Business

Citadel CEO Ken Griffin sounded off on the impact of the Biden administration's regulatory policies on the U.S. economy, saying that the Trump administration's move to end the "regulatory onslaught" has been a relief to entrepreneurs wanting to grow their businesses.The billionaire co-founder of Citadel spoke at the World Economic Forum on Wednesday and said that the Biden administration's heavy-handed approach to regulation created constant friction for businesses like his firm."You cannot […]

It turns out that even billionaires can fall for scams.USA House — a primary venue for the Trump administration at the World Economic Forum in Davos — issued a warning on its website Tuesday that some attendees fell victim to scalpers selling fake VIP access packages to the event space."Caveat Billionaires, it has been brought to our attention that again this year external parties are selling ‘VIP access to USA […]

The European Parliament said it is halting work on proposed U.S.-EU trade measures on Wednesday after accusing Washington of undermining the sovereignty of Denmark and Greenland through tariff threats."Given the continued and escalating threats, including tariff threats, against Greenland and Denmark, and their European allies, we have been left with no alternative but to suspend work on the two Turnberry legislative proposals until the US decides to re-engage on a […]

Nvidia CEO Jensen Huang said the rapid expansion of artificial intelligence is setting off what he described as the "largest infrastructure buildout in human history," as companies and governments pour trillions of dollars into the computing power needed to run AI systems in real time.Speaking with FOX Business’ Maria Bartiromo from the World Economic Forum in Davos, Huang said the buildout will span data centers, chip factories and so-called "AI […]

In a wide-ranging interview, U.S. Secretary of Commerce Howard Lutnick clarified where the Trump administration stands on a number of issues — from Greenland to the importance of semiconductors and the government’s recent investment in a major tech company.Lutnick backed Treasury Secretary Scott Bessent's assertion that a potential acquisition of Greenland is critical to national security, adding from the World Economic Forum stage that the White House will press on […]

Rep. Thomas Massie, R-Ky., on Tuesday criticized President Donald Trump's administration for how it is using the oil seized from Venezuela earlier this month, saying the president cannot sell the oil for "his own piggy bank."Massie said the oil was "stolen" and that Trump cannot "legally create a second Treasury overseas for his own piggy bank.""Selling stolen oil and putting billions of dollars in a bank in Qatar to be […]

Lululemon Athletica Inc. said Tuesday it was pausing online sales of a new clothing line after users launched complaints that the attire was too revealing.The announcement comes after Reddit users complained that the leggings from the brand's new workout line, "Get Low," are "see-through" when bending or squatting."The collection remains available in our stores in North America, but we have temporarily paused sales online in the market to better understand […]

President Donald Trump signed a sweeping executive order Tuesday targeting Wall Street-backed investors who have been buying up single-family homes, arguing the practice has priced American families out of homeownership and turned neighborhoods into corporate assets rather than places to live.The order directs multiple federal agencies to limit federal support for such purchases and calls on the Justice Department (DOJ) and Federal Trade Commission (FTC) to step up antitrust scrutiny […]

President Trump, one year after his inauguration, has compiled an extraordinary list of accomplishments. You can get too caught up in the correction du jour, but the reality is promises made, promises kept. The centerpiece was One, Big, Beautiful Bill — supply-side tax cuts, deregulation, "drill, baby, drill," free and fair reciprocal trade, and the economy is booming. America has the hottest economy in the world. We’re hitting on all […]