A Chicago brewery became reigning champion of Samuel Adams’ 14th annual Brewer Experienceship craft brewers competition, securing a financial boost that will support its continued expansion across the country. Sam Adams founder, Jim Koch, who is credited with starting the craft beer revolution four decades ago, has given loans to entrepreneurs that banks often deny […] ...
Tag: economy
Trump pushes Congress to work over ‘very dumb, hardheaded’ Fed chair Powell ahead of testimonyTrump pushes Congress to work over ‘very dumb, hardheaded’ Fed chair Powell ahead of testimony
President Donald Trump declared that he hopes lawmakers work over Fed chair Jerome Powell on Tuesday. The Federal Reserve System board of governors chair is slated to testify before the House Financial Services Committee on Tuesday morning. In an early Tuesday morning Truth Social post, Trump, who has been vociferously critical of Powell, once again […] ...
GasBuddy expert says claims gas prices will see ‘massive spike’ are ‘incorrect on the highest level’GasBuddy expert says claims gas prices will see ‘massive spike’ are ‘incorrect on the highest level’
GasBuddy’s head of petroleum analysis spoke with Fox News Digital about rising concerns that gas prices will skyrocket after President Donald Trump ordered a strike on Iranian nuclear facilities over the weekend and the Middle Eastern nation weighs shutting down the critical Strait of Hormuz. Patrick De Haan told Fox that an increase in gas prices for […] ...
Republicans congratulate Trump amid Iran ceasefire as Dems hold back applauseRepublicans congratulate Trump amid Iran ceasefire as Dems hold back applause
Following news that Iran and Israel have reached a ceasefire less than two days after the United States struck the Muslim country’s nuclear enrichment sites, Republican lawmakers came out in droves to congratulate the president on Monday evening. Democrats, meanwhile, appear to be withholding their congratulations, at least initially. “CONGRATULATIONS TO EVERYONE! It has been […] ...
McDonald’s faces ‘economic resistance’ after rolling back DEI policiesMcDonald’s faces ‘economic resistance’ after rolling back DEI policies
McDonald’s is facing a potential boycott from customers over its decision to roll back its diversity, equity and inclusion policies. The People’s Union USA is spearheading the “McDonald’s Blackout,” which begins on June 24, after having staged an “Economic Blackout” in February. The organization, founded by Chicago-based musician and meditation teacher John Schwarz, has staged […] ...
US oil production shields economy from Iran’s Strait of Hormuz threatsUS oil production shields economy from Iran’s Strait of Hormuz threats
Iran threatened to attempt to close one of the world’s most important shipping lanes for oil in response to the U.S. joining Israel in attacking Iranian nuclear facilities, but U.S. energy production would limit the impact of such a move on the American economy. Iranian state media suggested the country’s parliament approved a potential plan that […] ...
Supreme Court allows Trump’s third-country deportations, in major test for presidentSupreme Court allows Trump’s third-country deportations, in major test for president
The Supreme Court on Monday granted the Trump administration’s request to stay a lower court injunction blocking them from deporting individuals to third countries without prior notice— a near-term win for the Trump administration as it looks to quickly enforce its immigration crackdown. Justices on the high court ruled 6-3 to stay the lower court […] ...
Dollar fluctuates after US strikes on Iran, dovish Fed commentsDollar fluctuates after US strikes on Iran, dovish Fed comments
The U.S. dollar experienced a volatile trading day on Monday in the wake of the U.S. joining Israel in attacking Iran’s nuclear facilities. The dollar strengthened during the Monday morning trading session, rising as much as 0.71% as investors flocked to the greenback, reaching its highest level since May, according to the WSJ Dollar Index, which […] ...
Trader Joe’s pulls ‘Vampire Slayer’ cheese curds from shelves in two statesTrader Joe’s pulls ‘Vampire Slayer’ cheese curds from shelves in two states
A recall is underway for some Face Rock Creamery Vampire Slayer Cheese Curds sold at Trader Joe’s grocery stores in two states. Trader Joe’s said Friday that a “single lot code” of the cheese curds have been recalled in response to the potential risk of Listeria monocytogenes contamination. The recalled product was offered at some […] ...
