FOX Business4 hours agoDisney reportedly shelves ESPN spinoff talks in major call under new CEOverified_publisherFOX Business - Bonny ChuThe Walt Disney Company is reportedly backing away from plans to spin off ESPN, shelving years of speculation that a standalone sports network could help offset the company’s declining cable business. The decision marks one of the first major calls under CEO Josh D’Amaro, who stepped into the role …
FOX Business4 hours agoTreasury freezes $344M in crypto as 'Operation Economic Fury' pushes Iran to industrial breaking pointverified_publisherFOX Business - Edward Lawrence , Brittany MillerThe U.S. Treasury Department has frozen more than $344 million in cryptocurrency tied to Iran and is ramping up efforts to choke off the regime’s access to global revenue streams as part of an ongoing pressure campaign, officials said. The actions are part of Operation Economic Fury, a broader …
FOX Business8 hours agoLARRY KUDLOW: Unconditional Dictationverified_publisherFOX Business - Larry KudlowMy first thought is that I just don’t believe President Trump will accept any of these Iranian offers that might open up the Strait of Hormuz, but not end Tehran’s nuclear capabilities or even the regime’s nuclear ambitions. Iran’s hanging on by a thread. Everybody knows that. No oil, no money. The …
FOX Business9 hours agoCalifornians who move away are typically saving hundreds a month on housing costsverified_publisherFOX Business - Eric RevellMany California residents who move out of the state are finding substantial savings on housing costs and an easier pathway to homeownership as affordability concerns weigh. A recent analysis by the California Policy Lab at UC Berkeley, using data that anonymously tracks the same households over time …
FOX Business9 hours agoGhirardelli recalls drink mixes over potential salmonella contaminationverified_publisherFOX Business - Eric Revell , Matthew KazinGhirardelli Chocolate Co. is recalling 13 beverage mixes because they may be contaminated with salmonella, the company said. The voluntary action follows a separate California Dairies Inc. milk powder recall that was initiated due to a concern about potential salmonella contamination, "which was …
FOX Business11 hours agoFed expected to hold rates as Powell era nears end with Warsh on deckverified_publisherFOX Business - Eric RevellThe Federal Reserve will announce its latest interest rate on Wednesday when Fed Chair Jerome Powell will host what may be his final news conference as the leader of the central bank, with his term as chairman due to expire next month. The Federal Open Market Committee (FOMC), the Fed panel …