Filtering byFox Business

FBFox Business

5h ago

Current EventsConsumer SafetyHealth Alert

Key takeaways

Broccoli sprouts linked to salmonella outbreak recalled after 22 are sickened
Evergreen Fresh Sprouts LLC recalled 215 cases of broccoli sprouts linked to a multistate salmonella outbreak with 22 confirmed cases so far.
1. 1. Evergreen Fresh Sprouts LLC is recalling over 200 cases of broccoli sprouts due to potential salmonella contamination.
1. 2. The recalled broccoli sprouts were delivered to three distributors in the state of Washington from Aug. 24 to Sept. 2.
1. 3. The CDC has recorded a total of 22 cases in Idaho, Washington, Montana and Utah.

FBFox Business

5h ago

BusinessBusinessInvestment

Key takeaways

Ford to invest $1B in Kentucky truck plant
Ford CEO Jim Farley announced a $1 billion investment in a new paint shop at the Kentucky Truck Plant, where vehicles roll off the line every 45 seconds.
1. 1. Ford announced Thursday that it's planning to expand its manufacturing presence in Kentucky with a $1 billion investment in a new state-of-the-art paint shop at its Kentucky Truck Plant.
1. 2. The upgraded technology in the paint shop will provide cleaner and more efficient paint quality, boosting efficiency and environmental sustainability in production processes, Ford said.
1. 3. Ford's Kentucky Truck Plant is the automaker's largest and highest revenue manufacturing plant, with a vehicle rolling off the assembly line every 45 seconds, the company noted.

FBFox Business

8h ago

PoliticsControversialOpinion

Key takeaways

Billionaire warns 'evil empire' wants to 'cripple Trump,' calls out America's northern neighbor
John Catsimatidis says Russia, China, Iran and North Korea will do "anything" to cripple Trump ahead of the November election amid tensions.
1. 1. Billionaire businessman John Catsimatidis is warning that foreign adversaries will do "anything" to weaken President Donald Trump.
1. 2. "The evil empire, whether it's Russia, North Korea, China, Iran, the evil empire will do anything to make sure that they cripple Trump in the Nov. 3 election," Catsimatidis said.
1. 3. Catsimatidis also reflected on the September 11 attacks, saying he lost four personal friends and a cousin that day. He warned that younger Americans have no personal memory of the attacks and argued that the country must remain vigilant.

FBFox Business

8h ago

BusinessBusinessRetail

Key takeaways

Large medical uniform retailer closing all brick-and-mortar stores nationwide
Healthcare uniform apparel retailer Scrubs & Beyond has announced that all retail stores are closing. The company operates more than 100 locations.
1. 1. A nationwide healthcare uniform retailer is shutting all of its brick-and-mortar retail stores, the company said.
1. 2. It has more than 100 stores across 30 states, the website states.
1. 3. The Scottsdale, Arizona-based Kindthread acquired and relaunched the Scrubs & Beyond brand and stores in 2022, the Post Bulletin newspaper reported.

FBFox Business

10h ago

BusinessFinancial NewsProperty Transaction

Key takeaways

Former Fed Chair Jerome Powell sells Maryland waterfront estate for $7.2M: report
The former Federal Reserve chair reportedly sold his Gibson Island waterfront mansion in an off-market deal less than three months after leaving the central bank.
1. 1. Former Federal Reserve Chair Jerome Powell has reportedly sold a waterfront Maryland estate for $7.2 million.
1. 2. The six-bedroom, eight-bathroom home on Gibson Island changed hands in an off-market sale on Aug. 4, less than three months after Powell concluded his eight-year term as chair of the Federal Reserve.
1. 3. Powell purchased the property for $3.86 million in 2006.

FBFox Business

10h ago

Current EventsReflectivePersonal

Key takeaways

LIZ CLAMAN: I covered 9/11 live. Twenty-five years later, I still remember every moment
Liz Claman reflects on the chaos, heartbreak and lasting memories of reporting the Sept. 11 attacks, and the colleagues and friends lost that day.
1. 1. On September 11, 2001, I was a month and a few weeks from giving birth.
1. 2. I would never see David again. He died on 9/11 along with 2,977 others in the towers, at the Pentagon and in Shanksville, Pennsylvania – all victims of the coordinated attack by the Al Qaeda terrorist group.
1. 3. Twenty-five years later, I can still remember thinking, "How can I be happy right now? What kind of world am I bringing this child into?"

