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Browsing: Business

Business

Spotify now represents one-third of the music industry's total recorded revenue in 2025

Spotify announced Wednesday that the company now accounts for roughly one-third of the music industry’s recorded music revenue, further cementing its...

Business

US-South Korea trade tensions flare over treatment of American tech firms including Coupang

A growing dispute between Washington and Seoul over the treatment of American technology companies has escalated into a broader trade confrontation. A...

Business

Bank of America to match $1,000 government deposits for Trump accounts

Bank of America announced Wednesday that it will be contributing funds to the proposed "Trump accounts" for eligible employees.The bank said it will m...

Business

Amazon to cut 16,000 roles as it looks to invest in AI, remove ‘bureaucracy’

Amazon said Wednesday it will cut approximately 16,000 roles across the company as part of an organizational overhaul aimed at reducing bureaucracy an...

Business

Restaurant giant files for bankruptcy under massive debt shortly after touting major expansion

Restaurant franchiser FAT Brands, which owns popular fast-casual chains including Fatburger, Johnny Rockets and Twin Peaks, has filed for bankruptcy a...

Business

Chinese-made teething toys sold on Amazon recalled over fatal choking risk

More than 6,000 teething toys sold on Amazon are being recalled after federal safety regulators linked the products to dozens of choking incidents, in...

Business

LARRY KUDLOW: Why not obey the laws?

President Trump was in Iowa today riffing about closing the border, safety and law and order in the country, including by the way, Minnesota, remindin...

Business

Meta blocks controversial site that allegedly published thousands of DHS employee names

Meta is blocking users from sharing links to a controversial website called "ICE List," which allegedly published thousands of names of Department of...

Business

Fed expected to pause rate cuts after 3 straight reductions amid uncertainty over jobs, inflation

Federal Reserve policymakers are expected to hold interest rates steady when they conclude their first meeting of the new year on Wednesday, as centra...

Business

Kendall Jenner turns 'Kardashian Kurse' into Super Bowl LX betting strategy for Fanatics Sportsbook

As Super Bowl LX commercials started to roll out already, Fanatics Sportsbook called upon a certain high-profile figure for their spot in the "Big Gam...

Business

Consumer confidence plunges to lowest level in more than a decade

U.S. consumer confidence slumped to the lowest level since 2014 in January, sinking below pandemic-era lows as Americans are concerned about the labor...

Business

McDonald's brings back an iconic item from the 1980s

McDonald's is bringing back its iconic Changeables Happy Meal toys, albeit revamped, for the first time in decades. The fast-food chain told FOX Busin...