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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Tech giant Apple is poised to announce a new investment of $100 billion in U.S. facilities as early as today, the White House said on Wednesday. National Economic Council director Kevin Hassett said on FOX Business Network’s “Mornings with Maria” that companies are “moving here in droves, which is why we’ve…
A leading economist is warning that the U.S. economy is on the brink of recession after incoming economic data last week signaled labor market conditions are softening as inflation is rising, which could complicate the ability of the Federal Reserve to support the economy. Mark Zandi, chief economist at Moody’s…
The Trump administration’s effort to modernize federal payment systems is coming to Social Security, which will start phasing out paper Social Security checks. The Social Security Administration (SSA) announced in mid-July that it would no longer issue paper checks starting on Sept. 30. The agency noted in a blog post announcing the move…
Markets are increasingly pricing in the chances of the Federal Reserve cutting interest rates at its next meeting in September following last week’s weaker-than-expected jobs report. The Fed’s policymaking arm, the Federal Open Market Committee (FOMC), has opted against cutting interest rates at all five of its meetings this year, including…
Despite the whiplash of President Donald Trump’s tariffs, trade uncertainty and day-to-day market swings, investors are pouring money into exchange-traded funds to capture fast-moving stock and bond action. With $121 billion flowing into ETFs industrywide in July, the yearly tally hit $677 billion and is now on pace for a…
President Donald Trump’s move to fire the commissioner of the Bureau of Labor Statistics (BLS) after a weaker-than-expected July jobs report and large revisions has spurred questions about how the agency gauges changes in the U.S. workforce. Trump terminated BLS Commissioner Erika McEntarfer on Friday and claimed she “faked the Jobs…
Those looking for “a compelling mix of lifestyle appeal, relative affordability, and strong ties to nearby economic hubs” are choosing a Boston suburb to move to, according Realtor.com. Beverly, Massachusetts’ 01915 is No. 1 on the site’s 2025 Hottest Zips report. The city is about a 30-minute drive northeast of…
The exchange-traded fund (ETF) created around celebrity Wall Street analyst Dan Ives’ top 30 AI picks is off to a strong start. The ETF has raked in nearly $400 million since its June 3 inception and is up 11%. For the month, its 5% gain is outperforming the Nasdaq Composite…
On Monday, Tesla granted CEO Elon Musk a new $29 billion pay deal aimed at keeping the billionaire entrepreneur at the helm as the company pivots from its struggling electric vehicle business to robotaxis and humanoid robots. The company described the “interim award” of 96 million new shares as a “good…
Bank of America CEO Brian Moynihan said in an interview on Sunday that the president’s firing of the Bureau of Labor Statistics commissioner following a weak jobs report was due to politics, though he said government employment data should be improved. Moynihan appeared on CBS News’ “Face the Nation with Margaret Brennan”…
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