Business

Euro Pacific Asset Management Chief Economist Peter Schiff voiced some criticism of the Federal Reserve and sounded the alarm about the economy during an appearance Wednesday on "The Claman Countdown." Schiff’s comments on the show came not long after the Federal Open Markets Committee (FOMC) wrapped up its latest meeting in the afternoon, electing to keep the central bank’s benchmark interest rate at its current level.Federal Reserve Chain Jerome Powell subsequently […]

The Tampa Bay Rays are in "exclusive discussions" with an investment group in Florida about a potential sale of the team. "The Tampa Bay Rays announced that the team has recently commenced exclusive discussions with a group led by Patrick Zalupski, Bill Cosgrove, Ken Babby and prominent Tampa Bay investors concerning a possible sale of the team," the organization said on Wednesday. Forbes has the Rays valued at $1.25 billion, which is […]

The Buss family has reportedly entered an agreement to sell majority ownership of the Los Angeles Lakers to Mark Walter, the chairman and controlling owner of the Los Angeles Dodgers.The deal is reportedly valued at $10 billion, which is by far the most for any sale of a professional sports team in world history, per ESPN. The highest price before that was the Boston Celtics sale in March 2025, which was […]

If the escalating conflict between Israel and Iran significantly cuts supply in the global oil market, prices could surge to as much as $120 a barrel due to a potential threat to a significant shipping lane, according to industry experts.The price of West Texas Intermediate, a key crude oil benchmark, is sitting around a one-year high, while global benchmark Brent Crude is nearing a five-month high Wednesday as the conflict […]

Honda is recalling about 259,000 Honda and Acura vehicles due to a problem with a brake pedal defect that could potentially present a safety hazard. American Honda announced the recall impacting some Honda Pilot sedans from the model years 2023-2025, Acura MDA SUVs from the model years 2023-2025 and Acura TLX sedans from the model years 2021-2025 on Wednesday, saying their brake pedal assemblies have to get checked at a dealership. In […]

A revolution in the cryptocurrency world may soon go mainstream, as lawmakers move to formally regulate stablecoins, a digital currency designed to maintain a fixed value. "The internet is now colliding with the financial industry and the financial system," said Circle CEO and co-founder Jeremy Allaire on "Mornings with Maria" Wednesday. "There’s an opportunity to build very significant scaled platforms and utilities in the same way that we've seen those built […]

General Mills is the latest U.S. food giant pledging to remove FD&C artificial dyes from its portfolio of products within the next two years amid calls from the Trump administration to eliminate artificial colors from the nation's food supply.For its part, the Minnesota-based food giant said it plans to remove artificial colors from all its U.S. cereals and all K-12 school foods by the summer of 2026. It will simultaneously […]

A theory about the Pentagon and nearby pizza restaurant's busy-hours is making the rounds again amid the ongoing conflict between Israel and Iran. People have theorized that pizza joints near the Pentagon get significantly busier before geopolitical conflicts, with instances of that supposedly being predictors that something significant is about to unfold on the world stage. The theory has been around for decades but has more recently made its way to social […]