The Treasury Department announced this week that it expects to borrow more than anticipated in the current quarter as incoming cash flow has been weaker than initially projected. The $189 billion now estimated for the April-June quarter is $79 billion more than what Treasury saw in February. And after adjusting for a larger-than-expected cash balance…
Trump’s war in Iran has created the biggest energy crisis in modern history. The International Energy Agency describes the current shock as “the largest supply disruption in the history of the global oil market.” The crisis can’t be spun, no matter how hard Trump, Fox News and Chris Wright try. Because the big take away,…
Sign up to see the future, today Can’t-miss innovations from the bleeding edge of science and tech There’s a silent epidemic building in colleges and universities throughout the country — and as you might imagine, it has everything to do with AI. As one New York financier told Financial Times journalist Gillian Tett, new hires…
Inspire Brands, the parent company of Dunkin’ and several other national brands, has announced plans to go public.Inspire Brands is headquartered in Atlanta, Georgia. The company was founded in 2018 and bought Dunkin’ Brands in 2020 for $11.3 billion. Dunkin’ Brands, which is based in Canton, Massachusetts, was a publicly traded company before that transaction….
Data centers are gobbling up land, driving up electric bills, and becoming a lightning rod for public discontent over big tech’s power in society. Maine’s legislature recently passed a data center ban in the state (but failed to override the governor’s veto). According to the National Conference of State Legislatures, 14 states spanning the political…
The Centers for Disease Control and Prevention reports it is monitoring a norovirus outbreak on board a Princess Cruises ship that departed Fort Lauderdale more than a week ago. A report from the agency said the outbreak unfolded on the Caribbean Princess, which departed from Port Everglades on April 28. Data gathered by CruiseMapper shows…
Trump Media & Technology Group (DJT) reported a $405.9 million first-quarter net loss on $871,200 in revenue, widening from $31.7 million a year earlier as unrealized losses on its crypto holdings weighed on results. The parent company of Truth Social booked $244 million in unrealized losses on its cryptocurrency holdings. It also recorded a $108.2…
A Frontier Airlines jet preparing to depart Denver International Airport for Los Angeles struck and killed a pedestrian on the runway Friday night, triggering an engine fire and a chaotic scene later captured in disturbing videos circulating online. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Denver International…
MSC Cruises warned guests of a temporary alcohol ban that will be in effect in the Bahamas on May 12, 2026. According to a statement sent to travel agents, the ban is related to Bahamian General Election regulations. As a result, the company will be forced to temporarily suspend alcohol service at its private island…
SHENZHEN, CHINA – APRIL 12: A Chinese national flag is seen in the foreground with container ships, cranes, and stacked shipping containers at the Yantian International Container Terminal under cloudy skies, on April 12, 2025 in Shenzhen, China. (Photo by Cheng Xin/Getty Images) Cheng Xin | Getty Images News | Getty Images China’s export growth…
Nearly 600,000 Trump supporters paid £74 ($100) each towards a gold smartphone that, nearly a year on, does not exist. The Trump Mobile T1 phone was announced in June 2025 by Donald Trump Jr. and Eric Trump as a patriotic alternative to Apple and Samsung, retailing at £370 ($499) and promising a ‘Made in the…
To board the yacht named Christina, in the glamorous late middle of the 20th century, was to float amid the highest levels of fame, celebrity and royalty: Winston Churchill! Liza Minnelli! Rudolf Nureyev! Its owner, the Greek shipping magnate and definitive international playboy Aristotle Onassis, equipped it with a lapis lazuli fireplace, an onyx spiral…
Even after more than 100 passengers and crewmembers fell sick during a norovirus outbreak aboard the Caribbean Princess cruise ship, passenger Jan van Milligen said life on board still felt surprisingly normal. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. “The normal atmosphere is still here,” van Milligen,…
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The Sandy Springs-based owner of iconic fast-food brands Arby’s and Dunkin’ is looking to go public. Inspire Brands, headquartered in a glass tower overlooking Ga. 400, on Friday confidently filed for an initial public offering with the U.S. Securities and Exchange Commission, according to a news release. tey esu rednu ot ot eht eht mret…
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Over the past several weeks, Axios has repeatedly reported that a diplomatic breakthrough with Iran was either “close,” “imminent” or nearing completion. On Wednesday, a little over an hour before Axios reporter Barak Ravid published a scoop claiming the White House believed it was close to reaching a one-page memorandum of understanding with Iran to…
