Warren Buffett’s Berkshire Hathaway largely remained on the sidelines last quarter, even as the stock market…
Category: Finance News
American Corvettes deemed fastest production cars at Nürburgring track
GM Corvettes shatter American speed records at legendary German Nürburgring racetrack General Motors Corvette line has…
McDonald’s testing new beverages at more than 500 US restaurants
An old-fashioned Taco Bell with cantina-style architecture is shutting down in south Scottsdale, Ariz. FOX 10…
Wall Street is finally embracing crypto—but the real payoff will come when it embraces DeFi
The global financial system, or what we broadly refer to as TradFi (Traditional Finance), is a…
Nicole Kidman seeks residency in same Portugal retreat as British royals: report
Check out what’s clicking on FoxBusiness.com. Nicole Kidman and Keith Urban are among the many Hollywood…
Fed governors Bowman and Waller explain dissents in favor of interest rate cuts
A Mornings with Maria panel weighs in on the rally and melt-up in the markets, Big…
How Boeing is quietly betting on a ‘brilliant’ 39-year old engineer—and setting the stage for a turnaround
As an aeronautics grad student at MIT in the 2010s, Brian Yutko was obsessed. He’d work…
American jobs boom as foreign-born jobs decline under Trump administration
FOX Business correspondent Grady Trimble has the latest on the jobs data under President Donald Trump…
Top economist Brad DeLong to recent college grads: Don’t blame AI for job struggles—blame the sputtering economy
As recent college graduates face one of the toughest job markets in years, Berkeley economist and…
A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates
Fed Governor Adriana Kugler announced Friday she is stepping down from her position earlier than expected,…
How much is AI really replacing jobs? Goldman Sachs looks under the hood and has 3 takeaways to defuse the hype
There’s a lot of speculation, including in the pages of Fortune Intelligence, about the impact that…
OpenAI’s latest funding round was so popular early investors were reportedly miffed about being pushed aside to make room for new partners
Back in March, OpenAI announced a plan to raise up to $40 billion at a $300…
Trump calls Powell ‘stubborn moron’ over Fed interest rate policy
Federated Hermes CIO of Equities Stephen Auth weighs in on the markets, the Feds handling of…
Federal Reserve economists aren’t sold that AI will actually make workers more productive, saying it could be a one-off invention like the light bulb
A new Federal Reserve Board staff paper concludes that generative artificial intelligence (gen AI) holds significant…
Ferry boat crashes at Disney World during thunderstorms in Florida
A ferry boat crashed into a dock at Walt Disney World’s Transportation & Ticket Center on…
Coinbase earned $1.5 billion from Circle, investment earnings show
When Coinbase published its second-quarter earnings on Thursday, the results were ho-hum at best: a narrow…
Jaguar CEO steps down after controversial woke rebranding campaign
Sen. Eric Schmitt, R-Mo., on Iran’s refusal to give up on its nuclear enrichment dreams and…
The friendship premium: A majority of people would trade 20% in salary to work with close friends, KPMG survey finds
Workers crave companionship so much, in fact, survey results published Tuesday from audit, tax, and advisory…
McDonald’s plans to double down on AI globally by 2027
Check out what’s clicking on FoxBusiness.com. McDonald’s is ramping up its use of artificial intelligence to…
‘The Big Short’ investor: As Trump mounts new tariffs, economy is experiencing ‘stagflationary period’
Following the latest round of tariffs, it’s only a matter of time before the other economic…
NFL, ESPN strike mega media deal: report
Ohio’s governor calls for an end to prop betting; an air taxi company and defense firm…