Business

Democratic socialist Sen. Bernie Sanders, I-Vt., is arguing that the federal government should establish a sovereign wealth fund that's financed by taking possession of half of the stock in AI giants like OpenAI, Anthropic and xAI, among others.Sanders wrote an op-ed in The New York Times on Sunday that AI companies built and trained their models using the creative work of millions of people to inform generative AI tools, mostly […]

An active lifestyle requires hydration, and it’s not just those moments during a workout each day. BODYARMOR Sports Drink, the leader in sports and active hydration, understands that concept more than most, which is why their latest innovation in the space, BODYARMOR FIT, has launched to give modern hydration to those everyday moments. Unlike its traditional sports drink, or their BODYARMOR Flash I.V., BODYARMOR FIT is a sparkling sports drink that molds […]

Although the artificial intelligence (AI) investment thesis is still young, some investors are already eyeing the next big thing in tech. They don't have to look far, and the next big thing may actually be two things: humanoid robots and physical AI.Fortunately, these aren't daunting concepts. As the name indicates, humanoid robots are modeled after us and designed to work alongside us, performing basic functions to enhance productivity. Those robots […]

As Americans continue to flee high-tax blue states for lower-tax destinations, Florida lawmakers have just passed what supporters describe as a major win for economic freedom.Moving to provide long-term property tax relief for residents, the Florida Legislature has cleared a historic, DeSantis-backed constitutional amendment for the November 2026 general election ballot that could eliminate non-school property taxes for many homeowners through a proposed $250,000 homestead exemption."I think it will be […]

Legal pressure is mounting on OpenAI as Florida pursues both civil and criminal investigations that state officials say could expose the company to potentially billions of dollars in damages.Florida Attorney General James Uthmeier joined FOX Business’ Stuart Varney on "Varney & Co." to discuss Florida’s lawsuit against OpenAI, the company behind ChatGPT, and what he described as evidence that the platform poses risks to children without stronger safeguards.The lawsuit comes […]

Amazon will hold its annual Prime Day sales event from June 23 through June 26 this year, moving one of its biggest shopping promotions out of its traditional July window as the retailer looks to capitalize on a crowded summer calendar.The shift comes as Amazon targets consumer spending around the FIFA World Cup, Independence Day and celebrations marking America’s 250th anniversary, according to a company executive.Prime Day generated $24.1 billion […]

Corporate leadership across America has seemingly lost faith in the current trajectory of the U.S. economy, swinging sharply from optimism to pessimism in just three months.The Conference Board Measure of CEO Confidence, in collaboration with The Business Council, conducted its quarterly survey of 141 CEOs and found that the overall score fell to 47 in Q2 from 59 in Q1. Any reading below 50 means negative outlooks outnumber positive ones.Only […]

Honda is recalling nearly 99,000 vehicles in the U.S. over a defect that could cause airbags to deploy unexpectedly during a crash.The recall covers an estimated 98,892 Honda and Acura vehicles from model years 2016 through 2026, according to a May 21 notice from the National Highway Traffic Safety Administration (NHTSA).Federal safety regulators said a front passenger seat weight sensor may crack and short-circuit over time. If the defect occurs […]

McDonald's announced on Monday that it's rolling out a new corporate strategy that aims to make its stores easier to run for franchisees.The announcement, called "McDonald's > NEXT," focuses on increasing automation, raising standards for hospitality, leaning on social media for marketing and making its food items taste better.It comes as the fast food giant tries to hold on to lower-income consumers who've cut back on restaurant visits amid years […]