Business

Rep. Buddy Carter, R-Ga., discusses the ‘Made in America Act,’ decoupling from China and Bill Gates’ meeting Chinese President Xi Jinping. Supreme Court justices temporarily blocked Thursday a settlement with Purdue Pharma, maker of OxyContin, which would protect members of the Sackler family from civil lawsuits filed due to the …

Halifax has reduced its five-year fixed-rate deals by up to 0.71%, and two-year fixed-rate loans will fall by as much as 0.27%. First Direct also cut its terms and both lenders confirmed the cheaper deals are on offer from tomorrow. NatWest also announced reductions on fixed rate deals by up …

Check out what’s clicking on FoxBusiness.com San Francisco 49ers CEO Jed York is being accused of covering up an online college exam cheating scandal as well as insider trading while he was a board member for the online educational company Chegg Inc. Two shareholders filed lawsuits against York and other …

Wilko has entered administration after the firm failed to secure a rescue deal, putting hundreds of stores at risk of closure. Wilko runs more than 400 stores across the UK but the bosses were “left with no choice but to take this unfortunate action”. The retailer filed a notice of …

Strategic Wealth Partners investment strategist Luke Llyod on what to expect from the July PPI and discusses 2Q earnings.  Inflation ticked higher in July, snapping a year-long streak of steady declines in prices as consumers continued to grapple with the rising cost of everyday goods. The Labor Department said Thursday …

Maui officials have confirmed at least 36 people have died because of the devastating wildfires that have been ravaging the island for days. Authorities also said the historic town of Lahaina has been nearly completely torched, with Senator Brian Schatz confirming on Twitter that the town was “almost totally burnt …

Melius Research Analyst Ben Reitzes weighs in on NVIDIA’s stock, which he says could hit $625, and what it means for the A.I. industry. Nvidia has released a new toolkit that will allow users to quickly create, test and customize generative AI models on computers.  “AI Workbench,” Nvidia says, removes …

The state pension provides a “bedrock” for income in retirement however Britons are warned that the income alone cannot attain a reasonable standard of living in retirement. New research showed that 41 percent of people expect to have a “bad income” in retirement, as well as working way until their …

Gary Gastelu, automotive editor at Fox News, test drives the 2023 Cadillac Escalade-V at Raceway Park in Englishtown, New Jersey, on ‘Varney & Co.’ General Motors-owned Cadillac unveiled its first full-size all-electric SUV, the 2025 Escalade IQ, Wednesday as automakers race to create electric fleets and the infrastructure to support …

As mortgage rates increase by over £500, once couple have had to sell their family home just to release financial pressures. Tina Reynolds and her husband bought their family home in 2007 however Mrs Reynolds has seen her mortgage skyrocket to 11 percent and she has been unable to re …