Economy

During an interview that aired on Friday’s broadcast of FBN’s “The Claman Countdown,” Amgen CEO Robert Bradway unveiled his company’s decision to invest $1 billion in its Columbus, OH, facility.

Consumer sentiment remains deeply depressed; and the division between Democrats and Republicans has reached historic, almost unimaginable levels.

Apple plans to move the assembly of all iPhones sold in the US from China to India by the end of 2026, according to people familiar with the matter who spoke with the Financial Times.

A Chinese-owned factory in Ohio illegally imported workers from China, said the U.S. Attorney’s Office for the Southern District of Ohio.

President Donald Trump told Time magazine in an interview published Friday that genocidal Chinese dictator Xi Jinping called him to discuss trade negotiations — a day after the Chinese Foreign Ministry claimed any reports of such negotiations were “fake news.”

During an interview with WVON on Thursday, Chicago Mayor Brandon Johnson said “the fluctuations of the market and Trump’s tariffs” have resulted in massive losses to the city “just because of the uncertainty and the chaos.” And also stated that

The Swiss president says Switzerland is among 15 countries with which the United States plans to conduct “privileged” negotiations.

El Salvadorans are pulling themselves out of poverty and gang wars, but Democrats want left-wing Americans to kick them in the teeth by boycotting their tourist destinations.

New orders for durable goods rose 9.2 percent to a seasonally adjusted $315.7 billion, after a 0.9 percent increase in February. Economists had forecast a more modest 1.4 percent rise.

As the remedy phase of the Google search monopoly case continues, a witness from AI startup Perplexity testified that the search giant’s exclusivity contracts prevented smartphone maker Motorola from setting Perplexity AI as the default assistant on its new devices. The AI executive says Google’s exclusive agreements are like a “gun to your head” from the perspective of device makers.

A group of former OpenAI employees is calling on the attorneys general of California and Delaware to prevent the company from transitioning from a nonprofit to a for-profit company, citing concerns over the control and accountability of its powerful AI technology.

Hundreds of Indian and Chinese college-graduate migrants in the United States have been fired from white-collar jobs in California, Washington, DC, and elsewhere,

President Donald Trump said that the entire world wants to be a part of trade negotiations with the United States when asked about discussions with China on Wednesday.

Treasury Secretary Scott Bessent stood before the Institute of International Finance this morning and delivered a speech that ought to be remembered as a turning point in U.S. economic diplomacy.

Instagram co-founder Kevin Systrom testified as part of the FTC’s antitrust case against Meta, saying Mark Zuckerberg saw Instagram as a threat to Facebook and therefore starved his photo-sharing app of resources after acquiring it more than a decade ago.

As the remedy phase of Google’s search monopoly antitrust trial unfolds, AI giant OpenAI has emerged as a potential buyer for Google’s Chrome browser, with plans to transform it into an AI-centric experience.

The economic data keeps coming in much stronger than expected.

Treasury Secretary Scott Bessent on Wednesday called for sweeping reforms at the International Monetary Fund and World Bank, urging the institutions to abandon what he described as “mission creep” and return to their founding charters focused on macroeconomic stability, trade,

Two climate extremists wound up in handcuffs Tuesday after they allegedly vandalized a Manhattan Tesla dealership as part of Extinction Rebellion NYC’s Earth Day protest against CEO Elon Musk.

Elon Musk’s Tesla suffered a massive 71 percent drop in profits for the first quarter, but the company’s shares reacted positively on Wednesday morning after Musk pledged to decrease his time spent working with the federal government on DOGE, but not halt his involvement entirely. Musk also continued his criticism of Donald Trump’s tariffs on China during his earnings call with analysts.

Trade deals should be the priority in President Donald Trump’s next 100 days in office, Rep. Michael Cloud (R-TX) said during an appearance on Breitbart News Daily.

A major finance newspaper in South Korea reported on Tuesday that, according to anonymous industry insiders, the Chinese Ministry of Commerce sent a letter to Korean companies threatening them against exporting goods using Chinese rare-earth minerals to the U.S. military.

Learning Resources, Inc., a manufacturer of educational toys based in Illinois, sued President Donald Trump and multiple Cabinet officials in D.C. on Tuesday over his tariffs, calling them an “executive branch power grab.”

Vice President JD Vance said from India’s northwestern city of Jaipur on Tuesday that India and the U.S. can build a “prosperous and peaceful” future for the world — but if they fail to work together, “the 21st Century could be a very dark time for all of humanity.”

Removing Jerome Powell as Fed chair might not give Trump the interest rate cuts he wants.

Treasury Secretary Scott Bessent on Tuesday announced that the Department sanctioned Seyed Asadoollah Emamjomeh and his corporate network, stating that he and his network sought to evade American sanctions.

President Donald Trump has no plans to fire Federal Reserve Chairman Jerome Powell, whom he called a “major loser” in a Truth Social post on Monday.

The Trump administration has received official trade offers from 18 countries, and its trade negotiation team has meetings scheduled with 34 countries this week, the White House announced Tuesday.

Tuesday, during an appearance on CNBC’s “Squawk Box,” Chevron CEO Mike Wirth downplayed the possibility of a recession.

Walgreens has agreed to pay up to $350 million in a settlement with the DOJ, which accused the pharmacy giant of knowingly filling millions of invalid prescriptions for opioids and other controlled substances, and submitting false claims to the federal government.

The remedies trial to address Google’s search monopoly verdict began Monday in Washington, D.C., with the company arguing that a breakup proposed by the DOJ would put the United States at a disadvantage in the global race for technological supremacy, particularly against China.