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Fed cuts interest rates for third straight time amid uncertainty over labor market, inflation20:16 The Federal Reserve announced its third straight interest rate cut following its December meeting amid concerns about slowing labor market despite inflation remaining above target. Why cheaper beef prices are still a long way off20:16 Beef prices may drop but consumers face "slow and painful" wait for relief, warns a Wells Fargo economist. Cattle shortages continue to keep costs high. Jimmy V Week celebrates coach Valvano’s lasting legacy and fuels continued fight against cancer19:12 Jimmy V Week honors Jim Valvano’s inspiring legacy and his foundation’s mission to fight cancer, uniting fans and athletes through hope, perseverance, and teamwork. GoFundMe increasingly being used to fundraise for basic economic needs like food, housing19:11 Essential expense fundraising surged 20% on GoFundMe as "monthly bills" became the second-fastest growing fundraising category behind "charity" campaigns. PepsiCo cuts products, lowers prices after pressure from activist investor18:08 PepsiCo will cut hundreds of products after Elliott Investment Management pushes for cost reductions. The company will reduce SKUs by 20% to boost value. Trump Fed chair frontrunner Kevin Hassett hints at comprehensive Federal Reserve overhaul16:31 National Economic Council Director Kevin Hassett outlines his Fed reform plans, including staff cuts and stricter policy focus, if selected as the central bank s next chairman. Cracker Barrel’s turnaround hits early snags; CEO warns recovery will 'take time' after rebrand fiasco15:59 Cracker Barrel CEO Julie Masino admitted the company s turnaround is taking longer than expected after summer controversy hurt consumer trust and recovery efforts. Small businesses report record monthly surge in price increases as inflation pressure mounts14:54 Small businesses hit a record high for price increases in November, with 34% raising prices amid persistent inflation pressures, an NFIB survey reveals. How to get a piece of the $700M Google settlement14:54 Oregon Attorney General Dan Rayfield and a coalition of 52 other attorneys general secure $700 million Google settlement over alleged anticompetitive Google Play Store practices. Trump says he will 'think about' eliminating tax on gambling winnings5:49 Trump says he may eliminate federal taxes on gambling winnings, expanding his administration’s push for new tax cuts. LARRY KUDLOW: Stop socialism in its tracks0:29 If presidents have the right to hire, that should give them equal right to fire. We must abolish the fourth branch of government AutoZone opens 53 new stores while navigating inflation and tariff cost increases23:25 AutoZone plans an aggressive store expansion with 53 new locations opened globally in the latest quarter, bringing total to 7,710 stores as auto parts retailer grows. From mortgages to car loans: How affordability rises and falls with the Fed22:53 Affordability in America increasingly comes down to one institution, the Federal Reserve, whose decisions ripple through nearly every household budget. Small business optimism rises, but owners say qualified workers are still hard to find9.prosince Small business optimism rises despite ongoing labor quality concerns as well as inflation challenges, according to new NFIB data showing mixed economic signals. Senate banking leader credits Trump for economic progress after one year of leading top finance committee9.prosince Sen. Tim Scott credits President Donald Trump s leadership on banking, including crypto legislation and anti-debanking measures to protect Americans. |
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