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AI exposes hidden risks in US military supply chain tied to China

Business

AI exposes hidden risks in US military supply chain tied to China

The Trump administration's efforts to curtail U.S. dependence on China are intensifying as artificial intelligence exposes vulnerabilities deep inside America’s military supply chain.Exiger CEO Brandon Daniels joined FOX Business’ Maria Bartiromo on "Mornings with Maria" to discuss how artificial intelligence is being used to trace the origin of critical military components and identify weak points tied to Chinese-controlled materials and suppliers.Daniels said China has spent years targeting key areas of […]

todayMay 7, 2026 16

Gas price surge hitting low-income households hardest, Fed study finds

Business

Gas price surge hitting low-income households hardest, Fed study finds

A new report by the Federal Reserve Bank of New York finds that the recent rise in gas prices has affected households very differently based on their income level.Energy prices hit a four-year high in March amid the Iran war, prompting the closure of the Strait of Hormuz, which is a chokepoint through which about 20% of the world's oil supply passes through aboard tankers.The New York Fed's analysis finds […]

todayMay 7, 2026 8

USAA, Armed Services YMCA launch childcare program ahead of Military Spouse Appreciation Day

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USAA, Armed Services YMCA launch childcare program ahead of Military Spouse Appreciation Day

EXCLUSIVE – USAA and the Armed Services YMCA (ASYMCA) are launching a new childcare initiative just in time for Military Spouse Appreciation Day aimed at addressing a growing challenge for military families — access to affordable care during frequent relocations that often disrupt careers.The $1.45 million effort comes as military spouse unemployment remains significantly higher than the national average, with childcare shortages emerging as a key driver."Today, the military spouse […]

todayMay 7, 2026 9

Southern cities dominate rankings of best job markets for new college graduates

Business

Southern cities dominate rankings of best job markets for new college graduates

The slowing labor market is posing a challenge to recent college graduates looking to begin their careers, with many new graduates finding work in Southern cities.A study by ADP using anonymized data to compare the 53 largest metro areas in the U.S. based on hiring, wages and affordability for workers in their 20s with college degrees. It found that Birmingham, Alabama, and Tampa, Florida, were at the top of the list […]

todayMay 7, 2026 3

Trump push to make US ‘crypto capital of the world’ gains steam as crypto bill nears Senate markup

Business

Trump push to make US ‘crypto capital of the world’ gains steam as crypto bill nears Senate markup

Momentum is building behind President Donald Trump’s push to make the U.S. the "crypto capital of the world," as lawmakers work to advance key legislation that could reshape the industry."We obviously fully support the president’s agenda to make America the crypto capital of the world," said Zach Witkoff, CEO of World Liberty Financial.Witkoff, the son of Trump special envoy Steve Witkoff, discussed the CLARITY Act with FOX Business early Wednesday.The […]

todayMay 6, 2026 6

Hassett forecasts 4% growth, says AI boom and tax incentives driving US investment surge

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Hassett forecasts 4% growth, says AI boom and tax incentives driving US investment surge

Wall Street’s rally is increasingly being tied to a mix of artificial intelligence investment, corporate tax incentives and a wave of factory construction reshaping the U.S. economy.White House National Economic Council Director Kevin Hassett joined FOX Business’ Maria Bartiromo on "Mornings with Maria" to discuss why he believes the economy is entering a new growth phase driven by capital spending, AI productivity gains and tax policies aimed at accelerating domestic […]

todayMay 6, 2026 9

Disney CEO unveils entertainment giant’s new 3-pillar growth plan

Business

Disney CEO unveils entertainment giant’s new 3-pillar growth plan

New Disney CEO Josh D'Amaro outlined a new growth strategy for the entertainment giant as the company announced its quarterly results, which includes a focus on investing in content as well as technology.D'Amaro, who succeeded former Disney CEO Bob Iger in mid-March, said in a letter to shareholders that Disney's long-term strategy will revolve around three pillars including investing in intellectual property and creativity, reaching and engaging more consumers around […]

todayMay 6, 2026 5

PayPal eyes 20% job cuts as profit falls, outlook weakens

Business

PayPal eyes 20% job cuts as profit falls, outlook weakens

PayPal is reportedly weighing cuts of up to 20% of its workforce as the payments giant ramps up cost-cutting efforts under new leadership.The potential layoffs come as PayPal faces mounting pressure on profitability despite continued revenue growth.FOX Business reached out to PayPal for comment.Bloomberg and The Wall Street Journal reported that the company could cut as much as one-fifth of its staff as part of a broader restructuring push.BAY AREA […]

todayMay 6, 2026 8

Seahawks Super Bowl hero Derick Hall partners with iconic American brand to promote parenting amid adversity

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Seahawks Super Bowl hero Derick Hall partners with iconic American brand to promote parenting amid adversity

Seattle Seahawks linebacker and recent Super Bowl hero Derick Hall and his mother, Stacy Gooden-Crandle, have partnered with the classic American diaper brand Huggies to share Hall's story of survival as an infant.Hall and Gooden-Crandle starred in the brand's "Natural Born Fighters" advertisement, showcasing Hall's miraculous journey from a baby with a 1% chance to live to Super Bowl champion. The campaign celebrates Hall and other figures in history who […]

todayMay 6, 2026 5