Business

Marine veteran turns Iraq War lessons into fraud-fighting tech

FIRST ON FOX: The origins of a fraud-fighting technology now used by one of the world’s largest insurers trace back to a deadly insider attack during the Iraq War. Clearspeed founder Alex Martin was serving in the Marine Corps when his close friend, Capt. Warren Frank, was killed by an…

Two major drug companies are the latest to join TrumpRx

Exclusive: The White House is expecting to announce an expansion of the drugmakers offering discounts on TrumpRx.gov, FOX Business has learned. As early as today, Amgen and GSK will be added to the list of prescription drug manufacturers offering discounts on the government website. That makes a total of 54…

Google commits B to North Carolina data centers as AI demand surges

Google on Friday announced it will invest $1 billion within the next two years to expand its data center infrastructure in North Carolina. The investment will focus on the expansion of a data center facility in Lenoir, North Carolina. Google has had a presence in the area for 15 years between…

Egg prices plunge as avian flu impact eases, but risks remain

Egg prices have declined rapidly over the last year as the market normalizes following a significant avian flu outbreak that began in 2022, though the threat of a resurgence in the virus could lead to volatility later this year. The Bureau of Labor Statistics (BLS) on Wednesday reported the consumer price…

Builders’ blueprint to tackle the US housing crisis

Home prices are still climbing, even as mortgage rates have eased slightly and inventory shows early signs of improvement, underscoring just how tight the U.S. housing market remains. The median sales price for all existing homes last month hovered just below $400,000, marking the 32nd consecutive month of year-over-year price…

US economic growth revised lower in fourth quarter

This is a developing story about the second reading of fourth-quarter gross domestic product growth. Please check back for updates. The U.S. economy grew at a slower rate than previously thought in the fourth quarter after the Commerce Department released its first revision of real gross domestic product (GDP) growth for…