business news
Labor Dept. accused of echoing Nazi slogan in social media post
A sign is displayed at the U.S. Department of Labor Frances Perkins Building on June, 2025 in Washington, DC. Kevin Carter | Getty Images A controversial social media post from the Department of Labor has poured gasoline on already-smoldering accusations that the Trump administration is amplifying rhetoric and imagery linked to extreme right-wing ideologies. The […]
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Trump to pardon ex-Puerto Rico governor Vázquez in campaign finance case, official says
Puerto Rico Governor Wanda Vazquez speaks at a news conference in San Juan, Puerto Rico Jan. 19, 2020. Ricardo Arduengo | Reuters President Donald Trump plans to pardon former Puerto Rico Gov. Wanda Vázquez, a White House official said Friday. Vázquez pleaded guilty last August to a campaign finance violation in a federal case that authorities say […]
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OpenAI has committed billions to recent chip deals. Some big names have been left out
Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, on Feb. 3, 2025. Tomohiro Ohsumi | Getty Images In November, following Nvidia’s latest earnings beat, CEO Jensen Huang boasted to investors about his company’s position in artificial intelligence […]
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Kevin Hassett pivots to possible ‘Trump cards’ amid credit card battle with banks
Key Points Kevin Hassett told Fox Business that U.S. banks could voluntarily provide credit cards to underserved Americans. President Donald Trump called for banks to cap credit card interest rates at 10%, an idea that has been roundly rejected by industry executives and their lobbyists this week. At least one major credit card issuer and […]
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OpenAI to begin testing ads on ChatGPT in the U.S.
OpenAI CEO Sam Altman visits “Making Money With Charles Payne” at Fox Business Network Studios in New York on Dec. 4, 2024. Mike Coppola | Getty Images OpenAI on Friday announced it will begin testing ads within ChatGPT in the coming weeks, a highly anticipated decision that could kickstart a lucrative new revenue stream for […]
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Micron stock climbs as CEO highlights AI demand for memory
Micron stock rose 6% Friday as investors looked to buy AI chip supply chain stocks after Taiwan Semiconductor Manufacturing Company reported robust earnings on Thursday, signaling continued AI infrastructure spending. Shares of Micron, one of the makers of memory and storage for artificial intelligence systems, are up 52% over the last month, as memory is […]
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Latest U.S. sanctions target Houthi funding networks, Treasury says
U.S. Treasury Secretary Scott Bessent delivers remarks during a roundtable discussion with farmers hosted by President Donald Trump in the Cabinet Room of the White House in Washington, Dec. 8, 2025. Alex Wong | Getty Images The Trump administration issued fresh sanctions on Friday further targeting the Iran-backed Houthis in Yemen and the transfer of oil products, […]
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Stocks making the biggest moves midday: Novo Nordisk, Vistra, GE Vernova, Regions Financial and more
Check out some of the companies making headlines in midday trading: Novo Nordisk — The maker of the Wegovy obesity treatment jumped more than 4% as sales of its oral weight loss treatment got off to a strong start. In the first week of its launch, about 1.3% of Wegovy prescriptions were for the oral […]
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Novo Nordisk shares rise 5% after Wegovy obesity pill has ‘solid’ launch
A pharmacist displays a box of Wegovy pills at a pharmacy in Provo, Utah, US, on Thursday, Jan. 15, 2026. George Frey | Bloomberg | Getty Images Shares of Novo Nordisk rose more than 5% on Friday after early prescription data showed an encouraging start to the U.S. launch of the company’s new GLP-1 pill […]
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ASML hits record high on AI boost — and analysts see plenty of room to run
A logo on the exterior of the ASML Holding NV headquarters in Veldhoven, Netherlands, on Wednesday, Jan. 24, 2024. Peter Boer | Bloomberg | Getty Images Dutch semiconductor equipment company ASML has held gains to hit record highs, following Taiwanese chipmaker TSMC’s strong earnings report on Thursday. ASML — Europe’s most valuable company and the […]
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