Category: Business
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Many Americans believe inflation, the economy won’t improve in 2023: poll — Here's how to manage your finances
Nearly half of Americans believe the inflation rate will be higher in 2023, according to a poll. (iStock) While inflation remains high and interest rates are rising, many Americans fear the economy and their finances won’t improve in 2023, according to a recent poll. Nearly half, or 43%, of Americans said they expect a higher…
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FC Barcelona to wear Drake's logo on jerseys in El Clásico
Check out what’s clicking on FoxBusiness.com FC Barcelona announced Friday that it would wear the logo of Canadian artist Drake on its jerseys in the upcoming league match against fellow Spanish giants Real Madrid. The limited-edition shirt will celebrate Drake being the first artist to have his tracks streamed 50 billion times on Spotify, Barcelona’s…
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Your tax bill could be much lower this year – here's why
<!–> Stock Trader’s Almanac editor-in-chief Jeffrey Hirsch explains why February is historically a bad month for equities and identifies some big investing opportunities on ‘Making Money.’ High inflation has ravaged millions of American families as the prices for everything from food to rent to health insurance surged over the past three years. But there is…
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High mortgage rates limit relocation options, Redfin says – Here's where homebuyers are still moving to
Buyers who are still in the market for a home are prioritizing living in relatively affordable cities, a recent Redfin report said. (iStock) The search for affordable housing remains a top motivator for homebuyers who are looking to relocate to a new city, according to Redfin’s third quarter migration report. In the third quarter of 2022,…
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Jeff Bezos' girlfriend Lauren Sánchez says Southwest rejected her as a flight attendant because of her weight
Fox Business contributor Charlie Hurt reacts to the billionaires taking on the president over inflation on ‘Fox Business Tonight.’ Jeff Bezos’ girlfriend Lauren Sánchez revealed that she was once rejected for a job as a flight attendant because of her weight. The 53-year-old journalist and helicopter pilot recalled that she aspired to become a flight…
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As Tom Brady, Gisele Bündchen divorce rumors continue, legal expert weighs financial scenarios
Dailymail.com senior reporter Caitlyn Becker discusses the latest on Tom Brady and Gisele Bundchen seeking divorce lawyers on ‘Fox Business Tonight.’ The rumor mill continues to churn following reports that Tom Brady and Gisele Bündchen could be headed for divorce, leading observers to speculate over what might happen if the power couple does decide to…
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The Fed doubles down on message to markets — aggressive rate hikes aren't going away
New York CNN Business — The US Federal Reserve is delivering a hawkish message to markets: We hear you, we see you, but you can’t stop us — aggressive rate hikes aren’t going away. Wall Street seems to be listening. Markets now see an 86% chance of a three-quarter point hike at the September Fed…
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Lauren Sánchez talks blending families with Jeff Bezos in first solo interview: 'We are the Brady Bunch'
Leslie Marshall, Chris Bedofre and Beverly Hallberg join ‘Kennedy’ to discuss the impact of the historic space launch Lauren Sánchez called her blended family with Jeff Bezos the “Brady Bunch” in her first solo interview since the couple went public with their relationship. Between them, they have seven children, one more than the TV Bradys….
