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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Postal services in Europe and around the world plan to halt shipping merchandise to the U.S. as the Trump administration’s end of the de minimus tariff exemption goes into effect. The “de minimus” exemption allowed internation carriers to ship goods valued under $800 to the U.S. without paying any duties.The…
Nearly $4 billion of new money flowed into digital assets last week, with the U.S. dominating 99% of the total haul. Investors are taking a cue from President Trump’s push to open retirement accounts up to alternative assets. “My Administration will relieve the regulatory burdens and litigation risk that impede…
President Donald Trump on Friday threatened to fire a member of the Federal Reserve’s board of governors if she doesn’t resign from her role. Federal Reserve Governor Lisa Cook is facing mortgage fraud allegations that are under investigation by the Department of Justice (DOJ) following a criminal referral by Federal…
Federal Reserve Chair Jerome Powell on Friday said that the “balance of risks appears to be shifting” in the U.S. economy, as central bank policymakers weigh labor market conditions and inflation data ahead of their next interest rate decision in mid-September. Powell spoke at the annual monetary policy conference hosted by…
Canada is reportedly planning to announce on Friday that it will remove many of the retaliatory tariffs imposed on U.S. goods as a sign of goodwill aimed at resuming trade talks that have stalled. Canadian tariffs on goods that are compliant with the U.S.-Mexico-Canada Agreement (USMCA) would be eliminated under…
A new analysis from the Bank of America Institute found that consumer spending on live sporting events has risen markedly compared to pre-pandemic levels, which has also spurred a rise in spending at nearby restaurants and bars. David Tinsley, senior economist at the Bank of America Institute, told FOX Business in…
The fallout from Cracker Barrel’s logo change and restaurant makeover isn’t over. Shares of the food chain plunged Thursday as customer backlash and investor unease drove the chain’s worst losing streak in months. Shares of Cracker Barrel (CBRL) tumbled more than 12% on Thursday, the steepest drop since April. The stock,…
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…
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