Economy
Consumers could be in a 'world of hurt' if Biden doesn't act soon, former Walmart CEO warns
Former Walmart CEO and President Bill Simon discusses the mass amount of layoffs that are occurring across various corporate industries in the U.S.
Prosecutors seek to cut off Sam Bankman-Fried’s access to FTX employees amid trial
Prosecutors are seeking to block former FTX CEO Sam Bankman-Fried from contacting any of his company's current or former employees without a lawyer present.
Electric vehicles more expensive to fuel than gas-powered cars at end of 2022: consulting firm
It was cheaper to fuel a gas-powered car for 100 miles than it was to charge a comparable electric vehicle in late 2022, according to Anderson Economic Group.
When should you leave a tip? Americans sound off on 'cultural pressure'
A Wall Street trader and nurse’s assistant discuss the new social pressure around tipping for quick services, while one waitress gives her tipping do’s and don’ts.
Whale meat vending machines open in Japan to promote sales after years of controversy
Japanese whaling operator Kyodo Senpaku Co. has launched a handful of whale meat vending machines in hopes of increasing sales across the country after years of controversy.
Americans struggling to make car payments is highest since Great Recession
Car repossessions are on the rise as more consumers fall behind on their payments amid an inflation crisis that has squeezed millions of U.S. households.
McDonald's president blasts California proposal to hike minimum wage: ‘Bad politics over good policy’
McDonald's USA President Joe Erlinger called out California's proposed minimum wage hike.
Pending home sales increase for first time in 7 months in December
The housing market is beginning to recover from a recent low as mortgage rates fall from a record high, evidenced by an increase in pending home sales.
Americans taking 'egg-stream' measures to crack inflation
Rent the Chicken owner Phil Tompkins claims business is booming for their at-home chicken coops as American consumers try to "crack" sky-high egg-inflation costs.
Key Fed inflation gauge shows price hikes cooled in December
FOX Business' Cheryl Casone reports core PCE inflation in December rose 4.4% from a year ago, its smallest annual increase since October 2021.