BMW plans to recall 27,720 cars across three model lines over a driveshaft issue that could result in the vehicle rolling away. The recall impacts vehicles in the luxury car manufacturer’s 5 Series, 7 Series, and 8 Series, according to filings made with the National Highway Traffic Safety Administration (NHTSA).The…

A multistate salmonella outbreak linked to fresh jalapeño peppers has sickened 431 people and hospitalized 57 across 32 states, according to federal health officials. The latest figures represent an increase of 86 illnesses, 21 hospitalizations and five states since the outbreak stood at 345 cases and 36 hospitalizations across 27…

Starbucks is laying off over 200 corporate workers as it moves forward with the turnaround strategy that it began two years ago under CEO Brian Niccol. The coffee giant on Thursday published a layoff notice under the WARN Act, clarifying plans to cut over 200 corporate roles after it previously…

Hyundai Motor Group’s luxury brand Genesis is launching a new electric SUV with more than 300 miles of estimated range and a cabin packed with technology.  The new GV90 is expected to travel about 310 miles on a full charge. Genesis says its battery can charge from 10% to 80%…

The U.S. national debt hit the $40 trillion threshold, and about one-fourth of that debt has been incurred while President Donald Trump has been in office. Spending by the federal government has accelerated dramatically as the U.S. population has aged, with increased enrollment in Social Security and Medicare pushing spending…

Federal agencies are warning that hackers are actively targeting industrial control systems used across U.S. water plants, factories, energy facilities and other critical infrastructure. The NSA, FBI, Department of Energy, EPA and Cybersecurity and Infrastructure Security Agency said Wednesday there is an “active threat” targeting Siemens S7 Series programmable logic…

The U.S. economy is currently “worse” than when former President Joe Biden departed office last year, economic and political commentator Peter Schiff asserted, warning that the nation faces the “threat” of a Democratic socialist winning the White House during the 2028 presidential election. President Donald Trump is “unpopular because the…

Mortgage rates fell for the second week in a row, 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 fell to 6.65% from last week’s reading of 6.67%. The average rate on a 30-year loan…

Walmart’s e-commerce sales grew in the second quarter across its major business segments. Global e-commerce sales rose 23%, led by store-fulfilled pickup and delivery and its online marketplace, according to the company’s Q2 earnings report released Thursday.The gains were even stronger in the U.S., where e-commerce sales increased 24%, with…

The Treasury Department on Thursday moved forward with new rules for investments in Trump Accounts that aim to exclude investment funds rooted in environmental, social and governance (ESG) criteria, FOX Business has learned. The rules restricting ESG funds from being included in Trump Accounts come alongside other rules ensuring that…