News

President Donald Trump’s push for lower interest rates is drawing criticism from allies and opponents alike, raising fresh concerns over the Federal Reserve's independence and the potential risks to the U.S. economy.On Sunday, billionaire Republican megadonor and Citadel CEO Ken Griffin wrote an op-ed in The Wall Street Journal, calling for interest rate resolution but warning that the president’s attacks on the Fed chair carry "steep costs.""Runaway inflation during the […]

Apple on Tuesday kicked off an event featuring the unveiling of a new lineup of iPhones headlined by a new thinner smartphone as the tech giant explores new design features.Apple's new thinner smartphone offering is known as the iPhone Air and is will be in the middle of the company's iPhone lineup between less expensive iPhone 17 models and more expensive iPhone 17 Pro models. The iPhone 17 will be $799, […]

The Trump administration on Tuesday blasted the Labor Department’s annual jobs revisions, which revealed the U.S. added hundreds of thousands fewer jobs than first thought – the largest correction on record.The revisions, compiled by the Bureau of Labor Statistics, showed that previous jobs reports were overstated by 911,000. The latest adjustment – on the higher end of Wall Street’s expectations – comes as President Donald Trump steps up his calls […]

Cracker Barrel announced it is suspending its restaurant remodels after facing public outrage over changes fans said abandoned the chain’s core values."You’ve shared your voices in recent weeks not just on our logo, but also on our restaurants. We’re continuing to listen. Today, we’re suspending our remodels. If your restaurant hasn’t been remodeled, you don’t need to worry, it won’t be," Cracker Barrel said in a statement posted to its […]