Ford expecting mounting EV losses this year
Ford revealed in its latest earnings report that its Model e electric vehicle division is expected to see losses above $5 billion in 2025, similar to last year.
US economy added 143K jobs in January, unemployment rate ticks lower
The Labor Department on Friday released its jobs report for January, which showed that the U.S. economy added 143,000 jobs last month, which was below economists' expectations.
Trump to meet US Steel CEO as Nippon Steel chief touts deal as meeting Trump's goals
President Donald Trump is set to meet with the CEO of U.S. Steel at the White House as Nippon Steel touts the benefits of its proposed acquisition of the struggling steelmaker.
US economy grew 2.3% in the fourth quarter, slower than expected
The U.S. economy grew at a rate of 2.3% in the fourth quarter of 2024, according to a new estimate released by the Commerce Department's Bureau of Economic Analysis.
GE Vernova unveils massive energy investment in US
FOX Business' Ashley Webster reports on GE Vernova's $600 million investment in U.S. manufacturing and speaks with CEO Scott Strazik on how it will boost American energy and the economy.
Ohio-made footballs to take the field for Super Bowl LIX
FOX Business' Kelly Saberi reports from Wilson's plant in Ada, Ohio and gives an inside look into the football-making process.
Samsung weighs relocating dryer production to US in response to Trump tariffs
A major appliance maker is considering moving some of its operations from a Mexico facility to the U.S. after President Donald Trump considers 25% duties on imports.
Autonomous systems and weapons company Anduril announces plan to build massive manufacturing facility in Ohio
Defense company Anduril announced plans to build massive manufacturing facility in Columbus, Ohio.
Cleveland-Cliffs CEO blames US 'weakness' for keeping Nippon deal alive, putting wrench in rival bid plans
Cleveland-Cliffs CEO Lourenco Goncalves criticized the deadline extension keeping Nippon Steel's bid to acquire U.S. Steel alive months longer than originally intended.
US economy to lose nearly 6 million American jobs, $1.1T in GDP if Congress lets Trump tax cuts expire: study
The U.S. economy stands to lose nearly 6 million American jobs and $1.1 trillion in GDP if President-elect Donald Trump's 2017 tax cuts expire at the end of 2025.
US economy added 256K jobs in December, well above expectations
The Labor Department released its jobs report for December, which showed the U.S. economy added 256,000 jobs last month, well above economists' expectations.
US Steel, Nippon Steel sue Biden admin over blocked acquisition
Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion deal for the Japanese company to buy the American steelmaker.
Mike Pompeo defends US Steel, Nippon deal, urges Trump to do the same
President Biden's decision to block the acquisition of U.S. Steel by Nippon Steel citing national security concerns drew criticism from former Secretary of State Mike Pompeo.
President Biden to block sale of US Steel to Nippon Steel
President Biden announced that his administration will block the proposed $14.9 billion sale of U.S. Steel to Nippon Steel after conducting reviews of the proposed deal.
US economy added 227K jobs in November, above expectations
The Labor Department on Friday released the much-anticipated November jobs report, which showed the economy added 227,000 jobs while the unemployment rate ticked up.
Intel's Pat Gelsinger departing chipmaker with millions in severance
Former Intel CEO Pat Gelsinger is in line to receive millions of dollars in severance following his decision to step down from the struggling chipmaker, according to company filings.
Trump says he will block Nippon Steel takeover of US Steel: 'Buyer Beware'
President-elect Trump said he would use a series of tax incentives and tariffs to block Nippon Steel's planned purchase of American manufacturing firm U.S. Steel.
This is the 'time for us to make strategic partnerships,' attorney says
American companies are preparing for the impact of President-elect Trump's tariff's. A "Mornings with Maria" panel weighs in.
Manufacturing sector sheds 78K jobs in last three months
The October jobs report found the manufacturing sector lost 46,000 jobs amid strike activity at major manufacturers, extending a three-month slide that has seen the loss of 78,000 jobs.
US economy added 12K jobs in October, well below economists' expectations
The Labor Department on Friday released the closely watched October jobs report, which showed that hiring slowed down as the economy added 12,000 jobs.