Gristedes CEO warns 'transfer of wealth' costing the poor and middle classes
John Catsimatidis, the billionaire owner and CEO of New York City supermarket chain Gristedes, weighs in on inflation and the impact on the U.S. economy.
Inflation is a tax on the poor, middle class: Gristedes CEO
John Catsimatidis, the billionaire owner and CEO of New York City supermarket chain Gristedes, argues the poor and middle class is getting 'hurt' by inflation, noting that increased oil prices leads to higher transportation and food costs.
Market expert predicts surge in retail spending going into fall
Mark Avallone, Potomac Wealth Advisors president and founder, discusses concerns of consumer price inflation as Home Depot beats earnings estimates.
NYC’s White population surges as Black residents exit
Kings County led the city’s massive population growth over the past decade with a 9.2 percent jump — higher than any other borough, according to data released by the U.S. Census Bureau.
Cookie cake sold at Walmart recalled over allergy concerns
Jimmy’s Cookies LLC is recalling one lot of its Marketside Chocolate Candy Cookie Cake.
Should students return to schools as child hospitalizations rise?
Former Health & Human Services chief medical officer Dr. Vanila Singh provides insight into COVID rates in children.
Here's why the Monterey Car Week auctions beat expectations with $343 million in sales
The Monterey Car Week auctions brought in a combined $343 million, which was up 37 percent from 2019. The event was canceled in 2020 due to the coronavirus pandemic.
Nationwide frozen shrimp recall expands due to salmonella concerns
Avanti Frozen Foods voluntarily expanded its recall, originally issued in late June, to include "various sizes of frozen cooked, peeled, deveined, shrimp (with some packaged with cocktail sauce)."
Market expert: Fed's plan to start tapering will lead to 'summertime blues'
Cornerstone Wealth CIO Cliff Hodge, Payne Capital Management president Ryan Payne and Spotlight Asset Group CIO Shanna Sissel discuss their outlook for the market amid the Federal Reserve weighing ending asset purchases.
Ram pickup trucks recalled over risk of air bag launching shrapnel
Automaker Stellantis is recalling more than 260,000 Ram trucks over a potential hazard caused by side-curtain air bags.
Monster Jam truck show to be first 100 percent capacity event held at Prudential Center
Feld Entertainment CEO Kenneth Feld discusses resuming events and adapting to COVID safety guidelines.
Spirit Airlines cancellations caused by 'execution' problem: Former CEO
Former Spirit Airlines CEO Ben Baldanza says the airline struggled to schedule enough pilots and mechanics as summer flight demand soared, causing more than 2,000 cancellations last week.
The Beachbody Company CEO on COVID’s impact on fitness trends
The Beachbody Company CEO Carl Daikeler on his online work out company, masks in gyms and current fitness trends.
Critical Race Theory not being taught because there’s ‘no curriculum’ for it: School board president
Frederick County Public School Board President Jay Mason weighs in on masked children in schools and Critical Race Theory.
Gas prices up more than $1 per gallon from last year
As prices at the pump continue to rise, some gas stations are expanding their electric vehicle charging stations. FOX Business' Jeff Flock with more.
Hyundai, Kia recall 600,000 vehicles to fix trunk latch problem
Hyundai and Kia are recalling more than 600,000 vehicles in the U.S. because damage to the trunk latches can stop them from being opened from the inside.
Monterey Car Week auctions predicted to break $320 million in sales
The Monterey Car Week auctions are underway and estimated to bring in $320 million in sales. The event was canceled last year due to coronavirus restrictions.
Fed has its 'foot on the accelerator': Market expert
MI2 Partners co-founder and President Julian Brigden argues markets would react differently to consumer spending if policymakers weren't involved.
Are you missing these 3 ways to claim more Social Security?
How much you receive in Social Security payments could mean the difference between a comfortable retirement and living on a fixed income.
The Villages, Florida, was fastest-growing metro area this decade: Census Bureau
The Villages, a 55-plus master-planned community about an hour northwest of Orlando, was the fastest-growing U.S. metro area between 2010 and 2020, the Census Bureau said Thursday.