Record-high diesel prices are squeezing American farmers during harvest season, raising the risk that higher production costs could eventually hit consumers at the grocery store. Pivot Bio CEO Chris Abbott joined FOX Business’ Taylor Riggs on “Mornings with FOX Business” to discuss how rising diesel and fertilizer costs are pressuring…

Lowe’s announced Thursday that it is rolling out a drone delivery pilot in North Carolina, saying it is the first home improvement retailer to offer shoppers the service. The pilot is now live at a Lowe’s store in Matthews, North Carolina, where eligible customers can order select products through the…

Banks are warning that using artificial intelligence (AI) agents for online shopping could increase the risk of scams, fraud and data privacy breaches affecting consumers. The warning was issued in a report by a group of banks including Bank of America, Capital One, the UK’s NatWest, New Zealand’s ASB Bank,…

Canada’s push to expand its economic relationships around the world should not be mistaken for a retreat from the U.S., a leading Canadian business voice told FOX Business, warning that continued uncertainty over North American trade risks creating a “capital chill” that could weigh on investment. Goldy Hyder, president and…

Oil prices will rise even higher regardless of whether the Iran war ends, U.S. economic and political commentator Peter Schiff predicted during an interview with Fox News Digital on Wednesday, noting that he expects an economic “downturn.” Schiff, chief economist and global strategist of Euro Pacific Asset Management and host…

close video Mortgage rates rose to more than 7% for the first time since January 2025, 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 rose to 7.03% from last week’s reading of 6.95%.The…

Exclusive: Google on Thursday announced a new initiative to partner with veterans groups to help 25,000 veterans, service members and military spouses enter the skilled trades, according to an announcement viewed by FOX Business. Google’s announcement will feature a partnership with several prominent organizations that serve veterans around the nation,…

Starbucks announced plans to close roughly 250 stores across North America this week, company COO Mike Grams revealed Thursday. “We have carefully reviewed our North America coffeehouse portfolio and identified locations where we do not believe we can consistently deliver the experience we want for customers and partners or where…

Bank of America is expanding its skills-based hiring efforts, announcing Thursday that it will hire 1,000 additional apprentices over the next two years while investing $150 million in workforce development programs. The Charlotte, North Carolina-based bank said the new apprenticeship positions will span consumer banking, technology, operations and other business…

As U.S. leadership in artificial intelligence (AI) and the semiconductor industry remains a central economic and national security issue, Advanced Micro Devices (AMD) Chair and CEO Lisa Su said she will attend President Donald Trump’s state dinner for Chinese President Xi Jinping. “I’m honored to say that I will be…