Business

Call it "The Art of the Rare Earth Deal." President Trump has embarked on bold new rare earths diplomacy to reduce China’s global dominance in the rare earth supply chain needed to power industries worldwide. And to do it, Trump is moving to strike rare earth gold in a new global mineral blitz to outflank Beijing, with new deals from Asia to Australia.   Rare earths are the foundation materials for much […]

President Donald Trump predicted that gas will "soon" drop to $2 per gallon.During a speech in Japan, he said "our motto is drill baby drill" and noted that he anticipates "$2 gasoline pretty soon," describing the prospect as "bigger than a tax cut."If the president's prediction pans out, it would mark a substantial decrease from the gas prices Americans have been facing at the pump.GAS PRICES NEAR $3 MARK FOR […]

As grocery prices remain stubbornly high, major retailers are stepping in to ease the burden for some shoppers, but not all.Walmart, Amazon and Kroger have rolled out or expanded programs that offer special discounts, delivery perks and membership savings for customers who use government assistance programs such as Supplemental Nutrition Assistance Program (SNAP) and Electronic Benefits Transfer (EBT).Walmart’s new Walmart+ Assist membership cuts its annual subscription cost in half, from […]

PayPal on Tuesday became the first payments platform to embed its digital wallet into OpenAI's ChatGPT.Shares of the San Jose, California-based company climbed in Tuesday morning trading after the company announced that it is going to adopt the Agentic Commerce Protocol (ACP) to expand payments and commerce in ChatGPT, allowing ChatGPT users to be able to check out instantly using PayPal. PayPal said it will also support payments processing for merchants […]

Millions of hotel workers are facing an uncertain future ahead of the holiday season as the prolonged government shutdown weighs on the industry. Dozens of industry associations representing hotels nationwide penned a letter to the leaders of the House of Representatives and Senate, urging them to end the government shutdown, which is in its 28th day.Each day the shutdown persists, the American Hotel and Lodging Association (AHLA) estimates that it costs […]

Elon Musk’s artificial intelligence company, xAI, launched its early version of Grokipedia Monday, which is said to be an AI-generated encyclopedia to compete with Wikipedia.The billionaire Tesla founder, who has long criticized Wikipedia for what he calls "editorial bias," previously described Grokipedia as a more "truthful and independent alternative." FOX NEWS AI NEWSLETTER: TRUMP ORDER HARNESSES AI TO FIGHT CHILDHOOD CANCERPowered by Grok, xAI’s chatbot trained on real-time data, the platform […]

Amazon is planning to cut nearly 10% of its corporate workforce beginning Tuesday as part of an internal restructuring, Reuters reported, citing three sources.The reported layoffs, affecting roughly 30,000 employees, would mark the largest reduction in Amazon’s corporate workforce in the company’s history, surpassing the roughly 27,000 positions eliminated in late 2022 and early 2023, according to layoff tracking site Layoffs.fyi.Sources told Reuters that Amazon has been working to reduce […]

Small Business Administration Administrator Kelly Loeffler says Democrats are having a "disgraceful moment" as the government shutdown reaches what she calls liberals' intended effect of hurting small businesses.  The federal government approached its fifth week of a shutdown after lawmakers failed to advance the continuing resolution a dozen times, according to a previous report. Disagreements over Obamacare remain at the forefront, as Senate Minority Leader Chuck Schumer, D-N.Y., and other Democrats […]

Aclara Resources CEO Ramón Barúa Costa detailed a $277 million investment to build the first rare earth processing plant in America during an exclusive interview on "The Claman Countdown" Monday."We are going to be breaking ground in the second half of next year," he said on the future plant in Louisiana.Rare earth elements are critical for making everyday electronics, defense systems and more. WYOMING RARE EARTH MINING FACILITY TO BE FIRST […]