FIRST ON FOX: A new policy report warns that the AI data center boom could drive up the cost of laptops, smartphones, cars and other everyday products as chipmakers shift scarce memory-chip capacity toward more profitable AI applications. The report, published by the Abundance Institute and first viewed by Fox…
An Atlanta woman who participated in a scheme that defrauded Amazon out of nearly $10 million was sentenced to over 16 years in federal prison on Wednesday, the Justice Department announced. The U.S. Attorney’s Office for the Northern District of Georgia said in a release that Brittany Hudson was sentenced…
Federal Reserve Chair Kevin Warsh is set to deliver the first keynote speech of his chairmanship at the annual Jackson Hole Economic Policy Symposium on Friday amid uncertainty over stubborn inflation. Policymakers from the Fed and various central banks around the world will gather in Jackson Hole, Wyoming, to discuss…
WILLIAMSPORT, Tenn. – American ranchers are facing the smallest cattle herd in 75 years as the Trump administration rolls out a plan to lower beef prices and rebuild the herd. President Donald Trump on Friday revealed his plan to waive higher tariffs on beef imports for 90 days. The plan…
Trending
Spotlight This Week
More ArticlesMoney
Google is reportedly moving forward with shifting all manufacturing of its Pixel devices outside of China starting in 2027. The…
Hyundai Motor Group’s luxury brand Genesis is launching a new electric SUV with more than 300 miles of estimated range…
Casino and resort operator Bally’s issued a warning that it may struggle to keep up with its debt burden over…
ChatGPT-maker OpenAI on Tuesday announced that it’s creating a new portal for teenagers between the ages of 13 and 17…
Featured Articles
Treasury Secretary Scott Bessent said on Monday that the regularly scheduled Treasury auctions of U.S. debt are expected to continue per usual after his agency announced an increase in the size of buybacks of longer-dated securities. Bessent spoke Monday at a press conference to discuss…
All News
The U.S. national debt crossed another historic milestone on Wednesday as it topped $40 trillion for the first time in history amid persistent federal budget deficits that are causing the debt to soar higher. Data from the Treasury Department released on Wednesday showed that the gross national debt reached $40,047,425,768,420.22…
Car insurance costs trended higher in the first half of this year after declining in 2025, and a new report projects increases in over 30 states this year. An analysis by Insurify found car insurance premiums fell 6% last year, with drivers in 39 states seeing a decline in average…
More than 600 bags of frozen dog food are facing a recall after FDA testing prompted by a consumer complaint found salmonella contamination. Connecticut-based Oma’s Pride issued a recall for one lot of Woof Complete Canine Chicken Recipe, the company announced on Monday.A total of 639 bags are affected by…
Financial markets and investors are reacting to the rapidly growing U.S. national debt, which is approaching a record of $40 trillion, by requiring greater returns for those who invest in America’s debt obligations. Yields on U.S. Treasurys have been elevated recently, in part due to the growth in debt, with…
Home Depot customers are still spending on their homes, with smaller projects supporting demand as Americans contend with elevated mortgage rates and high home prices. The home improvement retailer said Tuesday that second-quarter sales rose 5.7% from a year ago to $47.9 billion, while comparable sales increased 1.7%. Comparable sales…
Chrysler parent Stellantis announced on Monday that nearly one million vehicles worldwide are being recalled over radio software that may prevent rearview cameras from displaying images properly. About 955,000 Chrysler, Jeep, Dodge and Ram vehicles are affected by the recall.This covers more than 848,000 vehicles in the U.S., including various 2026 and 2027…
L3Harris Technologies said on Monday that CEO Christopher Kubasik stepped down from the role after an investigation by the board of directors found he engaged in misconduct, which led to the company reaching a separation agreement with him and naming his successor. L3Harris’ announcement didn’t disclose the specific findings of…
While recent economic data suggests South Florida has lost its cost advantage over New York, top real estate developers argue the numbers fail to tell the full story. Key executives behind major residential skyscrapers in Manhattan and Miami argue South Florida is playing long-overdue catch-up after decades of underpriced real…
A machete- and pickaxe-wielding man was arrested after allegedly smashing into a jewelry display at a South Carolina Costco before customers and employees helped detain him, according to local reports. Greenville police responded Thursday to the Costco on Woodruff Road after receiving reports of an armed robbery in progress, WSPA…
Safeway is closing additional stores as parent company Albertsons Companies reassesses its retail footprint following the collapse of its proposed $24.6 billion merger with Kroger. Albertsons told USA Today that the company had slowed its potential “portfolio optimization” efforts while the Kroger transaction was pending, then resumed evaluating its store…