Business

The Trump administration on Monday announced two major steps aimed at boosting domestic access to critical minerals, including reversing a Biden-era decision, and taking a stake in a Canadian mining company.President Donald Trump said he signed an executive order to overturn President Joe Biden’s decision to block construction of a 211-mile access road to Alaska's Ambler mining district. The road is considered key to unlocking U.S. reserves of copper and […]

Verizon Communications on Monday named former PayPal boss Dan Schulman as its new chief executive officer, replacing Hans Vestberg in a leadership transition aimed at steering the telecom giant through slowing growth in the wireless market.The move comes as Verizon is battling rising competition against the backdrop of slowing subscriber growth and cautious consumers unwilling to buy premium plans offered by wireless carriers.Schulman, 67, led PayPal for nearly a decade […]

Nearly 394,000 Toyota vehicles in the U.S. are being recalled due to rearview camera issues that could reduce drivers' ability to see behind them, posing a safety risk, according to auto regulators. Certain model years 2022-2025 Tundra and Tundra Hybrid vehicles and model years 2023-2025 Sequoia Hybrid vehicles are impacted by the recall, the National Highway Traffic Safety Administration (NHTSA) said.A software error is behind the recall, according to NHTSA. TOYOTA RECALLS […]

Japan’s benchmark stock index, the Nikkei 225, hit a record after the leading conservative party elected Sanae Takaichi as its new leader. Nicknamed the ‘Iron Lady’ after she cited former British Prime Minister Margaret Thatcher as her hero, Takaichi has called for strengthening Japan’s military, and taking a tougher stance against China and North Korea. She also opposes same-sex marriage and retains ties to nationalist groups. "It’s the Trump effect going global […]

A new Senate report warns that artificial intelligence could displace nearly 100 million U.S. jobs within the next decade, spurring Democrats to push for a "robot tax" on companies that replace human workers with tech.The analysis produced by Democratic staffers on the Senate Health, Education, Labor and Pensions (HELP) Committee was driven by Sen. Bernie Sanders (I-Vt). Partly informed by responses from ChatGPT, 20 major workforce sectors were examined. It was […]

A leading economist is warning that job creation in the U.S. economy is slowing to a crawl as the ongoing government shutdown precluded the release of the September jobs report last week.Moody's Analytics chief economist Mark Zandi wrote Sunday in a post on X noting that the shutdown forestalled the release of the September jobs report from the Bureau of Labor Statistics (BLS) as scheduled on Friday, which caused data watchers to […]

Markets are just starting to grapple with U.S.-based semiconductor giant Advanced Micro Devices' potentially industry-shaking partnership with OpenAI — and both companies' leaders are making the rounds as the future of artificial intelligence takes shape. AMD CEO Lisa Su and OpenAI President Greg Brockman joined "The Claman Countdown" Monday to discuss the massive partnership in detail. As part of the agreement, AMD will use its graphics processing units (GPUs) to power […]

FIRST ON FOX: Kentucky brought a civil lawsuit on Monday against Roblox alleging the massive gaming platform is not safe for children, joining a growing list of entities who have sued over similar allegations.Attorney General Russell Coleman alleged in the lawsuit, filed in Kentucky Circuit Court and obtained by Fox News Digital, that Roblox has insufficient guardrails for children and therefore exposes them to child predators, violence and sexually explicit […]

President Donald Trump said on Monday that his administration will impose a 25% tariff on medium- and heavy-duty trucks next month. "Beginning November 1st, 2025, all medium and heavy-duty trucks coming into the United States from other countries will be tariffed at the rate of 25%," Trump wrote in a Truth Social post.The White House did not immediately respond to FOX Business' request for comment.BACK-TO-BACK HIGHS: AUGUST AND SEPTEMBER BRING IN […]