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- Oil Prices Rise on Possible Deal to Suspend Attacks in Gulf
Oil prices edged higher after an American official said the U.S. and Iran had agreed to halt attacks in a key shipping lane, raising hopes that hostilities would not escalate. [TheTopNews] Read More.29 mins ago - Fears energy bill rise mean people ‘surviving rather than living’
People in a Lancashire town say they "don't know where the money will come from" if bills go up. [TheTopNews] Read More.4 hours ago - Rogue builder left our roof leaking and spent £30K we gave him in LanzaroteChristian Williams benefitted to the tune of £160,000 from offending - but had just £1 to pay back. [TheTopNews] Read More.4 hours ago
- California cracks down on loud streaming ads under new state law
California viewers fed up with blaring streaming ads may soon get some relief.Starting this Wednesday, July 1, streaming platforms serving California consumers will be barred from running commercials at a higher volume than the shows, movies or other video content they interrupt.The bill, SB 576, was signed into law last October by Gov. Gavin Newsom and extends a long-running television rule to the streaming era.Federal law already requires commercials on broadcast and cable television to match the average volume of the programming they accompany under the 2010 Commercial Advertisement Loudness Mitigation Act.CALIFORNIA VOTERS TO CONSIDER BALLOT MEASURE TO INCREASE TAXES ON BILLIONAIRESNewsom’s office referred FOX Business to the governor’s October 2025 release announcing the signing of the bill."We heard Californians loud and clear, and what’s clear is that they don’t want commercials at a volume any louder than the level at which they were previously enjoying a program," Newsom said at the time. "By signing SB 576, California is dialing down this inconvenience across streaming platforms, which had previously not been subject to commercial volume regulations passed by Congress in 2010."NEWSOM'S POLITICAL DEFENSE FACES SKEPTICISM AS DOJ INVESTIGATION CONTINUESThe bill was authored by Democratic state Sen. Tom Umberg, who said the measure grew out of a frustration familiar to many households as streaming ads suddenly blare over shows and wake sleeping children."This bill was inspired by baby Samantha and every exhausted parent who’s finally gotten a baby to sleep, only to have a blaring streaming ad undo all that hard work," Umberg said."SB 576 brings some much-needed peace and quiet to California households by making sure streaming ads aren’t louder than the shows we actually want to watch."SOME RICH CALIFORNIANS ARE GIVING AWAY CASH TO SKIRT THE STATE'S PROPOSED BILLIONAIRE TAXThe move comes as streaming platforms increasingly lean on ad-supported subscription plans to attract viewers while boosting advertising revenue.GET FOX BUSINESS ON THE GO BY CLICKING HEREGroups including the Motion Picture Association and Streaming Innovation Alliance opposed the bill, arguing many platforms were already working on ways to normalize ad volume, according to The Hollywood Reporter.The Motion Picture Association and Streaming Innovation Alliance could not immediately be reached by FOX Business for comment. [TheTopNews] Read More.9 hours ago - Got the tennis bug? How to play sport without payingAs the world's best players begin play at Wimbledon, how can you get into sport on a budget. [TheTopNews] Read More.10 hours ago
- AI could unleash ‘single greatest productivity revolution’ if Washington avo...FIRST ON FOX: A new report is pushing back on artificial intelligence "doomsday" fears, arguing the technology could unleash one of the biggest productivity booms in American history — unless Washington slows it down with premature regulation.The Unleash Prosperity report, titled "Boomsday Not Doomsday," argues AI is more than another software tool, saying it could make expertise cheaper, expand access to services and raise living standards."I would say that, because of AI, we are headed toward the single greatest productivity revolution in American history," Stephen Moore, co-founder of Unleash Prosperity, told FOX Business. "There's almost no question about it."Critics, however, warn that AI also carries serious risks, including job losses, cyberattacks, disinformation and misuse by bad actors. Some experts worry companies and countries may rush to develop AI too quickly, putting speed ahead of safety.BESSENT LAYS OUT 5 PRINCIPLES GUIDING TRUMP ADMIN'S APPROACH TO ECONOMIC STATECRAFTThe Unleash Prosperity report says that AI could help doctors spend more time with patients, allow teachers to personalize lessons, help builders cut delays, improve manufacturing quality and give small businesses access to more tools."AI makes routine cognitive work cheaper," the report states. "… These incremental improvements add up to enormous benefits when doctors, teachers, contractors, and other professionals spend more of their day on real work and less on paperwork and bureaucracy."Moore said AI could also play a major role in addressing affordability, including housing costs."The cost of building a home will be cut in half due to AI," Moore said. "There's a lot of talk about affordability and how nobody can afford to buy a house. … If you cut the cost of building a house in half, all of a sudden it's a lot more affordable."The report additionally pushes back on fears that AI will wipe out millions of jobs, saying similar concerns have followed previous breakthroughs, including tractors and computers."Every major invention of the last 100 years has made the American economy more productive and led to more jobs, not less," Moore said.NOBEL ECONOMIST WARNS AI DOOMSDAY JOB FEARS COULD BECOME SELF-FULFILLING PROPHECYThe report points to agriculture as one example. In 1900, nearly 40% of the U.S. workforce worked in agriculture, compared with less than 2% today, while America produces far more food. Moore said AI could similarly move workers into new, higher-value roles rather than eliminate work altogether.Moore said the fear around AI often comes from focusing on the potential risks… [TheTopNews] Read More.10 hours ago
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