Allianz chief economic advisor Mohamed El-Erian said Wednesday that he sees two of the contenders to replace Federal Reserve Chair Jerome Powell rise above the rest of the pack. El-Erian appeared on FOX Business Network’s “The Claman Countdown” on Wednesday and said that BlackRock CIO of global fixed income Rick Rieder and…
Aerospace giant Boeing is in talks to sell as many as 500 planes to China in a deal that’s said to be at the center of a trade agreement between President Donald Trump and China’s President Xi Jinping, people familiar with the matter told Bloomberg. Boeing, which is in the…
If you’ve flipped through the real-estate pages lately – or just tried to pull up Redfin or Zillow – something’s glaringly obvious. Nobody’s moving and nobody’s buying homes right now. Recently, I took a glance on Zillow at one of the hottest markets in Florida, which is Route 30A in the panhandle. Where it was once almost impossible to see a red dot of something…
The minutes of the Federal Reserve’s July meeting released on Wednesday showed that policymakers were more concerned about the risk of inflation from the impact of tariffs than the labor market as they debated interest rate policy. The Federal Open Market Committee (FOMC), the Fed panel responsible for monetary policy decisions,…
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Air Canada flight attendants remained on strike Sunday, defying a government labor board’s order to return to work and forcing…
Warren Buffett is helping revive shares of beleaguered UnitedHealthcare Group after taking a $1.6 billion stake in the company, according…
Companies are bringing their employees back into the office — and sending them back on the road. The Navan Business…
Miami International Holdings, also known as financial markets exchange MIAX, raised over $345 million in its IPO Wall Street debut. …
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A key Trump administration trade advisor warned in an op-ed on Monday that India needs to stop buying oil from Russia, arguing the purchases are helping finance Russia’s war against Ukraine. White House trade advisor Peter Navarro wrote in the Financial Times on Monday that India is…
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An entrepreneur facing skyrocketing costs due to tariffs conducted an experiment to see whether customers would voluntarily pay more for a product made in America. “The result was, unfortunately, disappointing,” Ramon van Meer told Fox News Digital. “We sold zero ‘Made in the USA’ shower heads.”Van Meer, a self-described “serial…
Walmart is showing increased support for American-made products through its “Grow With US” initiative, a new program aimed at providing U.S. small business owners with the training, mentorship and resources they need to succeed. “Walmart is making it easier for U.S.-based entrepreneurs to navigate the complexities of retail and bring…
This story discusses suicide. If you or someone you know is having thoughts of suicide, please contact the Suicide & Crisis Lifeline at 988 or 1-800-273-TALK (8255). In celebration of the heroic and gallant actions of firefighters across the U.S. on International Firefighters’ Day, a former Los Angeles County fire…
Mother’s Day is one of the busiest holidays of the year for 1-800-Flowers.com. The company, headquartered in New York, expects to deliver 17.8 million stems for the occasion, including 6.9 million roses and 2.8 million tulips. “Delivering so many flowers in such a tight timeframe, as with the Mother’s Day…
RiserUnited, a newly founded online clothing company based out of Dallas, gives shoppers the opportunity to “wear their values” by selling patriotic apparel that honors the American flag. “We believe that when you rise for the flag, and you understand what the flag represents, it gives you a sense of…
The Dragon Bravo Fire is now the largest wildfire burning in the United States and the biggest ever recorded in the Grand Canyon area, according to the National Interagency Fire Center. Since it sparked over Fourth of July weekend, the U.S. Forest Service said the fire has burned more than…
Mortgage rates fell to the lowest level of the year 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 6.58% from last week’s reading of 6.63%.The average rate on…
The projection for Social Security’s annual cost-of-living adjustment (COLA) for next year is getting higher, according to a new report. The Senior Citizens League on Tuesday released an update that showed its model now forecasts the 2026 COLA will be 2.7% as of July – an increase from its previous estimates…
Wholesale inflation increased much more than expected in July, raising concerns about a resurgence of inflationary pressures in the economy. The Bureau of Labor Statistics on Thursday released the producer price index (PPI) for the month of July, which showed an increase of 0.9% from the prior month and 3.3% from…
Four minutes or less. That is how long the Starbucks chief executive officer would like for it to take from order to drink in hand. The new operating model is called “Green Apron Service,” according to WGN. Starbucks CEO Brian Niccol said he believes it needs to become “the world’s greatest…
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