Browsing: Business
National average price for diesel hits new record high amid Iran conflict
The average price for diesel has reached a new record of $5.85 as of Sept. 4, surpassing the prior high of $5.8159 set back in June 2022, according to AAA. The AAA national average for diesel increased from $5.7832 on Thursday to $5.85 on Friday. The…
Popular squishy toys recalled over potentially deadly water bead hazard
More than 15,000 popular children’s squeeze toys have been recalled over serious injury hazards linked to the beads they contain, according to federal regulators. Two recalls have been issued — one for Squeezy Dumplings from GIHNJSI and one for Rainbow…
Costco quietly pulls popular member perk seemingly without warning: ‘Real bummer for the deals’
Costco Next, an online marketplace Costco members often regarded as one of the retailer’s most coveted hidden perks, has quietly disappeared from the company’s website. The service gave members up to 40% off on certain products not offered at its warehouses…
LARRY KUDLOW: More on the Bessent economic boom story
Pardon me from again borrowing from my G20 interview with Treasury Secretary Scott Bessent. Yet I really want to repeat my view that the most powerful news story, however unreported, is the emergence of an economic boom that is now cutting across every sector…
Mortgage rates jump to highest level in over a year
Mortgage rates rose to the highest level in more than a year, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 6.71% from…
Goldman Sachs exec touts Dallas’ ‘really bright future’ as new campus takes shape
EXCLUSIVE: Goldman Sachs is making progress on its new 800,000-square-foot campus in Dallas as it deepens its presence in the city, which has emerged as a key regional financial hub. The firm has a longstanding presence in the Dallas metro area, where it has…
OpenAI unveils GPT-6 Astra with major advances in AI capabilities
OpenAI on Thursday unveiled GPT-6 Astra, a new artificial intelligence (AI) model the tech company says features major improvements in computer use, coding, scientific research and professional work. The San Francisco-based company said Astra is rolling out…
Zoox launches robotaxi service at Las Vegas airport
Zoox announced Thursday that its driverless robotaxis will begin transporting passengers to and from Harry Reid International Airport in Las Vegas, marking the company’s first airport service. The Amazon-owned company told FOX Business that, beginning…
Trump’s Agriculture secretary rejects Democrats’ ‘fake meat’ push: ‘Don’t stop eating meat’
Agriculture Secretary Brooke Rollins praised the Trump administration’s agriculture agenda as she took aim at Biden-era food policies, accusing the former administration of pushing Americans away from traditional meat products. “There was a massive push under…
Nvidia to buy AI platform Hugging Face for nearly $13B
Nvidia announced Thursday that it will buy AI developer platform Hugging Face in a deal valued at approximately $12.9 billion. The chipmaker is betting that growing demand for the open-source AI models hosted on Hugging Face will fuel future growth, even as…