FBFox Business

10h ago

BusinessBusiness GrowthEconomic Development

Key takeaways

NYSE president touts Texas' 'pro-business environment' as stock exchange competition grows
NYSE President Lynn Martin credits Governor Abbott's pro-business environment as the exchange officially opens its NYSE Texas headquarters in Dallas.
1. 1. Texas is emerging as the newest battleground in the fight for corporate America.
1. 2. The NYSE recently opened its NYSE Texas headquarters in Dallas, expanding its presence in a state where Martin said the exchange already has roughly 130 listed companies.
1. 3. Martin joined FOX Business’s Cheryl Casone on "Mornings with FOX Business" to discuss the growing competition in Texas and the strength of U.S. capital markets.

FBFox Business

10h ago

BusinessAdvocacyEconomic Data

Key takeaways

Federal budget deficit reaches $2T in first 11 months of fiscal year 2026, CBO reports
The CBO reports the federal budget deficit hit $2 trillion as Social Security, Medicare and Medicaid spending surged alongside rising debt costs.
1. 1. The federal government's annual budget deficit reached $2 trillion after the first 11 months of fiscal year 2026, the nonpartisan Congressional Budget Office (CBO) reported.
1. 2. Federal spending has risen by $147 billion, or 2%, compared with last year, though CBO noted that figure would be an increase of $235 billion, or 4%, after accounting for those timing adjustments.
1. 3. "Such extraordinarily high deficits are just one piece of our fiscal situation that is falling apart. The gross national debt recently hit the sobering milestone of $40 trillion; we're now spending more on yearly interest costs than on our national defense; debt held by the public exceeds the size of our entire economy; and trust funds for programs that tens of millions of Americans rely on face insolvency in less than a decade," MacGuineas said.

FBFox Business

12h ago

PoliticsControversialOpinion

Key takeaways

DeSantis issues warning on Trump $5K dividend
Asked about President Trump's proposal to distribute $5,000 to American adults if the GOP wins the House and Senate, Florida Gov. DeSantis warned that borrowing money would cause more inflation.
1. 1. Florida Gov. Ron DeSantis warned that borrowing to spend would cause more inflation in response to President Trump's $5,000 dividend proposal.
1. 2. President Donald Trump declared he would issue a dividend to every adult citizen of $5,000 if the GOP wins the House and Senate.
1. 3. DeSantis advocated for a Constitutional amendment to require a balanced federal budget.

FBFox Business

12h ago

BusinessControversialSensational

Key takeaways

Consumer prices remained elevated in August ahead of Fed's next meeting
The Labor Department released the consumer price index (CPI) for August which showed that inflation remained well above the Fed's 2% target ahead of its next meeting.
1. 1. Inflation remained elevated in August even as the pace of consumer price growth from a year ago remains elevated, as the Federal Reserve considers a potential interest rate hike next month.
1. 2. The Bureau of Labor Statistics (BLS) said on Wednesday that the consumer price index (CPI) – a broad measure of how much everyday goods like gasoline, groceries and rent cost – increased 0.4% on a monthly basis and is up 3.4% from a year ago.
1. 3. High inflation has created severe financial pressures in recent years for most U.S. households, which are forced to pay more for everyday necessities like food and rent.

FBFox Business

1d ago

TechControversialOpinion

Key takeaways

Anthropic says it blocked possible efforts to use AI for biological weapons development, Iran-linked cases
The company detailed five cases involving potentially dangerous biological research, saying it banned the associated accounts and strengthened its safeguards.
1. 1. Anthropic said Thursday it disrupted several attempts this year by researchers to use its AI models for biological research that could potentially aid the development of biological weapons, prompting the company to ban accounts and strengthen its safeguards.
1. 2. In a 154-page report, "Detecting and Countering Misuse of AI," the artificial intelligence (AI) company outlined five case studies involving researchers who used its Claude chatbot for advanced biological research with potential dual-use applications.
1. 3. Separately, the report detailed several Iran-linked cases in which actors allegedly used Claude to support influence campaigns, surveillance efforts and research on U.S. naval forces.

FBFox Business

1d ago

BusinessBusinessFinancial

Key takeaways

55-year-old restaurant chain abruptly shutters locations nationwide
Casual dining chain O’Charley’s has reportedly permanently closed all remaining corporate-owned locations nationwide following a steep decline in sales and traffic.
1. 1. Casual dining chain O’Charley’s Restaurant & Bar is reportedly closing its remaining locations nationwide.
1. 2. The reported shutdown comes as the Nashville-founded chain has struggled with declining customer traffic and sales.
1. 3. Cannae reported that guest counts at the restaurant chain fell 23.8% during the second quarter of 2026 compared with the same period a year earlier.

