Business

A dog food company recalled 300 cases of frozen food this week over possible plastic contamination, according to the U.S. Food and Drug Administration.Wisconsin-based Fromm Family Foods voluntarily recalled the Bonnihill Farms BeefiBowls Beef Recipe of gently cooked frozen dog food after receiving complaints of plastic contamination.So far, there have been no reports of any illnesses or injuries.CRAYOLA KITS RECALLED NATIONWIDE OVER RISK OF 'SERIOUS INJURY OR DEATH’When consumed in large amounts, […]

The Department of Transportation (DOT) announced Friday it is temporarily pausing refund obligations when airlines change flight numbers, easing a rule that treats renumbered flights as cancellations warranting passenger refunds.Regulations put in place by the Biden administration in 2024 noted flights given a different number than the one assigned when a consumer purchased a ticket are considered new flights, with the original considered canceled and refund eligible.The DOT said, effective […]

Younger generations are making riskier investments and spending more recklessly as they give up on the American dream of owning a home, a new study suggests.The research from Northwestern University's Seung Hyeong Lee and the University of Chicago's Younggeun Yoo published in their study, "Giving Up": The Impact of Decreasing Housing Affordability on Consumption, Work Effort, and Investment," showed the sharp decline in housing affordability in recent decades. The duo developed […]

The chairman of the White House National Economic Council said that wealthy Americans are looking to help finance the seed money for the so-called "Trump accounts" for newborns.NEC Director Kevin Hassett said in a Friday appearance on FOX Business Network's "Mornings with Maria" that there has been a surge of interest among wealthy Americans interested in making donations to provide money to help fund the accounts above the government's contribution."Michael Dell […]

Florida Gov. Ron DeSantis detailed the next regulatory steps for the state’s effort to eliminate property taxes on primary residences in Florida."People are being pinched across the economy in a lot of things," DeSantis said on FOX Business’ "Varney & Co." Friday. "We're doing fine at the state [level], but the local property taxes are hurting people.""The reality is these local governments have overspent, and people are paying more and […]

The Federal Reserve's preferred inflation gauge showed that consumer prices remained elevated in September, ahead of the central bank's policy meeting next week.The Commerce Department on Friday reported that the personal consumption expenditures (PCE) index rose 0.3% in September from a month ago and is up 2.8% from last year. Those figures were in line with the estimate of LSEG economists. Core PCE, which excludes volatile measurements of food and energy prices, was […]

Netflix agreed to buy Warner Bros. Discovery in a $72 billion deal, the streaming service announced on Friday.  Under the deal, Netflix will acquire Warner Bros. Discovery's film and television studios and streaming platform, HBO Max. Franchises, shows and movies such as "The Big Bang Theory," "The Sopranos," "Game of Thrones," "The Wizard of Oz" and the DC Universe will join Netflix’s extensive portfolio. The cash-and-stock deal is valued at $27.75 […]

Canadian Prime Minister Mark Carney's office confirmed he will meet with President Donald Trump on Friday when both leaders are at the Kennedy Center for the Performing Arts to attend the final draw of next year’s FIFA World Cup that the United States, Canada and Mexico will host.It could lead to their first discussion about the Canada-U.S. relationship since Trump abruptly ended trade talks in October in response to an […]

A trio of Democrat senators introduced legislation on Thursday to require airlines to provide passengers with cash compensation and free rebooking for hourslong flight delays.Sens. Mark Kelly, D-Ariz., Richard Blumenthal, D-Conn., and Ed Markey, D-Mass., proposed the measure, which has been co-sponsored by more than a dozen other Democrat senators.Under the bill, dubbed the Flight Delay and Cancellation Compensation Act, airlines would need to pay passengers $300 if their flight […]