Business

JPMorgan Chase CEO Jamie Dimon on Tuesday said that while the U.S. economy has stayed strong through the second quarter of this year, there remain potential stumbling blocks to the economic outlook.Dimon said that the "U.S. economy has remained resilient" and noted that while there are potential boosts coming from the enactment of Republicans' tax and spending package, other headwinds could dampen the economic outlook going forward."The finalization of tax reform and […]

The PGA Tour is set to return to one of its old homes.According to Sports Business Journal, Trump Doral in Miami will host a PGA event for the first time since 2016 next year.The outlet reports that the event will take place from April 27 to May 3, potentially as a signature event.CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COMThe new event would take place in between the Zurich Classic […]

A rebellion by conservative lawmakers forced the House of Representatives' legislative business to grind to a halt Tuesday.A dozen House Republicans joined Democrats to sink a procedural vote that would have allowed lawmakers to debate several measures before voting for them individually on the House floor.Now, House leaders' plans to vote this week on three cryptocurrency bills and pass one of their 12 yearly appropriations bills, specifically dealing with the […]

Uber is joining forces with Chinese tech company Baidu to roll out thousands of driverless vehicles on its ride-sharing platform across multiple international markets.The move – which combines Uber's expansive network and Baidu's Apollo Go autonomous vehicles – comes as tech companies compete to launch self-driving taxis commercially, according to Reuters.UBER TO OFFER DRIVELESS RIDES WITH WAYMO IN AUSTIN, ATLANTAThe first deployments are expected to happen later this year in […]

Chick-fil-A fans will have the opportunity to win food rewards through the digital "Code Moo" game that the company has brought back.Chick-fil-A’s animated "Code Moo" game went live once again on the fast-food chain’s app on Tuesday, offering the first of three planned weekly "digital missions" that members of its rewards program will be able to play to "unlock" a food reward, according to a press release.The chain is releasing […]

Italian cashmere house Loro Piana, famed for its "quiet luxury" brand under the LVMH empire, has been placed under court monitoring over alleged labor abuses in its supply chain involving unauthorized Chinese-run factories using illegal and underpaid workers.An investigation revealed that Loro Piana had allegedly subcontracted production to a shell company that further outsourced work to reduce costs. The shell company allegedly issued fake invoices and engaged in exploitative labor practices, Reuters […]

A group of masked thieves are wanted in Washington, D.C., after they targeted a luxury athletic apparel store and made off with about $20,000 in merchandise late last month, authorities said.Six suspects entered an Alo store in D.C.’s Georgetown neighborhood at around 7:30 p.m. on June 30, the Metropolitan Police Department said.Surveillance video shows the suspects walking past what appears to be a security guard standing at the door before […]

Danone U.S. is recalling YoCrunch yogurts over the risk that the products’ dome toppers may have pieces of plastic inside them. The company said all flavors and sizes of YoCrunch products "currently in-market" are subject to the recall. The details of the various types of recalled yogurt products and their expiration dates were listed in Danone’s recall notice posted Monday on the Food and Drug Administration’s website. The expiration dates range from […]

President Donald Trump on Tuesday said consumer prices are lower and that the Federal Reserve should lower interest rates."Consumer Prices LOW. Bring down the Fed Rate, NOW!!!" Trump said in a post on Truth Social.The president said in a separate post that the central bank should lower rates by three points."Fed should cut Rates by 3 Points. Very Low Inflation. One Trillion Dollars a year would be saved!!!" he wrote.Trump's […]