Job openings fall to lowest since January 2021
Former Trump administration economist Stephen Moore has analyzed what that could mean for the macroeconomy if job growth has been significantly overestimated. U.S. job openings fell more than expected in July to the lowest level in more than three years, the latest evidence of a cooling labor market. U.S. job openings fell to the lowest […]
Volvo reverses goal to make only EVs in 2030
Barron's Roundtable panelists discuss why some automakers are scaling back their plans to roll out electric vehicles. Volvo on Wednesday Electric Vehicles The company said it expects to continue offering hybrid models as part of its lineup through 2030. The Swedish company and other automakers see demand for EVs slowing as price-conscious car buyers turn […]
US Steel CEO warns failed sale to Nippon Steel would lead to steel mill closures
FOX Business' Jeff Flock reports from Doylestown, Pennsylvania with more from Cavuto: Coast to Coast. The CEO of U.S. Steel has warned that the company would be forced to close steel mills if a pending $14 billion investment goes ahead. Acquisition by Nippon Steel It falls. U.S. Steel CEO David Barritt said: of The Wall […]
Mega Millions jackpot rises to $740 million after no grand prize winner
See what's clicking on FoxBusiness.com. of Mega Millions Jackpot No tickets matched the winning numbers in Tuesday night's drawing, raising the prize to an estimated $740 million. The winning numbers drawn on Tuesday were 12, 41, 43, 52 and 55, with the Mega Ball being 9. The Megaplier was 4x. No one won the estimated […]
Swiss International forced to add huge ‘balancing plate’ to Airbus jets due to new 1st-class seat weight
Frontier Airlines CEO Barry Biffle speaks on “Wall Street with Maria Bartiromo” about growth opportunities in low-cost fares, the failed JetBlue-Spirit merger and more. Swiss International Air Lines' new first-class seats are so heavy that for safety reasons the airline will have to modify the planes they are installed on. “SWISS Senses”, the in-flight experience […]
Water shortage strains booming Texas town
Mollie Engelhart, owner of Sage Regenerative Kitchen & Brewery, talks about the costs of doing business in California on Cavuto: Coast to Coast. Urban Kyle, Texasis one of the fastest growing municipalities in the United States, but despite efforts, its water supply is struggling to keep up with its booming population. Kyle is located between […]
Why are so many restaurant chains filing for bankruptcy this year?
Zane Tankel, chairman and CEO of Apple Metro, said consumer brands have to get more creative in an inflationary environment. We're not even at the fourth quarter of this year, but bankruptcies of restaurant chains, operators and major franchises are already nearly double what they were in 2023. Jonathan Carson, co-CEO of bankruptcy services and […]
Cathay Pacific grounds planes after finding 15 with faulty parts
A passenger plane crashes at New Chitose Airport during severe winter weather conditions. (Photo: Reuters) Hong Kong's main airline Cathay Pacific has grounded most of its Airbus A350-1000 fleet and cancelled dozens of flights after an engine part failed in flight. Flight CX383, flying from Hong Kong to Zurich, experienced the problem minutes after takeoff […]
Pay for new hires is falling in some blue-collar jobs
Judaline Cassidy, founder of Tools & Tiaras, talks about women entering the skilled trades and how her camps introduce young women to skilled trades. Some jobs don't pay as much as they used to. According to ZipRecruiter data, the wages employers are offering new hires in several blue-collar sectors of the labor market are declining […]
Mega Millions jackpot balloons to $681 million after no grand prize winner
See what's clicking on FoxBusiness.com. of Mega Millions Jackpot No tickets matched the winning numbers in Friday night's drawing, raising the prize amount to an estimated $681 million. The winning numbers drawn on Friday were 10, 17, 20, 24 and 54, with the Mega Ball being 8. The Megaplier was 4x. No one won the […]