National Economic Council Director Kevin Hassett said that it is time for former Federal Reserve Chair Jerome Powell to leave the Federal Reserve Board on “Sunday Morning Futures,” arguing that doing so would help preserve the central bank’s independence. Hassett claimed it is unprecedented for a former Fed chair to…

Chick-fil-A is bucking a growing fast-food industry trend, with CEO Andrew Cathy saying the chicken chain does not plan to use artificial intelligence to take customers’ drive-thru orders. While Chick-fil-A is exploring potential uses for AI behind the scenes, Cathy told CNBC that the company wants to preserve human interaction…

President Donald Trump’s escalating trade war with Canada is raising fresh concerns in battleground states ahead of the November midterms. The U.S. and Canada have imposed tariffs on billions of dollars’ worth of goods, while Washington has also banned nearly $1 billion in Canadian imports, including alcohol, dairy products and…

Tropical Smoothie Cafe CEO Max Wetzel told FOX Business that one leadership habit has been critical as the fast-casual chain has grown to nearly 1,800 locations. “We spend a lot of time listening and learning before we lead and decide,” Wetzel said. “And I say ‘we’ because certainly it’s myself,…

More than 500,000 Walgreens-branded eye-drop products are being recalled over sterility concerns as part of a broader recall involving nearly 750,000 eye-care products. Sterling Pharmaceutical Services LLC, based in Dupo, Illinois, initiated the recall on Aug. 20 because of a “lack of assurance of sterility,” according to a U.S. Food…

Chip City, the New York-born cookie chain that expanded rapidly in recent years with backing from a prominent hospitality investment firm, has closed all of its locations nationwide. “Despite extensive efforts to stabilize our business in the face of significant macroeconomic headwinds, we have made the very difficult decision to…

A top official at the Treasury Department told FOX Business she believes the “Iranians know that the U.S. is winning” as the Operation Economic Outcast sanctions campaign is ramping up pressure against Tehran.  Under Secretary for International Affairs Erin Browne made the remark this week as Iran’s official currency plunged to record…

A Chilean fruit supplier has expanded a recall of its frozen organic berries, which were sold in Walmarts and Trader Joe’s stores across the United States. The products, made by Frutas y Hortalizas del Sur S.A., were linked to an E. coli outbreak that infected 17 people and hospitalized six…

The yield on the 10-year Treasury hit the highest level since 2002 during Thursday’s trading session, as higher borrowing costs impact the economy at large and impact households. Yields on longer-dated Treasurys have risen this year amid the geopolitical uncertainty caused by the Iran war, as well as growing federal…

Kodiak’s unsupervised driverless long-haul delivery trucks will soon hit Texas roads as its partnership with Swedish furniture giant IKEA enters a new phase. Kodiak founder and CEO Don Burnette joined “Varney & Co.” Tuesday to shed light on the rollout and the technology behind the autonomous trucks.”We’re starting with one.…