Business
EXCLUSIVE — A United Nations watchdog organization is calling on the World Bank to terminate the employment of its Senior Country Economist in Tunisia, Massimiliano Cali. U.N. Watch Executive Director Hillel Neuer claims that Cali’s social media posts violated his neutrality obligations as a World Bank employee. “If this was just…
The U.S. national debt surpassed $37 trillion for the first time in the nation’s history on Friday as the federal government continues to accumulate debt at a record-setting pace. New data from the Treasury Department released showed that the gross national debt hit $37,004,817,625,842.56 on Tuesday afternoon.TREASURY’S BESSENT SAYS US…
Disney recently teamed up with the Navy Morale, Welfare and Recreation (MWR) organization to give America’s men and women in uniform a “fantastic” experience. Troops serving in Djibouti were given special screenings of “The Fantastic Four: First Steps,” which included pre-recorded greetings by executive producer Grant Curtis from Marvel Studios.…
Kodak announced in a Securities and Exchange Commission (SEC) filing on Monday that there was “substantial doubt” about the company’s ability to stay in business. The company plans to pay off some of its debt and preferred stock using money it expects to get back from its pension plan. The…
Spirit Airlines warned Tuesday that it may not make it through another year, citing concerns over its ability to raise enough cash, despite having successfully restructured its debt and emerging from bankruptcy just months ago. The beleaguered low-cost carrier said in a Securities and Exchange Commission (SEC) filing that it…
Dine Brands’ latest strategy goes beyond menu revamps, restaurant redesigns and social media campaigns, according to its CEO John Peyton. Instead, the company is focused on strategically combining its morning-focused brand, IHOP, with its evening-centric one, Applebee’s. The goal is to create a dual-branded model that allows it to capture…
E.J. Antoni, the economist tapped by President Donald Trump to lead the Bureau of Labor Statistics, suggested suspending the agency’s closely watched monthly jobs report, arguing that its underlying methodology, economic modeling and statistical assumptions are fundamentally flawed. In an interview with FOX Business ahead of Monday’s nomination announcement, Antoni…
Inflation increased in July and moved further away from the Federal Reserve’s target rate as central bank policymakers assess the health of the economy amid the president’s calls for interest rate cuts. The Bureau of Labor Statistics on Tuesday said that the consumer price index (CPI) – a broad measure…
Tech billionaire Elon Musk threatened to sue Apple for not featuring X – formerly Twitter – or its Grok artificial intelligence chatbot among its “Must-Have Apps” in the Apple Store. “Hey @Apple App Store, why do you refuse to put either 𝕏 or Grok in your ‘Must Have’ section when…
Throughout its existence, Fanatics, the global digital sports platform, has focused on creating, and enhancing, a unique, one-of-a-kind customer experience. That mission reached new heights on Tuesday, as Fanatics officially launched its new, enterprise-wide loyalty program: Fanatics ONE. It’s the company’s first cross-business loyalty program, which leverages the scale of its…