The iShares MSCI China ETF (MCHI) and the iShares China Large-Cap ETF (FXI) advanced more than 2%, each, in midday trading, as traders assess trade tensions between the […]
Waffle House is placing a surcharge on every egg it sells
The soaring price of eggs has forced Waffle House to add a temporary surcharge on customers’ orders. The Georgia-based chain is adding a 50-cent charge per egg because […]
Fox Corp. Expects to Launch New Stand-Alone Streamer by End of 2025
Fox’s Sunday-afternoon football games and Fox News host Jesse Watters may soon have a new digital home. Fox Corporation expects to launch a new stand-alone subscription-based streaming service […]
Egg Shortages Are Now Hitting Restaurants, With No Relief in Sight
American restaurants are falling victim to a national egg shortage that has already plagued grocery stores from New York City to San Francisco and sent prices to $7 […]
PepsiCo earnings beat estimates, but demand for drinks and snacks drops in North America
PepsiCo reported mixed quarterly results on Tuesday as demand for its snacks and drinks fell in North America. Shares of the company fell less than 1% in premarket […]
OpenAI chief Altman inks deal with S Korea’s Kakao after DeepSeek upset
OpenAI chief Sam Altman has inked a deal with South Korea’s tech giant Kakao as the California-based firm seeks new alliances after Chinese rival DeepSeek shook the global […]
Trump’s consumer watchdog freezes CFPB activity on first day of job
Feb 3 (Reuters) – U.S. Treasury Secretary Scott Bessent, who took over on Monday as President Donald Trump’s new acting consumer finance watchdog, has halted virtually all pending […]
Wildfires in Los Angeles
At least 27 people have died in multiple wildfires around Los Angeles. The Palisades Fire has destroyed thousands of buildings and burned through more than 23,700 acres, and […]
Trump tariffs could raise medication costs and exacerbate shortages, drug trade groups warn
President Donald Trump’s tariffs on Canada, Mexico, and China could worsen existing drug shortages in the U.S., raise healthcare costs for patients, and threaten generic drugmakers, according to […]
Trump’s consumer watchdog freezes CFPB activity on first day of job
On February 3, 2025, U.S. Treasury Secretary Scott Bessent, who took over as President Donald Trump’s new acting consumer finance watchdog, halted virtually all pending activities at the […]