FOX Business Flash top headlines for May 11
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China cheats, plain and simple: Rep. John James
Rep. John James, R-Mich., reacts to the recent report that the automobile corporation Stellantis plans to cut over 2,000 jobs at a Michigan auto plant.
Fed is in good position to cut rates aggressively: Seema Shah
Principal Asset Management chief global strategist Seema Shah analyzes the labor market and discusses the risk of recession on 'Making Money.'
Serious changes have to come to our defense system: Larry Lindsey
Former National Economic Council director Larry Lindsey discusses the differences between a Trump economic agenda with a potential Harris one, an analysis saying that half of new jobs are going to migrants, defense spending and inflation.
Legendary beauty products seller Avon files for bankruptcy
Beauty brand Avon Products filed for Chapter 11 bankruptcy to address its debt burden and legal liabilities from lawsuits related to allegedly contaminated talc-based products.
There's 'no reason to believe' Kamala has changed her mind: Rep. Beth Van Duyne
Rep. Beth Van Duyne, R-Texas, on Kamala's 'complete 180' turn on taxes, the border and details the turnout from a statewide job fair.
J&J has enough support from claimants for $6.5 billion talc settlement: report
Johnson & Johnson is reportedly nearing enough support to finalize a $6.5 billion settlement for lawsuits related to cancer cases linked to its baby powder and other talc products.
LL Flooring to close 94 stores as it files for bankruptcy
LL Flooring filed for Chapter 11 bankruptcy in Delaware on Sunday as the company aims to reduce its physical footprint and close certain stores while pursuing a going-concern sale.
Gym chain Blink Fitness files for bankruptcy
Blink Fitness sought bankruptcy protection to help "execute an efficient and value-maximizing sale process to optimize its footprint and position the business for long-term success."
7 steps to better mentoring for life and career: Many 'positive benefits'
Investment firm CEO and author based in Atlanta, Georgia, shares seven thoughtful tips for developing strong mentors in life and career — and why this can be positive for anyone in any job.
Consumers are having a 'natural reaction' to the slowing economy: Dana Peterson
The Conference Board chief economist Dana Peterson analyzes the job market and consumer confidence on 'Making Money.'
Paramount Global to lay off 15% of its US workforce
Paramount Global will cut approximately 15% of its U.S.-based workforce in upcoming layoffs, co-CEO Chris McCarthy disclosed in an earnings call on Thursday.
America's fiscal situation is 'really dire': Maya MacGuineas
Committee for a Responsible Federal Budget President Maya MacGuineas weighs the best fiscal policy to mitigate U.S. debt and economic volatility, and compares Trump's and Harris' platforms, respectively.
Jobless claims rise less than expected to 233,000
The Labor Department on Thursday released new data about unemployment claims amid heightened concerns that the U.S. economy is headed for a recession.
Middle America has been in recession 'a long time' and Wall Street 'ignored' it: Stephanie Pomboy
Macromavens President Stephanie Pomboy breaks down whether Americans are technically experiencing a recession, key economic data and the labor market.
After a pay boom, raises are shrinking
With hiring now slowing sharply, employers are controlling payroll costs by cutting or freezing bonuses, doling out fewer and smaller merit increases.
Axios eliminating roughly 50 positions because of 'tectonic shifts in the media' industry
Axios informed staffers on Tuesday that 50 people across the company would be laid off because of "tectonic shifts" in the American media industry.
Charles Payne: Biden-Harris ignored the cautionary tale of SunPower
'Making Money' host Charles Payne explains what economic forces drove SunPower Corporation to file for bankruptcy.
Italian restaurant chain files for Chapter 11 bankruptcy
Buca di Beppo filed for Chapter 11 bankruptcy in a Texas court on Monday, the family-style Italian restaurant chain announced. It has plans for a restructuring.
Recession fears, market sell-off raise odds of a bigger Fed rate cut
A growing number of investors are betting that the Federal Reserve will make a super-sized interest rate cut when policymakers next meet in mid-September.



















