President Donald Trump announced Wednesday that he has struck a trade deal with Vietnam. “It will be a Great Deal of Cooperation between our two Countries. The Terms are that Vietnam will pay the United States a 20% Tariff on any and all goods sent into our Territory, and a 40% Tariff on any Transshipping,” […] ...
Tag: marketing
Microsoft announces another round of layoffs affecting thousands of workersMicrosoft announces another round of layoffs affecting thousands of workers
Microsoft will lay off thousands of workers in the second round of job cuts in recent months. The layoffs, first reported by The Seattle Times, will lead to a less than 4% reduction in Microsoft’s overall headcount. The company previously announced layoffs of approximately 6,000 employees in May. Last month, reports also said Microsoft was cutting […] ...
Republicans subpoena former Pfizer exec over timing of COVID vaccine clinical testsRepublicans subpoena former Pfizer exec over timing of COVID vaccine clinical tests
House Republicans subpoenaed Pfizer’s former Vice President and Chief Scientific Officer of RNA and Viral Vaccines Dr. Philip Dormitzer. The House Judiciary Committee requested in May that Dormitzer voluntarily cooperate with an investigation of whether Pfizer withheld the positive results of its COVID-19 vaccine trials to influence the 2020 election. However, the committee is now […] ...
Iran conflict reveals need for America to rethink defense supply chain, expert saysIran conflict reveals need for America to rethink defense supply chain, expert says
The historic strikes on Iran revealed more than just U.S. power on the world stage — they also exposed the defense industry’s potential weak points in its supply chain. Exiger CEO Brandon Daniels believes that if America can rethink how it approaches its defense supply chain, it could transform from a major vulnerability into the […] ...
Wyoming rare earth mining facility to be first to open in over 70 yearsWyoming rare earth mining facility to be first to open in over 70 years
The U.S. Secretary of Energy and other elected officials are preparing to travel to Wyoming for the opening of the first new coal mine in the state in more than five decades. The ribbon cutting for the Brook Mine Carbon Ore Rare Earth project will be on July 11. National and state leaders are expected […] ...
Private sector lost 33,000 jobs in June, well below expectations, ADP saysPrivate sector lost 33,000 jobs in June, well below expectations, ADP says
Companies in the private sector lost 33,000 jobs in June, payroll processing firm ADP said Wednesday. The figure is well below economists’ estimates of a gain of 95,000 jobs and down from the prior month’s revised reading of 29,000. “Though layoffs continue to be rare, a hesitancy to hire and a reluctance to replace departing […] ...
Waffle House drops 50-cent egg surchargeWaffle House drops 50-cent egg surcharge
Waffle House dropped a 50-cent per egg surcharge this week as prices of the popular breakfast food have stabilized. The chain announced the “egg-cellent news” on X, writing in a post that “the egg surcharge is officially off the menu” and thanking its customers for understanding. The egg surcharge went into effect in early February. […] ...
Del Monte Foods files for bankruptcyDel Monte Foods files for bankruptcy
Canned-food giant Del Monte Foods filed for bankruptcy on Tuesday, the company announced in a statement. Del Monte Foods began voluntary Chapter 11 proceedings and entered into a restructuring support agreement with a group of its lenders, they said. “This is a strategic step forward for Del Monte Foods,” CEO Greg Longstreet said in a statement. “After a […] ...
Cruise giants are building their own private paradise islands with jaw-dropping featuresCruise giants are building their own private paradise islands with jaw-dropping features
Cruise lines have been betting big on their private destinations. Later this month, Carnival will open Celebration Key, a private destination the cruise line operator has been developing on the island of Grand Bahama for its guests. CEO Josh Weinstein told “The Claman Countdown” host Liz Claman on June 24 that it was “already one […] ...
LA hotel owners sound alarm as $30 minimum wage threatens to crush industryLA hotel owners sound alarm as $30 minimum wage threatens to crush industry
Los Angeles hotel operators are fighting a $30 minimum wage hike that was passed by the city council, amid a struggle with “profitability.” “Hotels don’t just fuel tourism. They support local workers and their families. These new regulations will force so many of us to fight to keep our businesses alive, putting thousands of those […] ...
Politicians push job-killing minimum wage hikes while ignoring the devastating economic realityPoliticians push job-killing minimum wage hikes while ignoring the devastating economic reality
Despite it being widely known by anyone who can think two steps ahead that price controls have negative consequences, politicians can’t help but continue to promote price controls as policy. With Americans facing increased costs of living, there has been a return to calling for minimum wage hikes from democratic socialists like New York City […] ...
Republicans defy fiscal critics to push through Trump’s signature ‘beautiful’ tax cutsRepublicans defy fiscal critics to push through Trump’s signature ‘beautiful’ tax cuts
With the help of JD Vance and his tie-breaking vote, Senate Republicans narrowly passed their version of the so-called “One Big Beautiful Bill Act” on Tuesday. It is projected to increase budget deficits by roughly $4 trillion over the next decade. An analysis by the Committee for a Responsible Federal Budget (CRFB) using data from […] ...
Trump lit a fire under NATO, but more needs to be done to contain the Russia-China axisTrump lit a fire under NATO, but more needs to be done to contain the Russia-China axis
First President Donald Trump dropped the Midnight Hammer on Iran’s nuclear program, courtesy of the B-2 bombers. Then, four days later Trump dropped the hammer on NATO. With threats, charm and the momentum of victory, Trump pushed NATO’s European allies to pledge to spend 5% of their GDP on defense – the single biggest jump […] ...
