Bank of America profit falls on $3.7B in charges
The U.S. lender posted net income of $3.1 billion, or 35 cents a share, for the three months ended Dec. 31. That compares with $7.1 billion, or 85 cents a share, a year earlier.
Google shows off latest AI tools at CES
Google showed off new artificial intelligence tools and features across the Google and Android ecosystem this week at the CES 2024 trade show in Las Vegas.
Despite the hype over generative AI, most CEOs are taking a 'wait and see' approach
A new report from Boston Consulting Group found that nine out of ten executives are holding off on embracing generative artificial intelligence until the hype wears off.
Wall Street firms block client access to new spot Bitcoin ETFs
Large Wall Street firms are blocking retail investors from accessing the new “spot" Bitcoin ETFs recently approved by the SEC, FOX Business has learned.
Texas man says Walmart mistook him as shoplifter, demands free stuff for life
A Texas man is suing Walmart in federal court and seeking $100 million in damages or free unlimited shopping at any of its stores for life after an incident that took place at a store in Omaha, Nebraska, in March 2021.
Video game voice actors furious over SAG-AFTRA union's AI licensing deal
A licensing agreement reached between SAG-AFTRA and the artificial intelligence gaming company Replica Studios has some voice actors up in arms.
OpenAI launches GPT store for custom chatbots
OpenAI’s store of user-built ChatGPT bots has officially become available, according to the Microsoft-backed company. OpenAI had previously aimed for a November release for GPT Store.
Inflation increased to 3.4% in December – Here's what that means for mortgage rates
Consumer prices increased more than expected in December and could put interest rate decreases further in the distance.
Kevin O'Leary on why he 'would never buy an ETF'
O'Leary Ventures Chairman Kevin O'Leary weighs pros and cons of investments in electric vehicles, cryptocurrency and Boeing stock.
'Cautious' SEC Chair Gensler has blessed Bitcoin through an ETF: Cathie Wood
Ark Invest CEO and CIO Cathie Wood joined ‘Cavuto: Coast to Coast’ to analyze the cryptocurrency market along with Elon Musk and his impact on Tesla’s stock price.
Mortgage rates rise for second consecutive week
Mortgage rates climbed for the second consecutive week, remaining in the mid-six percent range. The housing market has seen some increase in demand but remains largely stagnant.
Bitcoin ETFs open up access to crypto for a broad group of investors
FOX Business' Charlie Gasparino and Grayscale CEO Michael Sonnenshein discuss the significance of the SEC's new Bitcoin ETF approvals on 'Cavuto: Coast to Coast.'
This week's personal loan rates lower for 3- and 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Today's mortgage rates rise for 30-year terms
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
Spot Bitcoin ETFs: How to invest and what it means
The SEC has opened up cryptocurrencies to a new crop of investors after approving spot Bitcoin ETFs in a move that will offer more protections for those investing in the asset class.
Reputation risks posed by AI loom for companies as election year heats up, expert warns
Companies should be vigilant about reputational risks posed by bad actors leveraging AI for political purposes as the U.S. election season is poised to heat up in 2024.
Investment company announces new non-woke, anti-ESG shareholder-focused retirement plan for small businesses
Strive Asset Management is launching a new non-woke and anti-ESG 401(k) retirement plan that its CEO says will prioritize shareholder profits, unlike large investment companies.
Ark Invest CEO Cathie Wood addresses Bitcoin ETF approval 'hoax'
Ark Invest CEO Cathie Wood joined 'The Claman Countdown' Wednesday where she addressed the SEC's false post on the Bitcoin ETF decision.
NASCAR-inspired Costco with one-of-a-kind design to open across Daytona International Speedway
A unique Costco with a NASCAR-inspired design is gearing up to open across Daytona International Speedway in February, One Daytona announced.
Walmart, Sam’s Club integrating generative AI into shopping and store experiences
Walmart and Sam's Club are integrating generative artificial intelligence to make it simpler for shoppers to find what they're looking for and streamlining associates' workflows.