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Costco cuts prices on produce, meat and home goods after tariff refunds
Costco on Thursday said it received $184 million in tariff refunds in the company’s fourth quarter, the majority of which were reinvested into lower pricing for members shopping at the retail giant’s warehouses. The big box retailer said that the lower…
Breakfast chain franchisee files for bankruptcy as rising costs, weak sales weigh
The operator of a Village Inn restaurant in Oldsmar, Florida, has filed for Chapter 11 bankruptcy protection after reporting more than $554,000 in liabilities, according to court filings obtained by FOX Business. VI Oldsmar LLC filed its Chapter 11 petition…
Top AI companies call for safety measures while critics warn regulation could stifle innovation
Leading developers of artificial intelligence (AI) are raising concerns about the need to ensure the safety and alignment of cutting-edge frontier models as they become more capable. OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei and Microsoft have all…
The housing game is ‘rigged’: Real estate star exposes the hidden traps locking up buyers past 7% rates
American homebuyers battling elevated interest rates and high listing prices are confronting a far broader financial hurdle: a hidden “obstacle course” of property taxes, rising insurance premiums and local regulatory friction. Beyond headline mortgage rates…
AI expert warns ‘machine-speed’ cyberthreats may require faster defenses than human-led responses
Artificial intelligence is changing cyberattacks from the work of individual hackers into coordinated operations potentially involving hundreds of autonomous agents, creating a speed problem that traditional human-led cybersecurity systems may struggle to…
Former Secret Service cybercrime expert weighs in on privacy after hackers breach stolen Flock camera
A stolen Flock Safety license-plate camera yielded roughly 1.6 million images after hackers physically removed and reverse-engineered the device, but a former Secret Service cybercrime expert says the incident does not appear to have compromised Flock’s…
Canadian business leader warns trade uncertainty risks ‘capital chill’ as USMCA talks drag on
Canada’s push to expand its economic relationships around the world should not be mistaken for a retreat from the U.S., a leading Canadian business voice told FOX Business, warning that continued uncertainty over North American trade risks creating a “capital…
Reducing the $2T federal deficit could lower inflation, interest rates for Americans: CRFB
Curbing the federal government’s roughly $2 trillion budget deficit would help reduce the affordability challenges American households are facing, a new analysis finds. The nonpartisan Committee for a Responsible Federal Budget (CRFB) published a report on…
LARRY KUDLOW: Netanyahu’s barn burner of a speech makes the case for moral clarity against antisemitism
Prime Minister Benjamin Netanyahu stood at the podium of the United Nations General Assembly hall and absolutely tore into all of the multiplying progenitors of antisemitism around the world. He jumped right in by calling out UN members that walked out ahead…
Banks warn AI shopping agents could increase risk of scams, fraud and data privacy breaches
Banks are warning that using artificial intelligence (AI) agents for online shopping could increase the risk of scams, fraud and data privacy breaches affecting consumers. The warning was issued in a report by a group of banks including Bank of America…