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Business

Trump says Fed chair search down to ‘three or four’ candidates, with announcement coming ‘a little bit early'

President Donald Trump told reporters on Wednesday afternoon that he has narrowed down the list of potential successors to Federal Reserve Chairman Je...

Business

Treasury's Bessent says he doesn't support suspending monthly jobs reports

Treasury Secretary Scott Bessent on Wednesday said that he doesn't think the Bureau of Labor Statistics (BLS) needs to pause monthly jobs report relea...

Business

Bessent says Trump Fed appointments will 'change the narrative' on monetary policy direction

U.S. Treasury Secretary Scott Bessent didn’t shy away from talking about Federal Reserve politics and an ongoing fiscal power shift during a recent in...

Business

How Kodak went from film giant to facing financial peril

Kodak, once a titan in the film era, now risks fading into history as it faces the possibility of shutting down operations for good.The company experi...

Business

FDA may revoke Pfizer COVID-19 vaccine authorization for kids under certain age

The U.S. Food and Drug Administration (FDA) may not renew the Emergency Use Authorization for the Pfizer-BioNTech COVID-19 vaccine for children under...

Business

Trump administration official says Wall Street tariff inflation fears like 'waiting for Godot'

A key official in the Trump administration's economic team is touting the latest inflation data as showing that a tariff-induced rise in consumer pric...

Business

GE Appliances invests $3B in US manufacturing operations

GE Appliances is investing more than $3 billion over the next five years to expand its U.S. operations, aligning with the Trump administration’s effor...

Business

AriZona iced tea’s 99-cent price may finally end after 30 years — tariffs could be to blame

AriZona recently spilled the tea and it’s not sweet. In a recent interview with The New York Times, the company’s founder and chairman, Don Vultaggio,...

Business

Hand soaps recalled over bacteria that could lead to 'life-threatening sepsis'

Several hand soaps, cleansers and antiseptics have been voluntarily recalled over a bacteria contamination that could lead to "life-threatening sepsis...

Business

US national debt hits record $37 trillion

The U.S. national debt surpassed $37 trillion for the first time in the nation's history on Friday as the federal government continues to accumulate d...

Business

Disney teams up with Navy welfare group to give US troops a ‘fantastic’ experience

Disney recently teamed up with the Navy Morale, Welfare and Recreation (MWR) organization to give America's men and women in uniform a "fantastic" exp...

Business

Kodak says there's 'substantial doubt' it can stay in business

Kodak announced in a Securities and Exchange Commission (SEC) filing on Monday that there was "substantial doubt" about the company's ability to stay...