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Business
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…
Dr. Oz warns foreign nationals may be tied to US hospice fraud, points to LA as hotspot
Networks of foreign nationals may be linked to U.S. hospice fraud, Centers for Medicare & Medicaid Services Administrator Dr. Mehmet Oz warned Wednesday in a FOX Business…
Federal judge dismisses lawsuit claiming Fanatics, pro sports leagues monopolized trading card industry
A class action lawsuit filed against Fanatics, the NFL, NBA, MLB, their respective players associations and OneTeam, which serves as the commercial vehicle for the players…
Social media trial verdict: What happens now, how much will tech giants really pay?
A $6 million verdict against Meta and Google in a closely watched social media addiction trial may signal the start of a far broader legal threat for the tech giants. A Los…
New proposal would cap Social Security benefits at $100K for wealthy couples
Social Security is facing the threat of insolvency in less than a decade, and a new proposal would cap the amount of Social Security benefits that a couple could receive each…
Meta slashes hundreds of jobs; layoffs hit multiple teams across the company: reports
Meta is cutting hundreds of jobs Wednesday, the company confirmed to FOX Business. A spokesperson said the layoffs are part of ongoing restructuring efforts, noting that the…
Postal Service to implement first-ever fuel surcharge amid mounting fuel costs, financial challenges
The U.S. Postal Service is reportedly planning to impose a fuel surcharge on package deliveries for the first time in the agency's history amid surging fuel costs. The Wall…
Lyft to launch nationwide fuel savings program as drivers feel pinch from rising gas prices
Lyft is rolling out a temporary relief plan for its drivers across the U.S. as rising gas prices continue to cut into earnings. The company announced Wednesday that the 60-day…
Rowe warns of massive workforce shakeup, says Sanders is right: ‘Revolution unlike anything' we’ve seen coming
A rare point of agreement is emerging across ideological lines as concerns grow over how artificial intelligence could reshape the American workforce. Mike Rowe, CEO of the…
Iran war fuels Asia energy crunch as India, Japan, others feel strain
The latest phase of the Iran war is locked on the Strait of Hormuz and critical energy infrastructure. Already, its effects are rippling thousands of miles away in Asia. Asia…