Billionaire entrepreneur Peter Thiel says President-elect Trump and Vice President-elect JD Vance were not wrong when they pointed to immigration as a driver of high housing costs on the campaign trail, suggesting the concept is basic economics. During a recent interview on Bari Weiss’ “Honestly” podcast, Thiel noted that he…

The state of Michigan is on track to allow for the unionization of home health care workers, including caregivers aiding ill and infirm family members, starting next year in a move that critics say would hurt caregivers. The Democrat-controlled Michigan Legislature passed legislation that was signed by Democratic Gov. Gretchen Whitmer…

Blackstone is poised to become the majority owner of Jersey Mike’s through an acquisition that the investment firm announced on Tuesday. The investment firm, run by CEO Stephen Schwarzman, will hold a majority ownership stake in Jersey Mike’s through its “most recent flagship private equity vehicle and other funds it…

The Department of Justice argued on Wednesday that Google must sell its Chrome internet browser after a federal court ruled earlier this year that the company maintained an illegal monopoly over internet searches. U.S. regulators also argued Google must share data and search results with competitors, among other things, in…

Wireless electric vehicle (EV) charging is coming to a Southern California university’s streets with a hefty price tag that taxpayers are footing much of the bill for. The University of California, Los Angeles (UCLA) is partnering with CALSTART and Electreon Wireless, Inc. to implement the charging infrastructure part of the…

Boeing is set to lay off 2,199 workers in the state of Washington in the coming months, with some losing their jobs just days before Christmas. The aviation company notified the state of Washington of the cuts, according to FOX 13 Seattle. Another 220 people will lose their jobs in…

Federal officials discovered “significant violations” at Tom’s of Maine’s manufacturing facility, including using water contaminated with bacteria to produce some of its toothpaste.  The Food and Drug Administration (FDA) outlined such violations in a letter sent to Tom’s of Maine’s parent company, Colgate-Palmolive, earlier this month. The letter was made…

Lauren Sanchez kept it brief when responding to questions about her wedding planning with Amazon founder Jeff Bezos during an interview on the “Today” show. Sanchez, an Emmy-winning journalist and vice chair of the Bezos Earth Fund, appeared on the program to promote the recent $110 million donation she and…

Jaguar is facing backlash after announcing a rebrand of its luxury car company on Tuesday, with a longtime customer worrying the brand is headed in a “sad” and “troubling” direction. The British car brand turned heads on Tuesday with its release of a new ad, which featured a reimagined logo…

In what would be the first role of its kind, President-elect Trump is mulling a position dedicated solely to cryptocurrency policy, FOX Business has learned.  It’s unclear if the role would be a czar type or a White House staff role, but the individual would have the president’s ear, according…