Stephen Schork, The Schork Group principal, discusses OPEC and California’s energy policies during his interview on ‘Mornings with Maria.’ San Francisco saw the single largest drop in median income of any major city in the country during the COVID-19 pandemic as wealthy tech workers fled the city in droves, according […]
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Yellen says OPEC oil production cuts bad for global economy
Check out what’s clicking on FoxBusiness.com U.S. Treasury Secretary Janet Yellen added her voice to the members of the Biden administration sounding off against the recent oil production cuts announced by the group OPEC+. Yellen said the move by OPEC+to cut oil production was “unhelpful and unwise” for the global […]
Biden takes victory lap on Inflation Reduction Act’s insulin cap, blames Republicans for not backing it
Check out what’s clicking on FoxBusiness.com President Joe Biden jumped on social media Saturday night to take a victory lap on the Inflation Reduction Act, a signature piece of legislation the president is parading ahead of November’s midterm elections. In a pair of tweets, Biden — who campaigned on “Bringing […]
PayPal user agreement fining users up to $2,500 for promoting ‘misinformation’ was sent ‘in error,’ spox says
Americans for Tax Reform President Grover Norquist discusses the impact of third-party payment processor apps reporting transactions over $600 to the IRS. A new PayPal user agreement that threatens to fine users up to $2,500 if they use the service to “promote misinformation,” was sent out “in error,” a PayPal […]
Chick-fil-A has slowest drive-thru, 2022 fast-food report says
Chick-fil-A ambassador on her family’s company Hungry customers looking for a meal in a hurry be warned, Chick-fil-A might not be the best option. According to new data from a 2022 drive-thru report that outlines the fastest drive-thrus in the United States, Chick-fil-A ranked as the slowest, with Taco Bell […]
Hurricane Ian uninsured, insured damages estimated between $41-70B
Sarasota, Florida Mayor Erik Arroyo discusses the recovery process, including bipartisan aid, after Hurricane Ian devastated his community. An analysis of final estimated uninsured and insured damages in impacted states following Hurricane Ian reveals total flood and wind related losses are between $41 billion and $70 billion. The analytics and […]
Amazon Prime Early Access sale, Consumer Price Index, bank earnings top week ahead
BNP Paribas chief U.S. economist Carl Riccadonna and Carnivore Trading CEO Dutch Masters discuss whether the September jobs report cements a Fed 75 basis point rate hike in November on ‘The Claman Countdown.’ The upcoming week will be dominated by earnings from several big banks as well as key economic […]
Ye breaks Twitter silence after nearly 2 years, Elon Musk says ‘Welcome back’
‘Black Victim to Black Victor’ author Adam B. Coleman reacts to rapper Ye West’s claim that Hollywood ‘bullied’ him for being a Trump supporter on ‘Varney & Co.’ Performer and business mogul Ye returned to social media platform Twitter on Saturday after nearly two years of silence. Ye — formerly […]
TikTok parent ByteDance sees losses swell in push for growth
GameStop board member Larry Cheng predicts a ‘better than expected’ holiday shopping season. TikTok parent ByteDance Ltd. saw its operating losses more than triple last year to above $7 billion as it spent heavily to continue its torrid growth, according to a financial report shared with employees that offers a […]
McDonald’s iconic Happy Meals Halloween buckets have returned
Check out what’s clicking on FoxBusiness.com McDonald’s has officially announced the return of its Halloween Happy Meal buckets for the first time in six years. The buckets — a pumpkin, a witch and a ghost named McPunk’n, McGoblin and McBoo respectively — will return to restaurants nationwide on Oct. 18, […]