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Walmart goes nuclear in first-of-its-kind power deal for retail giant
The retail giant has signed its first nuclear power deal with Constellation for about 176 megawatts from the Dresden Clean Energy Center in Illinois.
Sony to end physical PlayStation game discs for new releases starting in 2028
Sony says all new PlayStation games released after January 2028 will be sold digitally, reflecting changing consumer demand and the gaming industry's broader move away from physical media.
US decides not to renew USMCA trade pact, will seek separate deals with Canada, Mexico
President Trump has opted against the U.S.-Mexico-Canada Agreement (USMCA) and will instead pursue separate trade deals with the two major trading partners, FOX Business has learned.
Private sector added 98,000 jobs in June, below expectations, ADP says
The figure reported on Wednesday is below economists’ estimates of an increase of 118,000 jobs. The prior month's reading was unrevised at 122,000.
Trump administration lifts Claude Mythos 5, Fable 5 export restrictions after Anthropic works with government
The Commerce Department lifted export restrictions on Anthropic's Claude Fable 5 and Mythos 5 after a review, clearing the models for wider access
How YouTube TV and DirecTV Stream subscribers can get a payout from Disney's $50M antitrust settlement
Disney's $50 million class action settlement pays YouTube TV and DirecTV Stream subscribers who had plans between April 2019 and March 2026.
Trump demands gas stations lower pump prices immediately and renews push for $2.50 gasoline
President Trump demands gas station owners drop fuel prices immediately, targeting $2.50 a gallon and warning of consequences for price gouging.
Beloved gas station pizza chain CEO reveals 400-store expansion plan as food business booms
Casey's General Stores plans to add at least 400 new locations over three years while expanding its prepared food menu with wings and fries.
Newsom's office touts Anthropic 'partnership,' 50% discount on Claude AI for California agencies, localities
Golden State Gov. Gavin Newsom's office indicated that state agencies and local governments may access Anthropic's Claude artificial intelligence platform at a 50% discount.
Supreme Court rules on Trump's attempt to fire Fed governor Lisa Cook
The Supreme Court ruled on President Donald Trump's bid to fire Fed Governor Lisa Cook, potentially reshaping presidential power over the central bank and economic policy.
AI could unleash ‘single greatest productivity revolution’ if Washington avoids overreach: report
The Unleash Prosperity report, titled "Boomsday Not Doomsday," argues AI could help ease housing costs, boost productivity and move workers into higher-value roles.
Dell shareholders approve legal move from Delaware to Texas
Michael Dell says Texas is where the company has always belonged as shareholders overwhelmingly approve the reincorporation move from Delaware.
US economy grew at 2.1% in first quarter
First-quarter GDP grew at 2.1%, above the expected 1.6%, as equipment investment in AI and computers along with consumer spending led growth.
Fed's favored inflation gauge accelerated in May amid energy price shock
The Commerce Department PCE inflation report for May showed the Federal Reserve's favored inflation gauge rose higher amid the energy price shock caused by the Iran war.
Trump alleges gas price gouging, calls for DOJ investigation
President Donald Trump alleged that customers are facing fuel price gouging and said that he had ordered the Justice Department to investigate.
Warton grad who used to pressure wash homes raises $40M to help plumbers, electricians run businesses with AI
George Eliadis, 24, raised venture capital funds from Andreessen Horowitz and Sequoia Capital for Probook, his AI platform for home service businesses.
Wharton grad who used to pressure wash homes raises $40M to help plumbers, electricians run businesses with AI
George Eliadis, 24, raised venture capital funds from Andreessen Horowitz and Sequoia Capital for Probook, his AI platform for home service businesses.
Delta CEO Ed Bastian reveals what he says must happen for airline ticket prices to fall
Delta Air Lines CEO Ed Bastian says ticket prices will drop when more supply enters the market, citing air traffic control congestion as a bottleneck.
Ken Griffin fires back at Mamdani, says business leaders must 'fight for their city'
Citadel founder Ken Griffin urges New York business leaders to speak up against Mayor Zohran Mamdani's tax proposals, warning the city risks losing talent.
Ubisoft co-founder Claude Guillemot killed in plane crash that claimed 2 lives: report
Claude Guillemot, one of the five brothers who founded Ubisoft in 1986, reportedly died in a twin-engine plane crash in La Baule, France.
