Business
President Donald Trump announced a major oil agreement with Venezuela on Friday, saying the U.S. has secured majority control of more than 65 billion barrels of the country’s proven oil reserves. “The United States of America has just entered into an Agreement with the Country of Venezuela on, THE BIGGEST…
Federal Reserve Chair Kevin Warsh on Friday delivered his first keynote address at the annual Jackson Hole Symposium on monetary policy, outlining his views of the economy and his perspective on why he thinks the central bank’s forward guidance should be reined in. Warsh emphasized that the Fed is focused…
The social media platform X announced that it performed a probe regarding “suspected Chinese inauthentic accounts” participating in influence efforts, uncovering a bot farm of around 200,000 accounts, of which 200 accounts were posting in a way that could distort true debate regarding U.S. artificial intelligence and energy policy. “The…
From growing up poor and fatherless in a tough Italian neighborhood in Buffalo, New York, likened to that of the film “Goodfellas,” to building a Burger King franchise empire in the mountainous West of Utah, John Gullo’s story is a quintessential example of the classic rags-to-riches tale. Yet for this…
Federal Reserve Chair Kevin Warsh on Friday delivered his first keynote at the annual monetary policy conference in Jackson Hole, Wyoming, against a backdrop of uncertainty over inflation, as well as how he will guide policymakers as they consider interest rate moves. Warsh’s speech comes as the Federal Reserve has held interest…
FIRST ON FOX: A new policy report warns that the AI data center boom could drive up the cost of laptops, smartphones, cars and other everyday products as chipmakers shift scarce memory-chip capacity toward more profitable AI applications. The report, published by the Abundance Institute and first viewed by Fox…
The massive cyclosporiasis outbreak linked to iceberg lettuce and thousands of illnesses has expanded to three new states, federal health regulators announced Thursday. The Food and Drug Administration (FDA) said the outbreak, which has been linked to hundreds of hospitalizations and two deaths since illnesses were first reported in July,…
Dunkin’ and BARK opened their first-ever official dog drive-thru experience in Quincy, Massachusetts for National Dog Day. At the Dunkin’ in Quincy for one day only on Wednesday, one drive-thru lane remained open for guests, while the second lane was reserved for dogs to enjoy dog treats and limited-edition BARK…
A Chinese startup is giving the humble bug zapper a sci-fi glow-up, betting Americans will shell out nearly $1,000 for a laser-equipped machine that hunts mosquitoes in midair. Photon Matrix is selling an indoor version of its laser mosquito air defense system for $988, while its outdoor blue laser model…
A California McDonald’s employee allegedly shot a co-worker inside the restaurant Monday morning before the armed suspect was killed when responding officers confronted him, authorities said. The Lodi Police Department said officers responded to the McDonald’s on West Lodi Avenue at approximately 9:30 a.m. after dispatchers received a report of…