Business
Former Clinton Labor Secretary Robert Reich called on Democrats to target billionaire Elon Musk if they regain control of Congress in the midterm elections, urging lawmakers to investigate the SpaceX founder and lay the groundwork for nationalizing his companies. During an Oct. 24 episode of his podcast, “The Coffee Klatch…
American households will have the opportunity to review their healthcare coverage in November amid the upcoming open enrollment window for those who buy their health insurance through state-based marketplaces or the federal exchange on Healthcare.gov. The open enrollment period begins on Sunday, Nov. 1, and those looking to sign up…
The massive $6.3 billion cryptocurrency hack at Binance is a warning of potentially devastating cyberattacks ahead, according to a financial and reputation management expert who cautioned that the worst may be yet to come. Eric Schiffer, chairman of Patriarch and Reputation Management Consultants, told FOX Business that the scale of…
A federal judge ruled Friday that McDonald’s must face a proposed class action lawsuit accusing the fast-food giant of misleading customers about the meat used in its popular McRib sandwich. U.S. District Judge April Perry in Chicago rejected the company’s bid to dismiss the lawsuit in its entirety, allowing consumer…
A Canadian real estate CEO and his family were attacked by three masked intruders at their multi-million-dollar home in Toronto this week, leaving two of them with “life-altering injuries,” according to police and reports. David Morton, the CEO of the MAC Group, and his two daughters were shot in the…
American households are feeling the squeeze of inflation that has remained stubbornly above the Federal Reserve’s 2% target since the pandemic, and grocery prices have been a particular pain point in recent years. The most recent consumer price index (CPI) data from the Bureau of Labor Statistics showed that overall…
Nearly 6 million coffee makers are being recalled because their glass could break during use, increasing the risk of burn injuries, according to a notice from the Consumer Product Safety Commission. The recall affects 5.9 million Bodum French press coffee makers with 8-cup and 12-cup replaceable glass carafes. The carafe…
U.S. oil giants raked in billions of dollars in profits in the third quarter as oil prices surged amid supply constraints caused by conflicts around the world, contributing to higher prices at the pump for consumers. ExxonMobil, the largest U.S. oil producer by market capitalization, reported having more revenue from…
Family caregivers are shelling out more than $11,000 a year on average to care for loved ones, consuming nearly a third of their household income, according to a new study. The study, released Wednesday by AARP, found that caregivers spend an average of $11,508 annually out of pocket while caring…
Americans who are looking to buy a home are facing a difficult market in terms of affordability due to high mortgage rates that are expected to persist into next year. Interest rates on a 30-year fixed mortgage have risen more than a full percentage point since the start of the…