Fed eyes up to 3 interest rate hikes in 2022 to address high inflation
Fed officials also plan to accelerate the central bank's tapering of bond purchases as they adjust their economic outlook on high inflation.
Biden's Build Back Better plan is 'dead': Rep. Mace
Rep. Nancy Mace, R-S.C., reacts to Biden saying his spending agenda needs more time before it passes.
State Farm accused of discrimination by former employee
A former State Farm manager—a Black woman who worked at the insurance giant for nearly 30 years—filed a lawsuit alleging that she faced discrimination and retaliation during her time at the company.
Garland praises court for rejecting Purdue Pharma’s bankruptcy settlement
U.S. Attorney General Merrick Garland praised a federal court’s decision to invalidate Purdue Pharma’s bankruptcy settlement of thousands of lawsuits over the opioid epidemic over a provision that would protect members of the Sackler family from facing litigation of their own
California utility faces $550M in penalties for 5 wildfires
California's regulators approved a settlement Thursday placing more than half a billion dollars in fines and penalties on the utility Southern California Edison for its role in five wildfires in 2017 and 2018.
Fox Business Poll: Higher crime rates across the US a large concern for voters
A Fox Business survey finds an overwhelming majority are concerned about crime nationally.
Consumer Financial Protection Bureau probes 'buy now, pay later' credit
The CFPB has launched an investigation into companies that offer "buy now, pay later" credit
Jack Dorsey's Block Inc. hit with lawsuit for name change
The tax preparer argues the fintech startup's name change will "improperly capitalize on the goodwill and consumer trust" that has been cultivated since 1955.
California crime ring investigation uncovers 15,000 stolen items worth $200,000
During the recent wave of smash-and-grab robberies, California Highway Patrol’s Organized Retail Crime Task Force investigators and the San Francisco Police Department’s Retail Theft Unit discovered a large retail theft operation involving approximately 15,000 stolen items.
Warren, Schumer 'strongly urge' Biden to extend student loan forbearance and cancel debt
Progressive lawmakers are calling for the Education Department to extend the forbearance period as federal student loan borrowers are set to resume payments in February.
TSA confiscates record number of guns at airports nationwide in 2021
The agency said in certain cases, authorities will arrest the passenger for being in possession of a firearm at a security checkpoint.
National Retail Federation president: No question inflation has been persistent across every category of goods
National Retail Federation President and CEO Matthew Shay discusses the November retail sales report, inflation and consumer spending habits.
Ousted McDonald's CEO returns $105M in misconduct settlement
Former McDonald’s CEO Steve Easterbrook has returned more than $105 million in equity awards and cash to the fast-food chain as part of a misconduct settlement.
Democrats' 'out of control' spending fuels inflation: Sen. Johnson
Sen. Ron Johnson, R-Wis., discusses the two main ways Biden's Build Back Better plan contributes to inflation.
Congress votes to raise debt ceiling by $2.5 trillion, narrowly avoiding first-ever default
The House on Wednesday voted in favor of a debt ceiling increase, keeping the federal government out of default until 2023.
Instacart driver enraged by pro-police flag allegedly runs over elderly couple's groceries
The Blaine Police Department wrote on its Facebook page that an elderly couple reported that their groceries had been run over and that they were left with a derogatory note written on the receipt.
California Retailers Association fighting for additional retail crime task forces: 'It's not letting up'
The California Retailers Association asked the governor's office for funding for two additional task forces, pushing the total number in the state to five.
US grand jury accuses Amplify Energy of negligence in oil spill
A federal grand jury has accused Amplify Energy Corp and two of its subsidiaries of illegally and negligently discharging oil during a pipeline break in California in October and failing to respond to alarms.
Jennifer Hudson, more stars team with jewelers Kendra Scott to donate $100K to charity
"Respect" star Jennifer Hudson is among the celebrities to team with jewelry retailer Kendra Scott to donate about $100,000 to charities this Christmas season
Joe Manchin and Democratic Party at standstill over spending bill
‘Special Report’ anchor Bret Baier analyzes the power Manchin has over the future of President Biden’s economic agenda on ‘Kennedy.’



















