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Cracker Barrel fires back as Waffle House adds surcharge to eggs
Cracker Barrel leadership scrambled to make their own breakfast announcement after 24-hour restaurant chain Waffle House announced it would be tacking on a surcharge of 50 cents per egg. “Egg prices are staying put, but we’re doubling your rewards,” the company announced in a Facebook post yesterday. “Starting today through next Wednesday 2/12, all Cracker […]
Trump: Nippon Steel dropping bid for U.S. Steel, making investment instead
President Donald Trump on Friday suggested that Nippon Steel would no longer buy U.S. Steel as planned, and would instead invest in the company. The U.S. president mistakenly referred to Nippon Steel as “Nissan,” the Japanese automaker. WATCH LIVE: Trump holds news conference with Japanese Prime Minister Ishiba at the White House. But it’s Nippon […]
Jobs report shows a hiring slowdown as companies are acting like ‘they’re in a recession’
The US economy kicked off 2025 by adding 143,000 jobs in January, fewer than expected; but the unemployment rate dipped to 4%, according to data released Friday by the Bureau of Labor Statistics. Economists were projecting the unemployment rate would stay at 4.1% and 170,000 jobs would be added, according to FactSet estimates. While cold […]
All Quiksilver, Billabong and Volcom stores will close in the US
Quiksilver, Billabong, and Volcom, once a magnet for Millennials looking for surfer and skateboard-inspired clothing, are permanently closing all of their stores. More than 100 locations across the United States are shutting down in the coming weeks after their operator, Liberated Brands, filed for bankruptcy, blaming fast-fashion rivals and other economic factors for its financial […]
Stock futures are little changed as investors brace for big payrolls report: Live updates
Stock futures were slightly lower Thursday evening as January’s big jobs report loomed. Futures tied to the Dow Jones Industrial Average lost 3 points, or 0.01%. S&P 500 futures and Nasdaq 100 futures were both near the flatline. In extended trading, Amazon tumbled 4%. Guidance from the e-commerce giant disappointed investors, as Amazon called for […]
US employers added 143,000 jobs in solid but unspectacular January hiring, jobless rate fell to 4%
WASHINGTON (AP) — U.S. employers added just 143,000 jobs last month, but the unemployment rate fell to 4% to start 2025. The first monthly jobs report of Donald Trump’s second presidency points to a solid but unspectacular labor market. January job creation dipped from the 261,000 added in November, and 307,000 in December. Economists had […]
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Surgeons Transplant Engineered Pig Kidney Into Fourth Patient
Surgeons have successfully transplanted an engineered pig kidney into a fourth patient, marking a significant step forward in the field of xenotransplantation. The gene-edited pig kidney ‘functioned immediately’ in a 62-year-old dialysis patient, according to reports. This milestone is part of ongoing trials to explore the feasibility of using genetically modified pig organs for human […]
US job growth takes a breather; unemployment rate at 4.0%
WASHINGTON, Feb 7 (Reuters) – U.S. job growth slowed more than expected in January after robust gains in the prior two months, but a 4.0% unemployment rate probably will give the Federal Reserve cover to hold off cutting interest rates at least until June. The Labor Department’s closely watched employment report on Friday also showed […]