Business

Walmart is cutting or relocating jobs as the world's largest retailer undertakes an effort to simplify its operating structure.The Wall Street Journal on Tuesday reported that Walmart is laying off or relocating roughly 1,000 corporate workers, according to people familiar with the situation."We've made changes to simplify how the work is organized, make ownership clearer, and better align roles to the work and skills we need going forward," Walmart head […]

Social Security beneficiaries are expected to see a larger cost-of-living adjustment (COLA) next year amid rising inflation, according to new reports.An analysis by The Senior Citizens League (TSCL) predicts that the 2027 COLA will be 3.9%, which would represent an increase of 1.1 percentage points from this year's 2.8% COLA. TSCL's previous prediction for the 2027 COLA was 2.8% in its February and March estimates. TSCL estimates that the average Social […]

Papa John’s is teaming with Alphabet-owned drone company Wing to test autonomous food delivery in North Carolina, marking a new push by major restaurant chains into AI-powered logistics.The pilot, launching in the Charlotte area, will allow customers near Sun Valley Commons in Indian Trail to order select Papa John’s menu items through the Wing app for drone delivery. The initial offering will focus primarily on oven-toasted sandwiches.Executives say the partnership […]

Coinbase CEO Brian Armstrong said a major cryptocurrency bill, the Clarity Act, moving through the Senate could reshape how Americans interact with money and financial markets as lawmakers work toward a potential Senate floor vote in the coming months.Armstrong joined FOX Business’ Maria Bartiromo on "Mornings with Maria" to discuss the legislation, which aims to establish clearer regulatory rules for digital assets. The bill includes new compromises tied to stablecoin […]

No matter what he’s doing, the second Shohei Ohtani steps on dirt from the dugout, all eyes are watching the face of Major League Baseball. And the foot that touched the dirt has a distinct "NB" written across the cleat. It’s New Balance, the footwear and apparel brand that has grown into one of the most influential names in baseball.CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COMNew Balance’s growth in the category is […]

It’s already less than one month until the 2026 FIFA World Cup kicks off in the United States, Mexico and Canada, and one top beverage company is celebrating the biggest tournament in sports in a very unique way. Miller Lite is debuting a first-of-its-kind Matchball for the World Cup’s true MVPs — the fans. The limited-edition Miller Time MVP Matchball, a white and gold ball 1.5 times larger than a regulation-size ball […]

Inflation surged in April as consumer prices rose amid the impact of the Iran war on the energy market and broader economy.The Bureau of Labor Statistics on Tuesday said that the consumer price index (CPI) – a broad measure of how much everyday goods like gasoline, groceries and rent cost – rose 0.6% from a month ago and is 3.8% higher than last year. That's the highest level since May 2023.The […]

President Donald Trump is slated to visit China this week, and according to a White House official, business figures including Elon Musk, Apple CEO Tim Cook and more than a dozen others will travel to China with the U.S. delegation.Blackrock CEO Larry Fink, Boeing CEO Kelly Ortberg, and Goldman Sachs CEO David Solomon are some of the other figures listed.TESLA RECALLS MORE THAN 218K VEHICLES OVER REARVIEW IMAGE ISSUE THAT […]

Amazon is rolling out 30-minute delivery across dozens of U.S. cities, marking its fastest shipping option yet as the retail giant continues to accelerate its push into ultra-fast fulfillment.The new service, called Amazon Now, will deliver thousands of items — including groceries, household essentials and electronics — to customers’ doors in about 30 minutes.The offering is now available in Seattle, Philadelphia, Dallas-Fort Worth and Atlanta, and is expanding to additional […]