American Airlines is planning to drop flights to up to 30 smaller US cities if a federal requirement to continue those flights expires at the end of next month, an airline official familiar with the matter said Thursday. American agreed…
Read MoreWhite House official says permanent payroll tax cut not on the table, despite Trump comments
Sec. Steve Mnuchin: Democrats are holding up benefits to hardworking Americans Treasury Secretary Steven Mnuchin joins Chris Wallace on ‘Fox News Sunday.’ The White House on Thursday clarified President Trump's comments suggesting that he will permanently eliminate payroll taxes at the start of 2021 if…
Read More5 unexpected sources of retirement income
Fox Business Flash top headlines for August 12 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Most of us are looking forward to retirement, though it's also likely that we're at least a little worried…
Read MoreUS workers file under a million jobless claims for first time since March
Some 963,000 million Americans applied for unemployment benefits last week as initial jobless claims dipped below 1 million for the first time since mid-March, the feds said Thursday. But last week’s filings nonetheless drove the number of unemployment claims filed…
Read MoreAegon H1 Profit Down 67%, Withdraws Outlook; Cuts Interim Dividend
Dutch life insurer Aegon NV (AGN.L,AEG) reported Thursday that for the first half of 2020, its net income fell 67 percent to 202 million euros from 617 million euros a year ago, reflecting one-time charge from assumption changes in the…
Read MoreCarl Icahn has officially ditched NYC for Florida
Carl Icahn has officially moved left New York City for Sunny Isles Beach in Florida. The billionaire activist investor has entered into a lease for a 23,463-square-foot office in the new Milton Tower, becoming its first tenant. He now occupies…
Read MoreNo silver lining for first-time home buyers even if prices collapse
First-time buyers in Britain will struggle to get on the property ladder even if the coronavirus recession triggers a collapse in house prices, a leading thinktank has warned. Sounding the alarm after Britain’s economy plunged into the deepest recession since…
Read MoreAmerica Inc will shake off COVID-19 effects quicker than we think
Gold is the ultimate anti-dollar. It has rocketed by 30 per cent over the last four months largely because the dollar has been in the steepest dive for almost half a century. One is a function of the other. You…
Read MoreEmployees boost retirement savings accounts despite coronavirus recession
Coronavirus leads companies to offer early retirement packages Coronavirus is changing when and why workers are retiring. FOX Business’ Gerri Willis with more. A new report from Fidelity Investments shows that the coronavirus pandemic's toll on the economy did not…
Read MoreTrump 'seriously' considering a capital gains tax cut: What that means for you
President Trump touts stock gains following executive action on COVID relief, abruptly ends news conference President Trump escorted from news conference after shots were fired near the White House. President Trump opened the door this week to a capital gains…
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