GameStop stock jumps as speculation over roaring kittens intensifies

We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs and more! Sign up now for Alpha Reports and improve your game! Go to Alpha Reports GameStopThe stock price showed this morning, with the video game retailer’s stock price continuing to improve after raising more than … Read more

California’s $20 minimum wage sees fewer customers: study

California’s new $20-an-hour minimum wage law for fast-food workers reduced visits to popular chains as restaurants like McDonald’s, Wendy’s and Burger King raised prices to offset higher costs, according to a study. California’s new $20-an-hour minimum wage law for fast-food workers led to higher prices and lower traffic at popular chains including McDonald’s, Wendy’s and … Read more

Chick-fil-A’s summer camp for kids draws criticism and sparks debate on social media

See what’s clicking on FoxBusiness.com A Chick-fil-A restaurant in Louisiana announced it will host a summer camp just for kids, sparking a debate on social media. The Hammond franchise location will open its doors to children, ages 5 to 12, to attend Chick-fil-A Summer Camp July 15-17 and July 22-24. The camp fee is $35 … Read more

Senators blast regulators and law enforcement over illegal e-cigarettes

WASHINGTON (AP) – Senators on Wednesday criticized top health and law enforcement officials for not doing more to combat the rise of illegal electronic cigarettes in the US, a multi-billion dollar business that has thrived amid haphazard enforcement. Democrats and Republicans on the Senate Judiciary Committee expressed frustration and exasperation as they questioned officials from … Read more

Paramount Co-CEOs Address Memo Address Skydance Deal Talks End

With Skydance Media deal talks winding down, the three top executives in Paramount Global’s CEO’s office said they remain focused on a plan to cut costs and grow the media conglomerate as an independent entity. The trio – George Cheeks, president and CEO of CBS; Chris McCarthy, president and CEO, Showtime/MTV Entertainment Studios and Paramount … Read more

The Fed is holding rates steady and predicts only one cut this year

Federal Reserve officials left interest rates unchanged in their June decision and predicted they would cut borrowing costs just once before the end of 2024, a sign they plan to be patient before making a U-turn in their fight against rapid inflation. Central bankers raised interest rates rapidly between early 2022 and July 2023, taking … Read more

Tesla shareholders will vote on Elon Musk’s pay package

Under the leadership of Elon Musk, Tesla popularized electric vehicles and became the most valuable car company in the world. Mr. Musk became a billionaire many times over generating huge profits for investors. However, Tesla shareholders may decide this week that Mr. Musk is overpaid. In a vote, the results of which will be announced … Read more

The Federal Reserve anticipates only one rate cut this year

WASHINGTON (AP) – Federal Reserve officials said Wednesday that inflation has fallen further toward their target level in recent months, but signaled that they expect to cut their key interest rate only once this year. Policymakers’ forecast for one rate cut was down from an earlier forecast of three because inflation, despite cooling in the … Read more