Business
Walmart, on Tuesday, raised its outlook for the year after benefiting from increased spending on nonessential items and an uptick in pick-up and delivery orders. The company – the largest U.S. retailer and a key indicator of U.S. consumer sentiment – forecast net sales to grow between 4.8% and 5.1%,…
During his “My Take,” Tuesday, “Varney & Co.” host Stuart Varney reacted to President Biden authorizing Ukraine’s military to use American-made missiles inside Russian territory, a move that pushed Vladimir Putin to respond and “rattle his nukes.” STUART VARNEY: Presidential decisions have consequences. Even after losing, Joe Biden will stay…
President-elect Donald Trump is expected to nominate Cantor Fitzgerald CEO Howard Lutnick to serve as commerce secretary, a source familiar with the process confirmed to Fox News Digital. Lutnick, 63, has served as the co-chair of Trump’s transition team and was a key fundraiser for Trump’s 2020 and 2024 campaigns.…
Certain Clif Bar customers now have until next year to file a claim to receive a cash payment as part of a $12 million settlement with the protein bar company. The United States District Court for the Northern District of California extended the claim deadline for customers who purchased Clif…
President-elect Donald Trump is reportedly expected to join Elon Musk in Texas on Tuesday to watch a SpaceX launch. Reuters reported about the potential visit on Monday, noting that the Federal Aviation Administration issued “Temporary flight restrictions for VIP Movement” over Brownsville, Texas. Over that same timeframe, flight restrictions are to…
Boeing is set to lay off 2,199 workers in the state of Washington just days before Christmas, and workers in other states will be impacted, as well. The aviation company notified the state of Washington of the cuts, set to happen on Dec. 20, according to FOX 13 Seattle. Another…
It may be time to scoop up commodities, as higher inflation potentially looms under a Trump administration and the out-of-favor asset class underperforms stocks for a second year. The Bloomberg Commodity Index, a leading gauge, is down 2% this year against the 25% gain in the S&P 500 index. That…
President-elect Trump has tapped two energy czars to oversee the expansion of American energy in his second term, and the industry has already handed the incoming administration and Congress a wish list of what they would like to see as the top priorities of leadership’s agenda. On Friday, the incoming…
How long will it take to unwind the Biden-Harris Middle East policy? About five minutes, according to Mike Huckabee. The former Arkansas governor-turned-U.S. ambassador to Israel nominee suggested that President-elect Donald Trump’s return to the Oval Office would signal a dramatic change, bringing unwavering loyalty to Israel while “taking the…
The majority of U.S. residents earning less than $50,000 a year are struggling to afford their regular mortgage or rent payments, with some resorting to skipping meals just to make ends meet, according to a Redfin survey. The survey, commissioned by the real estate firm, found that 74% of respondents…