Ex-trader files $400M lawsuit against UBS over Libor manipulation scandal
Tom Hayes launches legal action against UBS, seeking $400 million in damages and alleging the Swiss bank made him the fall guy in the Libor rate-rigging scandal.
Wyoming senator says US can ‘set its own table’ for an AI-focused future
Sen. Cynthia Lummis, R-Wyo., discusses the United States’ artificial intelligence power push on ‘Making Money.’
FOX Business Briefs 10/28
Amazon and UPS announce layoffs; Royal Caribbean sees cruise demand accelerate; revenue up at The North Face and Timberland; OpenAI and PayPal team up.
Financial expert breaks down profitability of AI for major companies
UBS Private Wealth Management managing director Alli McCartney discusses the factors driving AI market momentum and more on ‘Making Money.’
Nvidia launches massive AI push with major partnerships across multiple industries
Nvidia announced major AI partnerships with Palantir, T-Mobile, Uber and other companies to advance artificial intelligence infrastructure across industries.
OpenAI is 'years ahead' of big tech names, says analyst
I/O Fund lead tech analyst Beth Kindig breaks down the top 15 stocks heading into the end of the year and what is 'critical' for the next leg up in A.I. on 'Making Money.'
PayPal partners with OpenAI to allow customers to check out in ChatGPT
PayPal becomes first payment platform integrated into ChatGPT, enabling instant checkout for millions of users through new AI-powered commerce partnership.
Experts say work-from-home era is fading fast — here’s why
President of Leasing at Newmark Liz Hart joins ‘Varney & Co.’ to discuss the nationwide return-to-office trend, surging demand for commercial space and why companies say in-person collaboration is key to productivity in the age of AI.
Banks, credit unions urge Congress to end government shutdown as economic fallout grows
Major banking groups urge Congress to end government shutdown as economic risks mount for small businesses and communities nationwide during crisis.
Government shutdown enters new phase as federal workers, families feel pain
Rep. Ro Khanna, D-Calif., defends former President Joe Biden's energy policy and discusses fallout from the government shutdown on 'Mornings with Maria.'
Bank of America CEO cautions over middle class feeling the 'pinch' as economy faces new threats
Between inflation and the government shutdown, Bank of America's Brian Moynihan explains why consumers have to be "careful" when it comes to spending amid a strained economy.
Workers using AI to scam their employers with phony expense receipts: report
Workers using AI to create fake expense receipts face serious consequences. New report shows 14% of fraudulent documents are now AI-generated with legal warnings.
Chegg cuts 45% of staff as AI reshapes online learning business
Chegg cuts 45% of workforce as AI disrupts online learning platform. Santa Clara company eliminates 388 jobs amid declining traffic and revenue challenges.
Musk's new Grokipedia crashes on launch day, hosts nearly 900K articles
Grokipedia crashes hours after launch as Elon Musk's Wikipedia rival debuts with 885,279 articles, many appearing to be copied directly from Wikipedia itself.
Department of Energy, AMD teaming up to build two AI supercomputers to boost US scientific leadership
Energy Secretary Chris Wright details the Department of Energy's partnership with AMD to strengthen America's leadership in scientific computing through two new AI-powered supercomputers on 'The Claman Countdown.'
Google teams up with energy giant to revive a long-shuttered nuclear plant
Iowa's only nuclear power plant returns to life through a Google-NextEra partnership, marking a watershed moment for America's growing energy demands.
See inside JPMorgan’s new $3B global headquarters in New York City
JPMorgan Chase opened a $3 billion global headquarters in New York City as Wall Street leaders worry about the city's economic future under potential new leadership.
Amazon unveils high-tech eyeglasses, AI to boost efficiency of deliveries
Amazon's Delivering the Future Summit in California showcased AI-powered robotics and the future of the e-commerce giant's delivery wing.
Why scholars condemn capitalism and lean into socialism
Capitalism is shrinking across American universities as socialism gains in popularity. FOX Business Network's David Asman takes a look at this troubling trend.
Investment expert reveals where Chinese market is 'out-performing' US and India markets
Mobius Emerging Opportunities Fund chairman Mark Mobius breaks down where China and the United States are 'unlikely' to give in, how he would invest 'cautiously' in the Chinese market and more on 'The Claman Countdown.'