Business

BMW recalls nearly 30K vehicles over engine starter defect that could cause fire

BMW is recalling nearly 30,000 vehicles over an engine starter issue that could pose a fire risk, according to federal regulators. The recall affects 29,119 plug-in hybrid sedans, including 2018-2020 BMW 530e xDrive, 2018-2020 BMW 530e iPerformance, 2017-2019 BMW 740Le xDrive and 2016-2018 BMW 330e iPerformance vehicles.According to the National Highway…

LARRY KUDLOW: Has Goldilocks returned?

Once again Wall Street was surprised by a deflationary wholesale price report where the level of the so-called producer price index actually dropped by three-tenths of a percent. And it’s worth noting that after rising 1.1 percent in April, the PPI eased to 0.6 percent in May. And then the…

Dave & Buster’s moves further into nightlife with nationwide rave series

Dave & Buster’s is taking its arcade experience deeper into nightlife with a new nationwide rave series. The restaurant and entertainment chain is teaming up with events company Brownies & Lemonade for Rave & Buster’s, a seven-city tour featuring surprise guest headliners and multi-genre music lineups, according to an Instagram…

California grocery prices could rise as plastic packaging law takes effect

California consumers could soon see higher grocery bills as the state begins implementing a sweeping packaging law that shifts recycling costs from taxpayers to manufacturers – expenses some businesses warn could eventually be passed on to shoppers. Beginning next month, California will start collecting preliminary fees under the state’s Plastic…

New York’s AI data center pause sparks warnings US could lose ground to China

New York’s decision to pause the construction of large artificial intelligence data centers is drawing criticism from some lawmakers and energy officials, who argue the move could weaken the United States’ ability to compete in the global AI race while encouraging investment to move elsewhere. FOX Business’ Madison Alworth joined…