Business news

• LARRY KUDLOW: Now’s the time for the GOP to message affordability

  04-08-2026 23:43 via foxbusiness.com
  
  Ace pollster John McLaughlin, using an accurate survey of 1,000 likely voters, shows when Republican candidates clearly support free-market capitalism versus Democratic policies of big government socialism, the GOP moves from a virtual tie in the generic Congressional ballot, to a commanding 49 percent to 36 percent lead. Independent and moderate voters show exactly the same move toward the GOP when the subject is capitalism versus socialism.There’s a lesson here. And it’s a pity tha
  
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• Paramount-Warner Bros Discovery antitrust trial date set; merger put on pause over legal battle

  04-08-2026 23:30 via foxbusiness.com
  
  A trial date for the antitrust lawsuit brought against Paramount over its $111 billion bid to take over Warner Bros. Discovery (WBD) has been set for next spring. A filing from the U.S. District Court in California's Northern District showed that the trial date has been scheduled for March 2, 2027, and is expected to run for 12 court days, wrapping by March 19. The court added an April 5, 2027, deadline for "the parties’ respective proposed findings of fact and conclusions of law
  
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• McDonald's says US sales slowed after value deal push fell short

  04-08-2026 23:20 via foxbusiness.com
  
  McDonald's sales growth came in slower than expected when the company released its second quarter earnings on Tuesday, with leaders pointing to execution lapses they say hampered its push to promote value deals aimed at lower-income consumers.CEO Chris Kempczinski said that weak promotion of value deals and a pullback in the use of digital deals, such as its buy-one-add-one promos, led to a drop in visits from loyal customers – noting that accounted for about two-thirds of the shortfall in
  
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• China narrows America’s AI lead as Huawei expands its global tech footprint, former US official warns

  04-08-2026 22:43 via foxbusiness.com
  
  The U.S. remains ahead of China in the global artificial intelligence (AI) race, but its lead is narrowing as Beijing expands the global reach of Huawei and other Chinese technology companies, former State Department official Keith Krach told FOX Business.The competition goes beyond which country develops the most powerful AI models. It also centers on energy, infrastructure, semiconductors, talent, exports and the technical standards other nations will rely on for years, according to Krach."Ame
  
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• Salmonella outbreak linked to jalapenos spreads to multiple states, dozens hospitalized

  04-08-2026 22:10 via foxbusiness.com
  
  Chipotle said Tuesday it removed jalapeños from some restaurants after health officials linked a multistate Salmonella outbreak to recalled jalapeño peppers.The Centers for Disease Control and Prevention Wednesday said 345 people in 27 states have been sickened, including 36 who were hospitalized. No deaths have been reported. Epidemiologic and traceback evidence identified jalapeño peppers grown in Sinaloa, Mexico, and distributed by Coast Citrus Distributors as the source
  
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• Starbucks announces Pumpkin Spice Latte return date

  04-08-2026 22:00 via foxbusiness.com
  
  Starbucks announced on Monday that its classic Pumpkin Spice Latte will be returning to store menus later this month.The popular drink will be joined by new beverages and food items and as limited-time merchandise collections.While the classic Pumpkin Spice Latte returns Aug. 25, Starbucks will add new pumpkin spice-flavored drinks, including the Iced Pumpkin Cream Shaken Espresso, Pumpkin Spice Chai and Iced Pumpkin Cream Matcha. The Pumpkin Cream Cold Brew, Iced Pumpkin Cream Chai and Pumpkin
  
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• New York's wealthy rush to avoid Mamdani's second-home tax

  04-08-2026 21:31 via foxbusiness.com
  
  Wealthy New Yorkers are seeking exemptions to Mayor Zohran Mamdani's second-home tax, with thousands filing applications to avoid the levy.New York City Hall confirmed to FOX Business that as of Monday, about 4,800 property owners have started the process of applying for an exemption to the pied-à-terre tax. Of that total, about 2,000 property owners have completed their exemption applications.The pied-à-terre tax is levied on single-family homes, apartments and condos that are use
  
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• What we know about ongoing Coldcard hack that's stolen over $100M worth of bitcoin

  04-08-2026 21:17 via cbc.ca
  
  A Toronto-based company that made Coldcard, a bitcoin-only hardware wallet that has been the latest target of a data breach,has reportedly lost $100 million US worth of bitcoin as a result of the hack.
  
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• High beef prices hitting consumers as meatpacking giant warns of supply struggles

  04-08-2026 21:07 via foxbusiness.com
  
  American consumers are continuing to face elevated beef prices amid an ongoing cattle shortage, which is also hitting the bottom line of major meatpacking companies.The U.S. cattle herd is at its lowest level in over 70 years due to drought reducing forage areas in key ranching regions, which forced ranchers to liquidate cattle. Ranchers are also facing higher operating costs for feed, labor, fuel and equipment, while some live cattle imports have also been constrained due to concerns over
  
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• Steve Hilton warns California economy will 'absolutely collapse' under 'insane' billionaire tax

  04-08-2026 20:35 via foxbusiness.com
  
  California Republican gubernatorial candidate Steve Hilton is warning that a proposed billionaire tax would further strain the state's economy, arguing that California is already losing businesses, investment and tax revenue as residents grapple with high costs.California gubernatorial candidate Steve Hilton joined FOX Business' Maria Bartiromo on "Mornings with Maria" to discuss the proposal, which opponents say could drive more wealthy residents and employers out of the state if enacted."It's
  
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• The colleges that give graduates the strongest career edge, according to LinkedIn

  04-08-2026 15:52 via foxbusiness.com
  
  A new report by LinkedIn ranked the top 50 colleges in the U.S. based on how they prepare students for long-term success in their careers, using a range of factors that leverage the career networking platform's data.The report uses LinkedIn data to rank colleges based on five categories: job placement, internships and recruiter demand, career success, network strength and knowledge breadth.The job placement data tracks cohorts of recent graduates from 2020 to 2025 who start a full-time position
  
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• 25 Democrat-led states sue Trump over new tariffs, calling them illegal end run around Supreme Court

  04-08-2026 13:21 via foxbusiness.com
  
  President Donald Trump's administration is facing 25 new lawsuits from Democrat-led states over his latest round of tariffs on Monday.New York Attorney General Letitia James is leading the joint lawsuit, arguing the tariffs handed down last month are a thinly-veiled attempt to circumvent the Supreme Court's ruling against Trump's earlier import tariffs."After losing at the Supreme Court, the administration is once again trying to illegally raise taxes on families and businesses with a new round
  
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• US soybean farmers race to meet global demand as farmland shrinks

  04-08-2026 06:47 via foxbusiness.com
  
  The U.S. soybean industry is working to meet growing global demand despite operating with less farmland and fewer farms.According to the Department of Agriculture, the U.S. had about 943 million acres of farmland in 2000. That figure has since fallen about 7% to 874 million acres. The USDA also reported that the country lost approximately 307,000 farms over the same period.Meanwhile, global demand for American agricultural products, particularly soybeans, has surged. Farmers are seeking new mark
  
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• Cash-strapped HOAs ramp up foreclosures against delinquent homeowners: report

  04-08-2026 04:02 via foxbusiness.com
  
  Homeowners associations (HOAs) across the nation are reportedly taking a tougher stance on unpaid dues, pursuing foreclosure against more homeowners as communities grapple with mounting financial pressures.Real estate experts say the aggressive collection efforts are being driven by rising operating costs, shrinking reserve funds and concerns that unpaid assessments could leave associations unable to cover essential expenses. According to real estate analytics firm ATTOM, HOA-related forecl
  
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