Top CEOs brace for downturn, warn US economy will worsen in next 6 months

CEO confidence plummeted in just one quarter, as corporate leaders report worsening economic conditions and a shrinking hiring plan, according to a recent survey.

Blame this, not AI, for rising unemployment among young college graduates, study says

Despite persistent fears that artificial intelligence would take away more and more jobs, that may not be the reason a rising number of young college graduates are having trouble finding work.

Here's how much it costs to own a dog or cat in 2026

If it feels like caring for your pet has gotten a lot more expensive lately, you’re not alone: the cost of dog and pet parenthood has risen 15% over the past year.

Tilman Ferittia set to buy Caesars Entertainment
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Houston Rockets owner Tilman Fertitta is set to own Caesars Entertainment, owner of multiple popular casinos in Las Vegas and more. FOX 26's Sherman Desselle explains the deal and turned to an expert to learn how Fertitta benefits from it.

Bakery manager speaks on burglary amid owner's cancer diagnosis | Houston Live & Local
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A Houston Heights bakery has been facing back-to-back challenges: the owner's cancer diagnosis and the shop itself being burglarized. FOX 26's Jillian Hermann spoke to the manager of The Bearded Baker about those challenges, how the community has been stepping up, and more.

Rockets owner Tilman Fertitta to buy Vegas casino 'giant'

The total sale will be for $17.6 billion in cash, including $11.9 billion of Caesars' outstanding debt.

CEO pay grew nearly 6% in 2025, fueled by huge compensation deals

Corporate executive pay continued its upward movement last year, driven by a bump in total compensation. Organizations leveraged high stock performance and one-time financial incentives to maintain executive talent, pushing CEO payments to millions of dollars.

Trump Accounts: What's next to get $1,000 for your child

The Treasury Department is preparing to deposit $1,000 into “Trump Accounts" for babies soon. Parents need to take certain steps so they’re able to receive the money.

421,000 Hyundai Tucson, Santa Cruz models recalled for braking glitch

Hyundai recalled one of its most popular vehicles as well as a truck model over concerns that an issue with its front camera software could cause the vehicles to brake suddenly and unexpectedly, potentially leading to a collision with another vehicle.

What’s open and closed on Memorial Day

Memorial Day is a federal holiday, which means some business operations are affected. Here's what to expect.

20+ boba, coffee, and tea mixes recalled over dry milk Salmonella risk

The list of products affected by a previous dry milk recall grew even longer this week as the Food and Drug Administration identified more than 20 new products that needed to be pulled from shelves.

Krispy Kreme deadline approaching, some people eligible for up to $3,500

Time is running out for those affected by the Krispy Kreme data breach to submit a claim to receive their share of a recent settlement with the company.

PepsiCo expected to increase prices on small chip bags, report says

A new report says that PepsiCo will raise prices on some products after earlier price cuts boosted sales and helped regain customers.

Is cheap gas bad for your car?

As gas prices soar, are the cheapest gas stations OK for your car? We talked to an expert to find out.

Three major hospital systems accuse CVS of secretly siphoning hundreds of millions in drug savings

Three major hospital systems on Monday filed lawsuits accusing CVS Health and its subsidiaries of running a secret scheme that allegedly siphoned hundreds of millions of dollars away from hospitals serving vulnerable and uninsured patients.

SpaceX reveals plans for what could be the biggest-ever IPO

On Wednesday, SpaceX submitted documents to move forward with its highly anticipated initial public offering (IPO). Here's what to know.

Target reports best quarterly sales growth since 2022 under new CEO

Still facing backlash over several boycott attempts, Target is reportedly seeing a surge in sales after launching a major turnaround plan under its new CEO.

Meta, Intuit lay announce thousands of layoffs

The Bay Area tech sector faced a fresh wave of disruption Wednesday as Meta and Mountain View-based software company, Intuit, announced thousands of layoffs, adding to a growing list of major companies slashing their workforces amid rapid shifts in the industry.

Americans turning to installment plans to skip credit cards, live comfortably

More than a quarter of Americans sometimes or often turn to buy-now-pay-later purchase plans when shopping online and many of them are doing so to avoid racking up credit card debt, a new study finds.