Business

President Donald Trump on Wednesday announced Trump Accounts, an investment program for children born in the U.S. between Jan. 1, 2025, and Dec. 31, 2028. Steak ’n Shake announced Wednesday that it will contribute $1,000 to "Trump Accounts" for the children of its employees. The Indianapolis-based fast-food chain is the latest company to support the Trump administration’s new investment initiative for newborns. In a post on X, Steak ’n Shake described the program as a way to ensure "the next generation of Americans participate from birth in our free-market, wealth-building economy.""Steak 'n Shake pledges to support our employees' children with a $1,000 match to [Trump Accounts] for every child born between 2025 and 2028," the company wrote. "Steak 'n Shake has benefited from our c...

The freedom of driving comes at a steep price for young people across Britain, but financial expert Martin Lewis has offered valuable advice on reducing costs. Car insurance remains one of the most significant financial obstacles for teenagers and those in their twenties taking to the roads. Recent figures show that drivers aged 17 to 24 typically face annual premiums of approximately £1,098, considerably more than their older, more experienced counterparts.Regional variations can push costs even higher, with certain areas seeing averages far exceeding the national figure. Young drivers in London, for instance, frequently receive quotes surpassing £3,000 per year. Insurance companies impose higher charges on younger motorists because statistics demonstrate they face a substantially grea...

Candle Media co-CEO Kevin Mayer breaks down the trade-offs of Netflix and Paramount's competing bids for Warner Bros. Discovery on 'The Claman Countdown.' Some Disney World and Universal Orlando parks are experiencing temporary closures this week as unusually cold temperatures sweep across Florida. Temperatures in Central Florida plunged into the 20s and 30s early Wednesday, with afternoon highs struggling to reach the upper 50s to low 60s — well below the seasonal average of 72 degrees, FOX 35 Orlando reported.The cold snap is expected to intensify heading into the weekend, and major cities — including Miami — could see their lowest temperatures in 16 years on Sunday, according to FOX Weather. DISNEY CEO DEFENDS MASSIVE AI DEAL, SAYS CREATORS WON'T BE THREATENED A water slide...

UK water bills to rise by average £33 a year from April 2026 (Image: Getty)Water bills in England and Wales will rise by an average of 5.4% in April, the industry has confirmed. The increase, which equates to around £33 per year, or an extra £2.70 per month, will help fund significant upgrades to water infrastructure, Water UK has said. It follows last year’s record rise in charges and will take the national average water bill to £639 per year. David Henderson, chief executive at Water UK, said: “We understand increasing bills are never welcome, but the money is needed to fund vital upgrades.” The increase is 2% higher than inflation but comes as companies prepare to invest £20 billion over 2026-27 to secure water supplies and end sewage entering rivers and seas, Water UK said. READ MOR...

L’ex-base aéronautique navale de Toussus-le-Noble (Yvelines) que l’Etat cherche à céder, en juin 2018. THOMAS SAMSON/AFP Même salle, toute autre ambiance. Après des centaines d’heures de stupeur, de cris et de tremblements autour du budget, l’Hémicycle de l’Assemblée nationale paraissait étonnamment calme et presque vide, mercredi 28 janvier, pour l’examen d’une proposition de loi transpartisane sur l’immobilier de l’Etat. Après une motion de rejet repoussée très vite à main levée, des amendements discutés posément, le texte a été adopté en quelques heures à une majorité imposante : 77 voix pour, 22 contre. Présentée par l’ancien ministre macroniste Thomas Cazenave, la proposition de loi était cosignée par quelque 150 députés i...

‘The Big Money Show’ panel reacts to new data showing Gen Z hiring has collapsed while older workers stay in the workforce longer. Home Depot announced Wednesday it was eliminating 800 jobs tied to its Atlanta store support center. The company also said it would require its corporate employees to return to the office full-time, five days a week."We’re simplifying our corporate operations to better support our stores and our customers," Home Depot said in a statement to FOX Business. "These changes include a reduction in roles associated with our store support center and a transition to a five-day in-office schedule for our corporate staff." The company said its goal is to "drive greater agility and position the company to move faster and stay even more closely connected with our fr...

If you're out of contract with BT or EE — which is likely if you signed up two years ago — your monthly bill looks set to go up as much as £4 a month from March 1. This adds up to a sizeable £48 annually, so it's worth checking your account now before it's too late. It affects BT and EE broadband, landline, mobile and TV customers who haven't switched or upgraded since April 10, 2024. Your exact increase will depend on the type of service you have. According to Money Making Expert, founded by money guru Martin Lewis, the good news is if you're out of contract, you're free to leave at any time without a penalty. It also means you can haggle for a better deal or switch providers to avoid paying more.However, if you're mid-contract, separate price rises kick in from March 31, and as these ...

Check out what's clicking on FoxBusiness.com. New Yorkers relying on the convenience of grocery delivery were blindsided this week when Instacart suddenly slapped a new fee on orders, a move the company tied to a sweeping city law that went into effect Monday. Customers will now pay an additional $5.99 fee at checkout labeled a "Regulatory Response Fee."According to the city’s website, app-based couriers delivering groceries through third-party platforms, such as Instacart, are now entitled to earn at least $21.44 per hour, the same rate that has applied to restaurant delivery workers, including Uber Eats and DoorDash, since April 2025.  The worker protection measure will further raise the minimum rate to $22.13 per hour by April due to inflation. Previously, there was no legal min...

Martin Lewis said hitting the 'sweet spot' can save you a lot of money (Image: Getty)Martin Lewis reveals motorists could slash hundreds from their bills by adhering to his 26-day principle. The financial expert discussed motor insurance during his latest Martin Lewis Money Show Live broadcast on ITV.When addressing optimal timing for car and home insurance renewals, Mr Lewis emphasised that scheduling proves crucial. Numerous individuals assume it makes little difference when they request renewal quotations.Most insurers send out renewal estimates approximately one month prior to policy expiration. However, Mr Lewis identified a particular 'sweet spot' for securing renewal quotes that should statistically deliver the most competitive rates.He declared: "This is one of the most importan...

Constellation Research founder R 'Ray' Wang joins 'Varney & Co.' to discuss the new U.S.-controlled TikTok entity and why he believes Elon Musk's humanoid robots and robo-taxis will fuel Tesla growth. Elon Musk confirmed Wednesday that Tesla will stop producing its Model S and Model X premium sedans and SUVs, marking the end of an era for its longest-running models, according to reports. The move came as the company pivots toward autonomous technology and robotics and its earnings report showed revenue last quarter fell 3% to $24.9 billion.Speaking on Tesla’s fourth-quarter 2025 earnings call Wednesday, Musk said production of the Model S and Model X will wind down next quarter. Manufacturing is expected to stop in 2026 while factory space at Tesla’s Fremont, California, factor...