Business

Walmart has agreed to pay a $50 million settlement over allegations its pharmacies were illegally filling thousands of prescriptions for opioids and other controlled substances, according to the Department of Justice (DOJ) and Drug Enforcement Administration (DEA).The government complaint, first filed at the end of President Donald Trump’s first term and amended during former President Joe Biden’s term, accused Walmart of violating the Controlled Substances Act."Today’s settlement proves this department […]

President Donald Trump announced a major oil agreement with Venezuela Friday, saying the U.S. has secured majority control of more than 65 billion barrels of the country's proven oil reserves."The United States of America has just entered into an Agreement with the Country of Venezuela on, THE BIGGEST OIL DEAL IN WORLD HISTORY!" Trump wrote on Truth Social.Trump said the agreement was reached through Secretary of State Marco Rubio, Secretary […]

Federal Reserve Chair Kevin Warsh on Friday delivered his first keynote address at the annual Jackson Hole Symposium on monetary policy, outlining his views of the economy and his perspective on why he thinks the central bank's forward guidance should be reined in.Warsh emphasized that the Fed is focused on returning inflation to the central bank's 2% target, acknowledging that bringing the personal consumption expenditures (PCE) index to that level […]

From growing up poor and fatherless in a tough Italian neighborhood in Buffalo, New York, likened to that of the film "Goodfellas," to building a Burger King franchise empire in the mountainous West of Utah, John Gullo’s story is a quintessential example of the classic rags-to-riches tale.Yet for this entrepreneur-turned-philanthropist, the "riches" never equated to the money he made. Gullo innately knew early in life that it was about giving […]

FIRST ON FOX: A new policy report warns that the AI data center boom could drive up the cost of laptops, smartphones, cars and other everyday products as chipmakers shift scarce memory-chip capacity toward more profitable AI applications.The report, published by the Abundance Institute and first viewed by Fox News Digital, says manufacturers are shifting capacity toward high-bandwidth memory, or HBM, for AI data centers, constraining the supply of conventional […]

Federal Reserve Chair Kevin Warsh on Friday delivered his first keynote at the annual monetary policy conference in Jackson Hole, Wyoming, against a backdrop of uncertainty over inflation, as well as how he will guide policymakers as they consider interest rate moves.Warsh's speech comes as the Federal Reserve has held interest rates steady at each of its five meetings so far this year amid persistent inflation, which moved further away from the […]

The massive cyclosporiasis outbreak linked to iceberg lettuce and thousands of illnesses has expanded to three new states, federal health regulators announced Thursday.The Food and Drug Administration (FDA) said the outbreak, which has been linked to hundreds of hospitalizations and two deaths since illnesses were first reported in July, has now been detected in Georgia, Tennessee and Texas.There have now been 11,458 illnesses reported across 20 states, according to the […]

Dunkin' and BARK opened their first-ever official dog drive-thru experience in Quincy, Massachusetts for National Dog Day.At the Dunkin’ in Quincy for one day only on Wednesday, one drive-thru lane remained open for guests, while the second lane was reserved for dogs to enjoy dog treats and limited-edition BARK x Dunkin’ bandanas, while plush toys from the new BARK x Dunkin’ collection were available with a donation to the Dunkin’ […]

Greater New York Chamber of Commerce President and CEO Mark Jaffe, a founder and legal counsel for the Multicultural Business Coalition that is involved in suing over New York City Mayor Zohran Mamdani's controversial plans to open government-linked grocery stores in the Big Apple, described the initiative as "disastrous" for business owners, slamming the Democratic socialist's administration as "heartless.""Government should not be in the business of taking out private enterprise. […]