Inflation increased in July and moved further away from the Federal Reserve’s target rate as central bank policymakers assess the health of the economy amid the president’s calls for interest rate cuts. The Bureau of Labor Statistics on Tuesday said that the consumer price index (CPI) – a broad measure…

Tech billionaire Elon Musk threatened to sue Apple for not featuring X – formerly Twitter – or its Grok artificial intelligence chatbot among its “Must-Have Apps” in the Apple Store.  “Hey @Apple App Store, why do you refuse to put either 𝕏 or Grok in your ‘Must Have’ section when…

Throughout its existence, Fanatics, the global digital sports platform, has focused on creating, and enhancing, a unique, one-of-a-kind customer experience.  That mission reached new heights on Tuesday, as Fanatics officially launched its new, enterprise-wide loyalty program: Fanatics ONE. It’s the company’s first cross-business loyalty program, which leverages the scale of its…

General Motors will restart work on its driverless-vehicle program, a year after shelving production of the Cruise Origin robotaxi when one struck and dragged a woman about 20 feet. GM confirmed the news in a statement to FOX Business on Monday.”We’re accelerating the development of autonomous driving technology capable of…

AOL, the company previously known formally as America Online, is discontinuing its Dial-up internet service after 34 years. The service will shutter on September 30, meaning “the associated software, the AOL Dialer software and AOL Shield browser, which are optimized for older operating systems and dial-up internet connections, will be…

President Donald Trump has pushed off imposing higher tariffs on China until November, just before additional tariffs were set to take effect Tuesday. An executive order from the president was signed Monday that will prevent higher tariffs from going into effect against China for another three months – until Nov.…

Federal Reserve Governor Michelle Bowman said in a speech over the weekend that she still sees three interest rate cuts this year after the Fed’s monetary policy panel left rates unchanged at their meeting in late July. Bowman, who serves as the Fed’s vice chair for supervision, spoke Saturday at…

President Donald Trump on Monday touted a “beautiful” surge in tariff revenues on imported goods, crediting his administration’s trade policies for a flood of cash into the U.S. economy. “We’re finding hundreds of billions of dollars of cash is pouring into our country now because of tariffs,” Trump said during…

After the Trump administration signaled a new executive order could be forthcoming that would clarify the United States’ stance on whether gold imports should face tariffs, the president himself took the issue into his own hands with an announcement Monday that gold ‘will not be Tariffed.” Trump’s announcement follows a…

Hundreds of cases of cookies sold at Target are being recalled due to the potential that they may be contaminated with wood, according to a notice by the Food and Drug Administration (FDA).  Ten-count packages of Favorite Day Bakery Frosted Sugar Cookies, which are one of Target’s private labels, are…