Pharmacy chain Rite Aid closed all of its locations after filing for bankruptcy twice in less than two years. The retailer posted a brief announcement on its website.”All Rite Aid stores have now closed,” the site states. “We thank our loyal customers for their many years of support.” The website…
I saw a lot of socialist experiments in Latin America and the results weren’t pretty. If Americans want to see how badly socialism works, they don’t have to go far. Beginning with Cuba’s Fidel Castro in 1959, socialism has a dismal history of failure throughout this hemisphere. While socialist revolutionaries…
A recently completed stock deal saw OpenAI’s valuation surge to $500 billion and become the world’s most valuable private company, according to a report. Current and former OpenAI employees sold about $6.6 billion in shares to a consortium of investors that included Thrive Capital, SoftBank, Dragoneer Investment Group, Abu Dhabi’s MGX…
Federal investigators are examining a crash in which two Amazon Prime Air delivery drones struck a construction crane in Tolleson, Arizona, a city west of Phoenix, on Wednesday. Tolleson police said the morning crash occurred in a commercial area near 96th Avenue and Roosevelt Street, according to FOX 10 Phoenix.The…
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A partial government shutdown began on Wednesday with Republicans and Democrats at an impasse over spending levels, which has increased uncertainty…
A listeria outbreak affecting certain recalled prepared meals sold at Trader Joe’s and Walmart has led to four deaths as well…
Some of the world’s wealthiest investors are using exchange-traded funds to access commodities, cryptocurrency and artificial intelligence. “We tend to…
A listeria outbreak affecting certain recalled frozen meals sold at Trader Joe’s and Walmart has led to four deaths as well…
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Mortgage rates rose this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage increased to 6.34% from last week’s reading of 6.3%. The average rate on a 30-year loan…
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Federal Reserve Governor Lisa Cook is facing allegations of mortgage fraud leveled by a Trump administration official and is vowing to fight back legally against President Donald Trump’s effort to remove her. Last week, Federal Housing Finance Agency Director Bill Pulte submitted a criminal referral to the Justice Department accusing Cook…
The Trump administration on Wednesday imposed an additional 25% tariff on Indian imports, pushing some duties to as high as 50% as of Wednesday, U.S. Customs and Border Protection confirmed. The move has been framed as retaliation for New Delhi’s surging imports of discounted Russian crude.Foreign Minister S. Jaishankar, India’s…
General Motors has recalled more than 23,000 Chevrolet Corvettes in response to a fuel leak issue linked to multiple reported fires, according to the National Highway Traffic Safety Administration. The recall was initiated after officials found that excess fuel could spill into the vehicles’ fuel-filler pocket during refueling and potentially…
Chipmaker Intel said that the Trump administration’s move to take an equity stake in the company could create a risk to its business in a regulatory filing. President Donald Trump announced last week the federal government will take a roughly 9.9% equity stake in the struggling chipmaker in exchange for previously…
Less than a week after the Cracker Barrel CEO appeared on “Good Morning America” and made the rounds celebrating the company’s new logo, the restaurant chain known for its old-time feel, southern dishes and eclectic gift/candy store, now admits it made a mistake. Julie Masino boasted that the reception she…
President Donald Trump believes the Cracker Barrel restaurant chain should bring back their old logo. “Cracker Barrel should go back to the old logo, admit a mistake based on customer response (the ultimate Poll), and manage the company better than ever before,” Trump wrote in a post on Truth Social.”They…
Cracker Barrel investors are still taking a cautious tone despite the restaurant chain’s mea culpa on Monday over its brand remake, which was quickly labeled woke, alienating core customers. Ticker Security Last Change Change % CBRL CRACKER BARREL OLD COUNTRY STORE INC. 54.27 -0.14 -0.25% Shares ended the session fractionally…
Cracker Barrel admitted on Monday that it “could’ve done a better job sharing who we are and who we’ll always be” after customers expressed outrage over the restaurant chain’s new logo. “If the last few days have shown us anything, it’s how deeply people care about Cracker Barrel. We’re truly…
President Donald Trump on Monday defended the country’s 10% stake in Intel, slamming critics of the deal in a morning social media post. “I PAID ZERO FOR INTEL, IT IS WORTH APPROXIMATELY 11 BILLION DOLLARS,” Trump wrote on Truth Social ahead of the opening bell on Wall Street. “All goes…
Southwest Airlines is adding rules when it comes to “customers of size.” Starting January 27, when flights with assigned seating begin taking off, plus-size passengers “should proactively purchase the needed number of seats prior to travel to ensure the additional, adjacent seat is available,” the airline says on its website.”I just…
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