FOX Business Briefs 7/1
Stocks wrapped up first half of the year with fresh records; Renault to take $11 billion hit on its stake in Nissan; L'Oréal to acquire fast-growing professional haircare brand; Amazon on cusp of using more robots than humans in warehouses.
Don Peebles ‘shocked’ that epicenter of capitalism has elected a socialist in the Democratic primary
The Peebles Corporation founder, Chairman and CEO Don Peebles weighs in on the impact of Zohran Mamdani's policies on New York real estate, the Democratic Party being 'hijacked by the left wing' and the California housing market.
Tisha Alyn aims to 'create a new era of women's golf' with her brand
Influencer Tisha Alyn is taking on a big challenge of changing women's golf for the better — from tackling dress codes to adding tee holders to hats.
Nvidia insiders dump more than $1 billion in stock: report
Nvidia executives have offloaded over $1 billion in shares during the company's AI-driven stock surge, with CEO Jensen Huang's potential sales potentially worth $900 million this year.
Tisha Alyn talks goal to change women's golf
Influencer Tisha Alyn talks to Fox Business about her new women's golf brand.
What is AI inference and why is it important?
Futurum Group research director Ray Wang explains what AI inference is and more on 'Making Money.'
Canada rescinds digital services tax for the US: What is it and why did Trump want it gone?
Canada rescinded its 3% digital services tax that was due to take effect on Monday morning after President Donald Trump threatened to halt trade talks.
Trump reveals US' next move for trade partners
President Donald Trump shares his outlook for the economy, his plan for U.S. trade partners, tariff policy and bringing 'respect and dignity' back to America.
Critics say socialist mayoral frontrunner threatens NYC's economic capital
New York City mayoral candidate Zohran Mamdani's socialist platform with a $30 minimum wage and free childcare sparks debate over the future of the city's over-$1 trillion economy.
Landing a Goldman Sachs internship as difficult as NASA astronaut acceptance
With 2,600 spots for over 360,000 applicants, Goldman Sachs internships rival NASA's astronaut program as applications surge 300% since CEO David Solomon took over in 2018.
Tesla's newly launched robotaxi service experiences driving issues, traffic problems: report
Since Tesla's recent launch of its robotaxi service in Austin, videos have emerged showing driving problems including speeding, sudden braking and driving over a curb.
Salesforce boss reveals the stunning amount of work now handled by AI
Salesforce CEO Marc Benioff revealed the software company uses artificial intelligence technology to perform quite a bit of its work, telling Bloomberg it is "doing 30% to 50%."
US regulator directs Fannie Mae, Freddie Mac to consider cryptocurrency as an asset
FHFA instructed Fannie Mae and Freddie Mac to prepare proposals for including cryptocurrency as an asset for mortgage reserves without converting to U.S. dollars.
Mortgage rates fall for 4th straight week, lowest since early May
The average rate on the 30-year fixed mortgage fell this week to 6.77%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.81%.
Judges rule against authors over AI companies training models on books without permission
Federal judges side with AI developers in copyright cases, citing fair use while acknowledging potential market impact of AI on creative works.
James Comer probes if government played role in 'debanking' conservatives
House Oversight Committee Chairman James Comer is continuing to probe the alleged 'debanking' of conservatives.
Pace of innovation is accelerating: Lou Basenese
'The Big Money Show' panel discusses China looking to close the artificial intelligence advancements gap with the U.S.
Lawmakers grapple with questions of safety vs speed in AI race with China
Bipartisan lawmakers stressed U.S. dominance in AI development over China, as witnesses highlighted the need for smart guardrails to balance safety with technological advancement.
Nvidia shares to see a boost amid AI demand: R 'Ray' Wang
Constellation Research found R 'Ray' Wang breaks down Micron's anticipated earnings report and his expectations for Nvidia's annual shareholder meeting.
Three Mile Island set to reopen in 2027, one year ahead of schedule
FOX Business' Madison Alworth reports from Middletown, Pennsylvania, on the demand for nuclear energy as the Three Mile Island nuclear plant is set to reopen in 2027.