Business

During an appearance on "The Claman Countdown" with Liz Claman, Raphael Bostic, the President and CEO of the Federal Reserve Bank of Atlanta, provided some candid remarks about President Donald Trump's threats to fire Fed Chairman Jerome Powell, the outlook for interest rates and the impact of tariffs on the economy. Bostic downplayed the Trump–Powell drama. He said, "I try not to spend energy on that. I’m laser-focused on understanding where […]

In a bubbly announcement Wednesday afternoon, President Donald Trump relayed that Coca-Cola agreed to use "real" cane sugar in Coke sold in the United States.The president, who installed a Diet Coke button in the Oval Office, relayed the sweet news on Truth Social."I have been speaking to Coca-Cola about using REAL Cane Sugar in Coke in the United States, and they have agreed to do so," Trump wrote on Truth […]

Here’s what’s behind the holdup in the House as Republicans try — again — to pass a trio of cryptocurrency bills.The House declared this "crypto week" with the aim of President Trump signing the GENIUS Act, which creates a framework for stablecoins tied to other currencies, later this week.But here’s the problem: Time. The Senate and the House are victims of their own successes.DEMOCRATIC SOCIALIST MAYORAL NOMINEE CREATES GROWING HEADACHE […]

A recall is underway for tens of thousands of cases of Power Stick antiperspirant deodorant, according to the Food and Drug Administration (FDA).An enforcement report published by the agency showed A.P. Deauville launched a recall for over 67,000 cases of "power fresh"-scented Power Stick for Her Roll-On Antiperspirant Deodorant, "spring fresh"-scented Power Stick Invisible Protection Roll-On Antiperspirant Deodorant and Power Stick Original Nourishing Invisible Protection Roll-On Antiperspirant Deodorant. The company took that […]

President Donald Trump is reportedly preparing to sign an executive order that would expand access to private-market investments in retirement accounts.The Wall Street Journal reported, citing people familiar with the matter, that the order would direct the Labor Department and Securities and Exchange Commission to develop regulatory guidance for employers and plan administrators about the inclusion of private assets in 401(k) retirement plans.The Journal's sources indicated that the order's details aren't yet […]

Larry Ellison, the co-founder and chief technology officer of software giant Oracle, surpassed Meta's Mark Zuckerberg as the second-richest person in the world.Ellison, 80, has a net worth of $251 billion, according to Bloomberg Billionaires Index. His wealth has increased by $59 billion this year. Zuckerberg, the creator of Facebook, is a close third. Oracle's shares rose 5.7% on Tuesday following news that the U.S. will allow chipmakers Nvidia and Advanced […]

Target is opening up 20 stores this year as part of ongoing investments aimed to drive $15 billion of profitable sales growth by 2030.The Minneapolis-based retailer plans to open at least eight locations in California, Connecticut, Florida, New Jersey, New York and Pennsylvania through August. There will be nine more openings in late fall. Target has already opened up four locations since the beginning of the year. The openings build on […]

National Hot Dog Day has restaurants offering freebies and deals on the American handheld favorite.Often considered a summertime staple, Americans eat 7 billion hot dogs from Memorial Day to Labor Day, according to consumption statistics from the National Hot Dog and Sausage Council.While cities like Chicago are known for their dogs, the council said Los Angelenos consumed the most in 2024.NATHAN’S HOT DOG EATING CONTEST: JOEY CHESTNUT RETURNS TO CONEY […]

FIRST ON FOX: Republican lawmakers are introducing legislation on Wednesday that would prohibit striking workers from receiving unemployment benefits, as states like Oregon, Washington, New York, and New Jersey all offer coverage for those workers.The Securing Help for Involuntary Employment Loss and Displacement (SHIELD) Act would make it a federal requirement that an individual applying for unemployment is not disqualified soley due to a "strike or other labor dispute," with […]