Tag: economy

Vice President Kamala Harris, a former US senator from California who previously served as the state’s attorney general, could be the first Black woman and Asian American to lead a major party ticket after receiving President Joe Biden’s support to become the next Democratic presidential nominee. ...

CNN Senior Political Commentator Scott Jennings and Political Commentators Kristen Soltis Anderson, Jamal Simmons and Kate Bedingfield tell CNN’s Jake Tapper who they think should join Vice President Kamala Harris’ ticket and with 100 days until election day, the state of the 2024 presidential race. ...

The $22 monster toy that’s causing chaos worldwide and making its Chinese creator billions overnightThe $22 monster toy that’s causing chaos worldwide and making its Chinese creator billions overnight

They’re scary, but cute – and taking the internet by storm as customers race to get their hands on Labubus. Distributed exclusively by Chinese-based retailer Pop Mart, it’s become near impossible to buy one of the plush pendant toy collectibles as they sell out online almost nightly, and people wait in hours-long lines to purchase […] ...

Apple unveils ‘Liquid Glass’ design in iOS 26 that transforms how you’ll use your iPhoneApple unveils ‘Liquid Glass’ design in iOS 26 that transforms how you’ll use your iPhone

Apple introduced a bunch of updates and new features for iPhones through its upcoming iOS 26 operating system.  The tech giant provided a preview of the new iPhone operating system as part of the annual Worldwide Developers Conference (WWDC) it held on Tuesday afternoon. iOS 26 “brings a beautiful new design, intelligent experiences, and improvements […] ...

Chipotle adds new dip to menu after five-year drought, marking first new sauce since 2020Chipotle adds new dip to menu after five-year drought, marking first new sauce since 2020

Chipotle has a new dip coming to its menu for the first time since 2020. Its restaurants in the U.S. and Canada will start offering a new limited-time Adobe Ranch dip beginning June 17, the company announced Monday.  When it becomes available, the new Adobo Ranch will contain adobo peppers, sour cream and a “unique […] ...

Home Depot stores remain open despite becoming target of Trump’s immigration enforcementHome Depot stores remain open despite becoming target of Trump’s immigration enforcement

Home Depot said its stores remain open after some of its locations in Los Angeles were the target of an Immigration and Customs Enforcement (ICE) raid. Several people were detained by U.S. Immigration and Customs Enforcement (ICE) agents in the parking lot of a Home Depot in Paramount, a city in Los Angeles County, on […] ...

US and China meet in London for round 2 of high-level trade talksUS and China meet in London for round 2 of high-level trade talks

Officials from the U.S. and China met on Monday to begin a two-day session to discuss bettering trade ties and further deescalate the trade war.  Details of the meeting have not yet emerged, though a source told FOX Business the discussions lasted nearly seven hours and prompted the delegations to order dinner in, as they […] ...

White House touts plan to provide $1K investment accounts for newbornsWhite House touts plan to provide $1K investment accounts for newborns

President Donald Trump is hosting a White House event on Monday touting a policy in the One Big Beautiful Bill Act that would create investment accounts seeded with $1,000 for all newborn U.S. citizen children. The event is expected to be attended by the CEOs of several firms who plan to contribute to the accounts on […] ...

Rioters set Waymo self-driving cars on fire, company suspends downtown LA serviceRioters set Waymo self-driving cars on fire, company suspends downtown LA service

Waymo, a subsidiary of Google parent company Alphabet, is temporarily removing its autonomous cars from downtown Los Angeles after rioters set some of the vehicles on fire in response to federal immigration raids.  Waymo said it quickly removed its autonomous vehicles from downtown L.A. and “will not be serving that area for the time being […] ...

Warner Bros. Discovery announces major corporate restructuring to separate streaming from cableWarner Bros. Discovery announces major corporate restructuring to separate streaming from cable

Warner Bros. Discovery announced Monday that it will split into two companies by separating its studios and streaming business from its cable TV networks. The parent company of HBO and CNN is splitting into two firms to help it better compete in streaming, as the move is expected to give WBD’s streaming unit more room to scale […] ...

FAA to continue capping flights at Newark airport through end of yearFAA to continue capping flights at Newark airport through end of year

The Federal Aviation Administration said it will continue to cap the number of flights in and out of Newark Liberty International Airport through the end of the year to ensure safety and limit travel disruptions.  Starting Monday, arrivals and departures will be limited to 28 each per hour during airport construction on weekends between September […] ...

Amazon announces $20B investment in rural Pennsylvania for AI data centersAmazon announces $20B investment in rural Pennsylvania for AI data centers

FIRST ON FOX – Amazon announced Monday a $20 billion investment in creating artificial intelligence data centers in rural Pennsylvania. It is the largest corporate investment made in Pennsylvania’s history, Amazon’s Vice President of Public Policy Shannon Kellogg told FOX Business. The investment, the first data structure investment of this scale in the Keystone State, […] ...

Expert reveals America’s ‘secret weapon’ against long-term competition with ChinaExpert reveals America’s ‘secret weapon’ against long-term competition with China

There are two likely outcomes of the looming trade talks between the U.S. and China, but only one “secret weapon” to hedge against long-term competition with the growing adversary, according to one foreign policy expert. “It’s going to be a test of the two different theories put forward in our country about how weak China […] ...