Sen. Tim Scott, R-S.C., warned that Democratic opposition to cryptocurrency market structure legislation risks standing in the way of America’s ability to lead the next evolution of financial markets. Scott, chairman of the Senate Banking Committee and one of the bill’s lead sponsors, joined FOX Business’ Taylor Riggs on “Mornings…

The Federal Reserve is holding a closely watched monetary policy meeting this week as the market expects the central bank to hike interest rates amid concerns about stubborn inflation. Policymakers have held interest rates steady at all five meetings held by the Federal Open Market Committee (FOMC) this year, with…

Philadelphia cream cheese is tapping into Americans’ growing appetite for sweet-and-spicy foods with a new product developed alongside Mike’s Hot Honey. Kraft Heinz said Philadelphia Mike’s Hot Honey Whipped Cream Cheese, which combines the brand’s whipped cream cheese with chili pepper-infused honey, has launched exclusively at Walmart stores. The product…

Costco has raised the price of motor oil sold under its exclusive private-label Kirkland brand and is now limiting how much customers can purchase weekly amid rising oil prices. A 10-quart case of Kirkland Signature full synthetic motor oil is now $58, according to Costco’s website, after previously selling for…

Nvidia CEO Jensen Huang received a surprise phone call from President Donald Trump on Monday, in which the president dismissed fears that AI poses an existential threat to humanity and argued against calls to slow frontier AI development. While speaking on stage at the All-In Summit in Los Angeles, Huang…

The Treasury Department on Monday night will release a video of top CEOs praising the Trump administration’s vision for business growth. FOX Business obtained the roughly one-minute video featuring a series of interview clips made at the G20 ministerial meeting in Asheville, North Carolina, on Aug. 31 and Sept. 1.…

OpenAI CEO Sam Altman outlined two scenarios that he sees could derail progress in developing artificial intelligence (AI) and must be avoided. Altman wrote in a Sunday night post on X that the two areas of concern involve the loss of control over AI’s alignment, or the concentration of too…

When it comes to the frontiers of Artificial Intelligence, I’m surely not your run-of-the-mill expert. I have some sense of models, agents, and bots. And I think I understand concerns that rogue AI agents can break free of their human instructions, or what the industry sometimes calls “misalignment.” Yes, humans…

Artificial intelligence could become a powerful economic engine for American communities, but a tech CEO warns that allowing a handful of companies to dominate the technology could lead to a much darker outcome. Patmos CEO John Johnson joined FOX Business’ Stuart Varney on “Varney & Co.” to discuss the race…

Microsoft on Monday revealed a draft of a new “Humanist AI Code of Conduct” that outlines the principles that will govern its development of AI models in an effort to get feedback ahead of publishing a revised version later this year. The company said the “Humanist AI Code of Conduct”…