Business

The weaker-than-expected July jobs report and large downward revisions to the prior two months' job gains could signal that the U.S. economy is at a turning point, as Federal Reserve policymakers continue to monitor economic conditions and weigh interest rate cuts.Fed Governor Lisa Cook spoke on a panel with Boston Fed President Susan Collins at the Boston Fed. Cook said that the report was "concerning" as it could signal the U.S. […]

The ESPN-NFL deal reportedly faces a major roadblock from the United States Department of Justice (DOJ).The sides agreed to a deal, formally announced Tuesday, in which ESPN will acquire NFL Network and other media assets, including NFL RedZone, from the National Football League in exchange for the league taking a 10% equity stake in the all-sports network as part of a landmark agreement.However, the DOJ is expected to conduct a […]

President Donald Trump called on Intel CEO Lip-Bu Tan to step down immediately on Thursday after Senate Republicans raised concerns over his links to Chinese companies and a criminal case involving his former company."The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem. Thank you for your attention to this problem!" Trump posted on Truth Social.His post came shortly after U.S. […]

United Airlines temporarily grounded all of its mainline flights Wednesday evening due to a technical issue, the airline said.Mainline flights are operated directly by United, using its own aircraft and crew. These typically include Boeing 737, 757, 767, 777, and 787 jets, as well as Airbus A319 and A320 models. "Due to a technology issue, we are holding United mainline flights at their departure airports," a spokesperson told FOX Business. "We […]

Social Security Administration (SSA) Commissioner Frank Bisignano on Wednesday highlighted improvements across the agency, touting a significant increase in scheduled appointments, greater employee morale and faster call response times."I was in the field office in Staten Island yesterday with Councilwoman [Nicole] Malliotakis, and the staff is delighted," Bisignano said on Wednesday on Fox Business’ "The Claman Countdown." "They're handling clients. We're scheduling visits."SOCIAL SECURITY CHIEF FIRES BACK AT WARREN OVER […]

McDonald's is reviving its nostalgic McDonaldland brand after a more than 20-year hiatus, launching a new meal and merchandise inspired by the fictional universe and its inhabitants.The fast-food giant will begin rolling out the McDonaldland Meal, featuring collectible tins that contain postcards and stickers inspired by the fantasy world's characters such as Grimace and Birdie Aug. 12, according to a news release.In addition to the souvenirs, each order comes with […]

Airbnb has reportedly apologized to a woman after the host of a Manhattan apartment where she stayed used artificial intelligence to doctor images of the home, saying she caused thousands of dollars in damage. A London-based woman booked a one-bedroom apartment in Manhattan for a 2½-month stay earlier this year, The Guardian reported. Citing safety issues in the area, the woman stayed for seven weeks and left the Airbnb early.However, the […]

As President Donald Trump's sweeping tariff rates come into effect this week, there are a handful of countries that have yet to agree to a trade deal.In the days leading up to the August deadline, Trump unveiled a wave of major trade agreements with key U.S. partners, including Japan, the United Kingdom, the European Union and South Korea. TRUMP'S GLOBAL RESET OF TRADE RELATIONS WILL REMAIN IN THE SPOTLIGHT THIS WEEKNations […]

The makers of CELSIUS energy drinks are taking advantage of the publicity the beverages have gotten since a "labeling error" led to the recall of cans that actually have vodka seltzer inside. Last week, two production lots of High Noon Vodka Seltzer 12-packs were recalled because they could potentially "contain cans that are filled with High Noon vodka seltzer alcohol and are mislabeled as CELSIUS® ASTRO VIBE™ Energy Drink, Sparkling Blue […]