President Trump says drug makers should disclose prices in TV ads
Tracee Carrasco chats with FOX 5's Allison Seymour in this morning's FOX Business Beat.
FOX Business Beat: Sears Seeks Bankruptcy Protection; Mega Millions Jackpot
Sears files for Chapter 11, as the more than a century-old retailer buckles under its massive debt load and staggering losses. No one won Friday's Mega Millions drawing. That means the estimated jackpot climbs to $654 million, which would be the fourth-largest prize in U.S. history. FOX's Tracee Carrasco joined us with the latest for our Business Beat.
Fox 5 News on the Hill: Trends in the stock market and the US economy
Roberto Perli with Cornerstone Macro discusses the latest trend in the stock market, as affected by a good economy and high interest rates.
FOX Business Beat: Facebook Accounts Shut Down; Two Jackpots Up For Grabs
Facebook removed more than 500 pages and 250 accounts accused of spreading false or misleading political information ahead of the midterm elections. Two jackpots up for grabs this weekend totaling more than $850 million. FOX's Tracee Carrasco joined us with the latest for our Business Beat.
FOX Business Beat: Stamp Price Increase; Singapore Record Flight
The U.S. Postal Service is seeking to increase the price of its first-class stamp by 5 cents to 55 cents. Plus, a Singapore airline completes the world's longest commercial flight! FOX's Tracee Carrasco joined us with the latest for our Business Beat.
FOX Business Beat: Sears Bankruptcy? Best Places to Retire
Sears is reportedly preparing a bankruptcy filing that could come as soon as this week. Plus, the list of the best places to retire! FOX's Tracee Carrasco joined us with the latest for our Business Beat.
FOX Business Beat: Google data breach; Facebook video chat
Google admits to hiding a recent data breach from its users. Plus, Facebook takes on video chatting with its own portal. FOX's Tracee Carrasco joined us with the latest for our Business Beat.
FOX Business Beat: Mattress Firm files for bankruptcy, Banksy shreds itself
Mattress Firm, Inc., the nation's largest mattress retailer, is filing for bankruptcy protection and plans to close up to 700 stores around the country. Plus, a Banksy artwork shredded itself moments after being sold at auction for $1.4 million! FOX's Tracee Carrasco joined us with the latest for our Business Beat.
FOX Business Beat: Musk Takes Swipe at SEC; #METOO 1 Year Later
Elon Musk is taunting the government regulators who threatened to oust him as CEO of electric carmaker Tesla just days after he settled a case alleging he duped investors. Plus, it?s been one year since the hashtag #metoo ignited a movement for women's rights in cyber space. FOX's Tracee Carrasco joined us with the latest for our Business Beat.
FOX Business Beat: Airline Seats Regulations, Facebook Hack Fallout
The FAA will set standards for the size of airline seats and has one year to come up with minimum requirements for seat width and for the space between the seats. Plus, Facebook could be forced to pay thousands to some users related to hack fallout. FOX's Tracee Carrasco joined us with the latest for our Business Beat.
FOX Business Beat: Toys R Us Comeback; Facebook Third-Party Apps
Toys R Us investors are planning a comeback! Plus, Facebook says there is no evidence that hackers gained access to third-party apps. FOX's Tracee Carrasco joined us with the latest for our Business Beat.
FOX Business Beat: Facebook Logins For Sale; Classic Trix Shapes Back
Hackers are reportedly selling social media logins on the dark web for as little as $2. Plus, Classic fruity shapes returning to Trix cereal! FOX's Tracee Carrasco joined us with the latest for our Business Beat.
FOX Business Beat: United States-Mexico-Canada Agreement; Facebook Hacks
Canada and he US have reached a deal to stay in trade pact with Mexico. Plus, the Facebook accounts of 50 million people have been compromised. FOX's Tracee Carrasco joined us with the latest for our Business Beat.
FOX Business Beat: SEC Seeks Musk Ouster; Uber Mapping NYC Quickest Routes
U.S. securities regulators are asking a federal court to oust Elon Musk as chairman and CEO, alleging that he committed securities fraud with false statements about plans to take the company private. Plus, Uber is rolling out a fleet of city mapping cars to find the quickest routes in New York City. FOX's Tracee Carrasco joined us with the latest for our Business Beat.
FOX Business Beat: Uber Settles Data Breach Claims; McDonald's Tries To Get Healthier
Uber will pay $148 million dollars to settle claims from a massive data breach that exposed the personal information of millions of its users. Plus, seven classic McDonald's burgers, including the Big Mac and Quarter Pounder, are now free from artificial preservatives, flavors and colors. FOX's Tracee Carrasco joined us with the latest for our Business Beat.
Federal Reserve raises rates for 3rd time this year with 1 more expected
The Federal Reserve signaled its confidence Wednesday in the U.S. economy by raising a key interest rate for a third time this year, forecasting another rate hike before year's end and predicting that it will continue to tighten credit into 2020 to manage growth and inflation.
FOX Business Beat: Dunkin? Drops the Donuts; Twitter Proposes New Rules
Dunkin' Donuts says it is officially dropping "donuts" from its name in an effort to stay relevant with younger customers, and show it's not just about the sweet treat. Plus, Twitter says it's planning a new policy to crack down on what it calls "dehumanizing" speech. FOX's Tracee Carrasco joined us with the latest for our Business Beat.
FOX Business Beat: Starbucks Layoffs; Snapchat Teams With Amazon
Changes are brewing at Starbucks. CEO Kevin Johnson told employees that falling sales are forcing the company to restructure. Amazon is teaming up with snapchat to bring customers a new way to shop. FOX's Tracee Carrasco joined us with the latest for our Business Beat.
China and US battle over tariffs
Tracee Carrasco joins FOX 5's Steve Chenevey for today's Fox Business Beat.
Fox Business -- New iPhone XS on sale Friday
Thousands of people will be flocking to their local Apple Store Friday as the mega tech company releases two new phones -- iPhone XS and iPhone XS Max. Also -- a pizza oven company is hiring pizza taste testers and Wells Fargo is cutting work force by 5 to 10 percent.