Markets
Browsing: Business
EU opens door to unprecedented ‘associate member’ status for Canada amid US trade spat
European Commission President Ursula von der Leyen on Wednesday proposed opening the door for Canada to become the European Union’s first “associate member,” a significant step that could bring Ottawa substantially closer to the bloc as its trade dispute with…
CC Sabathia excited for PitCCh In Foundation’s future as annual golf event raises over $450K for youth
Baseball Hall of Fame pitcher and legendary New York Yankees starter CC Sabathia has told the story many times: Dave Stewart changed his mindset forever at just nine years old in his hometown Vallejo, California. Stewart, a three-time World Series champion…
Popular So Delicious frozen dessert recalled over possible stone contamination
A recall has been issued for So Delicious Dairy Free Salted Caramel Cluster Non-Dairy Frozen Dessert pints over the potential presence of foreign materials, including small stones and other hard objects, within the cashew inclusions. Danone USA announced the…
Ford recalls more than 223,000 vehicles over fuel tank issue
Ford is recalling more than 223,472 pickup trucks due to an improperly secured fuel tank, the National Highway Traffic Safety Administration said. “In some instances, front fuel tank strap T-slots were not properly inserted into the vehicle’s frame rail at…
Ford’s 2027 F-150 gets hands-free towing, first-ever Carhartt edition
Ford Motor Company is refreshing its best-selling F-150 pickup for 2027 with hands-free towing technology, updated styling and the first-ever F-150 Carhartt edition. Greg Christensen, Ford’s general manager of North America Trucks, told Fox Business that the…
Bessent says US needs more open-source AI models to compete with China
Treasury Secretary Scott Bessent on Tuesday told lawmakers in Congress that the U.S. needs to foster open artificial intelligence (AI) models to compete with those made by Chinese firms. Bessent testified before the House Financial Services Committee about…
Tim Scott warns Democratic opposition to CLARITY Act could jeopardize US financial leadership
Sen. Tim Scott, R-S.C., warned that Democratic opposition to cryptocurrency market structure legislation risks standing in the way of America’s ability to lead the next evolution of financial markets. Scott, chairman of the Senate Banking Committee and one of…
Stubborn inflation sets stage for Federal Reserve to hike interest rates
The Federal Reserve is holding a closely watched monetary policy meeting this week as the market expects the central bank to hike interest rates amid concerns about stubborn inflation. Policymakers have held interest rates steady at all five meetings held by…
Kraft Heinz unveils new Philadelphia cream cheese flavors to win back shoppers
Philadelphia cream cheese is tapping into Americans’ growing appetite for sweet-and-spicy foods with a new product developed alongside Mike’s Hot Honey. Kraft Heinz said Philadelphia Mike’s Hot Honey Whipped Cream Cheese, which combines the brand’s whipped…
Costco raises price of Kirkland motor oil and limits how much shoppers can buy
Costco has raised the price of motor oil sold under its exclusive private-label Kirkland brand and is now limiting how much customers can purchase weekly amid rising oil prices. A 10-quart case of Kirkland Signature full synthetic motor oil is now $58…