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PepsiCo said it is eliminating hundreds of products from shelves by early next year following discussions with an activist investor pushing the company to cut costs and streamline its product lineup.On Monday, the food giant, whose brands include Fritos, Gatorade, Doritos, Cheetos and Aquafina, said it is in the process of reducing nearly 20% of the SKUs (stock keeping units) that it sells in the U.S. by early 2026. It […]

Kevin Hassett is signaling he’s ready to shake up the Federal Reserve.In an interview with FOX Business’ Larry Kudlow on Tuesday, the National Economic Council director – and Fed chair frontrunner – openly hinted he would overhaul key parts of the Federal Reserve and scrutinize everything from the Fed’s research divisions to its regional presidents."The point is the Fed should be focused on monetary policy and to try to stay […]

Cracker Barrel warned during the company's earnings call on Tuesday that its turnaround is moving at a slower pace than hoped after the company was mired in controversy over the summer after an attempted rebrand angered consumers.Cracker Barrel CEO Julie Masino acknowledged that first-quarter results "were below our expectations amid unique and ongoing headwinds" that "our recovery will take time," as the company's teams work to regain momentum."As you are all […]