Business

Palantir Chief Technology Officer Shyam Sankar told FOX Business artificial intelligence (AI) is fueling a blue-collar productivity boom, not mass unemployment as forecast by Sen. Bernie Sanders, I-Vt. Sankar said AI is accelerating hiring, training and American industrial growth.Sankar was a guest on "The Bottom Line" Wednesday, where he stressed the underreported reality that AI’s biggest gains are showing up not just among software developers but also among front-line workers […]

Hyundai and Kia will overhaul security features in millions of vehicles as part of a sweeping multistate settlement accusing the companies of failing to install industry-standard anti-theft technology in many of their models.Under the agreement, the automakers must provide free zinc-reinforced ignition cylinder protectors to current eligible owners, add engine immobilizers to all future U.S. vehicles and pay up to $9 million in restitution to consumers and participating states, Attorney […]

BHP has announced a new $2 billion deal to sell a 49% stake in its Western Australia power network to BlackRock-Owned Global Infrastructure Partners.  The new deal allows the company to unlock cash from its energy infrastructure without ending control of its iron ore operations. The move comes as BlackRock is moving to buy hard infrastructure.BHP CEO Mike Henry spoke to "The Claman Countdown" about the deal. BLACKROCK'S LARRY FINK SAYS US STILL […]

President Trump will address the nation tonight with a very important speech. I sincerely hope he looks forward more than backward. What do I mean by that? He has a fabulous list of achievements in his first year. Most notably, closing the border and stopping illegal immigration. Passage of the one big, beautiful bill, with its pro-growth supply side tax cuts, deregulation, drill, baby, drill, as well as other elements. […]

Treasury Secretary Scott Bessent on Wednesday announced new details about the creation of so-called Trump accounts that were created under the One Big Beautiful Bill Act and launched a website for the initiative.Bessent spoke at the Treasury Department and said that with the rollout of the investment accounts, "An entire generation of Americans is about to learn in the most life-changing way possible how even small contributions can become generational wealth, […]

Billionaire investor Ray Dalio threw his support behind President Donald Trump's plan to create investment accounts for children across the country on Wednesday.Dalio announced a donation of roughly $75 million aimed at contributing $250 to investment accounts for 300,000 children in Connecticut. Trump has called on wealthy Americans to contribute to similar funds across the country."By providing children with savings accounts that compound over time we are providing them with […]

A top member of President Donald Trump’s Cabinet warned Wednesday that the U.S. economy faces a dire future at the hands of the Supreme Court as it prepares to deliberate the emergency use of tariffs."If the Supreme Court wants to support the tariffs, they certainly will be on the right side of the law on this," senior counselor for trade and manufacturing Peter Navarro said on "Mornings with Maria.""We're in […]

Warner Bros. Discovery, Inc.'s board of directors urged shareholders to reject Paramount Skydance’s hostile takeover bid for the company, arguing that it poses "significant" risks and costs. The media behemoth said Wednesday that members of its board determined that the tender offer from Paramount Skydance was "not in the best interests" of the company or its shareholders, and that they continue to "unanimously" recommend the Netflix merger.Warner Bros. Discovery agreed to […]

The skilled trades workforce, critical to keeping the country's infrastructure and economy running, is rapidly declining.While many companies are working to address the shortage, General Motors has invested hundreds of millions of dollars to build its own pipeline of future workers.Over the past five years alone, the automaker has invested more than $242 million in its skilled trades apprenticeship program, which is geared toward training the next generation of skilled […]