Business

Early signs are emerging that China is now "caving" to the U.S. and President Donald Trump on tariffs, according to one foreign policy expert.Gatestone Institute senior fellow Gordon Chang agreed there’s "a win for Trump" after the president revealed he’s spoken to China about trade tensions and the recent exemption of some U.S. goods from its 125% tariff."China is doing this, but it's not announcing it. It's just not imposing […]

Jack in the Box announced that it plans to close 150 to 200 of its restaurants as it looks to boost the fast-food company’s financial performance.The company said Wednesday that the restaurants in the planned "block closure program" were ones that were "underperforming" and, in many cases, several decades old. "Our actions today focus on three main areas: addressing our balance sheet to accelerate cash flow and pay down debt, while […]

The Palisades Nuclear Plant in Michigan is one step closer to restarting as President Trump forges ahead to thaw American energy sources."In advancing President Trump’s commitment to meet our growing demand for affordable, reliable and secure electricity, America needs to utilize all forms of energy that grow our economy, create new jobs, and secure energy independence," said U.S. Energy Secretary Chris Wright in the announcement. "With projects like the Palisades […]

Several major fast food companies are leaning into chicken. McDonald’s, Taco Bell and Wendy’s have each indicated in recent months that they are looking to ramp up their offerings of the increasingly popular protein. Fast-food giant McDonald’s on Thursday revealed McCrispy Strips would become a permanent menu item at all participating U.S. restaurants by May 5, something CEO Chris Kempczinski alluded to during the company’s fourth-quarter earnings call in February as he […]

The Trump Organization is back in the spotlight — this time with a bold new piece of headwear.The official Trump Store, an online retailer, launched a red "Trump 2028" hat, priced at $50 and proudly made in America. The high-crown cap features full embroidery, a snap closure, and, as the product page puts it, invites fans to "make a statement" — and judging by the chatter online, it’s doing just […]

Intel forecast second-quarter revenue below Wall Street estimates on Thursday, casting a shadow over new CEO Lip-Bu Tan's first round of earnings at the helm, against the backdrop of a raging Sino-U.S. trade war.Intel shares were down 5.8% in extended trading.The dour outlook from Intel could be another source of pessimism for investors who are counting on Tan to turn the chipmaker around after years of missteps have left it […]

Some Republican lawmakers are seeking an increase in the child tax credit while scrapping other controversial tax benefits.The "Family First Act," sponsored by Sen. Jim Banks, R-Ind., and Rep. Blake Moore, R-Utah, would raise the credit to $4,200 for children under 6 years old and $3,000 for older children. Families can claim the credit for up to six children and would be "fully refundable."Notably, the legislation would add a $2,800 […]

Google parent Alphabet said it would buy back $70 billion worth of shares and increase its dividend by 5% as it reported first-quarter earnings above Wall Street expectations on Thursday.Shares jumped 4% in extended trading, adding about $75 billion to the company's market value.Alphabet beat quarterly revenue estimates, benefiting from steady growth in its digital advertising business, which helped offset muted growth at its cloud computing unit.3M BEATS FIRST-QUARTER ESTIMATES, […]

Thu, 24 Apr 2025 16:08:18 -0400[image][Stock Table]Stocks extended gains for the third-straight trading session on Thursday.The Dow Jones Industrial Average was up 486.83 points, or 1.23%, while the S&P 500 and Nasdaq Composite climbed 2.03% and 2.74%, respectively.The major indexes opened mixed on Thursday after China said there are no ongoing talks with the U.S. on tariffs.Ministry of Commerce spokesman He Yadong said on Thursday that "Any claims about the […]