Buy now, pay later loans will now impact Americans’ credit scoresBuy now, pay later loans will now impact Americans’ credit scores
FICO said on Monday that it is going to incorporate buy now, pay later (BNPL) data into credit scores as the payment method surges in popularity. The FICO Score 10 BNPL and FICO Score 10 T BNPL will be the first credit scores from a leading credit scoring provider to incorporate this data. FICO said […] ...
Grocery giant Kroger to close 60 stores in next 18 monthsGrocery giant Kroger to close 60 stores in next 18 months
U.S. grocer Kroger is planning to close dozens of stores by the end of next year. The massive Cincinnati-based grocery store chain made the announcement on Friday. It operates thousands of supermarkets and pharmacies across the nation and is planning to close 60 stores in the next 18 months, a first-quarter 2025 earnings report said. […] ...
Iran mulls closing the Strait of Hormuz as retaliation: How it could affect global shipping, economyIran mulls closing the Strait of Hormuz as retaliation: How it could affect global shipping, economy
Iran has warned that it may attempt to close the Strait of Hormuz to shipping traffic in retaliation for the U.S. joining Israel’s strikes on Iranian nuclear facilities. The Iranian government is mulling retaliatory actions, including the potential closure of the Strait of Hormuz, a vital shipping lane for global energy supplies. The regime in Iran could […] ...
Iran retaliates with missile attack on US base in Qatar, Pentagon reports no casualtiesIran retaliates with missile attack on US base in Qatar, Pentagon reports no casualties
Iran launched a retaliatory attack on Al-Udeid, the American airbase in Qatar, a U.S. defense official confirmed on Monday. “I can confirm that al Udeid Air Base was attacked by short-range and medium-range ballistic missiles originating from Iran today,” the official told Fox News. “At this time, there are no reports of U.S. casualties. We […] ...
How US strikes on Iranian nuclear facilities could affect gas pricesHow US strikes on Iranian nuclear facilities could affect gas prices
Motorists don’t have to worry about a massive spike in prices at the gas pump yet, according to industry analysts. Oil prices, which account for more than half of what consumers pay at the pump, fell Monday morning after temporarily surging Sunday following U.S. strikes on three key Iranian nuclear sites over the weekend. The […] ...
America’s $2.1B stealth bombers deliver ‘monumental’ blow in largest ever strikeAmerica’s $2.1B stealth bombers deliver ‘monumental’ blow in largest ever strike
The B-2 Spirit stealth bombers, which cost billions of dollars to build, played a central role in America’s Operation Midnight Hammer strike on a trio of nuclear facilities in Iran over the weekend. Gen. Dan Caine, the chairman of the Joint Chiefs of Staff, described Operation Midnight Hammer, which targeted Iran’s Fordow, Natanz and Isfahan […] ...
Strait of Hormuz disruption: More bark than bite for US energy, expert claimsStrait of Hormuz disruption: More bark than bite for US energy, expert claims
Volatility might be plaguing oil and energy markets in the aftermath of U.S. strikes on Iran, but one expert is signaling that America remains protected from any retaliatory action which could instead backfire on one of its greatest adversaries. “Iran is overplaying their hand here,” Independent Women’s Forum Center for Energy and Conservation Director Gabriella […] ...
These popular foods are affected as companies align with Trump admin’s ‘MAHA’ initiativeThese popular foods are affected as companies align with Trump admin’s ‘MAHA’ initiative
A growing number of well-known food products, from soft drinks to cereals, are being reformulated as part of a commitment made by major food giants to eliminate artificial colors and use cleaner ingredients. General Mills and Kraft Heinz, two of the largest food manufacturers globally, pledged last week to remove all artificial dyes from their […] ...
