
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Top strategist throws a (yield) curve at bank stocks

Top strategist throws a (yield) curve at bank stocks

Odeon Capital Group financial strategist Richard Bove declaring bank stocks look “excellent” and an inverted yield won’t eat into their earnings. “History would argue that an inverted yield curve does not result in bank earnings going down,” he told FOX Business’ Liz Claman Wednesday on “The Claman Countdown.” Today, the Dow Jones industrial average Opens a New Window. suffered an 800 point loss after a section of the yield curve inverted. A yield curve inversion occurs when short-term bond yields rise above short-term bond yields. Today, the 10-Treasury yield fell below the 2-year...

August 15, 2019
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Uber, Lyft would owe California $413M in unemployment taxes if drivers were treated like employees, report says

Uber, Lyft would owe California $413M in unemployment taxes if drivers were treated like employees, report says

Thousands of unemployed gig workers in California became eligible at the end of April to file for unemployment benefits If Uber and Lyft treated their drivers as employees rather than contractors, the two companies would owe California $413 million in unemployment insurance contributions, according to a new report. Thousands of unemployed gig workers in California became eligible at the end of April to file for unemployment benefits. Applicants initially received the minimum benefit amount of $167 a week and the additional $600 a week benefit established by the massive $2.2 trillion CARES...

May 12, 2020
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Amazon jacked up Prime Day prices, misleading consumers, says vendor

Amazon jacked up Prime Day prices, misleading consumers, says vendor

A Charlotte-based startup says e-commerce king Amazon (NASDAQ:AMZN) jacked up their suggested retail price during the company’s annual discount event—Prime Day—to deceive consumers into thinking that they were getting a deal, when in reality, they weren’t.Jason Jacobs, founder of Remodeez, a small company that specializes in non-toxic foot deodorizers and other odor stoppers, says he had an agreement with Amazon since 2015 on a suggested retail price of $9.99 for his products and was shocked after the tech giant almost doubled that on Prime Day to make it look like people were getting a...

August 2, 2017
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Trump praises JPMorgan for telling trading staff to return to the office

Trump praises JPMorgan for telling trading staff to return to the office

Bloomberg News is reporting half of JPMorgan Chase traders will return to New York offices in July. on Friday lauded the nation's biggest bank for calling its top trading staff back to the office after months of remote work.Continue Reading Below"Congratulations to JPMorgan Chase for ordering everyone BACK TO OFFICE on September 21st," Trump tweeted. "Will always be better than working from home!"JPMorgan told senior employees of the sales and trading operation in London and New York that they and their teams must return to the office by Sept. 21, a person familiar with the matter told FOX...

September 11, 2020
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Goodyear clarifies policy on MAGA, pro-police gear after Trump boycott call

Goodyear clarifies policy on MAGA, pro-police gear after Trump boycott call

Deke Digital Chairman Dave Maney argues President Trump shouldn’t engage with the cancel culture by calling for a boycott of Goodyear. clarified its policy on acceptable workplace attire on Thursday, one day after reports that one of its facilities in Topeka, Kansas had banned “Make America Great Again” and “Blue Lives Matter” apparel which prompted to call for a boycott of the Ohio-based company.Continue Reading BelowGoodyear Chairman and CEO Rich Kramer said the slide from a presentation at the Topeka plant “was not approved or distributed by Goodyear Corporate or anyone outside of that...

August 20, 2020
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Fiat Chrysler and PSA Group rename merged automaker ‘Stellantis’

Fiat Chrysler and PSA Group rename merged automaker ‘Stellantis’

Fox Business Flash top headlines are here. Check out what's clicking on FoxBusiness.com.Stellantis will be the new name of Italian automaker Fiat Chrysler and French PSA Group's combined company following completion of a 50-50 merger agreement.Continue Reading BelowStellantis is rooted in the Latin verb “stello” meaning “to brighten with stars.”"It draws inspiration from this new and ambitious alignment of storied automotive brands and strong company cultures that in coming together are creating one of the new leaders in the next era of mobility while at the same time preserving all the...

July 15, 2020
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