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President Donald Trump on Thursday trolled Cracker Barrel over the controversial logo rebranding effort that it later reversed on social media.Trump posted a video on X of him and the "old timer" who was initially removed from the Cracker Barrel logo during the rebrand shaking hands and dancing to The Village People's "YMCA" in front of the restaurant chain's logo. The roughly 30-second video appeared to be generated using artificial intelligence (AI).The […]

Mortgage rates fell to the lowest level since October 2024, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage fell to 6.5% from last week's reading of 6.56%. This week's figure was the lowest since Oct. 17, 2024, when the 30-year fixed rate averaged 6.44%.The average rate on a 30-year loan was 6.35% a year ago.ONLY […]

Gold prices slipped on Thursday, marking a pause in what has been a record-breaking rally that has seen market prices for the precious metal surge over the last year.Long considered a safe haven asset to hedge against economic uncertainty, gold has risen as investors deal with concerns about the U.S. economy due to the impact of tariffs on inflation, as well as signs of a weakening labor market and expectations of […]

A New York billionaire is opening up about his private conversations with President Donald Trump on the city’s mayoral race and Democratic candidate Zohran Mamdani, including what Trump had to say about it this weekend."He’s [Trump] always been concerned for months and months and months about the race," admitted John Catsimatidis, CEO of Gristedes Supermarkets, during an appearance on "Varney & Co." Thursday. "President Trump is from New York, he's a […]

President Donald Trump’s nominee to join the Federal Reserve Board of Governors insisted to lawmakers Thursday he would keep the central bank independent and would take an "unpaid leave of absence" from his current White House position if confirmed to the role. Stephen Miran, chairman of the White House Council of Economic Advisers, appeared in front of the Senate Banking Committee, where he declared that the "independence of the central bank is […]