Americans in Qatar told to shelter in place and airspace shut down as Iranian military threatens actionAmericans in Qatar told to shelter in place and airspace shut down as Iranian military threatens action
The U.S. Embassy in Qatar told Americans to shelter in place until further notice Monday and Qatar temporarily closed its airspace following the weekend’s attacks on Iran. “The competent Qatari authorities announce the temporary suspension of air traffic in the country’s airspace, in order to ensure the safety of citizens, residents, and visitors,” Qatar’s foreign […] ...
‘For Sale’: DOGE moves to sell off almost half a billion in federal real estate, relocate cabinet agency HQs‘For Sale’: DOGE moves to sell off almost half a billion in federal real estate, relocate cabinet agency HQs
EXCLUSIVE: The Senate’s DOGE leader is hoping to give the U.S. Treasury another boost in cutting the $36 trillion national debt, this time by selling off some major real estate in Washington, D.C., currently home to several prominent cabinet agencies. The headquarters of the Departments of Energy, Housing & Urban Development, along with ancillary buildings […] ...
Goldman Sachs announces firmwide launch of AI assistantGoldman Sachs announces firmwide launch of AI assistant
On Monday, Goldman Sachs announced that it is rolling out a generative artificial intelligence (AI) assistant across the firm in its latest move to incorporate the technology into employees’ workflows. Goldman announced that its in-house AI application, known as the GS AI Assistant, is available to employees throughout the company, offering tools tailored to meet the […] ...
Walt Disney World resorts’ new ‘sophisticated’ restaurant to require dress codeWalt Disney World resorts’ new ‘sophisticated’ restaurant to require dress code
A new steakhouse coming to Walt Disney World Swan and Dolphin is going to require guests to change out of their typical resort attire. Bourbon Steak by Michael Mina started accepting reservations last week, and its website makes clear that guests may need to change if they spent the day at a park. “This restaurant […] ...
Over 700 Iranian nationals released into US during Biden administration despite terrorism concernsOver 700 Iranian nationals released into US during Biden administration despite terrorism concerns
Over 1,500 Iranian nationals who illegally entered the U.S. at the southern border were arrested during the Biden administration, and nearly 50% of them were released back into the country, according to a senior U.S. Customs and Border Protection (CBP) source. More specifically, Border Patrol agents arrested 1,504 Iranian nationals from fiscal year 2021 through […] ...
Musk launches Tesla AI robotaxi in Austin with flat fees under $5Musk launches Tesla AI robotaxi in Austin with flat fees under $5
The burgeoning self-driving taxi industry signed on a new player this weekend as Tesla officially debuted its robotaxi service, the CyberCab, in Austin, Texas on Sunday. Tesla CEO Elon Musk said on X the Tesla AI robotaxi launch began in Austin on Sunday afternoon with customers paying a $4.20 flat fee. The company will operate […] ...
Thomas Massie says he feels ‘misled’ by Trump after Iran strikes: ‘He’s engaged in war’Thomas Massie says he feels ‘misled’ by Trump after Iran strikes: ‘He’s engaged in war’
EXCLUSIVE: Rep. Thomas Massie is accusing President Donald Trump of falling short of his campaign pledges with his Saturday night strikes on Iran. “I feel a bit misled,” Massie told Fox News Digital in a Sunday afternoon interview. “I didn’t think he would let neocons determine his foreign policy and drag us into another war.” […] ...
USAF general talks ‘remarkable’ aircraft needed for 30,000 lb bomb dropped on Iran nuke siteUSAF general talks ‘remarkable’ aircraft needed for 30,000 lb bomb dropped on Iran nuke site
The U.S. needed a special bomber aircraft with “remarkable” capabilities if it were to go ahead with any decision to try to take out Iran’s extremely deep subterranean Fordow nuclear facility, a retired Air Force officer told Fox News prior to Saturday’s strike. Retired Lt. Gen. Mark Weatherington, a former commander of the 8th Air […] ...