Business

Pardon me from again borrowing from my G20 interview with Treasury Secretary Scott Bessent. Yet I really want to repeat my view that the most powerful news story, however unreported, is the emergence of an economic boom that is now cutting across every sector of the landscape. And here is…

Zoox announced Thursday that its driverless robotaxis will begin transporting passengers to and from Harry Reid International Airport in Las Vegas, marking the company’s first airport service. The Amazon-owned company told FOX Business that, beginning Thursday, riders can book trips between Harry Reid International Airport and the Las Vegas Strip.”Bringing…

OpenAI on Thursday unveiled GPT-6 Astra, a new artificial intelligence (AI) model the tech company says features major improvements in computer use, coding, scientific research and professional work. The San Francisco-based company said Astra is rolling out starting Thursday to enterprise customers with Daybreak access. In the coming days, it…

Mortgage rates rose to the highest level in more than a year, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 6.71% from last week’s reading of 6.66%. It was the highest…

Nvidia announced Thursday that it will buy AI developer platform Hugging Face in a deal valued at approximately $12.9 billion. The chipmaker is betting that growing demand for the open-source AI models hosted on Hugging Face will fuel future growth, even as some of Nvidia’s largest customers develop their own…

Southwest Airlines on Wednesday unveiled plans to debut its first-ever network of airport lounges, with work underway on the first lounges due to open in late 2027. The airline announced that four Southwest lounges will open in late 2027, with those locations including Austin, Baltimore, Honolulu and Nashville.Southwest’s announcement also…