Check out what’s clicking on FoxBusiness.com. Hyundai Motor Company is recalling more than 54,000 Elantra Hybrid vehicles in the U.S. due to a defect in the hybrid power system that could overheat and spark a fire, federal regulators said. The recall covers certain 2024–2026 Hyundai Elantra Hybrid models. About 54,337 …
Read More »Hospitals accuse CVS of siphoning hundreds of millions in drug savings
Check out what’s clicking on FoxBusiness.com. Three major hospital systems on Monday filed lawsuits accusing CVS Health and its subsidiaries of running a secret scheme that allegedly siphoned hundreds of millions of dollars away from hospitals serving vulnerable and uninsured patients. The lawsuits – filed by Mount Sinai in New …
Read More »Walmart warns higher fuel prices will squeeze shoppers as tax refunds end
Osaic chief market strategist Phil Blancato discusses key economic data this week on ‘Making Money.’ Hard-working Americans could soon face another blow at the checkout counter. Retail giant Walmart issued a warning Thursday after its Q1 earnings report, signaling that rising fuel costs could soon hit consumers at the checkout …
Read More »Seattle mayor softens anti-Starbucks rhetoric amid business climate concerns
‘The Big Money Show’ co-hosts discuss Seattle Mayor Katie Wilson’s remarks dismissing millionaires leaving the city as Starbucks moves 2,000 jobs to Nashville. Seattle Mayor Katie Wilson is walking back earlier comments urging consumers to boycott Starbucks, as tensions grow over Seattle’s relationship with major employers and the coffee giant …
Read More »SpaceX officially files for blockbuster IPO
York Space Systems founder and CEO Dirk Wallinger discusses SpaceXs IPO going public and more on The Claman Countdown. SpaceX on Wednesday submitted documents to move forward with its highly anticipated initial public offering (IPO), as the revolutionary company that’s pursuing the eventual colonization of Mars and deploying space-based AI …
Read More »Trader Joe’s announces 25 new stores across the country
Check out what’s clicking on FoxBusiness.com. Trader Joe’s is expanding its footprint with 25 new locations across 14 states, adding to its previously announced growth pipeline, the company said. The popular California-based grocery chain announced Wednesday that nine additional stores are now in development, bringing the total slate of upcoming …
Read More »Costco patio swings recalled after seats detach, leaving 8 injured
Check out what’s clicking on FoxBusiness.com. Thousands of patio swings sold at Costco are being recalled because the seats can suddenly detach while in use, creating what officials describe as a “risk of serious injury or death from a fall hazard.” World Bright International Limited is recalling about 18,500 Agio …
Read More »Fed minutes reveal policymakers worried about Iran war energy price impact
Chicago Federal Reserve Bank president Austan Goolsbee discusses Kevin Warshs new agenda on The Claman Countdown. Federal Reserve policymakers were concerned about high energy prices contributing to inflationary pressures in the economy when they held interest rates steady last month, the minutes from the meeting show. The Federal Open Market …
Read More »Mark Zandi puts U.S. recession odds at 40%, warns economy is ‘on edge’
Rochefort co-CEO Kyle Bass analyzes the global economy as President Donald Trump signals a turning point in the U.S.-Iran conflict on ‘Mornings with Maria.’ Despite triumphant headlines from Wall Street, one prominent economic forecaster is sounding the alarm that the U.S. economy is sitting on a razor’s edge. In a …
Read More »Santander issues £1000 payment update with deadline just days away | Personal Finance | Finance
Santander has shared an update to its customers, who could be in line for a £1000 payment. However, the banking giant warned that people only had days left to act. It relates to the bank’s ‘ Accelerate Your Savings Free Draw’. In a post shared on social media, it says …
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