Business

The U.S. Food and Drug Administration (FDA) may not renew the Emergency Use Authorization for the Pfizer-BioNTech COVID-19 vaccine for children under the age of five, the company said. The possible move would pull the only available coronavirus vaccine for young children from the market. "We are currently in discussions with the agency on potential paths forward and have requested that the EUA for this age group remain in place for the […]

The U.S. national debt surpassed $37 trillion for the first time in the nation's history on Friday as the federal government continues to accumulate debt at a record-setting pace.New data from the Treasury Department released showed that the gross national debt hit $37,004,817,625,842.56 on Tuesday afternoon.TREASURY'S BESSENT SAYS US IS ‘NEVER GOING TO DEFAULT’ AS DEBT LIMIT DEADLINE LOOMSThe $37 trillion debt milestone comes less than eight months after the […]

Disney recently teamed up with the Navy Morale, Welfare and Recreation (MWR) organization to give America's men and women in uniform a "fantastic" experience.Troops serving in Djibouti were given special screenings of "The Fantastic Four: First Steps," which included pre-recorded greetings by executive producer Grant Curtis from Marvel Studios.DISNEY FINALLY GETS IT RIGHT AS BELOVED 'LILO & STITCH' JOINS BILLION-DOLLAR CLUBIn true Disney fashion, the process of getting the film […]

EXCLUSIVE — A United Nations watchdog organization is calling on the World Bank to terminate the employment of its Senior Country Economist in Tunisia, Massimiliano Cali. U.N. Watch Executive Director Hillel Neuer claims that Cali’s social media posts violated his neutrality obligations as a World Bank employee. "If this was just one or two infractions, that would be one thing. But this is someone who has embraced Hamas and acted as their […]

Spirit Airlines warned Tuesday that it may not make it through another year, citing concerns over its ability to raise enough cash, despite having successfully restructured its debt and emerging from bankruptcy just months ago. The beleaguered low-cost carrier said in a Securities and Exchange Commission (SEC) filing that it continues to be affected by "adverse market conditions," including continued weak demand for domestic leisure travel in the second quarter of […]

President Donald Trump on Tuesday slammed Goldman Sachs CEO David Solomon over a report showing that American consumers and businesses are shouldering the burden of tariffs, telling him to "focus on being a DJ."Trump's comments follow a report compiled by Goldman Sachs economists that showed U.S. businesses and consumers are paying the bulk of the cost of the president's tariffs, which are taxes on imports, rather than foreign countries who Trump has […]

Dine Brands' latest strategy goes beyond menu revamps, restaurant redesigns and social media campaigns, according to its CEO John Peyton.Instead, the company is focused on strategically combining its morning-focused brand, IHOP, with its evening-centric one, Applebee’s. The goal is to create a dual-branded model that allows it to capture and serve customers throughout every daypart – breakfast, lunch, dinner and late night – in a way that, as Peyton puts […]

President Donald Trump has pushed off imposing higher tariffs on China until November, just before additional tariffs were set to take effect Tuesday.An executive order from the president was signed Monday that will prevent higher tariffs from going into effect against China for another three months – until Nov. 9.The extension comes after Treasury Secretary Scott Bessent participated in trade negotiations in May with China in Geneva that resulted in […]

Hundreds of cases of cookies sold at Target are being recalled due to the potential that they may be contaminated with wood, according to a notice by the Food and Drug Administration (FDA). Ten-count packages of Favorite Day Bakery Frosted Sugar Cookies, which are one of Target's private labels, are at the center of the recall, according to the FDA notice. The recall was initiated by Give and Go Prepared Food […]