Ubisoft co-founder Claude Guillemot killed in plane crash that claimed 2 lives: report
Claude Guillemot, one of the five brothers who founded Ubisoft in 1986, reportedly died in a twin-engine plane crash in La Baule, France.
DOJ probes JPMorgan, Citigroup transactions tied to Iran supreme leader's business network
A Justice Department probe is reviewing transactions tied to a business network linked to Iran's supreme leader and its reported connections to Wall Street firms
Meta lobbies Congress for immunity from lawsuits alleging online harm to children
Meta reportedly lobbied U.S. lawmakers for legal immunity from child harm lawsuits as part of the Kids Online Safety Act under Senate consideration.
Waymo recalls nearly 4,000 robotaxis after cars enter freeway work zones
Waymo has paused freeway robotaxi operations and recalled nearly 4,000 vehicles after more than a dozen incidents involving autonomous cars entering closed construction zones.
Apple CEO says price hikes are ‘unavoidable’ as rising chip costs squeeze tech giant: report
Tim Cook says Apple price increases are “unavoidable" as AI demand drives up memory chip costs, calling the supply crunch a “hundred-year flood."
Trump threatens 100% tariff on French wines over digital services tax before G7 summit
President Donald Trump warns France of 100% tariffs on wine and champagne if Macron does not drop the 3% digital services tax on American technology companies.
Trump admin says Anthropic's 'recklessness' triggered export controls on latest AI models
Anthropic's Fable 5 AI model faced export controls after a senior administration official says the company's "recklessness" in addressing vulnerabilities damaged government trust.
Barron Trump-linked beverage brand launches first product with Florida-inspired twist
SOLLOS Yerba Mate, a beverage brand linked to Barron Trump, has launched its first product — a Pineapple + Coconut Florida-inspired yerba mate drink.
FDA issues highest-risk recall for Alfredo sauce sold in 41 states
The FDA elevated a recall of Alfredo sauce distributed across 41 states to a Class I event, citing the risk of Salmonella contamination tied to dry milk powder.
'Still very immature': Texas sports bar owner sounds alarm on NFL's streaming pivot
Texas restaurateur Jim Hallers warns Congress that NFL streaming fragmentation threatens sports bars, citing $30,000 to $40,000 upgrade costs per venue.
SpaceX makes historic debut; Musk solidifies status as world’s first trillionaire
SpaceX's IPO valued the rocket and satellite company at roughly $1.77 trillion, pushing Elon Musk's net worth to about $1.1 trillion and making him the first trillionaire on paper.
Papa Johns shuts down dozens of locations across 17 states as fast-food competition intensifies
Papa Johns follows through on plans to close 300 stores, targeting franchise-owned locations generating less than $600,000 in annual sales by 2027.
Honda recalls more than 880,000 vehicles over rear suspension failure risk
Honda is recalling over 880,000 Pilot, Ridgeline, Passport and Acura MDX vehicles due to rear suspension corrosion that could increase the risk of a crash.
Inflation rose again in May as elevated energy prices squeeze consumers
The Bureau of Labor Statistics released the consumer price index (CPI) inflation data for May which showed that inflation rose and remained persistently high last month.
Amazon-sold infant nursing pillows recalled over potentially deadly suffocation risk
Parents are urged to stop using recalled Little Grape nursing pillows sold on Amazon due to safety violations and a potential risk of infant suffocation.
More than 1 million Jeep vehicles recalled over fire risk as owners warned not to park inside
Stellantis is recalling over 1 million Jeep Wrangler and Gladiator vehicles over an electrical defect that could spark a fire, urging owners to park outdoors.
Meta launches $115M skilled trades academy with guaranteed jobs for graduates in 4 states
Meta launches America's Workforce Academy with $115 million investment, offering free skilled trades training with guaranteed jobs for all graduates.
Hibbett Sports owner plans to close 175 underperforming stores in major North American reorganization
Hibbett Sports will close around 175 stores over the next three years as parent company JD Sports pursues a cost-cutting and optimization strategy.
Sam Bankman-Fried says he 'absolutely' wants a presidential pardon from inside his federal prison cell
Sam Bankman-Fried says he "absolutely" wants a presidential pardon from his federal prison cell, but won't say if his family is lobbying on his behalf.
