Cisco Systems Inc. (CSCO) Wednesday reported its results for the third quarter, with earnings beating Street estimates, while revenues falling short of expectations. Moving ahead, the company lowered its outlook for the full year, sending its shares down over 15% in extended trading session. San Jose, California-based Cisco System’s third-quarter profit rose to $3.04 billion or $0.73 per share from […]
Read moreInflation will cause recession, food prices to spiral: Kyle Bass Hayman Capital Management founder and CIO Kyle Bass argues that the Fed will put Americans into a ‘significant recession.’ Hayman Capital Management founder and CIO Kyle Bass joined "Mornings with Maria," Wednesday, warning that inflation will cause a "significant" recession and food prices to spiral "much further." KYLE BASS: [The […]
Read moreFOX Business Flash top headlines for May 17 Check out what’s clicking on FoxBusiness.com. Coca-Cola Great Britain announced Tuesday that the company will introduce packaging that keeps bottle caps attached to ensure that customers can easily recycle the entire package. The company said in a statement that plastic bottle lids have been recyclable for several years but are often discarded […]
Read moreConsumers turning to Costco for cheaper gas Lipow Oil Associates President Andy Lipow explains how private drillers in the U.S. are stepping up amid record prices. Gas prices continued hitting record highs this week, as the average gallon of gas now costs at least $4 in all 50 states for the first time ever, according to the auto club AAA. […]
Read moreAmericans facing record inflation rates, gas prices ‘Kennedy’ party panel reacts to President Biden’s ‘economic blunders’ as inflation hit 8.3% in April. Average gas prices in the U.S. reached a new record high Tuesday, according to AAA's gas price calculator. The national average cost of a regular gallon of gasoline hit $4.523 early Tuesday morning. This topped Monday's record of […]
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Malaysia’s economic growth improved more than expected in the first quarter underpinned by the improving domestic demand and exports, data released by the Bank Negara Malaysia showed on Friday. Gross domestic product expanded 5.0 percent on a yearly basis, faster than the 3.6 percent rise in the preceding quarter and also better than the economists’ forecast of 4.0 percent. On […]
Read moreBuilding your credit can make it easier to get approved for financial products, and with a lower interest rate. Learn how to improve bad credit in 10 ways. (iStock) If you don’t have a credit history, or your credit isn’t in the best shape, you might have trouble getting approved for financial products, like credit cards or personal loans. Improving […]
Read moreBaby formula shortage a ‘big problem’: Dr. Siegel Baby formula shortage a ‘big problem’: Dr. Siegel Fox News contributor Dr. Marc Siegel argues that the U.S. needs to ‘ramp up’ federal involvement to resolve the baby formula shortage. As parents of infants are facing worsening shortages of baby formula amid ongoing issues in the supply chain, Fox News medical contributor […]
Read moreFOX Business Flash top headlines for May 10 Check out what’s clicking on FoxBusiness.com. New York Gov. Kathy Hochul announced Tuesday that the state will send $35 million to abortion providers for expanded services and increased security as the nation prepares for the possibility that the U.S. Supreme Court will overturn Roe v. Wade this summer. The Democratic governor said […]
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