Trump urged to take on South Korea over tech regulations that target US, spare ChinaTrump urged to take on South Korea over tech regulations that target US, spare China
FIRST ON FOX: Concern is mounting in Washington following last month’s election of South Korea’s liberal President Lee Jae-Myung that Seoul seeks to “disproportionately” target U.S. digital companies with new regulatory requirements while giving Chinese businesses a pass. A group of Republican lawmakers on Wednesday are preparing to send a letter to the Trump administration […] ...
GameStop customers could receive cash payout following settlement over alleged privacy breachGameStop customers could receive cash payout following settlement over alleged privacy breach
Customers who purchased a video game from the website of popular gaming retailer, GameStop, during the past five years could be eligible for a payout under a recent settlement following an alleged privacy breach. The class-action lawsuit, filed by Alejandro Aldana and Scott Gallie, accused GameStop of sharing customers’ personal information without their consent. The […] ...
Challenges loom for trucking industry with end of Trump’s tariff pauseChallenges loom for trucking industry with end of Trump’s tariff pause
President Donald Trump’s 90-day pause on tariffs could be ending early this month. For truckers at Southern California’s ports, that could mean even more economic uncertainty. The Ports of Long Beach and Los Angeles are entering peak season. Cargo ships from overseas are usually packed with things like back-to-school supplies and holiday gifts. US ECONOMY […] ...
Tinder launches new biometric face scan verificationTinder launches new biometric face scan verification
Popular dating app Tinder rolled out a new verification method that requires users to utilize facial recognition technology to prove they are a real human when they first sign up for the app. The technology – called Face Check – will be used to confirm that the person signing up is real by taking a […] ...
Mamdani’s rent freeze plan could further strain housing costs in New York, experts sayMamdani’s rent freeze plan could further strain housing costs in New York, experts say
Experts warn New York City mayoral candidate Zohran Mamdani’s proposed housing agenda could further strain rental affordability in the Big Apple. The plan, aimed at tackling the tag team crisis of affordability and housing, includes an immediate freeze on more than 2 million rent-stabilized apartments. “Economists — whether they are on the right or on the […] ...
Grocery chain recalls chocolate treats due to undeclared allergenGrocery chain recalls chocolate treats due to undeclared allergen
An undeclared allergen has prompted a recall of some lots of Wegmans semi-sweet chocolate nonpareils. The recalled 18.5-ounce tubs of chocolate candy “contain undeclared milk allergen” that did not appear on packaging, according to an allergy alert published Monday by the Food and Drug Administration (FDA). The recall was issued by Mellace Family Brands California, […] ...
Fed Chair Powell confirms tariff concerns prevented interest rate cuts so far this yearFed Chair Powell confirms tariff concerns prevented interest rate cuts so far this year
Federal Reserve Chair Jerome Powell on Tuesday said that the central bank has held off on cutting interest rates due to concerns about tariff-induced price hikes on consumers, adding that the Fed likely would’ve cut rates this year if not for those tariff worries. Powell participated in a panel discussion about monetary policy at the European […] ...
SALT deduction will do ‘nothing for 90% of US taxpayers,’ economists saySALT deduction will do ‘nothing for 90% of US taxpayers,’ economists say
One of the thorniest points emerging in President Donald Trump’s massive tax and spending bill is the state and local tax deduction, also known as SALT. In the “big beautiful bill,” there is a provision that will temporarily lift the SALT deduction from $10,000 to $40,000 for households with an income of $500,000 a year. The SALT […] ...
Notorious hacker group sets sights on airline industry in alarming security threatNotorious hacker group sets sights on airline industry in alarming security threat
The notorious cybercriminal group dubbed “Scattered Spider” is now targeting the airline sector, the Federal Bureau of Investigation (FBI) warned. The FBI posted on X that the group relies on “social engineering techniques, often impersonating employees or contractors to deceive IT help desks into granting access” and frequently involves methods to bypass multifactor authentication (MFA), […] ...
Labor secretary unveils unprecedented plan to slash 63 ‘outdated and burdensome’ rulesLabor secretary unveils unprecedented plan to slash 63 ‘outdated and burdensome’ rules
FIRST ON FOX: The Department of Labor is proposing 63 deregulatory actions, including several related to cutting back on diversity, equity and inclusion efforts, building on 37 similar actions taken during the first Trump administration by the department. “One of President Trump’s very first actions was directing his cabinet to dismantle the mountain of outdated […] ...
Trump’s ‘big, beautiful bill’ has been handed a major victory, legal watchdog group saysTrump’s ‘big, beautiful bill’ has been handed a major victory, legal watchdog group says
The complete expulsion of an artificial intelligence (AI)-related amendment in President Donald Trump’s “big, beautiful bill” is supposedly a big win for American families, businesses and the administration itself, according to one legal watchdog group. “The removal of the 10-year and 5-year AI moratorium from Trump’s bill is a major victory,” Article III Project President […] ...
Caitlin Clark’s new shoes sell out within minutes, reselling on secondary market for over doubleCaitlin Clark’s new shoes sell out within minutes, reselling on secondary market for over double
It was rumored that 13,000 pairs of Caitlin Clark’s new Nike basketball sneakers were being sold on June 30 – and they were gone before people could even add them to the cart. A Nike rep told FOX Business that the Kobe Bryant-themed sneakers were out of stock “in minutes.” Clark last year signed an […] ...