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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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,…
President Donald Trump on Wednesday called for the resignation of a Federal Reserve governor after one of his allies submitted a referral requesting that she be investigated for mortgage fraud. Federal Housing and Finance Agency (FHFA) Director Bill Pulte on Wednesday posted a copy of a referral he sent to…
Federal Reserve Chair Jerome Powell will deliver a keynote address at the annual Jackson Hole event on Friday at a crucial time as the economy anticipates the central bank’s next interest rate cut and as his tenure at the helm of the Fed winds down. Powell’s speech in the spotlight at…
Treasury Secretary Scott Bessent said Tuesday that the Trump administration will begin its interview process for prospective nominees to serve as chair of the Federal Reserve after Labor Day. Bessent was interviewed on CNBC’s “Squawk Box” and said that there are currently 11 candidates under consideration for the role, including a group…
Intel shares rose Tuesday after Softbank announced it will invest $2 billion in the chipmaker. Ticker Security Last Change Change % INTC INTEL CORP. 25.23 +1.57 +6.66% “We are very pleased to deepen our relationship with SoftBank, a company that’s at the forefront of so many areas of emerging technology…
Air Canada’s flight attendant union reached a tentative agreement with the airline, paving the way for flights to resume after striking members defied a government order to return to work, forcing a temporary shutdown of operations. “We have a tentative agreement we will bring forward to you,” the Canadian Union…
The White House may be ready to take a 10% stake in Intel, fueling ongoing speculation an investment is being hammered out, according to Bloomberg. The move would shore up national security and advance more chipmaking in the U.S. vs. Asia and other nations. Ticker Security Last Change Change % INTC…
The Trump administration on Friday announced that it will review state laws that have a negative impact on the broader U.S. economy and interstate commerce to address those impacts. On Friday, the Justice Department and National Economic Council (NEC) said the effort will focus on identifying state laws that “significantly and adversely…
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 “cozying up to both Russia…
A key Trump administration trade adviser 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 adviser Peter Navarro wrote in the Financial Times on Monday that India is “cozying up to both Russia…
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