The Hanwha Philly shipyard delivers around 1 ship a year. A South Korean Hanwha shipyard delivers 1 a week.

With the U.S. military on high alert amid the Iran war, there’s a national security crisis closer to home: the state of the American shipbuilding industry.  The nation’s naval shipbuilding program is bloated and slow, and commercial shipbuilding is near non-existent. Hanwha, which owns one of the only U.S. shipyards still building large commercial cargo … Read more

Trump touted bigger tax refunds this year, but Americans will likely spend them on gas

WASHINGTON — The U.S. economy was supposed to start the year with a bang, fueled by an unusually large jump in tax refunds from President Donald Trump’s tax cut legislation. Yet spiking gas prices are on track to eat up those refunds, leaving most Americans with little extra to spend. “Next spring is projected to … Read more

For Duke students, the hardest exam they take all year is for basketball tickets

At Duke University, there’s one exam students spend weeks studying for — and still consistently fail. But this test has nothing to do with engineering or science. Instead, they must prove their knowledge of the subject that reigns supreme on campus: basketball. Follow along for live coverage of Friday’s games The questions start simple. List … Read more

White House unveils its first federal AI framework, pushes Congress to act ‘this year’

NEWYou can now listen to Fox News articles! EXCLUSIVE: The White House on Friday unveiled its first federal policy framework for artificial intelligence—a legislative outline to establish a “consistent” national standard for AI development across the nation that prevents censorship and protects free speech and children, Fox News Digital has learned. Fox News Digital exclusively … Read more

Iranian Americans mark Persian New Year with a mix of sadness and joy

LOS ANGELES — After thousands of Iranian demonstrators were killed in a January crackdown, Shima Razavi Gacek wanted to keep alive her family’s favorite springtime holiday traditions but didn’t feel like throwing her annual house party with a roaring bonfire ahead of Nowruz — the Persian New Year. Instead, the 46-year-old Los Angeles resident organized … Read more

NYC spends more per homeless person than a typical household earns in a year, data shows

NEWYou can now listen to Fox News articles! New York City has more than tripled spending on unsheltered homelessness since 2019, shelling out nearly $368 million even as the number of people living on the streets continued to rise, according to a state comptroller’s report. The city’s own numbers show the unsheltered population grew from … Read more

Federal Reserve could signal no interest rate cuts this year in wake of Iran war

WASHINGTON — A key question hangs over the Federal Reserve’s two-day meeting that ends Wednesday: Will central bank policymakers still reduce short-term interest rates this year, now that the Iran war has sent oil prices higher and gas prices spiking? Or will they have to stand pat for months to see how the conflict plays … Read more

Economic growth late last year was much weaker than previously thought

New government economic data shows that U.S. economic growth was significantly weaker in the final three months of 2025 than previously reported. The nation’s gross domestic product — the total value of goods and services produced in the U.S. — expanded at a meager 0.7% annual pace in the fourth quarter, the Commerce Department said Friday. That … Read more

February inflation rate at 0.3% month over month and 2.4% year over year

IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing February inflation rate at 0.3% month over month and 2.4% year over year 04:04 UP NEXT Drivers hit hard by surging gas prices 01:41 Markets slide as oil prices rise amid the Iran conflict 06:22 Gas prices skyrocket … Read more

ICE Houston touts over 400 illegal alien child sex offenders arrested during Trump’s first year back in office

NEWYou can now listen to Fox News articles! During the first year of President Donald Trump’s second term, U.S. Immigration and Customs Enforcement’s Enforcement and Removal Operations Houston arrested 414 illegal aliens charged or convicted for child sex offenses.  The figure amounts to nearly twice as much as the 211 arrested during the final year … Read more