Business

The leaders of two of America’s largest gig-economy companies refreshed their support for key provisions in President Donald Trump’s "Big Beautiful [Budget] Bill" currently matriculating through the House of Representatives.Uber CEO Dara Khosrowshahi tweeted his support for the "No Tax on Tips" section Wednesday, after the House Ways & Means Committee held a marathon, overnight hearing to approve the legislation – and disapprove of several Democratic amendments.Khosrowshahi praised Chairman Jason […]

A new report from the New York Federal Reserve found that while Americans' credit card debt is falling, an uptick in student loan delinquencies is causing credit scores to decline.The New York Fed's Center for Microeconomic Data released a quarterly report which showed overall household debt rose by $167 billion – with credit card debt declining by $29 billion. The report noted that the pattern of credit card debt declining is […]

United Airlines announced on Tuesday that its new Boeing 787-9 aircraft will offer a larger upgraded selection of premium business class seats and two new business class suites called the United Polaris Studio.Specifically designed for long-haul international flights, the suites will be positioned at the front of each business class section and will be 25% larger than the current premium business class seating. They will feature 27-inch 4K OLED seatback […]

More retirement savers are about to see private markets investments in their portfolios.The 401(k) giant Empower will start allowing private credit, equity and real estate in some of the accounts it administers later this year. The firm announced Wednesday that it has joined with seven firms to offer these investments, including Apollo Global Management and Partners Group.Wall Street firms have been pushing to get private investments into the hands of […]

The U.S.’ artificial intelligence boom and collective need to beat China will not only take the best and brightest minds, but an even more powerful and reliable energy grid free of political posturing.That’s the view from Power the Future and its founder, Daniel Turner, who will publish a thoroughly researched whitepaper on the matter and share his findings with the Trump administration and other stakeholders."We keep making this comparison to […]

Waymo recalled roughly 1,200 driverless vehicles due to software issues detecting and responding to chains, gates and other similar roadway barriers.The autonomous driving company has already put out updated software for the automated driving systems (ADS) in the recalled 1,212 driverless Waymo vehicles to remedy the problem, all of which received the update by Dec. 26, according to a recall report submitted Monday to the National Highway Traffic Safety Administration […]

Advanced Micro Devices on Wednesday announced a new $6 billion stock buyback plan, joining a string of chipmakers that are looking to reduce their float as the AI trade that has powered their shares shows some signs of slowing.Shares of the Santa Clara, California-based company rose as much as 6.4%. Its shares have fallen more than 6% so far this year, compared with a less than 1% drop for the […]

The busy summer travel season will soon get underway at a time when consumer wallets continue to be stretched. Spending on the right credit card, though, could enable people to stretch their budgets by helping them earn deep discounts and valuable perks. Several travel experts told FOX Business that the "best travel credit card" doesn't exist, but rather depends on someone's travel style and home airport. There are a number of […]

The White House on Wednesday announced that it has secured economic commitments worth at least $1.2 trillion from Qatar, including a historic deal for Boeing jetliners.President Donald Trump was in Qatar on the second stop of his Middle East trip and the White House said he "signed an agreement with Qatar to generate an economic exchange worth at least $1.2 trillion." That figure includes "economic deals totaling more than $243.5 […]