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Published May 8, 2025 4:48pm EDT The legislation comes after Amazon walked back a similar proposal Democrats planned to introduce a bill Thursday requiring retailers to display product cost increases to customers caused by President Donald Trump's tariff policies.  Rep.…

OpenAI co-founder Sam Altman joined three other artificial intelligence (AI) and technology executives for a Senate Commerce Committee hearing on winning the global AI race and strengthening domestic capabilities in computing and innovation. Chairman Ted Cruz, R-Texas, asked Altman, along…

Swedish automaker Volvo Cars is recalling more than 450,000 cars in the U.S. and Canada due to a backup camera issue that raises the risk of a crash. The rearview camera image may not show up when the affected cars…

President Donald Trump on Thursday criticized Federal Reserve Chairman Jerome Powell a day after the central bank’s decision not to lower interest rates. "’Too Late’ Jerome Powell is a FOOL, who doesn’t have a clue," Trump wrote in a post…

Microsoft co-founder Bill Gates has given himself a 20-year timeline to "give away virtually all my wealth." The Gates Foundation says it has given away more than $100 billion during its first 25 years, and will double that over the…

Used car buyers are getting hit by higher prices for used cars as the auto market adjusts to President Donald Trump's 25% tariffs on auto imports. Used car prices in April were notably higher than in March, as the Manheim Used…

Toyota executives predict President Donald Trump's automobile tariffs will cost the company $1.3 billion in April and May earnings.  The automaker, which reported its highest-ever annual profit last year, according to the New York Times, expects profit to decline by…

The late Pope Francis donated all his remaining money to a youth rehabilitation project inside a Roman prison in one of his final acts as the head of the Roman Catholic Church. Before his death last month, Francis withdrew all…

South Florida is gaining significant ground against New York City in the battle to win over America’s millionaires, according to new data and one of the nation’s top-grossing real estate agents. A new Henley & Partners World’s Wealthiest Cities Report…

The General Services Administration is entering its second phase of reviewing government contracts with some top consulting firms. A GSA employee told FOX Business the agency has gone through the first round of companies, where the firms offered a total of…