Business

Cracker Barrel co-founder Tommy Lowe is speaking out against the company’s current leadership, accusing its CEO of being out of touch with the Southern-country themed chain’s loyal customer base.In an interview with FOX Business, Lowe, 93, criticized Julie Felss Masino — who previously served as president of Taco Bell and Mattel before taking over as CEO in 2023 — for pushing changes he believes run counter to the restaurant’s roots."Taco […]

In a world where trends fade overnight and luxury goods lose their shine, one handbag has managed to defy the rules of fashion economics. The Hermès Birkin straddles the line between luxury and investment, prized as much for its financial value as for its iconic design.Named for the actress Jane Birkin, the bag carries the same air of effortless elegance, its mix of function and glamour making it as desirable today […]

I saw a lot of socialist experiments in Latin America and the results weren't pretty.If Americans want to see how badly socialism works, they don't have to go far. Beginning with Cuba's Fidel Castro in 1959, socialism has a dismal history of failure throughout this hemisphere. While socialist revolutionaries came to power by focusing on real problems of poverty and corruption, they often hid their goal of completely taking over […]

Apple’s decision to comply with the Department of Justice’s request to remove apps that monitor the locations of Immigration and Customs Enforcement, like ICEBlock, triggered mixed reactions on social media.Conservatives praised the decision as a necessary step to protecting law enforcement officers as mass deportation efforts continue under the Trump administration."Following last week’s tragic shooting at the Dallas ICE facility, authorities said the suspect used tracking apps, including ICEBlock, before […]

EXCLUSIVE: The Treasury Department is considering a plan to mint new $1 coins bearing President Donald Trump's image as part of a push to commemorate the 250th anniversary of America's founding, FOX Business has learned."Despite the radical left's forced shutdown of our government, the facts are clear: Under the historic leadership of President Donald J. Trump, our nation is entering its 250th anniversary stronger, more prosperous, and better than ever," […]

A recently completed stock deal saw OpenAI's valuation surge to $500 billion and become the world's most valuable private company, according to a report.Current and former OpenAI employees sold about $6.6 billion in shares to a consortium of investors that included Thrive Capital, SoftBank, Dragoneer Investment Group, Abu Dhabi's MGX and T. Rowe Price, according to Reuters, citing a source familiar with the matter. The deal valued the ChatGPT-maker at $500 billion – […]

There is now a timeline for when Americans may see the September jobs report amid the government shutdown, according to the Trump administration. "I hope that the Democrats understand as soon as they open this government, we want to get these numbers out so that we can determine what this market looks like, and we can work hard again to fulfill the needs of the American people," Labor Secretary Lori Chavez-DeRemer […]

EXCLUSIVE: Less than two years ago, Teamsters President Sean O’Brien and Oklahoma Republican Sen. Markwayne Mullin nearly came to blows during a Senate Health, Education, Labor and Pensions Committee hearing on Capitol Hill, laying bare the long-running rift between the GOP and organized labor.On Friday, that same HELP Committee, now led by Republicans who maintain a majority in the Senate, extended an invitation to O’Brien to testify in an upcoming […]

The ongoing partial government shutdown prevented the Labor Department from releasing the anticipated September jobs report as scheduled on Friday, causing economic data watchers to turn their attention to alternative sources to gauge labor market conditions.The Bureau of Labor Statistics' September jobs report was expected to show the economy added 50,000 jobs in September, according to economists polled by LSEG. That would continue the trend of soft jobs reports in recent months, […]