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Exclusive: BlackRock executive Rick Rieder discussed several key issues, including the profitability of the Federal Reserve, during an interview for the top job at the central bank, senior administration sources told FOX Business.Other topics discussed during the meeting with Rieder, the chief investment officer of global fixed income at BlackRock, included the importance of monetary policy stability and U.S. debt dynamics, the sources said.The interview was conducted in the Oval […]

A recall of Frigidaire-branded minifridges has been expanded to 964,000 units after multiple reports of the product catching fire, according to the U.S. Consumer Product Safety Commission.Canada-based Curtis International initially recalled 634,000 minifridges last summer but added 330,000 of another model to the alert Thursday.The recalled minifridges have electrical components that can short-circuit and ignite the plastic used to make the product, presenting fire and burn hazards.45 SICKENED WITH SALMONELLA […]

Coinbase CEO Brian Armstrong revealed why the cryptocurrency giant chose to withdraw support for a key Senate crypto bill during an interview on "Mornings with Maria.""It just felt deeply unfair to me that one industry [banks] would come in and get to do regulatory capture to ban their competition," Armstrong told FOX Business. "They should have to compete on the level playing field, and I genuinely believe that."Armstrong told FOX […]

A nationwide recall of Spring & Mulberry date-sweetened chocolate has expanded to eight products over fears of salmonella contamination, up from just one product initially recalled Monday.Thursday’s update from the U.S. Food and Drug Administration (FDA) affects the majority of the company’s chocolate products known for being sweetened exclusively with dates. While the recall initially affected Spring & Mulberry’s Mint Leaf flavor, it now also includes Earl Grey, Lavender Rose, Mango […]