Valentine’s Day chocolate prices set to break hearts after cocoa prices hit record high
See what’s being clicked on FoxBusiness.com Consumers planning to buy chocolates for their loved ones this Valentine’s Day may be hit by sticker shock, and not just because of inflation. Cocoa prices, which have been on the rise due to crop damage in West Africa, soared to record highs last week, with continued shortages weighing […]
Walmart, Energizer ordered to face lawsuits over high battery prices
Walmart and Energizer have been ordered by a U.S. judge to face a lawsuit by consumers and retailers accusing them of violating antitrust laws by conspiring to raise battery prices. In a ruling Friday, U.S. District Judge P. Casey Pitts ruled that plaintiffs in three proposed class-action lawsuits claim that Walmart inflated wholesale prices for […]
Video Shows Two Minneapolis High Schoolers Viciously Attacking Each Other As Teachers Try To Intervene
A violent altercation between students in Minneapolis broke out during lunchtime, prompting an emergency police response, the Daily Mail reported on Saturday. The incident, in which two female students were involved in a violent confrontation, was captured on video and circulated on Platform X, formerly known as Twitter. For this reason, the school warned students […]
NYT editorial board: Biden must ‘do better’ to address age concerns, stakes ‘too high’
New York Times Editorial Board Said President Biden said he needs to “do more to address” age concerns in an opinion piece following the release of a special counsel report that found the president has problems with memory and recall. The article notes that the president refuted the report in a fiery press conference Thursday, […]
Janet Yellen warns high prices could be here to stay
Matt Orton, chief market strategist at Raymond James Investment Management, looks ahead to the earnings report, the future of the AI sector, and the Fed’s interest rate trends. Inflation is falling faster than most economists expected, according to the Treasury secretary, but Americans who were expecting a broad decline in prices may be disappointed. Janet […]
U.S. Credit Card Debt Reaches Record High $1.13T
(Photo by Joe Radle/Getty Images) OAN’s James Myers9:10am – Thursday, February 8, 2024 Credit card debt nationwide has once again hit an all-time high, according to a new report. advertisement New data released Tuesday by the Federal Reserve Bank of New York showed that Americans’ credit card balances have reached a staggering $1.13 trillion. The […]
Hershey announces job cuts after high cocoa costs hurt candy sales
Hershey announced layoffs Thursday, reporting a hit to its quarterly profit as soaring cocoa prices and inflation-weary shoppers refrained from buying the company’s expensive chocolate and candy. The Pennsylvania-based company announced it will cut 5% of its workforce, resulting in up to $60 million in severance pay. It was not immediately clear how many jobs […]
Massachusetts governor nominate former romantic partner to state’s high court
Massachusetts Governor Maura Healey has nominated her ex-girlfriend of several years to the state Supreme Court. If confirmed, Associate Justice Gabriel R. Wolohogian of the Massachusetts Court of Appeals will serve as an associate judge of the Supreme Judicial Court. She will fill the seat vacated by Judge David Lowy. “There is no one more […]
Breece Hall and Quincy Williams have high hopes for the New York Jets in 2024
The New York Jets have become one of the most interesting teams in the NFL in 2023, even though they weren’t very interesting in their primary role of winning football games. This past season was a disaster for the Jets, and the injury to Aaron Rodgers right when it all started obviously affected things. There […]
Debt held by US public on track to hit record high in next decade: Estimate
Federal budget analysts said Wednesday that the amount of debt held by Americans is on track to reach record highs in the coming years as the federal budget deficit is expected to rise over the next decade. The Congressional Budget Office (CBO) predicts that public debt will increase significantly over the next decade, rising from […]