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Costco enforces strict limit on gold bar purchases as value increases

Business

Costco enforces strict limit on gold bar purchases as value increases

Costco is limiting the number of gold bars its members can purchase while gold prices continue rising."Limit of 1 transaction per membership, with a maximum of 2 units per 24 hours," Costco's website says, for two different 1 oz. gold bar products from Rand Refinery and PAMP Suisse Lady Fortuna Veriscan.Rand Refinery's bar sells for $3,249.99, while PAMP Suisse Lady Fortuna Veriscan's sells for $3,389.99. They are each 24-karat and […]

todayMay 18, 2025

Boeing, GE and Trump’s Middle East trip to remember

Business

Boeing, GE and Trump’s Middle East trip to remember

President Donald Trump is getting high marks for his diplomacy during his Middle East visit, but it’s his wheeling and dealing for Boeing and GE Aerospace that left investors cheering. Boeing shares tacked on 5.6% this week, while GE added nearly 8% after Qatar Airways announced an order of 210 widebody jets, the largest ever for America’s plane maker, valued at $96 billion, according to the White House. In an expanded deal […]

todayMay 18, 2025

Pope Leo XIV could boost Catholic church attendance in US, Augustinian says

Business

Pope Leo XIV could boost Catholic church attendance in US, Augustinian says

With Pope Leo XIV being the first American pontiff, it could draw more people in the U.S. back to church, according to Br. Frank Connor, a member of the Order of Saint Augustine, a mendicant religious order within the Catholic Church.Pope Leo XIV "being an American, first off, is historic. Then, being from Chicago specifically, I think it appeals to a lot of the people in the Midwest [and] in […]

todayMay 18, 2025

Florida Porsche dealership co-owner resigns over antisemitic text to customer: report

Business

Florida Porsche dealership co-owner resigns over antisemitic text to customer: report

A co-owner of a luxury car dealership in Florida is reportedly resigning after he allegedly made an antisemitic remark in a text to a customer. "I had my Porsche rep contact the factory to secure a spot at the paint to sample line for a special color before I had someone contact you," Pompano Beach Champion Motorsports/Champion Porsche co-owner Naveen Maraj allegedly wrote to a potential customer recently.Maraj allegedly sent the […]

todayMay 17, 2025

‘Romantic’ or real? Lighter-than-air zeppelin travel may just make it off the ground, if the market agrees

Business

‘Romantic’ or real? Lighter-than-air zeppelin travel may just make it off the ground, if the market agrees

In an age when sustainability is often sold with more sizzle than substance, one legacy aerospace technology is quietly floating back into relevance, if it can prove itself in the harsh arena of free market economics. Airships — yes, giant zeppelins — are making a cautious comeback, but their future, says historian and author John J. Geoghegan, rests not on nostalgia or novelty, but on cold, hard business.Speaking to FOX Business […]

todayMay 17, 2025

Trump warns Walmart to ‘eat the tariffs’ instead of raising prices

Business

Trump warns Walmart to ‘eat the tariffs’ instead of raising prices

President Donald Trump on Saturday warned Walmart not to raise prices, two days after the retailer said price hikes were possible. "Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain," Trump wrote on Truth Social on Saturday. "Walmart made BILLIONS OF DOLLARS last year, far more than expected. Between Walmart and China they should, as is said, ‘EAT THE TARIFFS,’ and not charge valued […]

todayMay 17, 2025

Gold rush 2.0: Americans cash in as precious metal hovers near all-time high

Business

Gold rush 2.0: Americans cash in as precious metal hovers near all-time high

We’re in the middle of the Gold Rush 2.0. But this time folks aren’t making money finding gold – they’re making money selling it.With gold near an all-time high, selling for over $3,200 an ounce, folks are raiding their jewelry boxes and heading to pawn shops, jewelers and smelters to turn their little-worn necklaces, watches, bracelets and earrings into cold hard cash."Every day we have more customers just coming in, […]

todayMay 17, 2025

Spirit of service lives on 70 years after veterans built original Disney park

Business

Spirit of service lives on 70 years after veterans built original Disney park

Disneyland Resort's 70th Celebration is officially underway, and it is the perfect opportunity to look back at the park's founders.For U.S. Air Force veterans and Disney cast members Cody and Matt Breidinger, who are identical twins, that means thinking about the military influence during the park's creation.  "Admiral Joe Fowler was actually one of the first operations managers here at the park," Cody told FOX Business. "Walt met him through a […]

todayMay 17, 2025

Disney’s Abu Dhabi theme park will be Yas Island’s fifth park

Business

Disney’s Abu Dhabi theme park will be Yas Island’s fifth park

Disney is set to create a theme park in the United Arab Emirates in the coming years, picking Abu Dhabi’s Yas Island as the site for the planned project. Disney CEO Bob Iger told analysts and investors that Disneyland Abu Dhabi, the entertainment giant’s seventh park, will be "authentically Disney and distinctly Emirati."The park, Iger said, will "rise from the shores of this land in spectacular fashion, blending wonderful Disney stories […]

todayMay 17, 2025