Volkswagen CEO warns up to 100,000 jobs may be cut in restructuring

Volkswagen’s leadership is warning that the company may need to cut an extra 50,000 jobs to stay competitive with auto industry rivals, according to an internal memo sent to staff. The German automaker previously announced plans to cut 50,000 jobs across the company, including at its subsidiaries Porsche and Audi,…

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Pedigree dog food recalled over metal and plastic contamination risk

Two lots of Pedigree-branded dog food were recalled over the potential presence of metal and plastic. Mars Petcare US issued the voluntary recall July 2 for 13.2-ounce cans of High Protein Chopped Chicken & Duck Flavor for dogs, according to a company announcement.The affected products include lot codes 613C3KKCFC and…

Gallup data finds non-AI users more likely to face layoffs in 2026

American workers who never use artificial intelligence (AI) may be more likely to be laid off than those who use AI more regularly, according to new data. Gallup research found that 62% of workers who have been laid off were non-users of AI who used it once per year or…

SSI beneficiaries receive 2 direct deposit payments in July 2026

Some Social Security beneficiaries will receive two checks this July as a quirk in the calendar shifted the payment timeline for an adjacent month. The Social Security Administration (SSA) ordinarily disburses payments for Supplemental Security Income (SSI) on the first day of a given month. The SSI program provides monthly…

Midwesterners retire to Florida Gulf Coast, fueling Sarasota boom

A community on Florida’s Gulf Coast has seen a large influx of new residents from the Midwest who are driving the area’s rapid growth. The population of Sarasota County, Florida, has grown 12.4% over the five years leading up to April 2025, according to Florida’s Bureau of Economic and Business…

New car payments reach all-time high of 0 in first quarter 2026

The average new car payment rose to an all-time high in the first quarter as American households continued to face affordability challenges in the economy. A new report by LendingTree citing data from Experian for the first quarter of 2026 found that the average monthly payment for a new vehicle…

Trump administration targets 702 rules in .5T deregulatory plan

The Trump administration on Friday laid out a sweeping deregulatory plan to eliminate over 700 rules across federal agencies. The Office of Information and Regulatory Affairs (OIRA) released its 2026 regulatory plan which covered 702 deregulatory actions, an increase from 482 in the 2025 regulatory plan released by the Trump…

Chick-fil-A hack lets a family of five eat for under , father says

A father says his family of five is able to eat at Chick-fil-A for under $45 using a DIY sandwich “hack,” though menu prices vary by location amid concerns across the country about affordability due to rising costs. Jeff Johnson, a worship pastor at an Atlanta church and a podcast…

BMW CEO touts US manufacturing push with .7B South Carolina EV expansion

BMW is “here for the long game” in the U.S. as it completes a $1.7 billion South Carolina investment and prepares to build fully electric vehicles at its largest plant, its North America CEO told FOX Business. Sebastian Mackensen, president and CEO of BMW of North America, said the investment…

Dell announces 0 investment for millions of children through Trump Accounts

In an Independence Day announcement, tech billionaire Michael Dell and his wife Susan unveiled a “public-private partnership” aimed at giving millions of young Americans a direct financial stake in the nation’s economy. The Dell Technologies CEO took to X on Saturday to announce they are giving $250 each to the…