FBFox Business

1d ago

BusinessGeopoliticsEconomic Impact

Key takeaways

Iran war costs US households $860 more in higher energy prices, economist says
Mark Zandi says the Iran war has added about $115 billion in costs for U.S. households through higher gasoline, diesel and jet fuel prices.
1. 1. American consumers are facing higher costs as the war in Iran pushes energy prices higher, with U.S. households having spent over $100 billion more this year due to elevated gasoline and diesel prices, an economist says.
1. 2. The war's impact has hit lower- and middle-income American households the hardest.
1. 3. The Iran war has constrained the flow of oil through the Strait of Hormuz due to the threat of Iranian attacks and sea mines in the main shipping channels through the narrow waterway.

FBFox Business

1d ago

BusinessEconomic ImpactIndustry Advocacy

Key takeaways

Soaring diesel prices threaten collapse of timber industry: 'We're in trouble,' executive warns
Scott Dane of the American Loggers Council says loggers are "dying" as diesel prices surge and calls for halting diesel exports under emergency powers.
1. 1. Surging diesel costs are squeezing America's logging industry, with one industry leader warning that rising fuel expenses are eroding profitability for businesses that depend heavily on diesel to keep trucks and equipment running.
1. 2. Fuel costs used to be 25% of operating costs. Now they're 40, 45% of the operating costs, that's eroded any profitability within the timber industry.
1. 3. We have an emergency here, and under the Emergency Powers Act, the president should suspend the export of diesel out of the United States. It makes no sense.

FBFox Business

1d ago

BusinessPromotionalBusiness

Key takeaways

Fanatics Sports & Casino app launches as single destination for betting ahead of NFL season
Fanatics Sports & Casino merges sportsbook, casino and prediction markets into one app with FanCash rewards, Fair Play and more just in time for the 2026 NFL season.
1. 1. Fanatics Sports & Casino app launches as a single destination for betting, trading, and playing ahead of the 2026 NFL season.
1. 2. The app unifies Fanatics Sportsbook, Fanatics Casino, and Fanatics Markets into one experience, consolidating FanCash loyalty currency.
1. 3. Fanatics Betting and Gaming CEO Matt King emphasizes a philosophy of reinvesting in fans over marketing spend, citing 'Fair Play' as a prime example.

FBFox Business

1d ago

PoliticsGovernment TechAI Adoption

Key takeaways

Trump admin partners with OpenAI to equip federal employees with artificial intelligence tools
President Donald Trump's GSA secured a 50% discount on OpenAI's cutting-edge AI models for federal employees with no minimum spend required.
1. 1. The federal government under President Donald Trump reached an agreement with OpenAI on a landmark deal to equip government employees with the most cutting-edge artificial intelligence models at a major discount.
1. 2. The GSA secured an agreement in which the federal government will receive a 50% discount on access to OpenAI's most advanced models without any minimum spending requirements.
1. 3. "Giving public servants secure access to the best AI tools can help government be more efficient, strengthen cybersecurity, and improve the services people rely on," Altman said in a statement provided to Fox News Digital.

FBFox Business

1d ago

BusinessBusinessNostalgia

Key takeaways

119-year-old NJ amusement park to close, go up for sale
Clementon Park & Splash World in South Jersey has permanently closed after 119 years in operation.
1. 1. Historic South Jersey amusement park Clementon Park & Splash World has closed its doors and will be put up for sale, its corporate owner announced Wednesday.
1. 2. The decision marks the second time in seven years that the historic site has shuttered.
1. 3. Founded in 1907 by Theodore Gibbs and his two sons, Clementon Park began as a traditional "trolley park" built at the end of a transit line to encourage weekend ridership and provide recreation for nearby Philadelphia residents.

FBFox Business

1d ago

BusinessMarket AnalysisIndustry Advocacy

Key takeaways

Mamdani tax creates 'so much confusion' in NYC real estate, but broker says 'big crisis' is something else
New York City's biggest crisis is inventory, not capital flight, as high-net-worth buyers rent or pivot rather than flee in the "confusion" of the pied-à-terre tax.
1. 1. The pied-à-terre tax has created significant confusion in the New York City real estate market, impacting buyers, sellers, and professionals.
1. 2. Despite confusion, recent Manhattan transaction data shows continued luxury-market activity, with contracts rising year-over-year in Q2 and closings above $10 million up significantly.
1. 3. The "big crisis" in the NYC real estate market is inventory shortage, not a mass exodus of wealthy residents due to the pied-à-terre tax.

