Bessent says U.S. could sanction China over AI model ‘theft’

Scott Bessent, US treasury secretary, during the 2026 Reagan National Economic Forum at the Ronald Reagan Presidential Library in Simi Valley, California, US, on Friday, May 29, 2026. Caroline Brehman | Bloomberg | Getty Images U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration will look into whether Chinese artificial intelligence models have…

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Trump administration imposes 50% tariff on select Canadian imports

Check out what’s clicking on FoxBusiness.com. The Trump administration on Monday announced it will impose a 50% tariff on certain Canadian imports, citing what officials called trade “discrimination” against American businesses. The duties will take effect Aug. 19 under the Tariff Act of 1930 and target a range of Canadian goods, including certain food products, wearables,…

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‘Completely bogus’: Minnesota’s top 5 business ranking from CNBC questioned

Minnesota welcome sign/shutterstock (The Center Square) – Some are pushing back after new rankings from CNBC placed Minnesota among the top five states nationally as one of the “best states for business.” The America’s Top States for Business in 2026 rankings were released earlier this month and listed Ohio, North Carolina, Virginia, Texas and Minnesota as…

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Cooper Flagg Announces Major Business News With Kevin Hart

Dallas Mavericks star Cooper Flagg is taking his connection to the trading-card hobby beyond appearing on packs and inside collectors’ boxes. Flagg revealed during an upcoming interview with Kevin Hart that he and his cousin are starting a card shop back home. The Mavericks shared a preview of the conversation from Hart’s ice-bath interview series,…

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Trump’s new 50% tariffs on Canada risk igniting a fresh trade war

President Donald Trump on Monday announced sweeping tariffs against Canada, threatening to reignite a trade battle with one of America’s closest allies and top economic partners. The 50% tariffs on certain Canadian goods, including electrical equipment and machinery, are among the steepest tariffs his administration has levied against any country. Although the president has recently…

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