Retailers sound alarm over shipping delays, price spikes
According to the NRF CEO, "disruption and uncertainty" loom over the retail industry as it readies for potential shipping delays and price spikes due to the Red Sea Houthi attacks.
These 5 cities have the largest inflation problem: survey
These cities topped the list of those with the largest inflation problem, according to a recent WalletHub survey.
Costco customer uses price tag misprint to send a political message, goes viral
A Canadian woman posted a video to TikTok of two packages of chicken drumsticks listed at more than $200. The video has gone viral, with shoppers chiming in
Bay Area police warn Trader Joe's shoppers of new crime trend
Police in California are warning shoppers of purse and wallet thefts at grocery stores as Bay Area businesses deal with a recent rise in crime.
CDC concerned with spike in illnesses linked to some tianeptine products
The Centers for Disease Control and Prevention warned an "uncharacteristic spike" of illnesses in New Jersey has tied to products that contain the drug tianeptine.
Mother whose son died from drugs bought on social media wants stronger protections for kids
Lisa Neville calls for social media companies to do more to protect kids online after losing her son to fentanyl poisoning due to pills bought from dealer on Snapchat.
TikToker stares death in the face following the 'unwritten rules' of abandoned places
To avoid physical harm or even death, TikTok's Ramy Awad never explores alone, doesn't steal or vandalize, and keeps the locations of abandoned places a secret from the public.
Bank that purchased failed community bank close to credit downgrade
New York Community Bank's stock continued to slide Thursday after a downgrade threat from Moody's in the wake of a surprise earnings miss and as NYCB moves to bolster its balance sheet.
Fed holds steady on interest rates, but outlook on when cuts will come remains cloudy
The Federal Reserve held the federal funds rate at a 22-year high of 5.25% to 5.5% at its January meeting on Wednesday.
Biogen drops controversial Alzheimer's drug, focuses on other treatments
Biogen will discontinue development of its controversial drug Aduhelm so it can shift efforts to other drugs, including Leqembi, which it developed with Eisai.
Weight loss medication shortage creates market for bogus drugs
World health officials are warnings that the shortage of diabetes and weight loss-related drugs, which are in high demand, are creating a rise in counterfeit versions.
Novo Nordisk increasing supply of Wegovy as demand continues to grow
Novo Nordisk says it Is gradually ramping up supply of its sought-after drug Wegovy. However, the company is still warning patients demand will still outpace supply overall.
IMF predicts a 'soft landing' for the global economy, but warns risks remain
The International Monetary Fund said Tuesday that the global economy is likely to stick a "soft landing" in 2024, but warned of potential turbulence ahead.
Business groups from US, Europe and Japan push back on Biden LNG permit pause
The Biden administration's pause on new liquefied natural gas (LNG) export permits prompted pushback from leading business groups in the U.S., Europe and Japan.
Elizabeth Warren calls for Fed chair Powell to lower 'astronomical' interest rates
Sen. Elizabeth Warren and three other Democratic senators wrote to Fed Chair Jerome Powell to call for the Fed to cut interest rates this year to ease housing prices.
Dozen state GOP agriculture commissioners launch probe of US banks over ESG investing: 'It must be stopped'
FIRST ON FOX: A dozen state departments of agriculture are pressuring six of the nation's top banks to reveal information about their net-zero ambitions.
Freight through Suez Canal sinks 45% amid Houthi attacks
Freight levels through the Suez Canal have plummeted by 45% since Iran-backed Houthi militants began attacking vessels in the Red Sea, risking higher inflation and food insecurity.
China pressures Iran to rein in Houthi attacks in Red Sea or risk harming business relations: report
China is warning Iran to get attacks by the Iranian-back Houthis on ships in the Red Sea under control or else it could harm their trade partnership.
The Fed's Powell will have to play politics to keep his job
The Federal Reserve has always been a political entity. And Fed Chairman Jerome Powell knows if he wants to keep his job he will have to play politics this election year.
US, UK impose new Houthi sanctions as Red Sea attacks continue
The U.S. and the U.K. announced sanctions targeting four senior Houthi officials amid ongoing attacks by the rebel group in the Red Sea.