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• STRATACACHE and MobiledgeX Announce a Transformational Partnership in 5G/Edge Computing Technology

  16-03-2020 14:46 via news.yahoo.com
  
  STRATACACHE today announced a partnership with MobiledgeX, who is making edge computing widely accessible and easy to consume, to jointly develop advanced content, media and application delivery solutions for the automotive sector on a global scale.
  
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• Top Trump economist calls new inflation data ‘blockbuster,’ says economy mirrors first-term gains

  20-12-2025 14:42 via foxbusiness.com
  
  White House National Economic Council Director Kevin Hassett praised Thursday’s consumer price index (CPI) report, which showed inflation rose less than expected."It was just an absolute blockbuster report," Hassett told "Varney & Co.""Before the numbers come out, we look at the forecast from everybody we can find on Bloomberg. We've looked at 61 forecasts, and this number came in better than every single one of them," he added.TRUMP TOUTS BRINGING COUNTRY BACK FROM 'BRINK OF RUIN'Hass
  
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• Instacart agrees to $60M consumer refunds after FTC accuses company of hidden fees and forced subscriptions

  20-12-2025 03:40 via foxbusiness.com
  
  Grocery delivery giant Instacart will pay $60 million in consumer refunds under a settlement with the Federal Trade Commission (FTC) after the agency accused the company of misleading shoppers and driving up grocery costs for Americans.The FTC alleged Thursday that Instacart falsely advertised free delivery on first orders, implied full refunds that were not provided and enrolled consumers in paid subscriptions without clear consent, claims the company disputes."Instacart misled consumers by adv
  
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• Former NASCAR driver Greg Biffle built a lucrative racing career before fatal plane crash

  19-12-2025 23:39 via foxbusiness.com
  
  Former NASCAR driver Greg Biffle, 55, was among seven people killed in a plane crash in North Carolina on Thursday.Biffle, his wife and two children, and three others were aboard a Cessna C550 owned by Biffle when it crashed at Statesville Regional Airport.According to Spotrac, Biffle made more than $58 million in career earnings. Spotrac's data ranges from 2002 through 2015, as NASCAR has not disclosed winnings since 2016, Biffle's final year as a full-time racer. In that season, he finished 23
  
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• LARRY KUDLOW: Get ready for Trump’s 5% economy

  19-12-2025 23:28 via foxbusiness.com
  
  GDP is still the best overall measure of our economy. It stands for gross domestic product. It covers consumption, investment, government, and trade.For the past 25 years, it’s been stuck around 2%, on average. For the prior 100 years, GDP growth averaged 3.5%. That was real prosperity for all Americans. Top, middle, lower incomes. Not only prosperity, but the opportunity to climb the ladder of success.Now, I think the Trump economic program of supply-side tax cuts, deregulation, drill, ba
  
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• Trump secures agreements with major drugmakers to lower Medicaid prescription costs for Americans

  19-12-2025 20:25 via foxbusiness.com
  
  President Donald Trump announced Friday his administration has reached new agreements with some of the world’s largest drug manufacturers aimed at lowering prescription drug costs for Americans. Speaking from the Roosevelt Room, Trump revealed nine additional drug manufacturers have agreed to the administration’s most-favored-nation pricing initiative, bringing the total to 14 of the 17 largest leading companies in the world. The agreement reached with the nine companies al
  
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• Fed's Goolsbee says rates ‘could come down’ if economy stays on ‘golden path’

  19-12-2025 18:03 via foxbusiness.com
  
  The door to more rate cuts could open further soon, according to a Federal Reserve Bank president, but only if economic indicators remain sustainable on their current trajectories."There was a lot to like in this [consumer price index] report, for sure," Federal Reserve Bank of Chicago President Austan Goolsbee said in an interview on "The Claman Countdown" Thursday."If we keep getting reports like this — I realize it's just one month, and you never want to hinge too much on a single month
  
