Finance

Cracker Barrel expects weaker sales and restaurant traffic after logo controversy

Cracker Barrel expects weaker sales and restaurant traffic after logo controversy

Cracker Barrel said Wednesday it expects lower sales and weaker customer traffic in the coming year as the controversy over its planned logo change continues to play out. In a conference call with...

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The Fed Cut Interest Rates Wednesday, But the Path Ahead Is Much Less Clear

The Fed Cut Interest Rates Wednesday, But the Path Ahead Is Much Less Clear

Yasin Ozturk / Anadolu / Getty Images Federal Reserve Chair Jerome Powell speaks at a news conference on September 17, 2025 Markets fastidiously try to gauge what the Federal Reserve will ...

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Moody’s flags risk in Oracle’s $300 billion of recently signed AI contracts

Moody’s flags risk in Oracle’s $300 billion of recently signed AI contracts

By Matt Tracy WASHINGTON (Reuters) -U.S. credit rating agency Moody’s Ratings flagged several potential risks in Oracle Corp’s $300 billion of recently signed artificial intelligence c...

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Chemicals, autos lead as rail freight bests year-ago traffic

Chemicals, autos lead as rail freight bests year-ago traffic

Freight on U.S. railroads totaled 514,167 carloads and intermodal units, off 1.6% from the same week in 2024 but still ahead year-to-date. Total freight for the week ending Sept. 13 came to 231,23...

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Cracker Barrel Outlook Falls Short After Rebrand Controversy

Cracker Barrel Outlook Falls Short After Rebrand Controversy

(Bloomberg) — Cracker Barrel Old Country Store Inc. offered sales guidance for the current fiscal year that missed expectations, suggesting the brand is still dealing with the fallout from i...

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Outpost doubles terminal network capacity to $1 billion

Outpost doubles terminal network capacity to $1 billion

Outpost, a national truck terminal owner and automation company, and GreenPoint, a real assets investment firm, announced Wednesday additional capital that doubles their truck terminal platform t...

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