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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A key leader in the world economy is warning that undue interference in the Federal Reserve’s operations by President Donald Trump could pose a serious economic risk to the U.S. and the rest of the world. European Central Bank President Christine Lagarde said in an interview with Radio Classique on Monday…
Southwest Airlines on Friday began flying its first jetliner built with a secondary flight deck barrier designed to prevent intrusions in a design change that’s been in the works since the Sept. 11, 2001, terror attacks. The airline took delivery of a Boeing 737 Max 8 in recent days that…
After filing for bankruptcy less than a year ago, Spirit Airlines is going through the same process again after a failed reorganization of the struggling discount airline, the company said Friday. The airline’s President and CEO, Dave Davis, wrote in an open letter to customers that the Chapter 11 restructuring…
President Donald Trump on Friday requested that a federal judge deny a request by Federal Reserve Governor Lisa Cook to prevent the president from firing her, as the court proceedings in the lawsuit to block her removal play out. Trump on Monday moved to fire Cook over mortgage fraud allegations raised…
The Federal Reserve’s preferred inflation gauge showed that inflationary pressures remained elevated in July, as the central bank mulls an interest rate cut at its meeting next month. The Commerce Department on Friday reported that the personal consumption expenditures (PCE) index rose 0.2% from a month ago in July and remained at…
Mortgage rates fell to a 10-month low, 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 6.56% from last week’s reading of 6.58%.The average rate on a 30-year loan was 6.35% a…
The U.S. economy grew at a faster rate than previously thought in the second quarter after the Commerce Department released its first revision of real gross domestic product (GDP) growth for the latest quarter. The Bureau of Economic Analysis (BEA) released its second estimate of Q2 GDP, which showed the economy…
Cracker Barrel’s attempt to rebrand its corporate logo spurred a viral backlash, prompting the company to backtrack. It occurred as the company’s leaders were attempting to address the restaurant chain’s weakening financial performance. The company’s stock surged in the years prior to the pandemic, reaching an all-time high of $185…
Five new Amtrak trains will begin rolling out between Washington, D.C., New York and Boston at top speeds of 160 miles per hour starting Thursday. The inaugural NextGen Acela ride is taking off from Washington’s Union Station, where the U.S. Department of Transportation is planning to reclaim management to “restore…
Federal Reserve Governor Lisa Cook is facing allegations of mortgage fraud leveled by a Trump administration official and is vowing to fight back legally against President Donald Trump’s effort to remove her. Last week, Federal Housing Finance Agency Director Bill Pulte submitted a criminal referral to the Justice Department accusing Cook…
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