R 'Ray' Wang: Anyone who thinks that AI growth isn't real isn't 'facing reality'
Constellation Research founder R 'Ray' Wang assesses Meta, Alphabet and Microsoft's artificial intelligence spending on 'Varney & Co.'
Markets
FedEx, UPS pledge to refund customers after Supreme Court tariff decision
FedEx and UPS plan to pass tariff refunds back to customers after a Supreme Court ruling struck down duties imposed under IEEPA.
Money
Credit expert warns borrowers about the 'American drain' as new mortgage scoring models take effect
Credit repair expert Micah Smith says new VantageScore 4.0 mortgage rules let rent payments count, but warns late payments and high balances cut both ways.
Lifestyle
Chanel unveils sandal that only covers heel, sparking mixed reactions
Chanel's controversial new sandal leaves most of the foot exposed, sparking heated debate online after debuting at the Cruise 2027 show in Biarritz.
Real Estate
California built more homes than people over six years — so why is housing still so tight?
California added 677,000 housing units while population grew by just 39,000, but vacancy rates remain tight amid a longstanding housing shortage.
Best of Business
Dave Portnoy blasts self-checkout tip kiosks over gratuity guilt: ‘I don’t do it to be a nice guy’
Barstool Sports founder and President Dave Portnoy weighs in on the new tipping trend that has caused consumers to further squeeze their bank accounts.
Tech
Sticker Mule demands Google fix ‘mislabeled’ ads tying company to CEO’s New York political campaign
Sticker Mule demands Google correct what it calls an error that labeled its commercial ads as paid for by the Constantino for Congress campaign.
Sports
UFC, Bud Light team up to make already highly anticipated summer of fights that much better: 'A fan delight'
UFC unveiled its Bud Light Summer Series, beginning in Newark and expanding nationwide, setting the stage for one of the promotion’s biggest summers ever.
Small Business
Mamdani tax break proposal sparks fears as business leaders warn of ‘fragile’ NYC economy
Business leaders warn NYC Mayor Zohran Mamdani's proposal to scale back a key tax credit could hurt small businesses and drive companies out of the city.
Personal Finance
Credit expert warns borrowers about the 'American drain' as new mortgage scoring models take effect
Credit repair expert Micah Smith says new VantageScore 4.0 mortgage rules let rent payments count, but warns late payments and high balances cut both ways.
Luxury Properties
Johnny Carson's former Bel Air mansion hits the market for staggering $40M price tag after decades
Johnny Carson's former Bel Air mansion hits the market for $40 million. The 9,052-square-foot luxury home features six bedrooms, a tennis court and a pool.
Rich & Famous
Dolly Parton opens Dollywood's 41st season, promises more projects ahead: 'I ain’t near done'
Dolly Parton kicked off top-ranked Dollywood's new season and reassured fans about her health. The park unveiled a major new attraction for this year, and continues to expand.
Gadgets
Recall reannounced for power banks after charger causes fire on plane, death to 75-year-old woman
Federal regulators reannounced a recall of 429,000 Casely MagSafe power banks after a woman's death and a fire on a plane from overheating chargers.
Your Money
Fox-owned Credible promotes Robert Humann to CEO role
Credible promotes Chief Revenue Officer Robert Humann to CEO after nearly 10 years with the Fox Corporation-owned consumer finance technology platform.
Future Tech
'Romantic' or real? Lighter-than-air zeppelin travel may just make it off the ground, if the market agrees
In an era of “green" gimmicks and sky-high risk, author John J. Geoghegan says only capitalism can determine if lighter-than-air travel has legs.
College
Major Texas university adds Shein to list of banned Chinese companies
University of Texas at Austin bans Shein from campus networks following Gov. Abbott's directive targeting Chinese companies over cybersecurity concerns.
Personal Real Estate
This California town tops the most expensive rental market in the nation for third year running
Santa Cruz County in deep blue California was named the least affordable U.S. rental market in 2025, requiring $81.21/hour to rent a modest two-bedroom apartment.
Retirement
BlackRock: As Americans struggle to save for retirement, 71% back this Trump proposal
BlackRock survey reveals 30% of Americans have no retirement savings, but more than 70% support proposed Trump Accounts for newborns.
Money in Politics
O’Leary slams NYC tax plan as ‘sheer blind stupidity,’ defends wealthy investors
O'Leary Ventures Chairman Kevin O'Leary criticizes NYC tax proposals targeting wealthy investors, saying the policy risks undermining economic activity.
Business Leaders
Elon Musk attorney claims OpenAI, Sam Altman ‘stole a charity’ as high-stakes legal fight begins
Elon Musk’s legal battle against OpenAI begins with sharp accusations, as his attorney claims Sam Altman turned a nonprofit into a profit-driven empire.
Travel
United pilot reports midair drone scare near airport during landing approach
A United Airlines pilot reported a possible drone encounter at thousands of feet while approaching a major airport, raising concerns about unauthorized devices in restricted airspace.
US Markets
UAE exits OPEC and OPEC+, seeking output flexibility as global energy markets tighten
UAE departs OPEC and OPEC+ citing strategic priorities and flexibility as geopolitical tensions disrupt global oil markets and supply chains.
Food & Drinks
Costco changes beloved $1.50 hot dog deal for the first time in decades: reports
Costco's iconic $1.50 hot dog and drink combo reportedly now offers a Kirkland Signature bottled water swap option alongside the traditional soda.
NFL
Fanatics, NFL announce multi-year partnership for on-site retail at marquee events, including 2026 NFL Draft
Fanatics and the NFL announced an exclusive, multi-year partnership where the global sports platform will be the league's on-site retail partner at marquee events.
AI
Elon Musk attorney claims OpenAI, Sam Altman ‘stole a charity’ as high-stakes legal fight begins
Elon Musk’s legal battle against OpenAI begins with sharp accusations, as his attorney claims Sam Altman turned a nonprofit into a profit-driven empire.
Elections
Massie says Musk never donated to his re-election campaign despite prior pledge
GOP Rep. Thomas Massie of Kentucky indicated that as far as he knows, entrepreneur Elon Musk has not donated to his re-election campaign.
Oil
Bessent says US seized nearly $500M in Iranian crypto as Operation Economic Fury sends regime into ‘crisis’
Treasury Secretary Scott Bessent says the U.S. maximum economic pressure campaign on Iran has sent the regime into "crisis," with nearly $500 million in crypto assets seized.
Arts
Gold Trump coin moves forward after Treasury invokes rare authority
The U.S. Mint is advancing a gold commemorative coin featuring President Trump after the Commission of Fine Arts approved a design, Treasury officials say.