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• Gas prices hit cheapest December levels in 4 years as holiday travelers hit the road nationwide

  19-12-2025 17:24 via foxbusiness.com
  
  Gas prices have fallen in time for the holiday despite the increase in demand as a record number of people begin to hit the road. The national average for a gallon of regular gasoline fell more than 4 cents to $2.89 last week, according to AAA. This marks the cheapest December at the pump since the end of 2020, according to data from AAA.  AAA characterized the year as "stable" for prices given that there haven't been any sharp spikes. GAS PRICES DROP BELOW $3 NATIONWIDE AS TRUMP
  
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• Trump economist predicts ‘biggest refund cycle ever,’ massive checks ahead

  19-12-2025 15:23 via foxbusiness.com
  
  A leading contender to become President Trump’s next Federal Reserve chair said the administration expects larger tax refunds and higher take-home pay next year, as many Americans continue to express concerns about affordability."We are going to see the biggest refund cycle ever in the history of America, and people are going to get massive refund checks," National Economic Council Director Kevin Hassett said in an interview on FOX Business' "Varney & Co." on Thursday."We're expecting
  
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• Americans surge toward financial resolutions for 2026 amid household budget concerns

  19-12-2025 14:30 via foxbusiness.com
  
  More Americans are considering making financial resolutions as they approach the new year with a focus on short-term savings goals, according to a new study by Fidelity Investments.Fidelity's annual study found that 64% of respondents are considering a financial resolution for the new year, an increase from 56% last year.It also found that the top three financial resolutions have remained consistent year-over-year, with 44% saying they want to save more money, 36% wanting to pay down d
  
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• Meta sued after teen boys' suicides, families claim tech giant ignored 'sextortion' schemes

  19-12-2025 11:30 via foxbusiness.com
  
  This story discusses suicide. If you or someone you know is having thoughts of suicide, please contact the Suicide & Crisis Lifeline at 988 or 1-800-273-TALK (8255).Two families filed a wrongful death lawsuit against Meta over their sons’ suicides, arguing that the tech giant failed to add proper safeguards to prevent sextortion schemes targeting teenagers on Instagram.Tricia Maciejewski, of Pennsylvania, and Rosalind and Mark Downey, of Scotland, filed a lawsu
  
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• AI financial advisors are coming and they may outperform the humans guarding your money

  19-12-2025 11:00 via foxbusiness.com
  
  For decades, Americans were given the same advice about money: Find a good financial adviser. Trust the person, not just the process.That model worked when markets were simpler, tax laws changed more slowly, statements arrived quarterly and financial decision-making wasn’t so complex. But today, investors are navigating inflation, volatile markets, rising debt and rapid policy shifts — all while still relying on advice that’s often reactive, emotional and outdated.AI FUELS BLUE
  
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• Why so many airlines face labour disruptions and why it could keep happening

  19-12-2025 10:00 via cbc.ca
  Canadian air travellers hoping for a new year without labour disputes keeping them on the ground may be out of luck, as 2026 will see most major airlines from this country continuing to face off with unions across the bargaining table.
  
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• Blue Origin eyes landmark launch as wheelchair user joins New Shepard crew

  19-12-2025 02:34 via foxbusiness.com
  
  Blue Origin will make history by carrying a person who uses a wheelchair on its next space launch.Michaela "Michi" Benthaus, who was injured in a mountain biking accident in 2018, is expected to become the first wheelchair user to enter suborbital space on the upcoming New Shepard Mission NS-37, the company said."Michaela (Michi) Benthaus will become the first wheelchair user to cross the Kármán line. Her story, advocacy and passion are evident in everything she does," Blue Origin
  
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• DoorDash unveils ChatGPT grocery app one week after Instacart debut

