foxbusiness.com / .foxbusiness-com-markets / Page 5

Treasury Secretary Scott Bessent reveals the Supreme Court tariff ruling and Fed chair selection are both expected in January, with Kevin Hassett and Kevin Warsh as top candidates.

President Donald Trump said he is considering an executive order to reclassify marijuana as Schedule III drug, citing research benefits and public demand for policy reform.

The Labor Department released the highly anticipated November jobs report which showed the U.S. economy added jobs despite uncertainty over inflation.

iRobot filed for bankruptcy and will be bought by Chinese manufacturer after Amazon's $1.4 billion acquisition was blocked by the FTC on antitrust grounds last year.

Federal Reserve Chair Jerome Powell discusses labor market outlook after the third interest rate cut this year, citing unemployment rise to 4.4% and slowing job growth.

General Motors is investing $242 million in a skilled trades apprenticeship program, training 600 new journeypersons yearly through hands-on experience.

Energy Secretary Chris Wright said that President Donald Trump's pro-energy policies will stop rising electricity prices and eventually reduce costs during the president's term.

Kevin Warsh's odds to become chair of the Federal Reserve surged 27 points to 42% on the Kalshi prediction market as President Trump narrows his choice between two leading candidates.

The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House and Congress.

President Donald Trump said that former Fed governor Kevin Warsh and NEC Director Kevin Hassett are his top picks for Fed chair in a Wall Street Journal interview.