Business
Native-born American men have been fleeing the workforce in droves in a decades-long trend that coincides with a rise in immigration, according to a new analysis sounding the alarm on the issue. The Center for Immigration Studies (CIS) released a study this week showing the share of working-age (16 to…
Amazon workers at a warehouse on Staten Island in New York will join thousands of disgruntled workers as the strike against the retail giant entered its second day Friday. The Teamsters said in a release “momentum continues to mount” as workers seek “fair treatment” from the online retailer.”The Amazon Teamsters…
Starbucks is responding as some of its union workers took to picket lines Friday after Starbucks Workers United (SBWU) baristas voted to authorize a strike earlier this week. According to the coffee chain, the union is seeking pay hikes that are “not sustainable.” Ticker Security Last Change Change % SBUX…
Party City is permanently shutting down. CEO Barry Litwin said it was “necessary to commence a wind down process immediately” for the party supplies retailer, CNN reported Friday, citing comments from a Party City conference call with its corporate workers. While speaking Friday with Party City staff, Litwin reportedly said Party City’s…
LARRY KUDLOW: Congressional spending drama is a lesson for the GOP to ‘simplify, simplify, simplify’
A lesson for the GOP: Simplify, simplify, simplify — and that’s the subject of the riff. The most important thing I’ve seen from all this year-end congressional spending drama and the difficulty in getting agreement — is what this tells us about the difficulty of more than one reconciliation bill…
-Stocks wrap up a volatile week ahead of the Christmas holiday -The Federal Reserve delivers ho-hum holiday rate cut -President-elect lands big whale of an investment for the U.S. -Crypto elite plow big bucks into Trump’s inauguration -UnitedHealthcare CEO killer Luigi Mangione extradited to New York City -Teamsters target Amazon with strike…
The group behind the meme coin named after viral “Hawk Tuah Girl” Hailey Welch has been hit with a lawsuit from investors after the $HAWK coin crashed within hours of its launch. The complaint filed in New York on Thursday accuses Tuah The Moon Foundation; overHere Ltd and founder Clinton…
Big crypto is joining big tech and the rest of corporate America by donating millions toward President-elect Trump’s inauguration celebrations, FOX Business has learned. Cryptocurrency exchange Kraken donated $1 million to the Trump-Vance inaugural committee, the organization funding the three-day extravaganza of galas, parades and rallies celebrating Trump and his VP-elect JD Vance’s big win in the…
Tesla has recalled more than 694,000 of its Model 3, Model Y and Cybertruck electric vehicles. The recalled vehicles “installed a software release that was not compliant with the tire pressure monitoring system malfunction telltale requirement” issued by the National Highway Traffic Safety Administration (NHTSA), according to the Tuesday recall…
President-elect Donald Trump and Jeff Bezos sat down together earlier this week for an evening meal. The dinner between the incoming president and Bezos, the executive chairman of Amazon and founder of Blue Origin, occurred on Wednesday night at Mar-a-Lago, according to the Trump transition team. Outlets like the New York Post…