McDonald's testing AI drive-thru order-taking system called ArchIQ at five locations across country
McDonald's is testing ArchIQ, a new AI order-taking system at five locations, as part of its McDonald's Next strategy announced by CEO Chris Kempczinski.
LARRY KUDLOW: Trump loves business, and business is booming
The Trumpian boom: jobs rising more than double the predications, prior months revised higher. wage income beating inflation
US economy added 172,000 jobs in May, beating expectations
The Bureau of Labor Statistics reported that 172,000 jobs were added in May, beating economist expectations of 85,000 while unemployment held at 4.3%.
Nike CEO Elliott Hill outlines sports-focused strategy to revive iconic sportswear company
Nike CEO Elliott Hill opened up about the company's turnaround on "The Claman Countdown," outlining how a focus on sports is essential to Nike's future.
California loses Fortune 500 crown to Texas as billionaire tax threat looms
Governor Greg Abbott calls Texas the "undisputed headquarters of headquarters" as the state surpasses California with 57 Fortune 500 companies.
Ford's quietest Bronco ever? New Filson edition packs V6 power, luxury upgrades
Ford and Filson unveiled the 2027 Bronco Filson SUV, featuring a 3.0-liter EcoBoost V6, Sasquatch off-road package and the quietest Bronco cabin ever.
Joe Burrow backs BODYARMOR FIT launch as sparkling sports drink targets everyday active hydration
BODYARMOR FIT launched as a sparkling sports drink with electrolytes, caffeine, and zero sugar for everyday active hydration beyond workouts, championed by Bengals QB Joe Burrow.
Top CEOs brace for downturn, warn US economy will worsen in next 6 months
CEO confidence plummeted from a reading of 59 to 47 in just one quarter, as corporate leaders report worsening economic conditions and shrinking hiring plans.
Jamie Dimon calls Coinbase CEO 'full of s--t,' vows to fight crypto-friendly bill in Congress
JPMorgan Chase CEO Jamie Dimon slams Coinbase CEO Brian Armstrong and vows an all-out industry fight against the crypto-friendly CLARITY Act in Congress.
Yum Brands in talks to sell Pizza Hut to private equity firm: report
Yum Brands is reportedly discussing a potential sale of Pizza Hut to LongRange Capital, a deal that could reshape the restaurant sector amid weaker demand.
Fleeing for their futures, a California exodus unleashes a Florida 'gold rush'
California faces an unprecedented exodus as high taxes, a $31 billion deficit and a ballot-approved wealth tax push more billionaires and businesses to Florida.
108 top economists predicted 'devastation' — Argentina's Milei continues to prove them wrong
Three years into Milei's presidency, Argentina's economy has been transformed. Economists who predicted failure now see a playbook other nations could follow.
Frozen food item sold at Costco recalled over salmonella concern
Frozen Motor City Pizza Co. 5 Cheese Bread sold at Costco is recalled over potential salmonella concerns linked to a recalled milk powder ingredient.
Scott Bessent says US seized roughly $1B in Iranian crypto as regime nears 'end of their tether'
Treasury Secretary Scott Bessent announced the U.S. has seized roughly $1 billion in Iranian cryptocurrency assets as Operation Economic Fury pushes Iran's economy toward collapse.
Fed's favored inflation gauge remained elevated in April
The latest PCE inflation data was released by the Commerce Department and showed that inflation rose and remained elevated in April due in part to the Iran war's impact.
Business leader sounds alarm over Mamdani’s NYC housing proposal
New York City Mayor Zohran Mamdani’s $22 billion housing proposal is drawing criticism from a business leader and a Republican lawmaker who warn parts of the plan could discourage developers and investors from building in the city.
Walmart launches hardware overhaul, new kids brand in private-label push
Walmart is investing in private brands with a hardware refresh featuring Greenworks Pro and Hyper Tough, plus a new Mainstays Kids home brand launch.
Bernie Sanders warns of 'the most transformative economic revolution in the history of this country'
Sen. Bernie Sanders warned that AI and robotics controlled by billionaires could replace American workers and harm children's social development.
Stellantis unveils $70B turnaround strategy with 60 new models
Stellantis announces a $70 billion turnaround strategy focusing on core brands, external partnerships and more efficient factory capacity use.
