Biden remembers 500,000 American lives lost to COVID-19

Dr. Fauci: US will have 600M coronavirus vaccine doses by July 2021 White House chief medical adviser Dr. Anthony Fauci tells ‘Fox News Sunday’ Americans need to continue to ‘keep guard up’ and not be ‘complacent’ during the coronavirus pandemic. President Biden on Monday night paid tribute to the staggering number of Americans who have […]

Dow, S&P 500 rebound to all-time highs after Biden demands trillions of dollars in aid

Drew Angerer/Getty Images US stocks closed at record highs on Friday after President-elect Joe Biden demanded trillions of dollars in immediate further fiscal support following the weaker-than-expected jobs report.  American businesses shed 140,000 nonfarm payrolls last month, missing consensus economist estimates that foresaw 50,000 job additions. Watch major indexes update live here. US stocks closed […]

3-door electric Fiat 500 is forbidden fruit for US buyers

Fiat’s Electric California Cruiser Fox Car Report drives the battery-powered 2013 Fiat 500e It’s an eeny, weeny electric car that’s easier to get into. (Fiat) Fiat is launching a version of its all-new 500 Electric micro-compact with three passenger doors. (Fiat) Well, it’s more like 2.5 passenger doors. The passenger side features a small, rear-opening […]

Ford Recalls 20,500 Plug-In Hybrids in EU, Delays US Launch Until 2021

Ford Motor Co. (NYSE: F) has been selling its Kuga plug-in hybrid electric vehicle (PHEV) in Europe since last year. In August, the company recalled all 20,500 sold in the 12 European Union countries and the United Kingdom due to the potential for the vehicles’ battery to overheat, increasing the risk of a fire. The […]

Etsy gets into S&P 500, Tesla does not

Fox Business Flash top headlines for September 4 Fox Business Flash top headlines are here. Check out what’s clicking on Shares of Tesla tumbled 7% in extended trade on Friday after the electric car maker was excluded from a group of companies being added to the S&P 500, among them Etsy, whose stock market […]

S&P 500 hits all-time high despite COVID-19 devastation

The S&P 500 hit a fresh all-time high Tuesday as the US stock market continued its dizzying rally in spite of the coronavirus pandemic and the economic crisis it has caused. The benchmark index climbed about 0.3 percent to a peak of 3,394.02 in early trading, surpassing the previous intraday record of 3,393.52 reached on Feb. […]

AutoNation cuts 3,500 workers for good

Labor secretary on coronavirus recovery: US has opportunity to return ‘millions’ of jobs in next few weeks Labor Secretary Eugene Scalia on jobless claims numbers, extending the Payroll Protection Program and reopening the US amid coronavirus. AutoNation, the country’s largest auto dealer, is eliminating 3,500 workers, about 50 percent of them furloughed due to the coronavirus. […]

Halliburton to furlough 3,500 workers as shale producers cut spending

Former Shell Oil president: Oil glut can snap back with coronavirus’ end Former Shell Oil President John Hofmeister discusses his outlook for the oil market amid coronavirus fears and the Russia, Saudi price war. Top U.S. oilfield services provider Halliburton said on Tuesday it will furlough about 3,500 employees in Houston for 60 days as shale producers […]

Denny Hamlin wins Daytona 500, joining an elite group with his 3rd victory

DAYTONA BEACH, Fla. — New year, another Denny Hamlin win in the Daytona 500. And Joe Gibbs still has the team to beat in NASCAR. Hamlin won his third Daytona 500 on Monday, becoming the first driver since Sterling Marlin in 1995 to win “The Great American Race” in consecutive seasons. His win last year […]