Young Americans continued to make up the largest share of those transitioning into credit card delinquency in the second quarter, according to a report released by the New York Federal Reserve.Despite ticking down slightly from the previous quarter, the report showed that nearly 10% of credit card balances held by…

Disney settled a wrongful termination lawsuit on Thursday that was filed by former “Star Wars” actress Gina Carano, bringing to an end a years-long dispute. “I have come to an agreement with Disney/Lucasfilm @disney @Lucasfilm which I believe is the best outcome for all parties involved. I hope this brings…

The Biden administration vastly overestimated job growth during its final two years, pro-Trump economist Steve Moore said in a brief presentation from the Oval Office Thursday afternoon as he unveiled new unpublished Census Bureau data. Moore’s findings come amid the backlash President Donald Trump is facing for firing the head…

President Donald Trump announced on Thursday that he has selected Council of Economic Advisers Chairman Stephen Miran to join the Federal Reserve Board of Governors, the panel tasked with helping guide the nation’s monetary policy.  Trump said in a Truth Social post that Miran will serve in the role until…

Elon Musk escalated tensions in the critical artificial intelligence race Thursday, asserting his most advanced AI model, Grok 4 Heavy, was already outperforming OpenAI’s newly launched GPT-5 two weeks ago. “Bottom line though: Grok 4 Heavy was smarter 2 weeks ago than GPT5 is now and G4H is already a…

President Trump’s message to global chipmakers is: Manufacture in the United States, and you won’t be slapped with a hefty tariff.  “We’ll be putting a tariff on approximately 100% on chips and semiconductors. But if you’re building in the United States of America, there’s no charge, even though you’re building,…

EXCLUSIVE: A coalition of state financial officers is backing President Donald Trump’s new executive order aimed at halting “discriminatory debanking,” calling it a critical step toward restoring fairness and neutrality in the financial system. “For too long, federal regulators have weaponized the concept of ‘reputational risk’ to pressure financial institutions…

A massive data center that was slated for southern Arizona may be no more after a city council vote on Wednesday unanimously directed all staff to stop work. Dubbed “Project Blue,” the data center was supposed to be built on 290 acres in Pima County. The county’s board of supervisors…

FIRST ON FOX: The Federal Trade Commission (FTC) announced Thursday it had reached massive settlement agreements in a pair of lawsuits alleging two companies, Assurance IQ and MediaAlpha, misled consumers about healthcare services and bombarded them with robocalls. The combined settlements amount to $145 million and are part of a…

OpenAI unveiled GPT-5 on Thursday, calling it a significant upgrade from its predecessors and a major step forward in building the capabilities of large language models.  OpenAI CEO Sam Altman described the model as “like having a team of PhD-level experts in your pocket.” Altman also believes that GPT‑5 marks…