Business

President Trump announced on Friday that his administration is launching a probe into furniture imports to determine new tariff rates on pieces entering the country."I am pleased to announce that we are doing a major Tariff Investigation on Furniture coming into the United States," Trump posted to his Truth Social account Friday afternoon. "Within the next 50 days, that Investigation will be completed, and Furniture coming from other Countries into […]

Cracker Barrel is firmly in the crosshairs of consumer backlash, but conservative activist Robby Starbuck believes the negative reaction boils down to something deeper than just a new logo and reflects a broader abandonment of traditional American values.Consumers quickly spoke out against Cracker Barrel after it unveiled a new logo that eliminated the image of a man leaning on a barrel and instead just has the restaurant’s name in black text over […]

Nearly $4 billion of new money flowed into digital assets last week, with the U.S. dominating 99% of the total haul. Investors are taking a cue from President Trump’s push to open retirement accounts up to alternative assets. "My Administration will relieve the regulatory burdens and litigation risk that impede American workers’ retirement accounts from achieving the competitive returns and asset diversification necessary to secure a dignified, comfortable retirement," read a […]

Cracker Barrel's $700 million rebranding effort is joining a list of corporate missteps that have sparked public backlash. The public outcry is centered on Cracker Barrel's new logo, which includes a modernized version that no longer features an image of a man resting on a barrel that had been a defining symbol of the brand for nearly 50 years.In recent years, several major companies have faced backlash over high-profile business decisions, […]

President Donald Trump on Friday threatened to fire a member of the Federal Reserve's board of governors if she doesn't resign from her role.Federal Reserve Governor Lisa Cook is facing mortgage fraud allegations that are under investigation by the Department of Justice (DOJ) following a criminal referral by Federal Housing Finance Agency head Bill Pulte – a staunch Trump ally and critic of the Fed."I'll fire her if she doesn't […]

Federal Reserve Chair Jerome Powell on Friday said that the "balance of risks appears to be shifting" in the U.S. economy, as central bank policymakers weigh labor market conditions and inflation data ahead of their next interest rate decision in mid-September.Powell spoke at the annual monetary policy conference hosted by the Kansas City Fed in Jackson Hole, Wyoming, in what is expected to be his final address at the event as […]

Canada announced on Friday that it will remove many of the retaliatory tariffs imposed on U.S. goods as a sign of goodwill aimed at resuming trade talks that have stalled.Canadian tariffs on goods that are compliant with the U.S.-Mexico-Canada Agreement (USMCA) will be lifted under the move, while tariffs imposed on U.S. autos, steel and aluminum will remain in effect for now. "In this context and consistent with Canada's commitment to […]

Cracker Barrel over the past decade has worked closely with the Human Rights Campaign (HRC), changing its company culture to be more inclusive and LGBT-friendly ahead of its controversial store rebrand.The restaurant chain’s former management and training leader, Steve Smotherman, who spearheaded an LGBT employee resource group at Cracker Barrel, went on to sit on the HRC’s Business Advisory Council, Upward News reported. "For more than ten years of my time […]

Many veterans face challenges when transitioning from the military to civilian life, and one program aims to help them find a renewed sense of purpose through entrepreneurship.Semper Fi & America’s Fund – a California-based nonprofit that offers a range of programs to help former service members – has an apprenticeship program that supports veterans in launching businesses by providing education, guidance and financial assistance, according to program director Casey Fisher."Veterans […]