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Reagan economist warns billionaire tax would ‘destroy’ California

Business

Reagan economist warns billionaire tax would ‘destroy’ California

California voters are set to decide on a one-time wealth tax on billionaires, a proposal former Reagan economic advisor Art Laffer warns could accelerate an exodus of the state’s wealthiest residents.Laffer joined FOX Business’ Stuart Varney on "Varney & Co." to discuss California’s Proposition 40 and the broader push for wealth taxes.Proposition 40 would impose a one-time tax equal to 5% of net worth on people who were California residents […]

todayOctober 5, 2026 4

Baby boomers are poised to unleash millions of homes — but there’s a catch for first-time buyers

Business

Baby boomers are poised to unleash millions of homes — but there’s a catch for first-time buyers

America's housing sector is set to see nearly 14 million homes belonging to members of the baby boomer and Silent generations be released to the market over the next decade – though it may not directly lead to an influx of starter home listings, according to a new report.An analysis by Realtor.com found that 13.9 million homes are currently owned and occupied by baby boomers and members of the Silent […]

todayOctober 5, 2026 2

Emerging tech has new Army leaders warning troops can’t ‘AI’ their way to victory on the battlefield

Politics

Emerging tech has new Army leaders warning troops can’t ‘AI’ their way to victory on the battlefield

Amid a rapid rise in technological developments, the U.S. Army’s new leadership is looking to pull back on using artificial intelligence and other tools it feels forced the branch to transform too much all at once.Gen. Christopher LaNeve, the Army vice chief serving as acting chief of staff, outlined on Monday how he hopes to narrow the service’s sweeping modernization push after years of experimentation with drones, artificial intelligence and […]

todayOctober 5, 2026 3

Windows malware uses Grok AI to help stay hidden, researchers say

Tech/Gear

Windows malware uses Grok AI to help stay hidden, researchers say

A new piece of Windows malware is giving cybercriminals a lot of ways to cause trouble from one infected PC. It can steal passwords, grab browser cookies, route internet traffic through your computer and even burn through paid AI credits. Then there is the part that caught my attention. The malware, called x47.c, can reportedly use xAI's Grok to help decide how to keep itself running on an infected Windows […]

todayOctober 5, 2026 3

‘American Idol’ contestant Caleb Flynn faces in-laws after conviction for wife’s murder

Top Stories

‘American Idol’ contestant Caleb Flynn faces in-laws after conviction for wife’s murder

Former "American Idol" contestant Caleb Flynn is scheduled to be sentenced Monday, with prosecutors asking an Ohio judge to send him to prison for life without the possibility of parole for murdering his wife.Flynn is expected back in a Miami County courtroom at 3 p.m. for sentencing before Judge Jeannine N. Pratt, less than a week after a jury convicted him on all nine charges in the killing of Ashley […]

todayOctober 5, 2026 2