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Browsing: Business

Business

Kraft Heinz names new CEO ahead of major split

The Kraft Heinz Co. announced on Tuesday that former Kellanova CEO Steve Cahillane will take over next year before the food giant splits into two sepa...

Business

Scott Bessent says real affordability relief, 'substantial drop' in inflation coming soon

Cautioning that families are still feeling the sting of Biden-era inflation, U.S. Treasury Secretary Scott Bessent indicated that Americans can expect...

Business

Elon Musk reportedly begins funding Republicans for 2026 midterms

Wealthy business tycoon Elon Musk has started doling out money for the GOP's 2026 House and Senate races, according to Axios.He recently gave large ch...

Business

Bessent says Supreme Court tariff ruling, Fed chair pick expected in January

Treasury Secretary Scott Bessent said Tuesday that two major decisions – the Supreme Court ruling on tariffs and the selection of a new Federal Reserv...

Business

US added 64K jobs in November after losing 105K in October, delayed report shows

The U.S. economy added jobs in November as economic uncertainty continued to dampen activity in the labor market.The Labor Department on Tuesday repor...

Business

Trump again says he is considering reclassifying marijuana as less dangerous drug

President Donald Trump on Monday reiterated that he is weighing whether to reclassify marijuana as a less dangerous drug, a statement that mirrors sim...

Business

DeSantis says Florida can regulate AI despite Trump’s executive order: 'We have a right to do this'

Florida Gov. Ron DeSantis, a Republican, said on Monday that state officials have the right to regulate artificial intelligence despite President Trum...

Business

LARRY KUDLOW: Thanks to Mr. Trump and Mr. Netanyahu

This is the holiday season, and it’s supposed to be a time for joy and celebration. It’s Christmas and Hanukkah. And family gatherings, office parties...

Business

Powell acknowledges labor market slowdown but rejects fears of steep decline

Federal Reserve Chair Jerome Powell outlined how the central bank is viewing the labor market after it cut interest rates last week for the third stra...

Business

FDA rolls back 'red tape' in move aligned with Trump push to speed up new cures

Echoing President Donald Trump’s call to accelerate medical innovation, Food and Drug Administration (FDA) Commissioner Marty Makary announced that th...

Business

Energy secretary says electricity prices will drop under Trump administration policies

Energy Secretary Chris Wright on Sunday said the Trump administration's energy policies will lower electricity prices over the course of the president...

Business

A look back at the storied career of Hollywood icon Rob Reiner

Hollywood icon Rob Reiner first entered America's hearts and homes through his memorable role in "All in the Family" and later dominated the box offic...