FOX Business4 hours ago108 top economists predicted 'devastation' — Argentina's Milei continues to prove them wrongverified_publisherFOX Business - Simon ConstableWhen Javier Milei entered the race to be Argentina’s president, 108 notable economists said his policies could be a disaster. Three years later, the maverick president continues to prove them wrong. As Argentina’s new president in December 2023, Milei faced an ailing economy due to corruption, …
FOX Business7 hours agoFrozen food item sold at Costco recalled over salmonella concernverified_publisherFOX Business - Stephen SoraceA frozen cheese bread product sold at Costco is being recalled over concerns it could be contaminated with salmonella, prompting the retailer to notify customers who purchased the affected items. Champion Foods LLC announced a voluntary recall of certain batches of Motor City Pizza Co. 5 Cheese …
FOX Business23 hours agoExxon chief warns of skyrocketing energy prices as shareholders approved plan to exit blue stateverified_publisherFOX Business - Robert McGreevyExxonMobil's Senior Vice President Neil Chapman issued a stark warning to the public that energy prices may explode upwards in the coming weeks on the same day his company's board approved moving the company's corporate structure from New Jersey to Texas. Speaking at the Bernstein Conference in New …
FOX Business1 day agoLounge sold on Amazon recalled after customer's finger amputatedverified_publisherFOX Business - Louis CasianoA lounge chair sold on Amazon.com is being recalled after a customer lost a finger while adjusting it, officials said. The chair, made by the company Giantex, poses an "amputation risk" when consumers place their fingers in a pinch point when adjusting the chair, the U.S. Consumer Product Safety …
FOX Business1 day agoScott Bessent says US seized roughly $1B in Iranian crypto as regime nears 'end of their tether'verified_publisherFOX Business - Nora MoriartyTreasury Secretary Scott Bessent said Friday that the Iranian economy was nearing a breaking point, while announcing that the U.S. had seized roughly $1 billion in Iranian cryptocurrency assets. "We have seized about a billion dollars of their crypto," he told FOX Business. "Just outright grabbed …
FOX Business1 day agoLARRY KUDLOW: Reaganesque and Trumpian optimismverified_publisherFOX Business - Larry KudlowPeople may forget that Scott Bessent is probably the strongest wartime Treasury secretary going all the way back, at least to World War II. Through his Economic Fury campaign, he has slowly but surely turned off Iran’s monetary and economic spigots. Not only the blockade of Iranian ports, which has …