Business

American workers are seeing modest gains in purchasing power and increased housing activity as the Trump White House sharpens its economic message ahead of the midterm elections, FOX Business reporter Grady Trimble reported Thursday.In a speech in Detroit, President Trump highlighted recent growth and easing inflation as reasons the U.S. economy is positioned for 2026. He cited stronger-than-expected GDP growth in parts of 2025 and relatively stable inflation as evidence […]

Billionaire Peter Thiel is contributing to the fight against the so-called billionaires tax ballot measure that California voters may have the opportunity to vote on this fall.Thiel made a $3 million donation to the California Business Roundtable, a lobbying group that opposes policies it views as being anti-business. The donation was first reported by The New York Times, citing a disclosure. The Times noted that while the donation isn't specifically earmarked for efforts […]

Amazon’s push to build massive artificial-intelligence data centers is now extending into Arizona, where a recently restarted copper mine is supplying industrial metal seen as increasingly critical to powering Big Tech’s AI infrastructure.On Thursday, The Wall Street Journal reported that Amazon Web Services (AWS) signed a two-year agreement with mining giant Rio Tinto’s Nuton venture to secure copper supplies tied to its expanding AI data centers.The Arizona mine outside Tucson […]

Many of the most affordable metros, with the lowest income requirements, are located in the Midwest and parts of the South, with the cheapest city sitting in Pennsylvania.Pittsburgh, according to a report from Realtor.com, is considered the most affordable metro in the nation with a median listing price of $245,000. To afford a home in the area, residents will need an annual salary of $65,000, making it one of the […]

More than 80,000 Chevy vehicles are being recalled because their pedestrian alert sound system is defective, federal regulators said. The National Highway Traffic Safety Administration (NHTSA) warned owners in a December notice that certain 2025 to 2026 model year Chevrolet Equinox EV vehicles fail to meet federal traffic safety laws because they do not comply with minimum sound requirements for hybrid and electric vehicles.General Motors made this determination after discovering that […]

As fears grow that artificial intelligence (AI) will wipe out jobs, Robinhood CEO Vlad Tenev says the opposite may be true.Tenev argues that AI won’t eliminate work, but rather redefine what it means to have a job."AI will lead to an explosion of not just new jobs, but new job families," Tenev told FOX Business’ Charles Payne during "FOX Business In Depth: The A.I. Arms Race."Tenev said skepticism about new […]

At least 45 people in more than 20 states have been infected with salmonella food poisoning linked to the Super Greens brand of diet supplement powder, according to the Food and Drug Administration and Center for Disease Control and Prevention.Superfoods Inc., which makes Live it Up-brand Super Greens powder, issued a voluntary recall on Wednesday at the recommendation of the FDA. The company recalled its original and wild berry flavors […]

Former Transportation Secretary Pete Buttigieg criticized President Trump Wednesday after reports the president mouthed an expletive and made an obscene gesture toward a heckler during a visit to a Ford factory in Michigan.Speaking at the Detroit Auto Show in Detroit, Buttigieg said the reported incident reflected what he described as a broader pattern in Trump’s treatment of autoworkers."I don't know much about the [human resources] side of it," Buttigieg said. […]

Chinese authorities have reportedly instructed domestic companies to halt the use of cybersecurity software from over a dozen U.S. and Israeli firms, citing national security concerns.Beijing officials warned that the software could collect sensitive data and transmit it overseas, Reuters reported, citing three sources familiar with the matter.The directive targets American companies including VMware, Palo Alto Networks and Fortinet, along with Israeli companies such as Check Point Software Technologies, two […]