Business
Beach towns in Delaware are attracting a growing number of retirees as the region emerges as an alternative destination to more prominent locations like Arizona and Florida, and it’s straining local resources. A new report by Bloomberg notes retirees are flocking to Sussex County in southern Delaware, which has seen…
A White House teleprompter operator who used advance access to President Donald Trump’s speeches to bet on what the president would say has been ordered to pay nearly $173,000 and stop trading for three years, federal regulators announced Friday. The Commodity Futures Trading Commission (CFTC) said Gabriel Perez, Trump’s teleprompter…
Apple raised its streaming price for Apple TV on Friday, up from $12.99 to $14.99 per month or $119 a year when it used to cost $99. Apple also raised the price of its Apple One service, which combines Apple TV, as well as other services such as iCloud storage,…
Walmart has agreed to pay a $50 million settlement over allegations its pharmacies were illegally filling thousands of prescriptions for opioids and other controlled substances, according to the Department of Justice (DOJ) and Drug Enforcement Administration (DEA). The government complaint, first filed at the end of President Donald Trump’s first…
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…