California business owners ‘working for peanuts’ as costs, record gas prices and regulations devour profits
California "sticker shock" is mounting for the state's small business owners, but one restaurateur and their multi-billion-dollar lender explain why they're not walking away — yet.
One of America’s oldest beer brands discontinued after 177 years in US
Schlitz Premium, the Milwaukee-born lager that once dominated the U.S. brewing industry, is being discontinued after more than 175 years.
Federal jury delivers verdict on Musk's lawsuit against OpenAI
A jury in federal court reached a verdict in Elon Musk's lawsuit against OpenAI after Musk accused the maker of ChatGPT of violating its founding mission as a nonprofit.
NextEra bets $66.8B on AI power boom with Dominion Energy acquisition
NextEra Energy announced a $66.8 billion acquisition of Dominion Energy, expanding its reach into Northern Virginia’s booming AI data-center market.
Trump admin rolls out Workforce Pell Grants to fast-track workers into high-demand jobs
Education Secretary Linda McMahon said the new Workforce Pell Grant program will help Americans train quickly for in-demand jobs.
Blackstone seasoning blend recalled over possible salmonella contamination
Blackstone Products is recalling select lots of its Parmesan Ranch seasoning after a supplier-issued milk powder recall raised concerns about possible salmonella contamination.
Walmart cutting or relocating about 1,000 corporate jobs
Walmart is reportedly cutting or relocating 1,000 corporate jobs as it simplifies its operating structure and pursues a tech-focused growth strategy.
Cisco to cut thousands of jobs as AI push accelerates after earnings beat
Cisco reported record revenue and surging AI demand while announcing job cuts affecting thousands as it repositions for an AI-driven future.
Waymo recalls massive autonomous fleet after incident flags major safety issue
Federal regulators say a software defect may prevent Waymo vehicles from fully stopping in flooded road conditions, increasing the risk of a crash or injury
Inflation continued to rise in April as Iran war impacted energy prices
Inflation continued to rise in April as consumer price growth has picked up due to the impact of the Iran war on energy markets and gas prices.
Disney cruise canceled after boarding leaves passengers waiting hours and questioning response
Passengers say Disney Adventure's Singapore sailing was canceled after boarding due to technical issues, with families waiting hours for hotel details.
Trump orders federal agencies to prioritize American-made goods and curb waiver use
President Trump says federal agencies must prioritize American-made products, pledging to close waiver loopholes and boost domestic manufacturing enforcement.
Buc-ee's set to debut in 6 new states in major expansion push across US
The popular Buc-ee’s chain is set to debut in six new states, bringing its oversized stores, clean restrooms and fuel hubs to more drivers nationwide.
AOC-backed $25 minimum wage could squeeze small businesses in red states
A $25 minimum wage sounds appealing but experts and economists warn it could squeeze small businesses and hit lower-wage states hardest.
TikTok creator's crowdfunding campaign to buy Spirit Airlines racks up more than $335M in pledges
After Spirit Airlines shut down operations and canceled all flights, a viral TikTok campaign proposing crowdfunded ownership has gained over $335 million in online pledges.
US economy added 115,000 jobs in April, beating expectations
The U.S. economy added jobs at a modest pace last month according to the Labor Department's April 2026 jobs report that was released on Friday.
Ford, Carhartt double down on American workers with new truck, small business push
Ford Motor Company and Carhartt launch a broad collaboration spotlighting the "essential economy," including a new co-developed Super Duty pickup truck.
Disney CEO unveils entertainment giant's new 3-pillar growth plan
Disney CEO Josh D'Amaro outlines a three-pillar growth strategy focused on intellectual property, global consumer reach and AI-powered storytelling.
Rising costs, loyal customers: Inside a Staten Island restaurant empire
Staten Island restaurant owner Rob DeLuca says food supply chain costs have risen roughly 20% over the past year, making it difficult to run his three Italian restaurants.
Ken Griffin vows to 'double down' on Miami move, says NYC 'doesn't welcome success'
Billionaire Ken Griffin reaffirmed Citadel's move to Miami at the Milken Conference, citing his feud with NYC Mayor Zohran Mamdani over tax policy changes.
University lets students earn bachelor's and master's degrees entirely on their phone
Cornerstone University's self-paced SOAR program lets students earn accredited business degrees entirely on a smartphone with a 91% persistence rate.
