Business
Honda is recalling more than 635,000 vehicles in the U.S. because of a software defect that could cause drivers to lose power steering assistance, increasing the risk of a crash. The recall affects 635,808 Honda and Acura vehicles, including certain Honda Pilot SUVs and Acura MDX and TLX models, according…
Gasoline prices fell to their lowest level since July on Tuesday, with the national average price slipping below $4 a gallon for the first time in months. Data from AAA showed that the national average price dropped about 3 cents per gallon from Monday’s report, with the average slipping to…
Months before reports of the affair between Nvidia CEO Jensen Huang and alleged Chinese spy Alice Huang surfaced, a short seller noted the “uncomfortably close relationship” between the two. A report titled “NVIDIA (NVDA): The China Problem” was published by Culper Research in May 2026, and although it didn’t directly…
California’s push to make housing more affordable is facing a familiar obstacle: getting new homes built, even as state laws seek to encourage development. Macro Trends Advisors founding partner Mitch Roschelle told FOX Business’ Stuart Varney on “Varney & Co.” about the bureaucratic hurdles facing California builders and how the…
Amazon introduced an indoor security drone made by Ring, offering a flying camera to monitor areas stationary devices cannot reach, the company announced Tuesday.The company also unveiled the Ring Rover Cam, an autonomous security robot for businesses that patrols, investigates disturbances, and streams up to 4K video. Both devices are…
California voters rejected Proposition 40, a proposed wealth tax on the net worth of billionaires, spurning a ballot proposition that would have imposed a one-time 5% tax on any Californian whose net worth exceeded $1 billion. With 100% of precincts reporting results as of Monday evening, 52.8% of Californians who…
Inflation accelerated in October as the pace of consumer price growth trended higher.The Bureau of Labor Statistics (BLS) said on Wednesday that the consumer price index (CPI) – a broad measure of how much everyday goods like gasoline, groceries and rent cost – increased 0.4% on a monthly basis. It did not…
Anthropic, the artificial intelligence company behind the Claude chatbot, is seeking a valuation of up to $1.02 trillion in a blockbuster initial public offering, falling short of earlier expectations as Wall Street grows increasingly cautious about the enormous costs fueling the AI boom. The San Francisco-based company plans to raise…
The Energy Department is touting a $480 million loan meant to help boost oil and natural gas production in the Gulf of America. “The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) today announced the financial close of a $480 million loan for Arena Energy’s Project Elkhorn to increase oil and natural gas production across the Gulf…
Adobe and Google are announcing an AI-focused strategic partnership on Tuesday that will deepen the integration of the two companies’ products. The two companies plan to bring Adobe tools into more Google apps, and also incorporate Google Deep Mind’s AI models into more Adobe apps. For example, Acrobat will be…