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…
Rebel Creamery has filed for Chapter 11 bankruptcy protection in Utah, reporting approximately $13.78 million in assets and $23.85 million in liabilities as it appeals a $23.785 million judgment awarded to rival Van Leeuwen Ice Cream in a trade-dress dispute. Rebel ice cream is sold at Walmart, Kroger, Safeway and…
Harvard University’s investment arm disclosed a $2.2 billion stake in SpaceX, revealing a massive payoff from an early investment in Elon Musk’s rocket company following its blockbuster public debut. Harvard Management Company reported the position in a regulatory filing Friday, making SpaceX the largest individual stock holding disclosed in its…
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Apple is reportedly in the process of testing memory chips made by Chinese company CXMT across its lineup of devices,…
The U.S. government’s Strategic Petroleum Reserve (SPR) is at its lowest level since 1983 as inventories that were already low…
McDonald’s sales growth came in slower than expected when the company released its second quarter earnings on Tuesday, with leaders…
Oil prices fell on Monday as markets embraced hopes for the de-escalation of the Iran war, despite uncertainty over the…
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Social Security beneficiaries are still expected to see a larger cost-of-living adjustment (COLA) in 2027 than they did this year, though it has decreased as inflation eased in July. By law, the annual Social Security COLA is calculated using the Bureau of Labor Statistics’ consumer…
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FIRST ON FOX: In the heart of Manhattan, at the corner of Broadway and West 43rd Street, a massive new billboard is sending a provocative message to New York leadership: “Thanks for the jobs!” As America faces what business leaders call a historic choice between free enterprise and expanding government…
America’s hottest housing markets are all located in the Northeast and Midwest, according to a new ZIP code-level analysis of the most in-demand housing markets. Realtor.com released its hottest ZIP codes report for 2026, which found that those two regions swept the top 10 rankings for the fourth consecutive year.Hannah…
Wendy’s has lost its place as America’s runner-up to McDonald’s, ending a six-year run as the second-largest burger chain, being surpassed by a resurgent Burger King. Burger King reclaimed the No. 2 position as its U.S. turnaround gains momentum, with domestic same-store sales jumping 8.5% in the second quarter. Wendy’s,…
For Americans looking for an affordable meal out, geography can make a big difference in what they pay for a cheeseburger, fries and a soda. A $15 bill is still enough to cover a cheeseburger, fries and a soda in some U.S. cities, but not everywhere.A recent DoorDash State of…
Household affordability challenges are leading some consumers to consider refinancing their auto loans to save money on monthly payments. Stephanie Roberts, director of auto products at PenFed Credit Union, told FOX Business that expanded access to credit terms has allowed consumers to more easily check the rates available to them…
A nationwide recall has been issued for dog and horse medication after glass fibers were found floating in injection vials. American Regent Inc. announced that select lots of Adequan Canine Injection and Adequan i.m. Injection joint medication are affected by the recall.The recall includes two lots of Adequan Canine Injection,…
President Donald Trump is considering renewing his push to fire Federal Reserve Governor Lisa Cook over mortgage fraud allegations amid an ongoing legal debate over the president’s ability to remove members of the independent central bank, FOX Business has learned. The White House is seeking a response from Cook within…
This story about the July 2026 jobs report will be updated with further details. The U.S. economy unexpectedly shed jobs in July amid headwinds caused by elevated inflation and uncertainty over the Iran war’s economic impact.What are the key findings of the July 2026 jobs report? The Bureau of Labor…
Job cuts slowed in July as companies stepped up their hiring plans, while artificial intelligence (AI) continues to be cited as a leading reason for workforce reductions, new data shows. Companies announced 33,429 job cuts in July – a decrease of 27% from the 45,849 announced in June, and a…
Housing affordability remains a concern for would-be homebuyers as the income needed to afford a typical U.S. home remains near historic highs and well above what most American households earn, though there are signs of improvement from a year ago. Home prices surged in 2022 and 2023 amid strong demand…
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