Business

Long before Elon Musk was running multiple companies at once, his mother, Maye Musk, had a much simpler recommendation: pick one.Elon Musk’s mother, Maye Musk, joined FOX Business’ Stuart Varney on "Varney & Co." to discuss her son’s ambitions, his childhood and the advice he ignored before taking on some of his biggest ventures.Maye recalled a conversation with Elon after PayPal, when he was weighing what to pursue next."And that…came […]

Housing affordability varies dramatically depending on where you live.A new Realtor.com report released this week graded the nation's 100 largest metro areas based on housing affordability and the pace of new home construction.Joel Berner, senior economist at Realtor.com, told FOX Business that the rankings were designed to capture the current state of each housing market, as well as its long-term trajectory."It's really a balanced look at the present and the […]

California Gov. Gavin Newsom, a likely 2028 presidential contender, signed an executive order Friday calling on the federal government to take a more active role in regulating artificial intelligence.He said in a statement that the Trump administration has abdicated "its responsibility to protect Americans," as AI becomes more advanced and capable by the month.Newsom's order recommends more stringent oversight on companies developing AI, while requiring those same firms to develop […]

Legendary investor Warren Buffett is stepping down as chairman of Berkshire Hathaway, the company said on Friday."Serving as your Chairman has been the privilege of a lifetime, and I have never taken your trust for granted," Buffett, who was named chairman emeritus, said in a letter to shareholders. "Father Time always wins. He has, however, been generous with me. He has given me the opportunity to see Berkshire reach a […]

A Waymo vehicle struggled to navigate a flooded street in Phoenix this month, becoming stuck for more than 10 minutes in an "AI loop," according to witnesses.The car was filmed as it hesitantly moved back and forth, at one point almost backing into another car.WAYMO GETS REGULATORY APPROVAL TO SCALE UP ROBOTAXI SERVICE ACROSS CALIFORNIA, ENTER 2 NEW MARKETS"There were actually two Waymos holding up traffic," said Roger Pelkey, who […]

American homeowners expecting peak-market valuations are confronting a changing real estate landscape following the Federal Reserve’s latest interest rate decision.Rising borrowing costs are shrinking the pool of qualified buyers, signaling a potential wave of price reductions for sellers seeking to close deals before year-end, real estate insiders told Fox News Digital."Sellers have… very high expectations. And it takes a while for sellers’ expectations to come down. And that's the reality," […]

Nvidia CEO Jensen Huang delivered a dual message of caution and explosive financial optimism at a recent Scottish summit convened by King Charles, urging the artificial intelligence industry to prioritize "good old-fashioned engineering" while forecasting that his company's chip sales will double next year.While addressing mounting public anxiety over AI risks alongside leaders from Google DeepMind, OpenAI, and Anthropic, Huang made it clear that despite safety hurdles, the global AI […]

President Donald Trump on Wednesday dismissed the prospect of Canada becoming an associate member of the European Union as "laughable," warning that the U.S. could impose heavy tariffs on Europe if he believed such a move was made with "bad intention."Trump was asked by reporters about the prospect of Canada becoming the EU's first "associate member.""I think it's laughable," Trump responded. "If they do that, if I think it's at […]

Walmart is rolling out a weeklong fall sales event that will overlap with Amazon's Prime Big Deal Days, giving consumers two major discount events during the early holiday shopping season.The retailer's Deals & More event begins at 12 a.m. ET Oct. 5 and runs through Oct. 11, offering shoppers seven days of discounts across categories including home, tech, toys and Halloween items.Amazon's "Prime Big Deal Days" are scheduled for Oct. […]