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Business

GOP billionaire reveals whether he would back Vance or Rubio in 2028

Asked by media figure Andrew Ross Sorkin on Wednesday whether he would back Secretary of State Marco Rubio or Vice President JD Vance in a 2028 Republ...

Business

FDA moves to expose hidden foreign drug factories, strengthen domestic production in sweeping rule proposal

The Food and Drug Administration is moving forward with a regulatory overhaul to limit U.S. reliance on foreign drugs and cut red tape to allow Americ...

Business

Consumers shouldn't expect prices to fall anytime soon, top economist warns

American consumers hoping for a swift end to years of inflationary pressures are facing a harsh reality check.While recent relief at the gas pump offe...

Business

California city pushes for drive-thru ban after neighbors sounded alarm over burger chain's proposed addition

A California city is weighing a ban on drive-throughs after some residents expressed concern that a proposed In-N-Out could hurt air quality, worsen t...

Business

Micron CEO says AI boom drives 'unprecedented' memory demand as company invests $250B

Micron CEO Sanjay Mehrotra detailed the company’s new $250 billion U.S. investment as the chip-making giant responds to surging demand for memory stor...

Business

OpenAI unveils ChatGPT Work to automate workplace tasks as AI race intensifies

OpenAI on Thursday unveiled a new enterprise offering called ChatGPT Work, which is designed to leverage the popular chatbot to carry out and automate...

Business

Costco hit with lawsuit alleging protein powder sold in stores contains 'dangerous' levels of lead, arsenic

Costco has been hit with a class action lawsuit alleging that one of the products it sells contains "dangerous" levels of heavy metals, including lead...

Business

LARRY KUDLOW: The socialist-communist Democratic dog won’t hunt come November in the Midterms

President Trump gave three brilliant speeches over July 4th weekend. First at the freedom and faith convention, then at Mount Rushmore, and then on Ju...

Business

Millions of prescription eye drops recalled nationwide over contamination concerns

More than 2.5 million bottles of a prescription steroid eye medication are being recalled nationwide after the Food and Drug Administration classified...

Business

Kia issues new recall of 460,000 vehicles after previous fix to fire risk failed

Kia is issuing a new recall of more than 460,000 vehicles over a fire risk after an earlier recall affecting the same vehicles failed to resolve the p...

Business

Mortgage rates tick slightly higher but remain near 6.5%

Mortgage rates moved slightly higher this week but have remained relatively steady in recent weeks, mortgage buyer Freddie Mac said on Thursday.Freddi...

Business

Trump turns NATO spending fight into win for US defense companies

President Donald Trump is returning from the annual NATO summit in Turkey having secured several deals involving allies investing in U.S. defense comp...