Business

Chevron CEO details strategy to shield consumers from soaring AI power costs

Chevron CEO Mike Wirth detailed the company’s strategy to harness U.S. natural resources to meet soaring artificial intelligence power demand — without passing the cost along to consumers. “As data centers need more and more electricity, and as we’re seeing pressure on the grid and electricity prices, we’re working to…

Trump says US and India agree to trade deal to lower tariffs

President Donald Trump said Monday that the United States and India have agreed to a trade deal that would lower tariffs, following a phone call with Indian Prime Minister Narendra Modi. In a post on his Truth Social platform, Trump said the agreement would reduce U.S. tariffs on Indian goods…

Government shutdown will delay release of January jobs report

The partial government shutdown that began on Saturday morning is set to delay the release of the January jobs report that was slated for publication this week. The Bureau of Labor Statistics said Monday that the January jobs report, which was originally scheduled for release on Friday, will be delayed…

Trump to begin stockpiling critical minerals with  billion in seed money

President Donald Trump’s administration announced plans to begin stockpiling critical minerals on Monday, starting off the program with $12 billion in seed money, Fox News has learned. The new program, first reported by Bloomberg, seeks to insulate U.S. manufacturers from supply shortages as America seeks to lessen its reliance on…

Costco issues recall notice for bakery item due to undeclared allergen

Costco issued a recall notice for mislabeled bakery items that could cause allergic reactions in customers. Costco announced that one of its products, “Mini Beignets filled with Caramel,” was “inadvertently packaged with Mini Beignets filled with Chocolate Hazelnut.” The company said the mislabeled units contain “undeclared Tree Nuts.””If you are…

New SNAP work requirements take effect in more states under Trump-backed law

New work requirements are expanding across more states Sunday for the Supplemental Nutrition Assistance Program, or SNAP, the nation’s largest federal assistance program. Starting today, adults between the ages of 18 and 64 without dependent children must work, participate in employment and training programs, or volunteer at least 80 hours…