Cracker Barrel eliminates DEI programs, brings back handmade biscuits

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…

Klarna valued at B ahead of trading debut

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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Federal Reserve leaves key interest rate unchanged for fifth straight meeting

The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged, as policymakers decided to hold rates steady amid elevated economic uncertainty as they continue to monitor inflationary pressures and labor market data. The central bank’s decision leaves the benchmark federal funds rate at a range…

Meta CEO reveals personal AI superintelligence vision for everyone

Meta CEO Mark Zuckerberg on Wednesday announced the tech giant will focus on developing a personal superintelligence for everyone, which will further enable creative and leisurely pursuits. Zuckerberg discussed the path forward for Meta’s artificial intelligence (AI) push in a video published on Facebook and Instagram, two of the main social media…

Blue Sky partnership between United Airlines and JetBlue gets approval

United Airlines and JetBlue’s partnership, known as “Blue Sky,” has been cleared for takeoff following a review by the U.S. Department of Transportation (USDOT).  “Blue Sky is a new and unique collaboration designed to give customers of both airlines even more options to find flights that fit their plans as…

Retirees face 2,500 in health care costs, Fidelity study finds

A 65-year-old retiring in 2025 can expect to pay $172,500 on average for healthcare and medical expenses throughout retirement.  That’s according to Fidelity’s 2025 Retiree Health Care Cost Estimate, which is up 4% from the year before. It highlights the general upward trajectory of health-related expenses that have occurred since…

NYC office shooting raises corporate security concerns for business leaders

The deadly shooting at a New York City high-rise office building Monday night raises new questions for CEOs and businesses as they look to keep their workforces safe from violent criminals. The Monday night shooting at 345 Park Ave. claimed the lives of four victims after the shooter entered the building,…

Proctor and Gamble to raise prices on some US products due to Trump tariffs

Procter & Gamble on Tuesday said it will raise prices on some products sold in the U.S. as it deals with uncertainty over tariffs and also undergoes a leadership transition. Economic volatility and “consumer anxiety” related to President Donald Trump’s tariff policies and immigration crackdown have led consumers to rein in…

M&M’s maker Mars pledges  billion for U.S. manufacturing expansion

Mars, the prominent candymaker behind M&M’s and Skittles, pledged to invest an additional $2 billion into its domestic operations by the end of 2026 to build a more “resilient” U.S. business.  The hefty investment, announced Tuesday, includes a $240 million Nature’s Bakery facility in Salt Lake City, Utah, which is…

Office building where NYC shooting occurred serves as HQ for Blackstone, NFL

The New York City office building that was the scene of a shooting on Monday night that left four victims dead, including an NYPD officer, serves as the headquarters for several firms in the financial services industry as well as the NFL. Monday night’s shooting was at 345 Park Avenue in midtown…

Trump advisor Kevin Hassett opposes presidential influence on Federal Reserve

The Federal Reserve is set to announce its latest decision on interest rates this week amid President Donald Trump’s efforts to lobby the central bank into lowering rates. The Federal Open Market Committee (FOMC), the central bank’s monetary policy-setting panel, kicks off a two-day meeting on Tuesday and will announce its…