SlateStone Wealth partner Kenny Polcari analyzes the current market pullback, rising inflation and whether investors are growing exhausted with AI stocks on ‘Varney & Co. Kevin Warsh was sworn in as the new chair of the Federal Reserve by Supreme Court Justice Clarence Thomas in a ceremony at the White …
Read More »Jell-O enters ‘new era’ as Kraft Heinz launches dye-free dessert line
Check out what’s clicking on FoxBusiness.com. Kraft Heinz is bringing a cleaner-label makeover to one of America’s most iconic desserts. The company announced Tuesday that it is launching Jell-O Simply, a new line of gelatin products made without artificial sweeteners or FD&C artificial colors, as consumers increasingly seek foods with …
Read More »Philadelphia voters approve first city-run retirement savings program in US
Alliance Global Partners chief global strategist Mark Grant discusses his income tax strategy for retirees on Varney & Co. Voters in Philadelphia passed a ballot measure on Tuesday that will create the country’s first city-run savings program for workers whose jobs don’t offer retirement benefits. The measure will create a …
Read More »Waymo halts freeway robotaxi operations across US over safety concerns
‘Barron’s Roundtable’ panelists discuss the growth of autonomous ride-shares and what Waymo’s success means for the industry. Waymo is temporarily halting freeway operations for its robotaxi service in several U.S. markets as the company works to address performance issues in construction zones, FOX Business has learned. The Alphabet-owned company confirmed …
Read More »Hyundai recalls over 54,000 Elantra Hybrids over fire risk from defect
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 …
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