The CEO of Invitation Homes, the nation’s largest owner of single-family rental homes, said he believes the recently passed housing bill prohibiting investors like him from buying existing homes will eventually drive down home prices, but not anytime soon. “I think in the medium to long term, that’s definitely how it will be,” Invitation Homes … Read more
A Target logo is displayed on a sign outside of a department store on March 23, 2026 in San Diego, CA. Kevin Carter | Getty Images News | Getty Images Target announced it has named its first chief artificial intelligence officer on Tuesday in the retailer’s latest bid to capitalize on the AI boom. The … Read more
Baby products company Frida is expanding into a line of personal care products for children ages 6 to 11 that will be sold at Walmart and on Amazon, the company exclusively told CNBC. CEO Chelsea Hirschhorn said the launch marks a natural next step for the company, which has seen its first customers age into … Read more
Nvidia raises $500 billion from Wall Street giants to develop AI projects bbc.comNVIDIA partners with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to establish AI computing infrastructure financing platforms to mobilize more than $500 billion of third-party capital NVIDIA NewsroomThe dangers of Wall St.’s rush to invest billions more in AI The New York … Read more
No winning tickets were sold for Monday night’s $905 million Powerball jackpot, so the estimated grand prize for Wednesday night’s drawing will be at least $975 million, Powerball says. The estimated cash value would be at least $422.3 million. Jackpots tend to grow as more and more tickets are sold. Monday’s winning numbers were 6, … Read more
Key TakeawaysInflation is forecast to rise moderately in July after an unexpected drop in June. A drop in gas prices in early July should keep headline inflation in check despite a rebound later in the month. Economists expect inflation to return to recent trends, among other key aspects of the report. Economists say prices at … Read more
Trump Media Reports $238 Million Loss as Cryptocurrencies Fall BBCTraffic to Trump’s Truth Social Drops Sharply This Summer The New York Times As Trump Media Ditches Some Companies, It’s Doubling Down on Truth Social and the President San Francisco Chronicle Trump’s Media Company, Which Also Owns Truth Social, Reports a $238 Million Loss The Guardian … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, USA, August 7, 2026. Jeenah Moon | ReutersStock futures were little changed in overnight trading on Monday, as investors weighed signs of progress toward reopening the Strait of Hormuz against lingering doubts that the United States and Iran can … Read more
See what you click on FoxBusiness.com. Nearly 30,000 pounds of raw meat imported from South America have been recalled in two states for failing to reinspect the product after arriving in the U.S., according to the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS). Florida-based Corte Argentino USA LLC is recalling about 29,628 … Read more
A yacht owned by Mark Zuckerberg did not immediately respond to a call for help from a skiff that ran out of fuel off the coast of Alaska, but a maritime law expert said Monday that the crew may not have been forced to do so after the Coast Guard determined the ship was not … Read more