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Trump calls on ‘Too Late’ Powell to lower interest rates after dismal ADP jobs report

Business

Trump calls on ‘Too Late’ Powell to lower interest rates after dismal ADP jobs report

President Donald Trump on Wednesday called on Federal Reserve Chairman Jerome Powell to lower interest rates after ADP reported weak jobs data."ADP NUMBER OUT!!! ‘Too Late’ Powell must now LOWER THE RATE. He is unbelievable!!! Europe has lowered NINE TIMES!" Trump wrote in a post on Truth Social.Companies in the private sector added just 37,000 jobs in May, payroll processing firm ADP said Wednesday.PRIVATE SECTOR ADDED JUST 37,000 JOBS IN […]

todayJune 4, 2025

Elon Musk slams GOP tax bill over deficit impact: ‘Disgusting abomination’

Business

Elon Musk slams GOP tax bill over deficit impact: ‘Disgusting abomination’

Billionaire entrepreneur Elon Musk on Tuesday weighed in on the "big, beautiful bill" the Trump administration and congressional Republicans are working to advance, criticizing it as a "disgusting abomination" due to its projected effect on budget deficits.Musk, who helped launch the Department of Government Efficiency (DOGE) until his time as a special government employee expired last week and a close ally of the Trump administration, slammed the bill in a post […]

todayJune 3, 2025

Safety tech company launches tool to help law enforcement solve cases faster

Business

Safety tech company launches tool to help law enforcement solve cases faster

Flock Safety has released another piece of revolutionary technology aimed at keeping everyday civilians safe from crime. The company’s new product, Flock Nova, helps law enforcement with a common but often overlooked problem – a lack of data sharing and access."I operated under the assumption that if I got pulled over or arrested in one city, that city would have access to all the other arrests that have occurred across […]

todayJune 3, 2025

FDA issues highest-level recall for tomatoes linked to salmonella contamination

Business

FDA issues highest-level recall for tomatoes linked to salmonella contamination

The Food and Drug Administration (FDA) recently issued a Class 1 recall of tomatoes potentially contaminated with salmonella, the agency’s highest classification level.Williams Farms Repack LLC’s recall of tomatoes in "4x5 2 layer, 60ct 2layer, 3ct trays in the Williams Farms Repack label" and "5x6 25lb, 6x6 25lb H&C Farms Label" received a Class 1 designation from the FDA last week. Class 1 signals a "situation in which there is a […]

todayJune 3, 2025

Citi updating policies to prevent debanking over firearms, political views

Business

Citi updating policies to prevent debanking over firearms, political views

Citi announced Tuesday that it will update its policies to ensure clients can access the firm's financial services despite their political views or involvement in the firearms industry.The bank's decision comes following actions by the Trump administration to counter alleged "debanking" of conservatives, crypto firms and other businesses such as firearms dealers who have lost access to financial services because of their views or their connection to disfavored industries. "Citi has always been […]

todayJune 3, 2025

McDonald’s confirms permanent return of snack wraps as menu favorite returns

Business

McDonald’s confirms permanent return of snack wraps as menu favorite returns

McDonald’s has revealed the date that fan favorite, the snack wraps, will make their return to the menu.The snack wrap, which was discontinued nationwide about nine years ago, will reappear on the fast-food giant’s menus starting July 10.When it returns next month, McDonald’s said it will make the snack wrap with one of its McCrispy Strips. It will also have shredded lettuce and cheese within the tortilla.The fast-food giant first […]

todayJune 3, 2025

Disney announces closure date for iconic Frontierland attractions

Business

Disney announces closure date for iconic Frontierland attractions

Fans of present-day Frontierland at Walt Disney World's Magic Kingdom have 33 days left to enjoy it.On Tuesday, Disney announced that the Rivers of America, Tom Sawyer Island and the Liberty Square Riverboat will close on July 7 as Disney Imagineers prepare to transform the attractions' area into "Piston Peak National Park."The attraction's theme is set in the Disney and Pixar "Cars" universe. "Imagine an awe-inspiring wilderness filled with towering trees, […]

todayJune 3, 2025

Popular fried chicken chain acquired by private equity firm in $1B deal

Business

Popular fried chicken chain acquired by private equity firm in $1B deal

Roark Capital, the private equity firm that's been buying up established franchises, acquired Dave's Hot Chicken in a $1 billion deal that will fuel the chicken chain's restaurant expansion. Dave's Hot Chicken said the investment from Roark will aid the company as it enters its next phase of growth around the globe as it plans to open more than 155 locations this year.The company currently has over 300 locations, but it […]

todayJune 3, 2025

Federal judge cancels Boeing trial over 737 crashes after agreement with DOJ

Business

Federal judge cancels Boeing trial over 737 crashes after agreement with DOJ

A federal judge has vacated the trial date related to Boeing and the crashes of its 737 MAX airplanes that left nearly 350 people dead.U.S. District Judge Reed O'Connor granted the request of the airline and the Department of Justice (DOJ) on Monday, according to court documents obtained by FOX Business. The DOJ had filed a motion to dismiss the criminal fraud charge as part of a non-prosecution agreement.The trial […]

todayJune 3, 2025