McDonald’s recently added McCripsy Strips to its U.S. menu and, according to one analyst, they might not be hitting the mark with all customers. The fast-food giant first launched the McCrispy Strips in late April, with all participating restaurants across the country selling them by May 5. The company said in an April 24 press […] ...
Tag: economy
States take legal action as 23andMe attempts to sell customer genetic information amid bankruptcyStates take legal action as 23andMe attempts to sell customer genetic information amid bankruptcy
Bankrupt 23andMe is facing a lawsuit over its plans to sell customer genetic information. Twenty-seven states and the District of Columbia took legal action this week against 23andMe in the U.S. Bankruptcy Court for the Eastern District of Missouri, the court overseeing the Chapter 11 bankruptcy proceedings that the genetic testing company entered earlier in […] ...
ICE ramps up arrests of convicted criminals as riots rage in blue city: ‘You will not stop us’ICE ramps up arrests of convicted criminals as riots rage in blue city: ‘You will not stop us’
The Department of Homeland Security announced that several convicted criminals who are in the United States illegally were arrested as part of Immigration and Customs Enforcement operations in Los Angeles on Monday and Tuesday. The ICE operations in Los Angeles triggered protests and riots in parts of the city, and President Donald Trump deployed National […] ...
GM doubles down on American manufacturing with $4B investmentGM doubles down on American manufacturing with $4B investment
General Motors is investing $4 billion in its U.S. plants over the next two years to boost the manufacturing of gas and electric vehicles. With the multibillion-dollar investment, the Michigan-based automaker will be able to assemble more than 2 million vehicles per year in the U.S. The latest investment comes just two weeks after the […] ...
Vance echoes Trump’s call for Fed’s Powell to cut interest rates: ‘Monetary malpractice’Vance echoes Trump’s call for Fed’s Powell to cut interest rates: ‘Monetary malpractice’
Vice President JD Vance on Wednesday echoed President Donald Trump’s calls for the Federal Reserve to cut interest rates. “The president has been saying this for a while, but it’s even more clear: the refusal by the Fed to cut rates is monetary malpractice,” Vance wrote in a post on X. Trump on Wednesday repeated […] ...
Treasury chief says ‘remains to be seen’ if Trump tax bill will add to $36T national debtTreasury chief says ‘remains to be seen’ if Trump tax bill will add to $36T national debt
Treasury Secretary Scott Bessent suggested there could be a chance that President Donald Trump’s “one big, beautiful bill” may add to the $36 trillion national debt. Bessent appeared before the House Ways & Means Committee on Wednesday, a hearing that Democrats used to sharpen their attacks against Republicans’ massive Trump agenda bill. At one point, […] ...
Kevin O’Leary reveals the hidden cost of LA riots that’s hurting small businessesKevin O’Leary reveals the hidden cost of LA riots that’s hurting small businesses
“Shark Tank” investor Kevin O’Leary described Los Angeles as a “war zone” with “horrific” consequences for small businesses while weighing in on the anti-ICE riots plaguing the deep blue city on Wednesday. “If you’re a small business… and you see these images of windows being smashed, cars burnt, baseball bats on someone’s property, this is […] ...
New study exposes green energy org’s ties to CCP interests while undermining USNew study exposes green energy org’s ties to CCP interests while undermining US
FIRST ON FOX: A national security-focused nonprofit organization has released a comprehensive report detailing the workings of a well-funded nominally U.S.-based organization that it says is undermining American energy, pushing left-wing green initiatives and ultimately advancing Chinese interests. The report, published by State Armor, outlines the money trail of Energy Foundation China (EFC), registered as a […] ...
Inflation increased slightly on an annual basis in MayInflation increased slightly on an annual basis in May
Inflation increased slightly in May and remained above the Federal Reserve’s target rate ahead of the central bank’s next meeting this month. The Bureau of Labor Statistics on Wednesday said that the consumer price index (CPI) – a broad measure of how much everyday goods like gasoline, groceries and rent cost – rose 0.1% in […] ...
Inter Milan partners with Fanatics to elevate fan experience for over 530M worldwideInter Milan partners with Fanatics to elevate fan experience for over 530M worldwide
FC Internazionale Milano, known globally as Inter or Inter Milan, and Fanatics have announced a new partnership that taps into the digital sports leader’s resources of e-commerce, retail, manufacturing and licensing for the famous soccer club. Inter is one of Italy’s most storied franchises, as well as an innovative brand, as shown by this partnership […] ...
US, China reach ‘framework’ to implement trade deal, Lutnick saysUS, China reach ‘framework’ to implement trade deal, Lutnick says
The U.S. and China have reached a “framework” to implement a trade deal struck between the two sides last month in Geneva, Commerce Secretary Howard Lutnick announced. The development comes after two days of meetings between negotiators in London and a phone call last week between President Donald Trump and Chinese President Xi Jinping. The […] ...
