Google co-founder Sergey Brin is continuing his foray into California politics with a newly reported donation to a group fighting against a proposed tax in San Francisco that would hit companies with high-paid executives in the tech hub. A political contribution filing submitted on Wednesday revealed that Brin donated $500,000…

Hard-working Americans could soon face another blow at the checkout counter. Retail giant Walmart issued a warning Thursday after its Q1 earnings report, signaling that rising fuel costs could soon hit consumers at the checkout counter as seasonal tax-refund boosts dry up and inflation outpaces wages for the first time…

A top U.S. defense contractor pulled back the curtain on next-generation AI-powered systems designed to hunt down and destroy swarms of enemy drones as the U.S. rapidly expands its next-generation warfighting capabilities. “We are inserting technology of all types into our systems,” Lockheed Martin CEO Jim Taiclet told FOX Business…

Detroit’s historic bankruptcy case — the largest municipal bankruptcy in U.S. history — has officially closed more than 13 years after the city first sought Chapter 9 protection amid a financial collapse that reshaped the city’s finances, pensions and long-term fiscal strategy. U.S. Bankruptcy Judge Thomas Tucker granted the city’s…

EXCLUSIVE: Rep. Nick Begich, R-Alaska, is unveiling the American Reserve Modernization Act to establish a U.S. strategic bitcoin reserve in an attempt to diversify America’s reserves balance sheet. This bill, which is receiving bipartisan support, would establish the reserve within the Treasury Department with a separate digital asset stockpile for…

Seattle Mayor Katie Wilson is walking back earlier comments urging consumers to boycott Starbucks, as tensions grow over Seattle’s relationship with major employers and the coffee giant expands its footprint outside Washington state. Wilson, a democratic socialist elected last year on a progressive, labor-backed platform, told The New York Times…

close video U.S. efforts to crack down on Iran’s growing use of cryptocurrency are intensifying as officials work to cut off financial channels tied to the regime as tensions rise in the Middle East. BESSENT SAYS US SEIZED NEARLY $500M IN IRANIAN CRYPTO AS OPERATION ECONOMIC FURY SENDS REGIME INTO…

Sporting brand powerhouse Fanatics and American Express announced Wednesday a partnership that will allow Amex users to tap into their sports fandom. The bank holding company is now the Official Payments Partner across select Fanatics online and retail locations worldwide and a presenting sponsor at Fanatics Fest, one of the world’s premier sports fan…

Federal Reserve policymakers were concerned about high energy prices contributing to inflationary pressures in the economy when they held interest rates steady last month, the minutes from the meeting show. The Federal Open Market Committee (FOMC), the Fed panel responsible for monetary policy decisions, released the minutes of policymakers’ April…

Trader Joe’s is expanding its footprint with 25 new locations across 14 states, adding to its previously announced growth pipeline, the company said. The popular California-based grocery chain announced Wednesday that nine additional stores are now in development, bringing the total slate of upcoming openings to more than two dozen.All…