Business

This story will be updated with further details from the Fed’s October 2026 interest rate decision. The Federal Reserve on Wednesday held its benchmark interest rate steady amid elevated inflation as policymakers opted to wait for additional economic data after hiking rates in September.Fed policymakers voted 10-2 to leave the federal…

Nelson Peltz’s Trian Fund Management on Wednesday made an offer to buy Wendy’s for roughly $1.4 billion in a move that would make the fast-food chain a privately held company. Trian has been a long-term shareholder in Wendy’s, and Peltz’s hedge fund is leading a group that offered to buy…

Households around the country are facing financial stress amid persistent inflation, and retirees facing rising expenses need to ensure their income streams can cover costs. Americans derive their retirement income from a variety of sources, which can include personal retirement savings, such as through a 401(k) plan or IRA, as…

President Donald Trump said Tuesday that his administration is ending a Biden-era rule aimed at reducing methane emissions from oil and gas drilling. The president announced the move during a campaign rally in Lubbock, Texas, in support of Republican U.S. Senate candidate Ken Paxton, saying it would save consumers and…

Walmart shoppers in several states may want to check their pantries after more than 44,000 cans of Great Value fruit cocktail were recalled over potential lead contamination. Pacific Coast Producers is recalling 1,836 cases of Great Value Fruit Cocktail in Fruit Juice from Concentrate sold in 15-ounce cans, according to…

The Federal Trade Commission (FTC) and 20 states filed a lawsuit on Monday against Dollar General over alleged deceptive pricing practices. The FTC and states claimed that Dollar General, over a period of years, had repeatedly mislabeled prices, overcharged consumers and failed to correct the issue despite corporate knowledge of…

Social Security Administration Commissioner Frank Bisignano said “eliminating fraud, waste and abuse” is the “first solution” to protecting the retirement program as concerns persist over its long-term finances. During an appearance on “Big Money in the Morning,” Bisignano discussed efforts to improve agency records, modernize operations and safeguard the program.”The…