Business

A swath of businesses and restaurants in Minneapolis is taking a significant financial hit as clashes between anti-ICE agitators and federal agents continue, with some saying the situation feels like the COVID-19 pandemic all over again, according to a city official.The protests have driven away customers hoping to avoid the unrest, leading to reduced foot traffic, temporary closures and shortened business hours. They've also kept many employees from showing up […]

Another major financial giant is planting its flag in Florida.Wells Fargo confirmed to Fox News Digital that it is moving its wealth management headquarters to West Palm Beach, underscoring a growing exodus of money and corporate influence from traditional financial hubs to low-tax, business-friendly states.The relocation makes Wells Fargo the first major U.S. bank to base its wealth-management operations in the Sunshine State."Wells Fargo Wealth and Investment Management (WIM) is […]

Palantir CEO Alex Karp suggested Tuesday that usage of artificial intelligence "bolsters civil liberties," while also warning Europe that its adoption of technology is falling behind the U.S. and China. In a wide-ranging conversation with Blackrock CEO Larry Fink at the World Economic Forum in Davos, Switzerland, Karp said his company powers "tons and tons of hospitals," but that they all have an "intake problem" and a "shortage of doctors and nurses." "They […]

Buc-ee's, an oversized travel center that's built a cult following, is planning to open the world’s largest convenience store next year. The company plans to build a location spanning 76,245 square feet in Fort Pierce, Florida, according to Sebastian Daily.  The company filed revised site plans and a building permit with St. Lucie County in November, following state approval in April, according to the outlet. But final approval for the project […]

ServiceNow and OpenAI are deepening their strategic partnership with an enhanced collaboration to help enterprises accelerate efforts to turn artificial intelligence (AI) into measurable business outcomes.ServiceNow Chairman and CEO Bill McDermott joined FOX Business’ Maria Bartiromo on "Mornings with Maria" to discuss the expanded collaboration, which brings OpenAI technical advisors and ServiceNow engineers together to build custom AI solutions integrated directly into ServiceNow’s enterprise platform."The main thing is direct integration," […]

One of America’s largest banks says the U.S. economy could be stronger than many investors expect and suggests Wall Street may be underestimating growth potential under current economic policies.Bank of America (BofA) raised its 2026 GDP growth forecast from 2.6% to 2.8%, striking a bullish tone well above market consensus.CEO Brian Moynihan outlined the upgraded outlook in a Monday interview with FOX Business’ Maria Bartiromo in Davos, Switzerland.BANK OF AMERICA […]

As consumers scale back their alcohol intake for Dry January, Costco is introducing a new tonic variety pack as part of its nationwide expansion of non-alcoholic cocktail offerings.For a limited time, social tonic brand Hiyo is launching a Costco-exclusive 3-flavor variety pack, now available at warehouse locations nationwide.  The new Sunset Party Pack is an 18-count variety set priced at $34.04. According to the brand, it features three of Hiyo’s top-selling […]

Washington state GOP Chairman Jim Walsh is pushing back against Gov. Bob Ferguson's proposed "millionaire tax," warning that it could affect more than the state's wealthy residents.The millionaire’s tax was proposed in late December when Ferguson announced his support for a new 9.9% income tax on residents earning over $1 million per year ahead of the 2026 legislative session. It doesn't include people whose net worth reaches that amount based […]

Klarna CEO Sebastian Siemiatkowski expressed support for President Donald Trump’s push to cap credit card interest rates at 10% during an interview with "The Claman Countdown" Monday, despite opposition from much of the banking industry."Revolving credit card interest is nothing but an extraction machine," Siemiatkowski said. "I think that President Trump is super wise and willing to take on the banks on behalf of the U.S. consumers."President Trump has called […]