Hyundai Motor Group’s luxury brand Genesis is launching a new electric SUV with more than 300 miles of estimated range and a cabin packed with technology.  The new GV90 is expected to travel about 310 miles on a full charge. Genesis says its battery can charge from 10% to 80%…

The U.S. national debt hit the $40 trillion threshold, and about one-fourth of that debt has been incurred while President Donald Trump has been in office. Spending by the federal government has accelerated dramatically as the U.S. population has aged, with increased enrollment in Social Security and Medicare pushing spending…

Federal agencies are warning that hackers are actively targeting industrial control systems used across U.S. water plants, factories, energy facilities and other critical infrastructure. The NSA, FBI, Department of Energy, EPA and Cybersecurity and Infrastructure Security Agency said Wednesday there is an “active threat” targeting Siemens S7 Series programmable logic…

The U.S. economy is currently “worse” than when former President Joe Biden departed office last year, economic and political commentator Peter Schiff asserted, warning that the nation faces the “threat” of a Democratic socialist winning the White House during the 2028 presidential election. President Donald Trump is “unpopular because the…

Mortgage rates fell for the second week in a row, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage fell to 6.65% from last week’s reading of 6.67%. The average rate on a 30-year loan…

Walmart’s e-commerce sales grew in the second quarter across its major business segments. Global e-commerce sales rose 23%, led by store-fulfilled pickup and delivery and its online marketplace, according to the company’s Q2 earnings report released Thursday.The gains were even stronger in the U.S., where e-commerce sales increased 24%, with…

The Treasury Department on Thursday moved forward with new rules for investments in Trump Accounts that aim to exclude investment funds rooted in environmental, social and governance (ESG) criteria, FOX Business has learned. The rules restricting ESG funds from being included in Trump Accounts come alongside other rules ensuring that…

A new report by Wells Fargo spotlights how GLP-1 weight loss drugs are reshaping the healthcare industry by addressing obesity. Wells Fargo released a report Thursday which notes that much of the American healthcare system has been structured around obesity, given it has become a foundational condition in the country…

The founder of the world’s most-indebted property developer was sentenced to life in prison in China for fraud and bribery – five years after his China Evergrande Group collapsed, roiling the Chinese economy and financial markets. Hui Ka Yan, 67, was convicted in a court in the southern city of Shenzhen on…

Walmart has received nearly $3 billion in tariff refunds and says it will use some of the benefit to help keep prices low for shoppers, while the windfall also gave quarterly profit growth a significant boost. The company said it “prioritized investment in price” after receiving refunds tied to tariffs…