Business
Six Flags Magic Mountain said Tuesday it is permanently closing the famed X2 roller coaster after multiple lawsuits alleged some riders were left with serious brain injuries. The Southern California theme park said it was retiring the ride for good after nearly 20 years. The announcement comes about a month…
This is a story about the final reading of second-quarter gross domestic product. Please check back for updates. The U.S. economy grew at a stronger pace than expected in the second quarter, according to the Commerce Department’s estimate.The Bureau of Economic Analysis (BEA) on Wednesday released its final reading of second-quarter GDP,…
As voter support for California’s proposed “billionaire tax” plummets below 50%, top luxury real estate titan Aaron Kirman is sounding the alarm, warning that the mere threat of Proposition 40 is freezing high-end transactions and driving California’s top job creators to the exit doors. “We think this proposal is disastrous…
Homebuyers are still facing affordability headwinds due to elevated mortgage rates despite sellers increasingly cutting prices, a new report from Realtor.com shows. Realtor.com’s latest monthly housing report showed that the share of listings with price cuts reached the highest level for the month of September on record, with 20.8% of…
Thousands of bottles of blood pressure medication are being recalled nationwide after the products failed quality testing, according to the Food and Drug Administration. India-based Inventia Healthcare Ltd. initiated a voluntary recall for 13,567 bottles of the 25-milligram dosage chlorthalidone tablets because they don’t dissolve properly, according to the FDA…
AT&T has entered into a major fiber supply deal with Corning as the telecom giant prepares its network for growing data demand and the increasing bandwidth needs of artificial intelligence. Corning Chairman, CEO and President Wendell Weeks and AT&T Chairman and CEO John Stankey joined FOX Business’ Liz Claman on…
President Donald Trump on Tuesday signed an executive order directing the federal government to replace the term “artificial intelligence” with “Super Intelligence” across the executive branch, cementing a rebranding effort he has championed in recent weeks. Signed after a White House summit with leading technology executives, the order directs federal…
A recall was issued for more than 2,300 pounds of raw, frozen pork breakfast sausage over a potential plastic contamination, according to federal officials. Illinois-based Fontanini Foods LLC recalled about 2,320 pounds of raw, frozen pork breakfast sausage links that may be contaminated with foreign material, specifically clear, hard plastic, the…
For those doomsters who believe the GOP is going to get clobbered in the midterm election, you ought to listen to Treasury Secretary Scott Bessent. He is the best Treasury Secretary since World War II. He is a tremendous proponent on the economy, trade, and Communist China, and an imminent…
Buc-ee’s is eyeing its first stop in the Sooner State, with Oklahoma City’s mayor announcing Tuesday that talks are heating up to bring the popular Texas-based chain to town. Mayor David Holt said the company is in “very active conversations” with the city about a location at Interstate 40 and…