Economy

Thursday, during an appearance on FBN’s “Varney & Co.,” White House National Economic Council director Kevin Hassett predicted a robust recovery from high energy prices once the Strait of Hormuz was fully reopened.

Families of the victims of a deadly Canadian school shooting have filed seven federal lawsuits accusing OpenAI and CEO Sam Altman of prioritizing profit over safety by failing to install adequate safeguards on the ChatGPT AI platform.

Co-writer and director Andy Serkis took Animal Farm, one of the totems of classic literature, and woke-raped it into something unrecognizable.

Elon Musk repeatedly clashed with OpenAI’s attorney during a heated cross-examination on the second day of a landmark trial that could shape the future trajectory of AI development.

The U.S. economy accelerated at the start of the year, lifted by a sharp increase in business investment in equipment and intellectual property. Gross domestic product, adjusted for inflation, expanded at a 2.0 percent annual rate in the first quarter,

A research scientist at Google DeepMind has publicly expressed that he is “incredibly ashamed” over the company’s deal with the Pentagon allowing the Department of War to use its AI technology in classified settings.

One of the lowest levels of new jobless claims ever seen.

A top staffer with financial institution JPMorgan Chase is accused of sexually abusing a junior male colleague and threatening his career.

On Wednesday’s broadcast of MS NOW’s “All In,” Sen. Adam Schiff (D-CA) responded to criticism of gas prices in California by the Trump administration by arguing that “they have full ownership of this energy crisis, full ownership of the high

The AI investment wave is translating directly into orders at American factories.

The cost of living stands as the top financial problem for Americans, an April 2026 Gallup survey revealed.

Jerome Powell said Wednesday that he will continue to serve on the board of governors of the Federal Reserve after his chairmanship of the central bank ends next month. Powell said his decision to remain as governor is based on

Failed vice presidential candidate Tim Walz, the governor of Minnesota, is now taking credit for cracking down on fraud in his state despite dismissing critics months ago for “politicizing the issue” in a stunning evolution all around.

A Stanford microbiologist was shaken when an AI chatbot outlined a detailed plan for a biological attack on mass transit systems during a safety test last summer.

The central bank has maintained its benchmark interest rate target at a range of 3.5 percent to 3.75 percent since its last cut in December. 

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) on Tuesday announced new sanctions against “35 entities and individuals that oversee Iran’s shadow banking architecture and facilitate the movement of the equivalent of tens of billions of dollars.”

New York City Mayor Zohran Mamdani outlined a widening fiscal gap facing the city and emphasized the need for additional revenue and state-level changes, as officials moved to delay a key budget deadline amid ongoing negotiations.

Elon Musk, the tech tycoon who has made himself a significant player in the AI boom, took the witness stand Tuesday in a closely watched federal trial that pits him against former allies Sam Altman and Greg Brockman in a dispute over the future direction of OpenAI and AI development in general.

The Supreme Court will review Trump’s decision to end the Temporary Protected Status quasi-amnesty awarded to Haitian migrants by Biden. 

The Senate Banking Committee on Wednesday approved former Fed Governor Kevin Warsh to take the reins at the central bank. The nomination was approved by the committee on a party line vote, with 13 Republicans voting to advance Warsh and

Orders for core business equipment posted their largest monthly increase since the summer of 2020, the Commerce Department reported Wednesday, driven by surging demand for computers and electronic products as companies continue to pour money into artificial intelligence.

12 months on from the historic power cut, no politician or businessmen has taken responsibility, never mind resigned, over the blackout.

On Tuesday’s broadcast of Bloomberg’s “Balance of Power,” Rep. Sean Casten (D-IL) responded to Energy Secretary Chris Wright touting energy exports by saying, “That sounds like the energy policy of Angola, right? If you’re praising that we can dig holes

The UAE did not just leave OPEC on Monday. It may have given us a glimpse at the road map for the future of global trade and security.

Google has joined other major technology companies in signing an agreement with the Department of War to provide AI models for classified government operations, according to a report from The Information.

The United Arab Emirates (UAE) announced on Tuesday that its 59 years of membership in the Organization of the Petroleum Exporting Countries (OPEC) will come to an end, effective May 1.

The founder of a software company has issued a public warning after an AI coding assistant erased his company’s entire production database and all backups in just nine seconds.

Google co-founder Sergey Brin, whose company serves as the highwater mark of woke leftist hysteria in Silicon Valley, is now taking positions contrary to his left-wing peers, including standing against California’s proposed wealth tax. He is reportedly been pushed to the right by his Trump-supporting girlfriend, who the President called Brin’s “really wonderful MAGA girlfriend.”

As more and more people shop online, the ongoing wipeout of brick-and-mortar retail stores will continue.

Consumer confidence rose in April to the best level of the year, as consumers took a more optimistic view of the jobs market and their income prospects.

Establishment oracle George Will has reversed himself after a career of praising mass migration, dating back to the Reagan administration. 

This Wednesday could be one of the most consequential days in the Federal Reserve’s recent history.

A bill to fight against diversity, equity, and inclusion (DEI) discrimination by prohibiting federal agencies from awarding contracts on the basis of race or sex has been introduced by Sen. Mike Lee (R-UT), who stated that his goal is to “restore merit-based partnerships” in government contracting.

Jury selection begins Monday in Oakland for a federal civil trial pitting tech tycoon Elon Musk against OpenAI CEO Sam Altman in a dispute that could reshape the AI industry.