Business

LARRY KUDLOW: Trump’s Iran Miracle

President Trump’s remarkable half-hour news gaggle covered so much ground and so knowledgeably. I doubt if there’s another president like it in my lifetime that could have done that. Mr. Trump’s message, as I heard it, is that the war in Iran is over. We have destroyed them militarily and…

Allbirds drops sneakers, reinvents itself as an AI infrastructure company

Allbirds on Wednesday announced that the company will pivot from making sneakers to providing computing infrastructure for artificial intelligence (AI). The San Francisco-based company said it will execute a $50 million convertible financing agreement with an institutional investor to begin acquiring graphics processing units (GPUs), which can be used to…

Tax fight heats up as New York targets wealthy homeowners

A growing push for higher taxes on wealthy homeowners in New York is intensifying the debate over how far states should go to raise revenue, as policymakers weigh the broader economic impact on investment, housing and taxpayer behavior. FOX Business’ Connor Hansen joined FOX Business’ Stuart Varney on “Varney &…