Lowe’s announces end to several DEI policies in internal memo: report
Robbie Starbuck, host of “The Robbie Starbuck Show,” discusses the perils of DEI as Lowe's joins a growing group of companies abandoning progressive initiatives. Home improvement chain Lowe's is reportedly planning to eliminate several diversity, equity, and inclusion (DEI) programs. The retail chain is the latest major company to revise its DEI policies, according to […]
Home prices rise again in June to new record
National Association of Home Builders CEO Jim Tobin talks about Vice President Kamala Harris' push for tax incentives for homebuilding on “Maria Bartiromo's Wall Street.” Home prices hit new record in June Housing shortageThis is despite the fact that soaring mortgage rates continue to put homebuying out of reach for millions of Americans. The S&P […]
Alaska Airlines Boeing flight returns to airport following engine issue
Bank of America senior aerospace analyst Ron Epstein shared his thoughts on the current state of aerospace giant Boeing as the company names a new CEO. According to reports, an Alaska Airlines flight flying from Seattle to Oakland, California, had to turn back Sunday afternoon due to engine problems. Alaska Airlines Flight 1240 was operated […]
US firms’ ‘low firing’ approach could turn to more layoffs, Fed’s Barkin warns
Jim Thorne, chief market strategist at Wellington Altus Private Wealth, argues that the Fed needs to get inflation down to neutral levels quickly. In newly released comments, Richmond Fed President Thomas Barkin said U.S. companies’ current approach to hiring decisions — hiring fewer people and firing fewer — is likely short-lived, and he noted the […]
Fed’s actions carried more weight than words in taming inflation: researchers
FOX Business’ Edward Lawrence presents highlights from Federal Reserve Chairman Jerome Powell’s remarks at the Jackson Hole Economic Symposium. Reliability Federal Reserve System New research presented at the Kansas City Fed’s annual research conference in Jackson Hole, Wyoming, says interest rate cuts helped financial markets as the central bank fought inflation for years, but it […]
Former pilot who tried to kill plane engines says he wants to fly again
See what’s clicking on FoxBusiness.com. A former pilot who tried to shut down a passenger plane’s engine mid-flight is hoping to one day be able to fly again. In his most detailed interview since the incident, Joseph Emerson, 44, spoke about the tragic lapse in reason that ruined his career, the emotional impact it has […]
USPS could slow service in certain areas as it seeks to cut costs
See what’s clicking on FoxBusiness.com. The United States Postal Service (USPS) is considering cost-cutting measures that could lead to delays in long-distance and rural mail delivery. If the proposed changes go into effect, which wouldn’t take effect until after the November election, customers within 50 miles of the Postal Service’s largest processing facilities would get […]
Canadian freight railroads shut down over union dispute
See what’s clicking on FoxBusiness.com. The two major railway companies Canada On Thursday, the company locked out about 10,000 union members after labor talks collapsed, halting freight traffic in a move expected to cost the economy hundreds of millions of dollars a day and threatening major disruptions to North American supply chains. Canadian National Railway […]
Mortgage rates edge lower | Fox Business
Erin Sykes, chief economist at Nest Seekers International, weighs in on The Bottom Line as high interest rates continue to hurt the housing market. Mortgage rates fell slightly this week but remained steady in the mid-6% range as demand in the housing market remains weak. Freddie Mac’s latest primary mortgage market survey released Thursday showed […]
Washington coffee shop owner who was robbed at gunpoint on camera ‘felt like I was going to be shot’
“It’s not a question of if, it’s a question of when,” small business owner Peyton Jones told Jason Rantz about when ordinary citizens will become victims. (Credit: @jasonrantz via X) A small business owner and his employees were robbed at gunpoint, and the entire incident was caught on camera. Peyton Jones has run Revive Coffee, […]