Deckers shares soar after profit forecast hike on strong Hoka, UGG sales
Shares of Deckers Outdoor Inc. soared as much as 17% on Friday after several brokerages raised their price targets after the company bet on full-price sales of its best-selling Hoka running shoes and Ugg boots to boost its full-year profit forecast. Shares of clothing company Deckers Outdoor surged on Friday after the company raised its […]
NBC’s Peacock 33% price hike to take effect ahead of 2024 Summer Olympics — here’s what to know
NBC’s streaming service Peacock implemented a big price increase for new subscribers this week, just days before the highly anticipated opening of the 2024 Summer Olympics. The Comcast-owned streaming service on Thursday began charging new subscribers $7.99 for Peacock’s standard ad-supported “Premium” plan, a 33 percent increase over the previous price of $5.99 per month. […]
Father, daughter die at Utah’s Canyonlands National Park after running out of water on hike in 100-degree heat
A father and his adult daughter were found dead in Utah’s Canyonlands National Park on Friday after getting lost while hiking and running out of water amid triple-digit temperatures, authorities said. According to the National Park Service (NPS), a 52-year-old man and a 23-year-old woman from Green Bay, Wisconsin, were hiking on the Sinkline Trail […]
NYC food-delivery workers losing jobs after minimum wage hike: report
New York City’s minimum wage hike has boosted pay for food delivery workers who have managed to stay employed, but city officials report that thousands have lost their jobs as the cost of delivering meals has skyrocketed. A report from New York City’s Department of Consumer and Workforce Protection said pay has increased substantially due […]
DC minimum wage hike to $17.50 goes into effect on Monday
Washington, D.C., will raise its minimum wage from $17 to $17.50 per hour for nontipped workers and from $8 to $10 per hour for tipped employees, effective Monday. The Office of Wage-Hour Compliance at the Department of Employment Services oversees the enforcement of fair compensation practices to ensure employers in the district fulfill their obligations […]
NJ Transit delays enrage commuters as fare hike set to take hold— ‘Nothing is being done about it’
Every day, radio producer Brandon Tagoe takes an early morning train from Elizabeth, New Jersey, to Penn Station in Manhattan. The short ride would be more than enough time to get to his “dream job” in New York City by 5:15 a.m. But Tagoe, 28, said a string of recent glitches and delays at NJ […]
Fed’s Bowman Sees No Cuts This Year, Warns of Possible Rate Hike
Bowman issues warning to rate cutters Market remains most underestimated risk Federal Reserve Rate Hikes. The Federal Funds futures market The Federal Reserve is almost certain to cut interest rates They see a 94% chance of at least one rate cut by the end of the year and a 65% chance of two cuts by […]
Paramount+ to hike streaming prices, joining rivals — here’s how much plans will cost
Media giant Paramount Global said on Monday it will raise subscription fees for its flagship streaming service as it seeks to rebalance its business and pay down debt. The repricing comes at a time when merger talks between non-executive Chairman Shari Redstone and David Ellison’s Skydance Media to sell Redstone’s controlling stake in Paramount Global […]
Hollywood Arby’s shutters doors after more than 5 decades in business following minimum wage hike
See what’s clicking on FoxBusiness.com Hungry people strolling along Sunset Boulevard in Hollywood may be wondering where their meat is after an Arby’s location closes after more than 50 years in business. On Tuesday, the fast-food restaurant’s iconic cowboy hat sign was captured by FOX 11’s Sky Fox cameras and read, “Goodbye Hollywood. Thank you […]
‘Embarrassment:’ White House blasted for opposing pay hike for junior enlisted troops
Please subscribe to Fox News to access this content Plus, with your account you get exclusive access to handpicked articles and other premium content for free. By entering your email address and pressing “Continue”, you agree to Fox News’ Terms of Use and Privacy Policy, including the Financial Incentive Notice. Please enter a valid email […]