Spirit Airlines was the budget-friendly carrier America loved to hate. But now that it’s out of business, a viral crowdfunding campaign is attempting to resurrect the bankrupt airline. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Once Hunter Peterson heard Spirit would close on May 2 — after…
HONG KONG (AP) — China’s exports rose 14.1% in April from a year earlier, the government said Saturday, despite the Iran war and lingering impacts from higher U.S. tariffs. The data were released just days ahead of a planned meeting next week between U.S. President Donald Trump and Chinese leader Xi Jinping in Beijing. That…
In this article COF Follow your favorite stocksCREATE FREE ACCOUNT Used cars are offered for sale at a dealership on July 11, 2023 in Chicago, Illinois. Scott Olson | Getty Images The head of one of the nation’s largest auto finance lenders isn’t overly concerned about rising consumer automotive debt and inflated used car prices…
In this article HAL XOM BKR Follow your favorite stocksCREATE FREE ACCOUNT Vessels in the Strait of Hormuz, Musandam, Oman, May 8, 2026. Stringer | Reuters The world’s energy system will change in big ways as a result of the Iran war, the CEOs of key oil and gas companies told investors on their earnings…
There’s a lot of sound and fury against David Ellison’s pending $111 billion megamerger with Warner Bros. Discovery. But what changes to the current terms of the pact will it signify — if any? Mark Ruffalo claimed in a New York Times op-ed this week Hollywood stars are afraid of signing a letter against the…
In brief Top banking groups say the new Clarity Act language leaves loopholes regarding stablecoin yield. The compromise would ban direct yield on stablecoins but still allow some rewards tied to account balances. The banks’ statement comes as senators prepare for a long-delayed committee vote on the Clarity Act. A coalition of the nation’s top…
More than 100 people have been sickened in a norovirus outbreak on board a Caribbean Princess cruise, according to the Centers for Disease Control and Prevention. According to the agency, 102 passengers and 13 crew members were reported sick so far, with symptoms including diarrhea and vomiting. The outbreak was reported to the CDC on…
Check out what’s clicking on FoxBusiness.com. Tesla is recalling Cybertrucks over concerns their wheel studs could separate, potentially causing wheels to fall off, according to the National Highway Traffic Safety Administration (NHTSA). According to the report, the recall affects Cybertrucks with the base 18-inch steel wheels that were sold between 2024 and 2026. Only 173…
Equal Employment Opportunity Commission Chair Andrew Lucas says a lawsuit alleges ‘race discrimination’ against the entire corporate workforce at Nike on ‘The Bottom Line.’ Nike is facing a new class action lawsuit accusing the company of failing to refund tariff-related costs it passed on to consumers through higher prices. In the proposed lawsuit, consumers argue…
A Frontier Airlines flight headed to Los Angeles struck and killed a person who reportedly scaled a fence and ran onto a runway during takeoff Friday night at Denver International Airport. The incident happened at around 11:19 p.m. MT Friday when Frontier Flight 4345 reported striking a pedestrian during takeoff, according to a statement from…
President Trump has signed off on a plan to fire Food and Drug Administration Commissioner Marty Makary, though insiders caution that the plan is not final and could change, according to several media reports. News of the planned axing comes from inside sources who spoke with The Wall Street Journal, which was then confirmed by…
California drivers are paying the highest gas prices in America, and Gov. Gavin Newsom still refuses to suspend the state gas tax as critics warn Sacramento’s energy policies are pushing the crisis toward a breaking point. The statewide average for a gallon of gas climbed to $6.16 on Friday, compared to the national average of…
By Nichola Groom May 8 (Reuters) – Top solar companies, banks and insurers have stopped doing business with at least a half dozen recently built U.S. panel factories because of uncertainty over whether their ties to China could disqualify them from clean-energy subsidies, according to industry executives and documents reviewed by Reuters. The shift, driven…
Utility giant Pacific Gas & Electric on Friday released a long-awaited investigation into the December blackout that left 120,000 San Francisco residents without power, revealing that the multibillion-dollar company was aware of damage at the Mission substation responsible for the incident but left faulty equipment in place. The 70-page inquiry (opens in new tab), conducted…
The fitness tracker has new AI features coming too. By on May 8, 2026 Live on-demand video consultations are coming to Whoop. Credit: Whoop Whoop, a screen-free fitness wearable with more than 2.5 million users, announced that it’s bringing on-demand video consultations with health professionals to its subscriber base. According to Whoop’s announcement on Friday, live…