Built on grit: FOX Business crowns three ‘Made in America’ small business winners
A veteran-staffed construction firm, a souvenir shop owner and bourbon makers are crowned winners of the first FOX Business "Made in America" small business contest.
Popular 1990s internet search giant shuts down
Ask.com is shutting down its search business after nearly 30 years as parent IAC refocuses operations, marking the end of an early internet search brand.
Popular 1990s internet search giant shuts down
Ask.com is shutting down its search business after nearly 30 years as parent IAC refocuses operations, marking the end of an early internet search brand.
GameStop targets eBay in $56B takeover bid, sees path to rival Amazon
GameStop launches a $56 billion bid for eBay, with CEO Ryan Cohen outlining plans to cut costs and position the platform as a rival to Amazon.
McDonald’s is quietly ditching a popular in-store feature nationwide
McDonald's is quietly ending self-serve soda fountains nationwide, shifting drink prep behind the counter as it modernizes restaurants across the country.
Trump gives Spirit Airlines 'final' proposal as beleaguered carrier prepares to shut down
Spirit Airlines received a final bailout proposal from the U.S. as President Donald Trump says the administration is "driving a tough deal" to aid the beleaguered carrier.
Ford rolls out nationwide employee pricing to mark America’s 250th anniversary
Ford offers employee pricing to all U.S. customers on most new 2025 and 2026 Ford and Lincoln vehicles as part of its America 250th anniversary campaign.
Fed's favored inflation gauge remained elevated in March
The latest PCE inflation data was released by the Commerce Department which showed that inflation rose and remained elevated in March due in part to the Iran war's impact.
Mamdani tax break proposal sparks fears as business leaders warn of ‘fragile’ NYC economy
Business leaders warn NYC Mayor Zohran Mamdani's proposal to scale back a key tax credit could hurt small businesses and drive companies out of the city.
Sticker Mule demands Google fix ‘mislabeled’ ads tying company to CEO’s New York political campaign
Sticker Mule demands Google correct what it calls an error that labeled its commercial ads as paid for by the Constantino for Congress campaign.
Federal Reserve leaves interest rates unchanged as Powell's chairmanship nears end
Federal Reserve policymakers left interest rates unchanged in April amid concerns about elevated inflation and as Fed Chair Jerome Powell's term as central bank chairman draws to a close.
Kevin Warsh moves one step closer to becoming next Fed chair
Kevin Warsh moves closer to replacing Jerome Powell as Fed chair after the Senate Banking Committee voted to advance his nomination to the full Senate.
Work more, lose less? New bill aims to end Social Security penalty
A proposed bill from Sen. Rick Scott and Rep. Greg Murphy would let Social Security beneficiaries work without having their benefits reduced.
Princess Cruises ship recovers 5 bodies in Mediterranean during voyage
A Princess Cruises ship recovered five bodies in the Mediterranean after altering course during a European voyage, according to preliminary reports.
California billionaire tax nears ballot after union collects nearly double required signatures
California's proposed billionaire wealth tax clears a major signature hurdle as opponents warn it could kill 108,000 jobs and drive more billionaires out of the state.
Coast Guard conducts search after crew member falls overboard from Norwegian Cruise ship
The Coast Guard is reportedly searching for a Norwegian Breakaway crew member seen falling overboard on security video near Wellfleet, Massachusetts.
Business Roundtable to lead corporate engagement at G20
The Trump administration is shifting how business voices are included in G20 discussions, elevating the Business Roundtable to lead corporate engagement.
Nike announces roughly 1,400 layoffs in latest round of cuts
Nike announces layoffs of roughly 1,400 employees in its Global Operations team, primarily affecting its technology division across three regions.
Trump signals interest in buying Spirit Airlines with taxpayer backing, aims to resell for profit
President Donald Trump proposed a taxpayer-funded takeover of Spirit Airlines amid bankruptcy, with a strategy to resell the company after oil prices fall.
Eric Trump-backed robot startup lands $24M Pentagon deal to compete with China
The Pentagon awarded a $24 million contract to test heavy-duty humanoid robots designed to breach enemy sites and strengthen U.S. military readiness.
White House accuses China of 'industrial-scale' AI technology theft weeks ahead of Trump-Xi summit
The White House OSTP accuses China of running industrial-scale distillation campaigns to steal American AI technology ahead of the Trump-Xi summit.