FBFox Business

1d ago

TechControversialOpinion

Key takeaways

Inside John Ternus' first Apple launch event as CEO: Foldable iPhone Duo, AI and more
CEO John Ternus debuted the $1,999 foldable iPhone Duo in his first major product event, marking Apple's long-awaited entry into the foldables market.
1. 1. Apple on Wednesday unveiled a highly anticipated foldable version of the iPhone along with other consumer tech devices embedded with artificial intelligence in the first major product event under the leadership of new CEO John Ternus.
1. 2. The new iPhone Duo, which is foldable and offers the largest ever iPhone display, will come with a starting price of $1,999.
1. 3. AI features were a notable focus in the latest products Apple rolled out at the event, and Ternus himself said that if you were designing a new product from scratch that would serve as an AI-powered personal hub, it would look a lot like the iPhone.

FBFox Business

1d ago

Current EventsControversialOpinion

Key takeaways

TSA revives pre-9/11 tradition with gate access for certain travelers without tickets
The Transportation Security Administration launched a new program allowing TSA PreCheck members to move past airport security as non-ticketed guests.
1. 1. The Transportation Security Administration has launched a new program allowing eligible TSA PreCheck members who are not flying to go through security and enter secure areas to greet arriving passengers or say goodbye to departing loved ones at the gate at some U.S. airports.
1. 2. The move would bring back the emotional send-offs and gate-side reunions that were common before 9/11.
1. 3. The program, Gateside by TSA PreCheck, is free, but members interested in a guest pass must apply online at least one day and no more than three days before their planned visits and receive approval before showing up at the airport.

FBFox Business

1d ago

Current EventsHealthConsumer Alert

Key takeaways

Cream cheese and deli salads recalled over potential listeria contamination
Made Fresh Salads recalled all cream cheese and deli-style salads distributed in New York City after facility testing revealed listeria contamination.
1. 1. Cream cheese and ready-to-eat deli-style salads are facing a recall over potential listeria contamination.
1. 2. The recall was initiated following environmental sampling by the company and the Food and Drug Administration, revealing that some areas of the facility tested positive for Listeria monocytogenes.
1. 3. No illnesses have been reported thus far in connection with the recalled products.

FBFox Business

1d ago

TechPromotionalSpeculative

Key takeaways

Apple unveils first foldable iPhone, iPhone 18 Pro lineup, new watches at annual launch event
Apple officially entered the foldable smartphone space with the debut of the iPhone Ultra alongside the flagship iPhone 18 and 18 Pro lineup.
1. 1. Apple is adding a long-awaited device to its product lineup.
1. 2. The tech giant announced the iPhone Duo during its annual fall keynote on Wednesday, marking the company’s foray into the foldable phone space.
1. 3. Apple also announced the release of the iPhone 18 Pro and 18 Pro Max phones on Wednesday, as well as a revamped version of Siri powered by Apple Intelligence and leveraging underlying technology from Google Gemini's models.

FBFox Business

2d ago

Current EventsControversialLegal

Key takeaways

Widow files new suit alleging botched landing maneuvers, aircraft safety failures in Amazon jet crash
Yaraisi Santiso Morejon's husband was among five people killed when the Amazon-operated Boeing 767 crashed into vehicles and erupted in flames.
1. 1. The widow of a man killed in Sunday’s fiery Amazon jet crash in Miami has filed a wrongful death lawsuit accusing the retail giant and its aviation partners of negligence and a string of dangerous landing mistakes.
1. 2. The National Transportation Safety Board (NTSB) on Tuesday said investigators are still working to determine what happened during the crash and have not released an official cause.
1. 3. Authorities on Tuesday revealed that key braking systems, including speed brakes and thrust reversers, were not deployed during landing, citing available recorded data recovered from the crash.

