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…

Money

Featured Articles

Investing

More

Startups

More

Fintech

More

All News

Mortgage rates dip slightly to 6.74%: Freddie Mac

Mortgage rates ticked lower this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage fell to 6.74% from last week’s reading of 6.75%.The average rate on a 30-year loan was 6.78% a…

Australian women win right to sue Qatar Airways over 2020 strip-searches

Five Australian women who say they were strip-searched after being pulled off of a Qatar Airways flight nearly five years ago have won the right to sue the airline. The ruling was handed down by three Australian appellate judges on Thursday. The women allege they were subjected to invasive examinations…

TD Bank to require staff to return to office four days a week

TD Bank has directed employees to work in the office four days a week starting this fall, according to a memo from the company. Executive-level staff at the bank will be required to work from the office at least four days a week starting Oct. 6, and non-executive employees must…

NYC mayoral candidate proposes municipal stores as KC model struggles

A community-owned grocery store in Kansas City, Missouri, is on the brink of closing as the concept of municipal subsidies for such stores gets more attention around the country due to the New York City mayoral race. The local government in Kansas City sought to address a so-called “food desert” —…

New Chick-fil-A opens in Brooklyn Thursday with free food for cow costumes

Those living in Brooklyn will be able to enjoy a new Chick-fil-A location this week, with a creative offer to draw in customers. The establishment, which be located in the borough’s downtown section by Smith Street and Livingston Street, opens at 6:30 a.m. on Thursday. “To celebrate the restaurant moo-ving into…

GM profit shrinks despite stronger sales

General Motors’ net income shrank 35% in the second quarter despite strong sales gains as President Trump’s automotive tariffs weighed on the largest automaker in the U.S. Despite the drop in profit, GM’s results exceeded Wall Street estimates for revenue and adjusted operating income. The company maintained its previous profit…

Tesla Diner opens in Los Angeles with 24/7 EV charging and dining

The Tesla Diner in Los Angeles is now welcoming guests looking to recharge their stomachs and electric vehicles (EVs) 24/7. On Tuesday morning, Tesla CEO Elon Musk shared three posts to X about the diner he has described as “retro-futuristic.” It officially opened on Monday in Hollywood. “Only Tesla has you…

Pharma giant AstraZeneca announces B US investment

British biopharmaceutical giant AstraZeneca plans to invest $50 billion in the U.S. by 2030, the company announced on Monday. The investment is expected to create tens of thousands of new, highly skilled direct and indirect jobs across the U.S., AstraZeneca said. The “cornerstone” of the investment is a proposed new…

Trump team irked by Federal Reserve’s .5 billion renovation project

The makeover of the Federal Reserve’s Washington D.C. headquarters, the Marriner S. Eccles Building, has become a lightning rod for Chairman Jerome Powell already under fire from President Donald Trump, U.S. Treasury Secretary Scott and others for not cutting interest rates.  Some of his critics have compared the over-budget project…