Business news

• Americans heating their homes this winter face a stark cost divide

  07-10-2026 22:04 via foxbusiness.com
  
  American households have been facing higher energy prices this year and as colder weather approaches this winter, they may face higher heating bills for their homes depending on the type of fuel used.The Energy Information Administration (EIA), the Energy Department's main analytical agency, released its winter fuels outlook on Tuesday, which said that the agency's "expectations this winter vary because of diverging trends in energy price among fuels and regional variation in forecast temperatur
  
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• Walmart expands drone delivery to 2 major US cities

  07-10-2026 20:26 via foxbusiness.com
  
  Walmart and Alphabet-owned Wing are expanding their drone delivery service to the Seattle and Denver metro areas next year, bringing the service to nearly 20 major U.S. markets.The expansion is part of the companies' ongoing plan to offer drone delivery from more than 270 Walmart stores nationwide, according to an announcement Monday from Wing."Adding new metros to our expansion speaks to how quickly people across the country are adopting drone delivery," Heather Rivera, chief business officer a
  
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• President celebrates automatic enrollment of 70 million Trump Accounts for children

  07-10-2026 20:12 via foxbusiness.com
  
  President Donald Trump held a press conference Wednesday at the Oval Office celebrating the automatic enrollment of millions of American children in his "Trump Accounts."The Treasury Department announced last week that every eligible child under 18 with a valid Social Security number now has a Trump Account, bringing the total to roughly 70 million accounts, according to the White House.Parents or guardians must still claim their child's automatically enrolled account before they can manage it o
  
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• Jaguar unveils $130K EV after 'woke' rebrand backlash

  07-10-2026 19:01 via foxbusiness.com
  
  Jaguar has unveiled the first production model from its sweeping reinvention, nearly two years after a rebranding campaign drew backlash from critics who called it "woke."The all-electric Jaguar Type 01, unveiled Tuesday in New York, is a four-door luxury grand tourer with a U.S. starting price of $130,500. Orders are expected to open in early 2027, with initial customer deliveries anticipated in the second half of the year.The launch represents a major test of Jaguar’s strategy to move up
  
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• OpenAI launches college planner in ChatGPT for Teens to track applications, financial aid

  07-10-2026 18:03 via foxbusiness.com
  
  OpenAI on Wednesday announced that it's adding a college planner tool to its ChatGPT for Teens along with new study features on the platform.The artificial intelligence (AI) giant announced that its college planner feature will launch in ChatGPT for Teens in the next few weeks, with the planner helping to organize application requirements, deadlines, tasks and financial-aid steps across the colleges the user is considering.OpenAI's announcement said the initial experience is being designed for U
  
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• Weston family's holding company to buy U.K. pharmacy chain Boots for $12.7B

  07-10-2026 16:40 via cbc.ca
  
  The Weston family holding company Wittington Investments said Wednesday that it will purchase the U.K. chain Boots for $8.9 billion US, including debt, from private equity firm Sycamore Partners. Boots is one of Britain's most prominent retailers.
  
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• Immigrant who defended American dream against socialism fires back at critics, warns: 'Don't be fooled'

  07-10-2026 12:00 via foxbusiness.com
  
  As persistent inflation and squeezed household budgets leave millions of Americans feeling financially stretched, democratic socialist leaders are pitching rent controls and greater government involvement in the economy as an equalizer.Patrice Onwuka, vice president for economic policy at Independent Women, is pushing back after her defense of capitalism and the American dream drew criticism online, warning Americans not to be swayed by what she calls the socialist "pipe dream."On Aug. 26, Onwuk
  
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• South Korean megachurches investigate suspected cyberattacks affecting hundreds of thousands

  07-10-2026 07:29 via foxbusiness.com
  
  The personal data of hundreds of thousands of people may have been exposed following suspected cyberattacks on two South Korean megachurches.Seoul's Yoido Full Gospel Church and Sarang Church said they are investigating the attacks, which could potentially affect hundreds of thousands of congregants.Cybersecurity company Oasis Security said it discovered attack records and account information on an overseas server containing data linked to the two churches.According to the company, records of th
  
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• Amazon crash attorneys say pilot pairing may have been key flaw behind fatal incident

  07-10-2026 00:47 via foxbusiness.com
  
  Attorneys for the victims of last month’s fatal Amazon crash blasted the company and its operator after federal investigators revealed potential pilot error in preliminary findings, saying the deadly accident could have been "100% preventable." Mark Lopez-Trigo and Joshua Padron spoke to Fox Business on behalf of the sons of Julio Pineda, the 75-year-old man who was killed when the cargo jet overshot the runway during landing, crashed through the airport perimeter road and slammed int
  
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• LARRY KUDLOW: Democratic talk of affordability is absolutely hilarious

  07-10-2026 00:23 via foxbusiness.com
  
  You just have to love it, while these Democratic candidates are out there tweeting and chirping and criticizing President Trump and the GOP on the issue of affordability. Hahaha. In the first place, Mr. Trump way back in 2016 invented the term affordability, amidst much derision as he successfully ran in his first term. Now with a temporary gasoline spike from the Iran war, Democrats have latched on to the term affordability as some kind of midterm election life raft. I don’t believe
  
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