  19-12-2025 01:41 via foxbusiness.com
  
  DoorDash, Inc. announced Wednesday it is launching a new grocery shopping app inside OpenAI’s ChatGPT platform, just one week after rival Instacart unveiled a similar feature.The food delivery company said the integration will connect ChatGPT’s suggestions with DoorDash’s nationwide grocery network, allowing customers to turn recipe and meal ideas "directly into grocery orders delivered in as little as an hour.""This partnership is a major first step toward meeting customers wh
  
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• Southwest offering $67 flights in nod to viral internet meme: 'Trendy' sale

  19-12-2025 01:31 via foxbusiness.com
  
  Southwest Airlines is offering $67 economy tickets on select domestic flights with an offer it's dubbed the "Trendiest. Sale. Ever."The sale is a nod to the internet meme popular with Gen Alpha, where people shout the numbers "6-7." The saying has become popular on social media, but its origination remains unclear.The meme appears in the song "Doot Doot (6 7)," a song by rapper Jamille Edwards, known as Skrilla, that went viral on social media. Since the song became a viral sensation, the saying
  
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• TikTok inks deal with investors to keep operating in U.S.

  19-12-2025 00:33 via cbc.ca
  TikTok has signed a deal to sell its U.S. business to three American investors — Oracle, Silver Lake and MGX — ensuring the popular social video platform can continue operating in the country.
  
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• Olive Garden plans nationwide rollout of lighter portions menu following successful testing

  19-12-2025 00:19 via foxbusiness.com
  
  Darden Restaurants will roll out a new lighter portion entrées menu at all Olive Garden locations in January, the company announced during its quarterly earnings call Thursday.The Italian-American chain is adding the new menu section, which features seven existing dishes in smaller portions at lower prices, after seeing strong results from tests earlier this year, CEO Rick Cardenas said on the call. "Olive Garden has seen a double-digit increase in affordability perceptions from gues
  
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• TikTok reaches agreements on new US joint venture with closing set for 2026

  19-12-2025 00:17 via foxbusiness.com
  
  TikTok moved to end a yearslong political and legal battle on Thursday as CEO Shou Chew told staff the company signed agreements to form a new U.S. joint venture with American-led investors, with the transaction set to close Jan. 22, 2026.In an internal memo provided to FOX Business, CEO Shou Chew told employees the company has signed agreements with investors to create a new TikTok U.S. joint venture. He said the move will allow the platform to continue serving its more than 170 million users i
  
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• LARRY KUDLOW: A Trumpian Economic Boom Is Brewing

  19-12-2025 00:08 via foxbusiness.com
  
  In business-like fashion, President Trump laid out his record of economic accomplishments, and his optimistic economic vision. He even used a set of charts to show how key metrics on prices have improved in his first year after the disastrous Biden years. I’ve been asking his team to use numbers. Reagan used numbers very well. And the numbers are on Trump’s side. So bravo.It was a 19-minute power-packed speech. But my favorite line is this: "Our nation is strong. America is respected
  
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• Elon Musk's net worth soars, now more than double his closest rival’s as Tesla stock continues to surge

  18-12-2025 23:08 via foxbusiness.com
  
  Elon Musk's net worth is now doubling the next closest billionaire in the rankings of the world's wealthiest people amid a surge in Tesla stock.The Forbes Real-Time Billionaires List showed that as of Thursday afternoon, Musk's net worth is about $681 billion as the Tesla CEO and entrepreneur expanded his lead as the world's wealthiest person.That's more than double the next closest billionaire on the list, Google co-founder Larry Page, whose wealth totaled $249 billion on Thursday.Rounding
  
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• Mortgage rates slip, sticking near 2025 lows

  18-12-2025 22:30 via foxbusiness.com
  
  Mortgage rates ticked lower this week, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage decreased to 6.21% from last week's reading of 6.22%. The average rate on a 30-year loan was 6.72% a year ago.HOME DELISTINGS SURGE AS SELLERS STRUGGLE TO GET THEIR PRICE"The average 30-year fixed-rate mortgage has remained within a narrow 10-basis point range over the last two
  
