Business

Check out what’s clicking on FoxBusiness.com. The Trump administration’s budget office told FOX Business Wednesday that it is canceling $1.5 billion in blue-state grants, citing concerns about how funds are being managed in California, Colorado, Illinois and Minnesota. The Office of Management and Budget (OMB) said it will target projects …

The Timms Review of PIP eligibility is expected to submit its report to DWP by Autumn this year. (Image: undefined) Disabled people will have their perspectives placed at the heart of the inaugural comprehensive examination of Personal Independence Payment (PIP) following the selection of 12 members to its steering committee. …

Ohio GOP gubernatorial candidate Vivek Ramaswamy discusses his economic vision for the state, calling for deregulation and expanded housing on ‘Kudlow.’ Homebuilders are reportedly developing a plan to address prospective buyers’ concerns about affordability with what they’re calling “Trump homes” that would cater to first-time homebuyers. Bloomberg, citing sources familiar …

Money saving expert Martin Lewis has urged savers to think carefully before relying on Premium Bonds for tax-free growth, suggesting that traditional savings accounts could offer better returns. Lewis addressed the issue on his BBC podcast after a listener asked for advice on tax-efficient ways to save for her two …

FOX Business’ Lauren Simonetti joins ‘Mornings with Maria’ to report on how artificial intelligence is transforming the retail shopping experience. Eddie Bauer stores could be next on the chopping block.  Catalyst Brands, which owns the license to operate Eddie Bauer stores across North America, is preparing to file for bankruptcy …

Ed Rensi on Yum! Brands Habit Burger acquisition and McDonald’s culture change McDonald’s is launching a limited-edition giveaway ahead of Valentine’s Day that pairs one of its most recognizable menu items with a traditionally high-end product: caviar. The fast-food chain announced Monday in a release that it will offer McNugget …

Production at a major UK chemical works site has ceased after its owner admitted to losing £1 million a week. The Mossmorran plant, which processed gas from the North Sea to meet industry and domestic power needs, was officially shut down after 40 years in operation on February 2, according …

Professional Capital Management CEO Anthony Pompliano explains why he is ‘betting’ on Elon Musk after the SpaceX founder merges SpaceX with his A.I. start-up and more on ‘The Claman Countdown.’ French police raided X offices in Paris on Tuesday as part of an investigation into the company’s use of algorithms …

Households across England will not have to make a council tax payment in February on one condition. Council tax, which for an average Band D property costs an eyewatering £228 per month, will not be collected in February for most people. But this is reliant on one condition: that you …

Global advisor to CEOs and corporate boards Ram Charan joins ‘Mornings with Maria’ to discuss the growth of AI in American businesses and the impact of technology on jobs. Siemens Energy said Tuesday it will invest $1 billion to expand power grid and gas turbine manufacturing in the United States …