Business

American families are increasingly being pushed past their financial limits at the grocery checkout counter, turning to credit card debt just to keep food on the table, according to a new study.Data released Monday from the Urban Institute found that a cumulative 32% increase in food costs over the last five years has pushed more than one in four working-age Americans into credit card debt just to cover their regular […]

A new government watchdog report warns that stronger safeguards against fraud are needed in the Obamacare exchanges to prevent bad actors who serve as agents and brokers in the federal marketplace from making unauthorized plan enrollments and changes to get compensation from health insurance providers.The Government Accountability Office (GAO) on Monday released a report showing that the number of consumer complaints about unauthorized plan enrollments and changes grew more than […]

Meta is expanding its massive data center project in Richland Parish, Louisiana, to 5 gigawatts of compute capacity, making it one of the largest data centers in history, the company announced Monday. The expansion pushes Meta’s total investment in the region to more than $50 billion, marking one of the biggest AI infrastructure investments in the world, according to the company.Once operational, the data center is expected to support more than […]

Costco is warning customers who recently purchased a certain variety of plant that they may have unknowingly brought home an invasive insect capable of spreading a disease that can damage or even kill some other plants and trees.The warehouse giant issued a notice last week that desert willow plants sold between June 24 and July 3, 2026, may have been infested with the glassy-winged sharpshooter."This invasive insect pest can spread […]

The Department of Justice is planning to drop the charges against a Colorado man accused of running cryptocurrency fraud that allegedly netted him $722 million in ill-gotten gains.Matthew Goettsche, along with several others, was indicted in 2019 over claims he defrauded investors with his crypto mining firm, BitClub Network. He rewarded investors for recruiting new members, prosecutors said, the classic structure of a Ponzi scheme.In a sharp reversal, the deputy […]

The United States and Canada have reached a deal to open a new multibillion-dollar bridge linking Detroit and Windsor, Ontario, ending a dispute that delayed the project’s launch.The Gordie-Howe International Bridge will now open on July 27 and become the fourth crossing between Detroit and Canada.The 1.5-mile bridge was originally supposed to open last month. The Windsor-Detroit Bridge Authority said on June 11 that the U.S. and Canada had agreed […]

Gen Z is breaking one of the most deeply rooted social taboos by openly discussing salaries, spending limits and personal finances online.The Wall Street Journal's Free Expression associate editor Mary Julia Koch joined FOX Business’ Ashley Webster on "Varney & Co." to discuss loud budgeting and why younger Americans are increasingly willing to make once-private financial conversations public.The trend encourages people to be transparent about what they can and cannot […]

Meta on Friday discontinued an artificial intelligence feature that allowed users to generate images by referencing public Instagram accounts, days after introducing the tool as part of a broader rollout of AI-powered creative features on Instagram.The company announced the decision in an update to its Instagram blog."Earlier this week, we announced that one way for people to generate images in Meta AI is by @-mentioning public Instagram accounts that they […]

President Donald Trump on Friday touted Micron Technology's plans to invest $250 billion in U.S. semiconductor manufacturing, including what the company says will become the largest chip manufacturing site in American history.The Boise, Idaho-based company announced Thursday that it is accelerating its U.S. manufacturing and research investments with a goal of producing 40% of its DRAM memory chips in the United States."BIGGER INVESTMENTS JUST KEEP COMING!" Trump wrote on Truth […]