Tens of millions of air bag inflators pose safety risk, possible recall looming: US auto safety regulators
See what’s clicking on FoxBusiness.com The National Highway Traffic Safety Administration (NHTSA) said people driving tens of millions of vehicles in the United States continue to be at risk of injury or death from unsafe front and passenger airbag inflators manufactured by ARC Automotive Inc. and Delphi Automotive Systems Inc. of Supplemental Initial Decisions According […]
Jerome Powell Suggests Fed May Cut Interest Rates Before Election Day
An interest rate cut at the Federal Open Market Committee (FOMC) in September is “on the table,” Federal Reserve Chairman Jerome Powell said during a press conference on Wednesday. The news comes after the Fed decided to keep the federal funds rate target range between 5.25% and 5.5%, marking the eighth meeting in a row […]
Upcoming Ford Maverick to have new tech features
National transportation expert Mike Caudill spoke on “The Big Money Show” about the history of the Ford Mustang and revealed the automaker’s plans for the future. Ford Motor is upgrading its popular Maverick pickup truck with a host of tech and other features for the 2025 model year. The automaker unveiled the next-generation pickup truck […]
Federal Reserve Declines To Cut Rates Yet Again As Americans Wait For Relief
The Federal Reserve announced on Wednesday that it will not yet cut its benchmark federal funds rate in what is predicted to be the last in a streak of pauses as inflation and debt continues to cripple Americans. The Fed’s decision not to change interest rates keeps the target in a range of 5.25% to […]
Amazon responsible for hazardous 3rd-party products and recall, federal agency says
See what’s clicking on FoxBusiness.com The US Consumer Product Safety Commission (CPSC) said on Tuesday that global e-commerce company Amazon is responsible for recalling hundreds of thousands of dangerous third-party products sold on its website. The 400,000 products under recall for being defective or not meeting federal consumer product safety standards include faulty carbon monoxide […]
‘Abhorrent To Business’: Billionaire Warns Kamala Harris ‘Further Left Than Biden’
Billionaire investor Barry Sternlicht on Tuesday warned that Vice President Kamala Harris’ policies are detrimental for business and that she is more progressive than President Joe Biden. The Federal Trade Commission (FTC) under the Biden-Harris administration has targeted successful American industries, including artificial intelligence and fashion giants. Sternlicht on “Squawk Box” used FTC Chair Lina Khan’s […]
McDonald’s sales decline for first time in years as higher fast food prices hurt demand
“The Big Money Show” co-host Brian Bremberg breaks down the latest inflation data and discusses California’s $20 minimum wage hike. McDonald’s has struggled to attract cash-strapped customers amid rising menu prices, leading to its first sales decline in years. McDonald’s CEO Chris Kempczinski said the company’s system has “endured significant inflationary cost increases” over the […]
McDonald’s posts weak quarterly results as higher fast food prices hurt demand
“The Big Money Show” co-host Brian Bremberg breaks down the latest inflation data and discusses California’s $20 minimum wage hike. Burger chain McDonald’s Inc. on Monday reported an unexpected drop in sales and a quarterly profit that fell short of Wall Street expectations as rising menu prices helped it struggle to attract cash-strapped customers who […]
Tech company pulls advertising after blasphemous opening ceremony
Airbnb CEO Brian Chesky showed off a room containing a real Olympic torch on “The Craman Countdown.” Ceremonies for the 2024 Olympic Games opened in Paris on Friday night, giving spectators a taste of French culture and blasphemous art, but they have outraged Christians around the world and led at least one sponsor to pull […]
Stocks, Dow, Fed, rate cuts, Trump, Harris, Paris Olympics
Kamala Harris, economy, tax proposals Stocks surge after inflation data released on hopes of September rate cut Trump-Harris battle heats up 2024 White House race Bitcoin nears $70,000 as cryptocurrency could play role in election campaign Tesla CEO Elon Musk appears before Congress as President Trump makes clear his stance on EVs Delta’s Crowdstrike Nightmare […]