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Survey points to significant layoffs in 2023 – Here's how to safeguard your finances from a job loss
Americans are facing the threat of layoffs and many only have $500 in rainy day savings, according to two surveys. (iStock) Sixty-one percent of U.S. companies said they plan to lay off employees in 2023 and are likely to pause hiring this year, according to a recent survey. Additionally, of the business leaders that said…
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Yellen warns of 'unsustainable' debt loads — but she wasn't talking about the US
Senate Budget Committee member Sen. Ron Johnson, R- Wis., joins ‘The Evening Edit’ to discuss the military shooting down an object flying over Alaska and President Biden’s family business dealings. As Congress faces an early June deadline to raise the debt limit, Treasury Secretary Janet Yellen warned that high levels of debt are not sustainable,…
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US not taking China threat seriously enough, expert warns: 'We've been very naïve'
Committee for Freedom in Hong Kong President Mark Clifford discusses the conviction of pro-democracy activist Jimmy Lai for fraud by a Hong Kong court and Xi Jinping’s grasp on the Chinese Communist Party on ‘Mornings with Maria.’ Asia expert Mark Clifford sounded the alarm Wednesday on Chinese leader Xi Jinping’s growing aggression and the U.S.’s…
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Twitter freezes employee equity award accounts — report
Twitter will have better freedom of speech protections if Tesla CEO Elon Musk successfully purchases the social media giant, Americans in Oklahoma say. Twitter has reportedly frozen its employees’ equity award accounts as the clock ticks down for Tesla CEO Elon Musk to close his $44 billion acquisition of the social media company. According to…
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Winter is coming: Families have to brace for a large heating bill — again
Check out what’s clicking on FoxBusiness.com Droves of families faced higher than average electric bills last winter due to a surge in the supply cost of the energy commodity. Unfortunately, according to some experts, this year won’t be much different. Families already dealing with increased costs due to inflation are expected to pay even more…
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LARRY KUDLOW: In these Washington scandals, it's always the cover-up that kills you
FOX Business host Larry Kudlow calls out President Biden’s classified documents scandal on ‘Kudlow.’ As we’ve reported so many times in the past two years, President Joe Biden seems incapable of telling the truth on the catastrophic Afghanistan pullout, on inflation, on the open borders-immigration disaster, on spending and borrowing, on the Trump tax cuts,…
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Estée Lauder is buying Tom Ford in a deal worth $2.8 billion
Hong Kong CNN Business — Two of the world’s top luxury icons are deepening their relationship. In a landmark deal announced Tuesday, Estée Lauder Companies (EL) said it was acquiring its longtime partner Tom Ford. The agreement values the American fashion and beauty label at $2.8 billion and will be paid through a combination of…
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The Pokémon Company says 'our hearts are with the people of Turkey and Syria,' donates to earthquake victims
A fire that has broken out at a port in southern Turkey following an earthquake there Monday. (Credit: @AFKaratay/LOCAL NEWS X/TMX) The Pokémon Company says it has donated $200,000 to help victims of the devastating earthquake that walloped parts of Turkey and Syria earlier this month, killing thousands of people. “Our hearts are with the people…
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Larry Kudlow: Did someone say economic security — or did someone say stupid?
Fox Business host Larry Kudlow rips President Biden’s economic and energy agenda as Americans continue to face inflation on ‘Kudlow.’ Yesterday, President Joe Biden gave a speech talking about his success in providing “economic security” for Americans. Let’s have a look at this. For one, Mr. Biden’s bragging about job creation including today’s 263,000 increase…
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Slack notifications can be easy to miss or overwhelming—what to do about it
Slack co-founder and CEO Stewart Butterfield unpacks the workplace communication platform’s success and future projects designed to enhance the user experience in a post-pandemic work landscape. If you’re an office worker, you’re probably no stranger to the following Slack message: “Sorry, I didn’t see this until now.” The group-chat app owned by Salesforce Inc. has…
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Food prices are still soaring — here's what's getting more expensive
New York CNN Business — Inflation may be slowing, but food prices are still through the roof. Food costs spiked 11.4% over the past year, the largest annual increase since May 1979, according to data released Tuesday by the Bureau of Labor Statistics. Americans browsing the supermarket aisle will notice most food items are far…
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The bleisure traveler—coming to the rescue of airlines everywhere
Inteletravel co-founder and president James Ferrara discusses how work-from-home is impacting travel sales during the holiday season on ‘The Claman Countdown.’ A new group is rivaling corporate road warriors as airlines’ favorite customers. They travel on strange days, buy extra perks on top of already expensive tickets and are changing the economics of the business….