The names on Treasury Secretary Scott Bessent's radar to lead the world’s most powerful central bank are coming into view. Bessent, who has been interviewing candidates since Labor Day, is down to five candidates, senior Treasury officials confirmed to FOX Business' Edward Lawrence.A source familiar with the process said that when the list is reduced to three or four finalists, that’s when President Donald Trump will become involved in the decision-making. A LOOK AT THE UNFOLDING BATTLE BETWEEN TRUMP AND PO ...

Core Viewpoint - UPS is facing challenges in clearing imported packages due to rapidly changing customs regulations, leading to potential disposal of parcels that cannot be cleared [1][11]. Group 1: Customs Challenges - The company has reported difficulties in navigating the customs process due to ongoing trade disputes and shifting import rules [1][11]. - New procedures have been implemented for handling parcels that are stranded at UPS hubs due to missing information or incomplete paperwork [2][11]. - Approximately 90% of packages that arrive on the first day of entry are cleared, but the recent changes have led to an increase in parcels unable to clear customs [5][8]. Group 2: Company Response - UPS has stated that if necessary information cannot be obtained, packages may either be returned to the original shipper at their expense or disposed of in compliance with U.S. customs regulations [3][11]. - The company is making multiple attempts to obtain the required information to clear delayed shipments and is committed to serving customers despite regulatory challenges [6][8]. - UPS continues to work on bridging the understanding gap related to new requirements and aims to expedite package delivery while complying with federal customs regulations [5][8].

Tesla has been placed under federal investigation over numerous reports alleging that its Full Self-Driving (FSD) software violated multiple traffic laws, leading to at least six crashes, four of which resulted in injuries.  In a report dated Oct. 7, the National Highway Traffic Safety Administration (NHTSA) cited at least 18 complaints involving Tesla vehicles using the self-driving feature that allegedly ran red lights or veered into opposing lanes.According to the agency’s Office of Defects Investigation ...

President Donald Trump on Friday said the U.S. is considering imposing a "massive" tariff hike on China in the latest move amid an ongoing trade dispute between the two countries. Trump wrote in a post on his Truth Social platform that China is telling other countries they want to impose export controls on rare earth minerals, which are critical components for advanced technologies ranging from semiconductors to smartphones."Some very strange things are happening in China! They are becoming very hostile, an ...

Group 1: Silver Market Dynamics - Silver prices surpassed $50 an ounce for the first time, reaching above $51 during trading before dipping below $49 [1] - The last time silver traded around these levels was January 1980, indicating significant historical price movement [1] - A supply shortage in the spot silver market has contributed to a 69% rise in silver prices this year [10] Group 2: Gold Market Trends - Spot gold prices fell 2% after crossing $4,000 for the first time, as investors booked profits following a ceasefire in the Israel-Hamas war [2][5] - The SPDR Gold ETF Trust has advanced nearly 50% this year, while smaller mining ETFs have seen gains over 740% [9] - Gold's rally has been driven by geopolitical tensions, central bank demand, rising ETF inflows, and economic uncertainty [8] Group 3: Market Sentiment and Future Outlook - Speculators are taking profits in gold and silver as geopolitical tensions ease, but the primary drivers for the rally, such as reserve diversification and growing global sovereign debt, remain valid [5] - Anticipation of further interest rate cuts by the Federal Reserve is influencing market dynamics, despite rising inflation concerns [15][16]

PepsiCo's Lay's has become the latest in a series of household names that are redesigning their brand with a more modern edge.  PepsiCo announced the "largest brand redesign in Lay’s nearly 100-year history" on Thursday on the heels of Domino's revealing plans for its own rebranding attempt. But Lay's isn't just updating the look of its products – it's also ensuring they are made with cleaner ingredients, aligning with the administration's health goals under its "Make America Healthy Again" initiative, as w ...

The largest grocery store chain in Florida is now allowing open carry of firearms in its hundreds of locations across the Sunshine State. Publix – which has 882 stores in Florida according to its website – began allowing the practice in recent weeks, according to local reports."As of Sept. 25, 2025, Florida law allows the open carry of firearms," a spokesperson for Publix told FOX Business, adding that the company "follows all federal, state and local laws." Open carry became permitted after a Florida appea ...

Group 1 - Hyundai Motor America is recalling over 135,000 vehicles due to a potential short circuit risk during a crash, specifically affecting certain model year 2024-2025 Santa Fe vehicles [1] - The National Highway Traffic Safety Administration (NHTSA) indicated that the B+ positive terminal cover on the starter motor may not be installed correctly, which could lead to electrical shorts and increase the risk of damage or fire [1][2] - Dealers will inspect and reinstall the starter motor terminal cover at no cost, with notifications to vehicle owners starting in December [6] Group 2 - The Santa Fe is one of Hyundai's best-selling SUVs in the U.S., and the all-new 2024 model was unveiled at the Los Angeles Auto Show in November 2023, featuring new styling and updated technology [3] - Hyundai and its affiliate Kia have faced multiple recalls in recent years, with over 3 million vehicles recalled in 2023 alone due to fire risks associated with brake system issues [8][11]

Core Viewpoint - JPMorgan Chase CEO Jamie Dimon warns of a potential significant stock market correction within the next few years due to heightened uncertainty in the economic landscape [1][2][9] Economic Uncertainty - Dimon emphasizes that the level of uncertainty in the economy should be higher than normal, citing various risk factors including geopolitical tensions, fiscal spending, and global remilitarization [1][2] - He expresses concern about the risk of conflict, particularly regarding the U.S. stockpiling advanced weaponry in light of potential conflicts with China [4][5] Investment in AI - Dimon acknowledges that while investments in artificial intelligence (AI) will ultimately pay off, a portion of the surge in AI investment may not yield positive results [7] - He compares AI investments to historical technological advancements, noting that not all participants in those markets succeeded [7] Broader Economic Concerns - Dimon has repeatedly warned about threats to the economy and stock market, highlighting the impact of tariffs, immigration policy changes, and geopolitical challenges [9][10] - He cautions that the effects of these factors may have long cycles, and their immediate economic impact is still uncertain [10]

GameStop and AMC were the early faces of the meme stock revolution as retail investors traded these shares in a viral frenzy even if there wasn’t factual news.  Ticker Security Last Change Change % GME GAMESTOP CORP. 24.41 +0.07 +0.31% AMC AMC ENTERTAINMENT HOLDINGS INC 2.85 0.00 0.00% Famously, investor Roaring Kitty, also known as Keith Gill and Deep-F…value, who had gone quiet for three years, returned to social media in June 2024 with a Reddit post that showed a ledger of GameStop holdings worth mill ...