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• Cardinal Timothy Dolan reveals book, documentary offers after 16 years leading the Archdiocese of New York

  18-12-2025 22:26 via foxbusiness.com
  
  Cardinal Timothy Dolan said he has already received offers to write a book and participate in a documentary as he steps down from his role as archbishop of New York, a position he has held for roughly 16 years.In an excerpt of an interview with Maria Bartiromo on "Sunday Morning Futures," Dolan spoke about the steps he has taken toward retirement and what he hopes to pursue next."People know when you turn 75 — any bishop — pretty soon he's going to be retired," Dolan said. "So, peopl
  
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• Scott pushes 'aggressive posture against China,' focusing on chips, AI in defense bill now heading to Trump

  18-12-2025 21:04 via foxbusiness.com
  
  Senate Banking Chairman and former presidential candidate Tim Scott, R-S.C., detailed key elements of the National Defense Authorization Act (NDAA) that specifically target China in an effort to position "America for the long run" against the communist power.Congress’ lead voice for the banking sector fought for provisions surrounding China to be included in the annual defense spending bill, with Scott telling Fox News Digital during an exclusive interview that it is critical that the Amer
  
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• Supply management 'not on the table,' says Carney as U.S. bent on changing dairy rules

  18-12-2025 20:52 via cbc.ca
  Prime Minister Mark Carney reaffirmed he’ll protect Canada’s supply management system, as the United States signalled it's ready to fight over this country's dairy rules at the negotiating table.
  
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• Labor secretary downplays warning signs, insists job market is ‘strengthening’ despite rising unemployment

  18-12-2025 20:00 via foxbusiness.com
  
  Labor Secretary Lori Chavez-DeRemer insisted the job market is strengthening despite new signs of economic softness, even as unemployment rose to its highest level since 2021.Chavez-DeRemer argued the uptick in unemployment is evidence that "more people are getting off the sidelines, and they're looking for those jobs," framing the increase as a positive rather than a warning sign."The president has created over 650,000 jobs since he took office in the private sector and most to native-born Amer
  
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• Transportation secretary assures Christmas travel safety despite air traffic control shortages

  18-12-2025 17:01 via foxbusiness.com
  
  Transportation Secretary Sean Duffy insists it will be "safe to fly" as millions of Americans head into the Christmas travel rush — even as the nation’s top aviation regulator delivered a stark warning that U.S. air traffic control towers will never reach full staffing levels."You saw that as we were getting into the last days of the shutdown, we reduced the capacity of airlines by 10% because we saw the trend lines going in the wrong direction. We will take whatever steps are necess
  
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• Air Transat's parent company reports $12.5M loss in latest quarter

  18-12-2025 15:37 via cbc.ca
  The parent company of Air Transat reported a loss of $12.5 million in its latest quarter, compared with a profit of $41.2 million in the same quarter last year.
  
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• Inflation remained elevated in November as Fed considers pausing interest rate cuts

  18-12-2025 14:34 via foxbusiness.com
  
  Inflation remained elevated in November at a level well above the Federal Reserve's target rate as policymakers weigh potential interest rate cuts next year.The Bureau of Labor Statistics said on Thursday that the consumer price index (CPI) – a broad measure of how much everyday goods like gasoline, groceries and rent cost – rose 0.2% in November compared with September, while it increased to 2.7% on a year-over-year basis.Both of the figures were cooler than the expectations of
  
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• A look at Walmart’s innovation center, where cleaner ingredients and trendy flavors take center stage

  18-12-2025 14:00 via foxbusiness.com
  
  Walmart, the world’s largest retailer, says it's keeping its vow to keep costs low while removing synthetic dyes and 30 other ingredients from its private-label brands by January 2027.Walmart offers 18 of its own brands, with seven of these lines generating about $1 billion a year alone. Scott Morris, senior vice president of private brands for food and consumables, gave FOX Business Network a tour of Walmart’s 23,000-square-foot Culinary and Innovation Center to see how the company'
  
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