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It has been a rough month for Cracker Barrel — but its most loyal fans appear to be sticking it out for now.Cracker Barrel reported its Q4 earnings on Wednesday, missing analyst expectations on earnings and beating on revenue. The mixed results saw shares tumble nearly 10% in after-hours trading, another knock to the chain, which has faced a barrage of criticism over its halted rebrand effort in recent weeks.But a closer read of its same-store sales and loyalty program sign-ups reveals a silver lining for Cracker Barrel: its die-hard customers seem to have doubled down.Despite a significant decline in expected traffic…
Jimmy Kimmel is off the air after his comments on Charlie Kirk’s death sparked controversy.On Monday’s show, the late-night host made sharp comments about the reaction to Kirk’s killing and President Donald Trump.The episode is still up on YouTube, with the segment beginning around the two-minute mark.Kimmel: “We hit some new lows over the weekend with the MAGA gang desperately trying to characterize this kid who murdered Charlie Kirk as anything other than one of them and doing everything they can to score political points from it. In between the finger-pointing, there was grieving on Friday. The White House flew…
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty ImagesSpirit Airlines CEO Dave Davis on Wednesday braced staff for more job cuts and said the carrier plans to slash its schedule in November to reduce costs weeks after declaring its second bankruptcy in less than a year.The airline is planning its November schedule and Davis told employees in a memo, which was reviewed by CNBC, that they will see a 25% cut in capacity over 2024 “as we optimize…
President Donald Trump on Wednesday celebrated the news that ABC was pulling “Jimmy Kimmel Live!” off the air for comments he made following Charlie Kirk’s death — and he wants other late-night hosts to be next.”Great News for America: The ratings challenged Jimmy Kimmel Show is CANCELLED. Congratulations to ABC for finally having the courage to do what had to be done,” Trump said in a post on Truth Social. “Kimmel has ZERO talent, and worse ratings than even Colbert, if that’s possible. That leaves Jimmy and Seth, two total losers, on Fake News NBC. Their ratings are also horrible.…
This as-told-to essay is based on a conversation with Nikolai Smirnoff, 29, an American restaurant owner in Hong Kong. His words have been edited for length and clarity.At 19, with no degree and only a year left on my visa, I had no idea what would come next. Starting a business seemed like the only way I could keep living in Hong Kong.So, I signed a four-year lease on a restaurant. I had never managed a team, raised capital, or run a kitchen. But I knew I wasn’t ready to leave. It was the first city that finally felt like…
ABC has pulled Jimmy Kimmel off the air “indefinitely” over his comments about Charlie Kirk’s killing.The decision follows comments Kimmel made on Monday’s show.”We had some new lows over the weekend with the MAGA gang desperately trying to characterize this kid who murdered Charlie Kirk as anything other than one of them,” Kimmel said.Kimmel hosts “Jimmy Kimmel Live!,” which premiered in 2003. Until this suspension, he was the longest-serving late-night host currently on the air. He’s hosted the Primetime Emmy and Academy Awards multiple times.ABC’s decision came after increasing pressure from both the Federal Communications Commission and a prominent company…
The National Association of State Boards of Accountancy and the American Institute of CPAs today released an exposure draft proposing changes to Continuing Professional Education standards.The proposed revisions to Statement on Standards for Continuing Professional Education (CPE) Programs addresses emerging learning methods, clarifies credit-awarding mechanisms and ensures CPE remains relevant to the evolving needs of the profession. The AICPA and NASBA are requesting feedback from the public; the comment period closes on Dec. 16, 2025. insta_photos – stock.adobe.com “These proposed revisions reflect the hard work and collaboration of the CPE Standards Working Group, NASBA’s CPE Committee, and the Joint AICPA/NASBA CPE…
Federal Reserve Chair Jerome Powell says there is evidence that AI is already upending the workforce.”I think my view, which is also a bit of a guess, but widely shared, I think, is that you are seeing some effects but it’s not the main thing driving it,” Powell said during a news conference after the conclusion of the Fed’s September meeting.Overall, Powell said his view is that AI is probably a factor affecting the job market for recent college graduates, but it is “hard to say how big it is.””It may be that companies or other institutions that have been…
In an aerial view, a Cracker Barrel sign featuring the old logo hangs on a sign outside of a restaurant on Aug. 27, 2025 in Florida City, Florida.Joe Raedle | Getty ImagesCracker Barrel Old Country Store said Wednesday the restaurant chain is focusing on enhancing its experiences for guests after it faced intense backlash over an attempted rebrand earlier this summer.The company reported mixed fiscal fourth-quarter earnings Wednesday afternoon, and CEO Julie Masino said the company is “optimistic” about its future as it heads into next year.The stock sank roughly 10% in after hours trading.Here’s how the company performed compared…
One of these dots is not like the other.The Federal Open Market Committee announced a rate cut Wednesday, its first policy change of the year. The quarter-point reduction is in alignment with expectations and a reaction to slow growth in the job market and stubborn inflation.Alongside the rate cut, the Fed released the FOMC members’ economic projections for the next few years, including where they project interest rates to end up. The median member expected another half percentage point of reductions by the end of the year — or one normal-sized quarter-percent cut at each of the two remaining Fed…