Goldman Sachs: Wealthy Americans to continue exodus from high-tax states even with higher SALT deductionGoldman Sachs: Wealthy Americans to continue exodus from high-tax states even with higher SALT deduction
A new analysis by Goldman Sachs finds that while lawmakers in Congress are weighing a higher cap on the state and local tax (SALT) deduction, those potential tax savings are unlikely to stop wealthier taxpayers from moving to states such as Florida and Texas. The report, authored by Goldman economists led by Jan Hatzius, noted that […] ...
Real estate giants crack down on exclusive ‘off-market’ home listings in major shift for buyersReal estate giants crack down on exclusive ‘off-market’ home listings in major shift for buyers
Two major real estate marketplaces are making big changes to what home listings can appear on their websites. Zillow and Redfin are both taking aim at listings of homes up for sale that have been publicly marketed prior to being entered into the multiple listing service (MLS), taking steps to bar them from their respective […] ...
Paramount slashes jobs as streaming wars intensifyParamount slashes jobs as streaming wars intensify
Paramount Global is trimming its U.S. workforce by 3.5% in a move to cut costs. The company’s plans to cut jobs were announced Tuesday by its three co-CEOs in a company-wide memo viewed by FOX Business. Co-CEOs George Cheeks, Chris McCarthy and Brian Robbins said in the message that Paramount was “taking the hard, but […] ...
LARRY KUDLOW: Law & order crushed L.A. riotsLARRY KUDLOW: Law & order crushed L.A. riots
Donald Trump chose criminal deportation, law and order, and tough-on-crime. California Democrats chose lawsuits and states’ rights. Who do you think won this latest round? I’d say Trump 10-Democrats 0. It’s just hard to believe that removing illegal alien criminals who have committed sexual assault and murders would be attacked by one of our two […] ...
Meta’s Zuckerberg aiming to dominate AI race with recruiting push for new ‘superintelligence’ team: reportMeta’s Zuckerberg aiming to dominate AI race with recruiting push for new ‘superintelligence’ team: report
Meta CEO Mark Zuckerberg is reportedly building a team of experts to develop artificial general intelligence (AGI) that can meet or exceed human capabilities. Bloomberg News reported Zuckerberg is looking to build a superintelligence team and is recruiting from a group of artificial intelligence (AI) researchers and engineers who he has been holding a series of […] ...
Fareed explains why AI’s massive energy demands are straining the power grid, but also why AI could enable big breakthroughs in sustainability and clean energy. ...
Vice President Kamala Harris, a former US senator from California who previously served as the state’s attorney general, could be the first Black woman and Asian American to lead a major party ticket after receiving President Joe Biden’s support to become the next Democratic presidential nominee. ...
In the wake of the Republican National Convention earlier this month, Fareed speaks with historian Niall Ferguson about how and why the modern-day GOP has changed since the Reagan era of the 1980s. ...
Multiple Los Angeles businesses ransacked during anti-ICE riotsMultiple Los Angeles businesses ransacked during anti-ICE riots
Retail stores and at least one restaurant are being caught in the crosshairs of ongoing anti-ICE riots in Los Angeles. A T-Mobile, Adidas, Apple Store and a sushi restaurant were also among the businesses that were damaged or looted in recent days as rioters clashed with law enforcement over ICE raids in the city. The […] ...
Brother of liberal Supreme Court justice to decide Newsom’s National Guard lawsuit against TrumpBrother of liberal Supreme Court justice to decide Newsom’s National Guard lawsuit against Trump
The brother of retired liberal Justice Stephen Breyer was assigned Tuesday to preside over the lawsuit that Democratic Gov. Gavin Newsom brought against the Trump administration in California this week. Judge Charles Breyer, an appointee of former President Bill Clinton, is set to oversee the case, which alleges President Donald Trump deprived California of its […] ...
OpenAI says this state will play central role in artificial intelligence developmentOpenAI says this state will play central role in artificial intelligence development
New York is poised to play a central role in the development of artificial intelligence (AI), OpenAI executives told key business and civic leaders on Tuesday. OpenAI CEO Sam Altman spoke at a private event hosted by the Partnership for New York City and the AI firm revealed a report showing that New York is well-positioned to […] ...
On CNN’s State of the Union, Republican Sen. Tom Cotton criticizes Harris’ comments on the war in Gaza and calls her a “San Francisco liberal who cannot keep this country safe.” ...
CNN Senior Political Commentator Scott Jennings and Political Commentators Kristen Soltis Anderson, Jamal Simmons and Kate Bedingfield tell CNN’s Jake Tapper who they think should join Vice President Kamala Harris’ ticket and with 100 days until election day, the state of the 2024 presidential race. ...