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Business
BlackRock's Larry Fink says expanding market participation is needed to address wealth gap amid AI boom
BlackRock CEO Larry Fink warned in his annual chairman's letter that wealth inequality could worsen if more people don't participate in financial markets to reap the benefits…
Mortgage rates jump as Iran conflict hits housing market
Mortgage rates spiked this week as the conflict in Iran continues to weigh on markets, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market…
Household cleaning tool recalled after dozens of burn injuries reported
Wagner Spray Tech is recalling about 700,000 power steamers in the U.S., plus roughly 8,000 sold in Canada, after reports the products can overheat and cause burn injuries,…
Tom Brady opens up about his health amid GLP-1 surge: Water, movement and discipline
As the market for GLP-1 weight-loss drugs explodes toward a projected $150 billion, NFL legend Tom Brady is stepping into the arena — not to promote a magic pill, but to…
Meta slashes roughly 700 jobs; layoffs hit multiple teams across the company
Meta is cutting roughly 700 jobs on Wednesday, a source familiar with the matter confirmed to FOX Business. The layoffs are expected to affect several key areas, including…
Maine lobster industry hit by harsh winter, falling catch and rising costs
PORTLAND, Maine – Maine’s lobster industry is facing mounting pressure after a harsh winter reduced fishing activity, slowed catches and added to rising costs across the…
Supreme Court tosses $1B copyright verdict in record companies' battle over illegal internet downloads
The Supreme Court unanimously ruled Wednesday that internet providers are not liable for copyright infringement by their users, delivering an opinion in Cox v. Sony and…
Trump slams Supreme Court justices he appointed as ‘bad for our country’ after tariff ruling
President Donald Trump blasted two Supreme Court justices that he appointed as "bad for our country" after they sided with the majority in a ruling that undercut his tariff…
Jamie Dimon says US has 'become like Europe' on defense, and it's holding the country back
JPMorgan Chase CEO Jamie Dimon said on Tuesday that the U.S. is becoming more like Europe in terms of defense procurement, and it's holding the country back. Dimon spoke at…
Meta slashes roughly 700 jobs; layoffs hit multiple teams across the company
Meta is cutting roughly 700 jobs on Wednesday, a source familiar with the matter confirmed to FOX Business. The layoffs are expected to affect several key areas, including…