Business

Diane Keaton was best known for her legendary acting career, which spanned six decades across film, television and theater, but the late Hollywood icon also had a successful sideline as a house flipper. Over the last 40 years, Keaton, who died on Oct. 11 at the age of 79, bought, renovated and sold a variety of houses and cultivated a reputation as a respected restorer of historic homes, some of which […]

Attention wine lovers! Before you pour another glass, you might want to know what’s really swirling inside it.U.S. winemaker Charles Smith told FOX Business’ Stuart Varney on "Varney & Co." that plenty of American wines are hiding a not-so-tasty secret—dozens of additives that never make it onto the label."There’s over 70 ingredients you can put in American wine—really scary things," Smith said. "Most people believe that wine is just grapes, […]

Meta announced on Friday that parents will soon be able to disable their teenagers' private chats with AI characters – the latest safety measure for its social media platforms following criticism over flirty chatbots.The company said parents will be able to block specific AI characters and view broad topics their teens discuss with chatbots and Meta's AI assistant, without completely turning off AI access.The AI assistant will remain available with […]

Southwest Airlines will soon roll out a sweeping overhaul of its boarding process.The Texas-based airline, which has used open seating for more than 50 years, will shift to assigned seating starting Jan. 27 and introduce a completely new boarding system, according to its website.The revamp, known internally as "Project USA," has been in testing for months in Houston and Cancun, Mexico. Under the new "WILMA" boarding method, passengers with window seats […]

Adults are living longer, but there's a caveat: Their retirement funds aren't keeping up with their longer lifespans, according to a recent report. John Hancock’s Longevity Preparedness Index (LPI), which was developed with MIT AgeLab, revealed that U.S. adults are largely underprepared to live well as they age. The index measures how much Americans are going to thrive later in life across eight key domains: social connection, daily activities, care, home, […]

Federal Reserve Governor Stephen Miran downplayed the economic impact of President Donald Trump's sweeping trade measures, saying there’s little evidence the new tariffs are weighing on growth or stoking inflation.Miran, who spoke at Semafor’s World Economy Summit on Thursday, said there have been "no real material signs of growth drags, no real material signs of an inflation spike." Pressed on whether consumers would end up paying more as companies pass along […]

President Donald Trump said he may attend next month’s Supreme Court oral arguments in a key tariffs case that could decide the future of his trade policy.His attendance would make Trump the first sitting president ever to witness Supreme Court arguments in person.The White House did not immediately respond for further comment.TRUMP TARIFFS HAUL OVER $200B IN REVENUES AS SUPREME COURT WEIGHS CHALLENGE TO LEGALITY"We have a big case coming […]

As part of a special federal task force investigating where a staggering $24 billion designated for homelessness in California has ended up, the Department of Justice revealed initial findings on Thursday, announcing new criminal cases against two LA area real estate developers who the federal government says misused roughly $50 million in a combination of federal, state and local dollars earmarked for homelessness."This is not a victimless crime," said Akil […]

JPMorgan Chase CEO Jamie Dimon warned this week that there could be credit risks lurking in the economy, saying that "when you see one cockroach there are probably more."Dimon spoke on the bank's quarterly earnings call on Tuesday and acknowledged that the firm had to take a $170 million write-off in the third quarter related to the bankruptcy of subprime auto lender and dealership Tricolor. He also pointed to the bankruptcy of auto […]