Business

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 […]

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 […]

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, […]

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 […]

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 […]

The outlook for economic growth in the U.S. was slashed due to higher tariffs in a new report released by the Organisation for Economic Co-operation and Development (OECD) on Tuesday.The OECD's forecast cut U.S. economic growth to 1.6% in 2025 and 1.5% in 2026, well below the 2.8% growth in gross domestic product (GDP) that was recorded last year. The group attributed the slower growth forecast to the "substantial increase in the […]

Lumber is in the spotlight as the National Association of Home Builders (NAHB) and the U.S. Lumber Coalition disagree over what’s behind the U.S. housing market slump.FOX Business correspondent Kelly Saberi reported Monday that the NAHB has pointed to tariff uncertainty and lumber prices as being partly responsible.The U.S.’s current anti-dumping and anti-subsidy duty on imported Canadian softwood lumber stands at 14.5%. It could potentially climb later in the year to […]

Marriott International CEO Anthony Capuano shared some insight on budget travelers during a Monday appearance on "The Claman Countdown." He told host Liz Claman that Marriott International’s lower-income consumers "continue to prioritize travel, but they want to do it at a more thrifty price point," citing spending data the company has through its credit card relationships. That has driven Marriott International to "push so strongly over the last two years into the […]

A federal judge in Washington state is temporarily blocking the Trump administration from terminating collective bargaining rights for TSA employees.Judge Marsha Pechman issued the preliminary injunction on Monday after the American Federation of Government Employees (AFGE) challenged an order from the Department of Homeland Security (DHS).The unions are accusing the Trump administration of engaging in "an unlawful and unilateral termination of a negotiated union contract that protects approximately 47,000 Transportation […]