Business

Federal Reserve Chairman Jerome Powell refused to weigh in on who could replace him as President Donald Trump meets with prospective contenders to run the world’s most powerful central bank.When asked by FOX Business whether Trump’s public search for a new Fed chair affects his ability to do the job, Powell responded flatly, "No."Powell also declined to say whether he would stay on the Federal Reserve Board of Governors.POWELL REFUSES […]

The 2025 edition of Jimmy V Week kicked off with an unreal comeback victory by No. 10 BYU on Tuesday after the team came back from being down 22 points before the last two national champions in UConn and Florida took the court at Madison Square Garden.During halftime of the games, though, four fan bases came together to watch Jim Valvano's famous ESPYs speech in awe.The laughter and applause from […]

GoFundMe’s 2025 "Year in help" review found that its crowdfunding platform was increasingly used by Americans to fundraise for basic economic needs."Monthly bills" was the second-fastest growing category on the platform behind "Charity."The review found that the most common words in fundraiser descriptions this year were "work," "food," "bill," "home," "care" and "love."GoFundMe said essential expense fundraising increased by 20%, and more fundraisers were started for food banks than any […]

PepsiCo said it is eliminating hundreds of products from shelves by early next year following discussions with an activist investor pushing the company to cut costs and streamline its product lineup.On Monday, the food giant, whose brands include Fritos, Gatorade, Doritos, Cheetos and Aquafina, said it is in the process of reducing nearly 20% of the SKUs (stock keeping units) that it sells in the U.S. by early 2026. It […]

Kevin Hassett is signaling he’s ready to shake up the Federal Reserve.In an interview with FOX Business’ Larry Kudlow on Tuesday, the National Economic Council director – and Fed chair frontrunner – openly hinted he would overhaul key parts of the Federal Reserve and scrutinize everything from the Fed’s research divisions to its regional presidents."The point is the Fed should be focused on monetary policy and to try to stay […]

Cracker Barrel warned during the company's earnings call on Tuesday that its turnaround is moving at a slower pace than hoped after the company was mired in controversy over the summer after an attempted rebrand angered consumers.Cracker Barrel CEO Julie Masino acknowledged that first-quarter results "were below our expectations amid unique and ongoing headwinds" that "our recovery will take time," as the company's teams work to regain momentum."As you are all […]

If presidents have the right to hire, that should give them a symmetrical equal right to fire, without going through a hullabaloo entanglement of deep state bureaucracies and left-wing judges. Just because the Supreme Court made a huge mistake almost 100 years ago during FDR’s new deal that gave authority to all his commissions and bureaucrats, doesn’t mean we have to continue and abide by a long, lost, mistaken era.On […]

Auto parts retailer AutoZone is planning to continue to expand its portfolio of brick and mortar locations as the auto industry faces higher prices.AutoZone said that in the quarter that ended on Nov. 22, the company opened 39 new stores in the U.S., along with 12 in Mexico and two in Brazil for a net 53 new stores. As of that date, AutoZone had 6,666 stores in the U.S., plus […]

When it comes to what Americans can afford, no institution looms larger than the Federal Reserve.The nation’s central bank, commonly known as the Fed, doesn’t set the price of groceries or cars, but it does influence how expensive it is to borrow money. Right now, borrowing is costly. High interest rates mean larger monthly payments on mortgages, car loans and credit cards, even if the price of a home or vehicle […]