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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Renting in Santa Cruz, California now requires a stifling income of more than $168,000 just to rent a two-bedroom, a figure that makes it the most unaffordable market in the nation for the third year in a row. In the Santa Cruz area, located on the Central Coast about 75…
The Federal Reserve on Thursday responded to the Trump administration’s inquiry into cost overruns in the central bank’s renovations of its Washington, D.C., headquarters amid its efforts to pressure the Fed into lowering interest rates. The Fed’s renovations of its headquarters, the Marriner S. Eccles Building, and another building in the…
According to a J.P. Morgan research note, President Donald Trump’s efforts to pressure the Federal Reserve into cutting interest rates could risk undermining the central bank’s independence, raising the risk of inflation or politically-influenced monetary policy mistakes. Trump has repeatedly urged the central bank to cut interest rates by as much…
A federal judge has blocked construction of a 314-acre mixed-use development project in California after environmental groups filed a lawsuit arguing it would “result in a significant loss of local wetland and vernal pool habitats” and threaten species, including a rare and endangered flower. The ruling from Daniel Calabretta surrounding…
Transportation Secretary Sean Duffy terminated $4 billion in unspent federal funding for California’s high-speed rail project Wednesday, citing around $15 billion spent without a single high-speed track laid down. The total cost of the project, estimated to be around $135 billion, could buy every resident of San Francisco and Los Angeles…
United Airlines was bullish on Wednesday about a “strong finish” to the year as the carrier saw demand begin to rise earlier in the month amid decreased uncertainty. The Chicago-based airline said in its second-quarter earnings report that demand posted a “sequential 6-point” acceleration beginning in early July, with business…
Labor Secretary Lori Chavez-DeRemer said the H-2A migrant visa program that is being consolidated under her department allows American farmers and ranchers to have access to the workforce they need, noting that the program will now be faster and more affordable. In an exclusive interview with Fox Business’ Edward Lawrence,…
President Donald Trump is reportedly preparing to sign an executive order that would expand access to private-market investments in retirement accounts. The Wall Street Journal reported, citing people familiar with the matter, that the order would direct the Labor Department and Securities and Exchange Commission to develop regulatory guidance for employers and…
Passengers aboard a United Airlines flight say they were stuck on the tarmac at Newark Liberty International Airport for seven hours before their flight was canceled when severe weather sparked delays at airports along the East Coast on Monday evening. Flavia Deluczas told WXYZ-TV that she was among dozens of passengers…
JPMorgan Chase CEO Jamie Dimon on Tuesday said that while the U.S. economy has stayed strong through the second quarter of this year, there remain potential stumbling blocks to the economic outlook. Dimon said that the “U.S. economy has remained resilient” and noted that while there are potential boosts coming from…
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