FBFox Business

2d ago

PoliticsControversialOpinion

Key takeaways

LARRY KUDLOW: Never bet against Trump to tell the economic boom story
It could be the greatest story never told up until now
1. 1. President Trump will speak to the nation tonight from the GOP midterm convention at Dallas.
1. 2. We already got a preview that he’s on message, when he told reporters at the airport that "we’re heading over to Dallas. I think we’re going to have a tremendous crowd tonight. Sold out. Looks very big. It looks very exciting. And we’re going to, explain what we’ve done."
1. 3. Mr. Trump added: "We’ve done things that have never been done in the first term or the second term, frankly, of a president. The economy is very strong. The investment in our country is the biggest in the history of any country, not just our country. We have factories being built all over the world right now. And it’s very exciting to see."

FBFox Business

2d ago

TechControversialOpinion

Key takeaways

Anthropic researcher says AI has over 10% chance to 'kill all humans' within next decade
An Anthropic researcher warned that AI could wipe out humanity within the next decade, responding to a former employee who resigned after accusing the company of acting irresponsibly.
1. 1. An Anthropic researcher estimates a greater than 10% chance of AI causing human extinction within the next decade.
1. 2. Former Anthropic and OpenAI researcher Jacob Coxon accused the companies of acting irresponsibly and racing to self-improving superintelligence.
1. 3. The risk is primarily from superintelligence arising from recursive self-improvement, not from present AI models.

FBFox Business

2d ago

BusinessGovernment PolicyEconomic Rationale

Key takeaways

Singapore PM salary set to rise to $2.85M under political pay overhaul
Singapore updated its executive compensation benchmarks, setting its prime minister pay target at $2.85 million while capping initial actual raises at 9%.
1. 1. Singapore's prime minister is set to get a whopping 64% pay increase next month thanks to a boost in ministerial compensation.
1. 2. Starting on October 15, Prime Minister Lawrence Wong will see his salary increase to 3.6 million Singapore dollars – roughly the equivalent of $2.85 million USD.
1. 3. He also pledged to donate the entire salary increase he receives to charitable causes for the next five years.

FBFox Business

2d ago

LifestyleConsumer AlertHealth Warning

Key takeaways

Dog supplements recalled over potential salmonella contamination
Dog supplements sold on Amazon and Chewy face a recall linked to salmonella affecting two products, posing health risks to both pets and their owners.
1. 1. Two supplements for dogs are facing a recall over concerns they could be contaminated with salmonella.
1. 2. The two affected products are Fi Calming supplement for Dogs 180g with lot number 26118 and Fi 8-in-1 Formula supplement for Dogs 180g with lot number 26159.
1. 3. Salmonella poses a health risk to both pets and people.

FBFox Business

2d ago

LifestyleFood IndustrySensational

Key takeaways

Major burger chain In-N-Out changes two key ingredients, sending fans into a frenzy
The California-based burger chain said its latest updates reflect an ongoing commitment to quality food, but customers remain divided over the move.
1. 1. In-N-Out fans were sent into a frenzy Tuesday after the burger joint announced changes to its ingredients.
1. 2. The California-based chain, which operates in 10 states, said it recently altered two ingredients, removing sesame flour from its buns and replacing its packets of iodized salt with sea salt.
1. 3. The ingredient changes quickly sparked a mixed reaction online, with some customers praising the removal of sesame while others complained about the switch from iodized salt.

FBFox Business

2d ago

BusinessBusiness ExpansionRetail Growth

Key takeaways

Costco set to expand with 14 new warehouses across US and Canada
Costco plans to open more than a dozen new warehouses across North America before year's end, with five in October and nine more in November.
1. 1. Costco is slated to expand across North America over the next couple of months, with more than a dozen warehouses scheduled to open in the U.S. and Canada.
1. 2. Five new Costco warehouses are set to open in October in Lee's Summit, Missouri; The Colony, Texas; Amherst, New York; Lawrence, Kansas, and Camarillo, California.
1. 3. In November, Costco will open nine additional warehouses, including four in Canada — Northeast Edmonton and Lloydminster in Alberta and East Windsor and Wasaga Beach in Ontario.

FBFox Business

3d ago

LifestyleLifestyleOpinion

Key takeaways

'The Ramsey Show' co-host shares how to save $1,000 in 30 days
'The Ramsey Show' co-host Jade Warshaw says most people can save $1,000 in 30 days by slashing spending, boosting income and making short-term sacrifices.
1. 1. Personal finance expert Jade Warshaw says most Americans can save $1,000 in 30 days by making temporary sacrifices and taking a 'scorched earth' approach to their finances.
1. 2. The strategy starts with building a budget, according to Warshaw.
1. 3. Warshaw recommends attacking the problem from both sides by both spending less and bringing in more.

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