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Banks warn AI shopping agents could increase risk of scams, fraud and data privacy breaches21:36 A coalition of global banks says agentic AI tools that make purchases on behalf of consumers could expose card details and weaken payment security. CEO warns high diesel costs could trigger a 'vicious cycle' of surging food prices21:04 Pivot Bio CEO Chris Abbott warns of a vicious cycle’ for American farmers during harvest season as diesel costs rise. Canadian business leader warns trade uncertainty risks 'capital chill' as USMCA talks drag on20:32 Goldy Hyder, the CEO of the Business Council of Canada warns that ongoing uncertainty over the USMCA trade agreement risks creating a "capital chill" for investments. Mortgage rates top 7% for first time since early 202518:23 The average rate on a 30-year fixed mortgage rose this week to 7.03%, according to the latest Freddie Mac data released Thursday. That is up from last week s reading of 6.95%. Peter Schiff predicts economic 'downturn,' higher oil prices: 'I don't think it's over'17:50 Peter Schiff indicated during an interview that he expects oil prices to head higher regardless of whether the Iran war ends, and thinks that there will be an economic "downturn." Starbucks to close 250 stores: 'Difficult decision'14:38 Starbucks COO Mike Grams revealed plans to shutter about 250 coffeehouses across North America, citing struggles with financial performance. Google partners with veterans groups to help 25,000 enter skilled trades careers amid worker shortage14:38 Google revealed to FOX Business an initiative addressing the workforce shortage in skilled trades by training veterans for roles like electrician and pipefitter. Bank of America to hire 1,000 more apprentices, invest $150M in workforce development11:23 Bank of America is adding 1,000 apprentices and committing $150 million to workforce development in a push to expand career pathways beyond traditional college degrees. Tesla Full Self-Driving repeatedly exceeded speed limits, attempted prohibited cyclist passes in Belgium test4:25 Tesla s Full Self-Driving system exceeded speed limits in most 30 km/h zones tested around Brussels, a Belgian road safety group s report found. Anthropic CEO says AI could cure most major diseases within next decade3:53 Anthropic CEO Dario Amodei predicts AI could help cure most diseases in five to 10 years as Claude discovers a potential new gene editing mechanism. Australian prime minister says OpenAI agent accessed government health website, raises 'extreme concern'2:49 Australian Prime Minister Anthony Albanese said investigations are ongoing into the June incident involving Australia s Medicare Statistics Reporting Service portal. Melania Trump urges AI 'vigilance,' says Americans need to get educated1:46 First lady Melania Trump advocates for vigilance and education regarding artificial intelligences and shares how she uses the technology during and appearance on "The Big Money Show." Florida woman died after eating E coli-tainted frozen blueberries from Publix, lawsuit alleges0:42 A Florida family is suing Publix and Quirch Foods, alleging contaminated GreenWise frozen blueberries caused a woman s death and hospitalized her son. LARRY KUDLOW: Getting rid of the IRGC and the Houthis is better than a Diesel price control ban0:42 Cutting back diesel for export means cutting back oil, which means cutting back gasoline, which means shortages of gasoline and higher gasoline prices Adidas becomes Unrivaled's official uniform and performance apparel partner in multiyear partnership0:42 Adidas became Unrivaled s official uniform and performance apparel partner in a multi-year deal debuting in the 2027 season of the 3-on-3 league. |