FIRST ON FOX: Cracker Barrel is highlighting a series of changes the restaurant chain has implemented in the wake of aggressive backlash from customers in recent weeks, ranging from a throwback in biscuit preparation to the elimination of Diversity, Equity and Inclusion (DEI) programs. Cracker Barrel is poised to announce…
On Tuesday, the Bureau of Labor Statistics (BLS) published a revision of its latest job numbers, a report that shows just how far off its estimates of overall employment were from reality. The latest data just confirms what many already suspected—that the situation is worse than we thought. There’s something…
Oracle’s stock surge has pushed co-founder Larry Ellison’s net worth higher by tens of billions of dollars the last two days and puts him ahead of Tesla CEO Elon Musk as the richest person in the world. The software giant’s stock surged in after-hours trading following an earnings release that featured…
Buy now, pay later company Klarna is making its long-awaited initial public offering on Wednesday after raising $1.37 billion. The Swedish firm priced its IPO at a higher-than-expected $40, above the $35 to $37 expected range, valuing the company around $15 billion.COSTCO ROLLS OUT BUY NOW, PAY LATER FOR BIG…
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Things have never been better for the U.S. crypto industry, and the Winklevoss twins, Tyler and Cameron, have a roadmap…
Shares in the manufacturer of Tylenol plunged on Friday following a report that Health and Human Services (HHS) Secretary Robert F.…
Constellation Brands lowered its outlook for its current fiscal year as consumer demand for beer weakened, particularly for high-end beer…
Nuclear energy, left for dead over the past thirty years or so, is back. “There has been a huge policy…
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Home prices are rising, which is boosting American homeowners’ net worth – though those gains may be eroded by stubbornly high inflation. Data from Realtor.com showed that median home listing prices were up 0.5% in July from a year ago, though the outlet noted in…
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Mortgage rates fell to the lowest level since October 2024, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage fell to 6.5% from last week’s reading of 6.56%. This week’s figure was the lowest since…
Gold prices slipped on Thursday, marking a pause in what has been a record-breaking rally that has seen market prices for the precious metal surge over the last year. Long considered a safe haven asset to hedge against economic uncertainty, gold has risen as investors deal with concerns about the U.S.…
Cracker Barrel’s leadership received a failing grade in a proxy advisory firm’s pay for performance metric last year before the company decided to move forward on an ill-fated rebranding effort. A report by proxy advisory firm Glass Lewis in Nov. 2024 ahead of a shareholder vote gave Cracker Barrel an…
Companies in the private sector added 54,000 jobs in August, payroll processing firm ADP said Thursday. The figure is below economists’ estimates of a gain of 65,000 jobs and down sharply from the prior month’s reading of 104,000.”The year started with strong job growth, but that momentum has been whipsawed…
New York City mayoral candidate Zohran Mamdani’s plan for a $30 an hour minimum wage could make it harder for Americans to access entry-level jobs by speeding up automation. Mamdani, the 33-year-old state assemblyman and self-described democratic socialist, is campaigning on raising the city’s minimum wage to $30 an hour by 2030…
The Treasury Department unveiled its list of jobs that will be covered by the Trump administration’s “no tax on tips” policy under the One Big Beautiful Bill Act (OBBBA). President Donald Trump made “no tax on tips” a key pledge during his campaign last year and worked with Republican lawmakers to…
Salesforce has cut 4,000 customer support jobs and replaced them with artificial intelligence (AI) agents, CEO Marc Benioff recently said. Benioff made the comments while discussing how the new technology is impacting the $248 billion computer software company’s headcount during an appearance on “The Logan Bartlett Show” podcast that was…
McDonald’s CEO Chris Kempczinski warned of a “two-tier economy” as the fast-food giant brought back its Extra Value Meals this week in hopes of capturing budget-conscious consumers. Kempczinski made the remark during an appearance on CNBC as McDonald’s announced it will offer eight meal bundles at breakfast, lunch and dinner,…
Treasury Secretary Scott Bessent on Monday said that the Trump administration is mulling the declaration of a national housing emergency in an effort to address high housing prices and limited inventory. “We may declare a national housing emergency in the fall,” Bessent told the Washington Examiner in a Labor Day interview. Bessent reiterated…
Nestlé S.A., based in Switzerland, has appointed a new CEO after its former leader was ousted over an inappropriate workplace relationship less than a year into the role. The company said Laurent Freixe was removed following an investigation into a romantic relationship with a direct subordinate that violated Nestlé’s Code…
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