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Consumer sentiment rises above expectations in January but remains below last year's level

Consumer sentiment ticked higher in early January despite lingering concerns about inflation and a weak labor market, according to the…

K-Cup billionaire sells Palm Beach waterfront mansion for just over $66M after steep price cut

K-Cup billionaire Robert Stiller sold his waterfront mansion in Palm Beach, Florida, for roughly $66.14 million, just a few years…

Federal Reserve Chair Powell under criminal investigation over HQ renovation

The U.S. attorney’s office for the District of Columbia has opened a criminal investigation into Federal Reserve Chair Jerome Powell,…

Recall of cheese products upgraded to highest danger level over Listeria-causing bacteria: FDA

The Food and Drug Administration announced that a recall of cheese products has been upgraded to the most serious risk…

Novo Nordisk executive reports high interest for once-daily, oral weight-loss pill

Wegovy’s oral version of its injectable weight-loss drug is seeing tremendous interest, Novo Nordisk executive Dave Moore told FOX Business…

Federal judge delivers Mamdani early legal setback on housing market intervention

A federal judge blocked New York City Mayor Zohran Mamdani's effort to intervene in the sale of thousands of rent-stabilized…

California wealth tax proposal hemorrhages $1T as billionaires flee

Venture capitalist Chamath Palihapitiya says California’s proposed billionaire tax is accelerating an exodus of ultra-wealthy residents, a shift he argues…

Former Intel CEO warns US chip comeback still has long way to go

Intel unveiled new chip manufacturing milestones this week, but former Intel CEO Pat Gelsinger said the United States still has…

Meta's massive nuclear power deals will help US 'win' AI race against China, executive says

Meta's latest nuclear power deals will help the U.S. "win" the artificial intelligence (AI) race against China as surging energy…

Bessent signals potential Venezuela sanctions relief 'as soon as next week': report

The U.S. could soon lift additional sanctions on Venezuela to help support oil sales, according to Treasury Secretary Scott Bessent.In…

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