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…
Trending
Spotlight This Week
More Articles
Money
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…
Featured Articles
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…
All News
A key Trump administration trade adviser warned in an op-ed on Monday that India needs to stop buying oil from Russia, arguing the purchases are helping finance Russia’s war against Ukraine. White House trade adviser Peter Navarro wrote in the Financial Times on Monday that India is “cozying up to both Russia…
The federal government’s gross national debt topped $37 trillion for the first time in history last week, and the U.S. has room to add trillions of dollars more to the debt following the enactment of the One Big Beautiful Bill Act (OBBBA). President Donald Trump on July 4 signed OBBBA into law,…
Air Canada flight attendants remained on strike Sunday, defying a government labor board’s order to return to work and forcing Canada’s largest airline to delay its restart plans. The walkout, which began shortly after 1 a.m. Saturday, grounded most of the carrier’s 700 daily flights and stranded more than 100,000…
One of the most significant names on Wall Street, Goldman Sachs , is in the midst of constructing a new Texas campus equipped with an office spanning 800,000 square-feet with state-of-the-art amenities for employees. Goldman Sachs, along with Hunt Realty Investments and Hillwood Urban, broke ground on the campus at…
Starting and running a small business is expensive. There are many different costs that go into operating a business, but many can be tax write-offs. For an expense to be deductible, the cost must be both “ordinary and necessary,” according to the Internal Revenue Service (IRS). An ordinary expense is defined…
Some Arizona small business owners are saying economic relief will be a big part of their vote this year, and it could make or break votes in one of the key battleground states. Small businesses play a major role in Arizona’s economy, employing more than 40% of people in the…
Warren Buffett is helping revive shares of beleaguered UnitedHealthcare Group after taking a $1.6 billion stake in the company, according to filings with the Securities and Exchange Commission. UnitedHealth shares clocked the largest one-day percent increase since March 2020, as tracked by Dow Jones Market Data Group. It was on…
A mother of three was surprised by a generous gift from former president Donald Trump while she was shopping at a local grocery store in Pennsylvania. Hundreds of people lined up outside Sprankles Neighborhood Market in Kittanning, where Trump greeted shoppers and even gifted one woman some relief for her…
Wall Street might be booming, but Main Street is feeling more uncertainty than ever ahead of Election Day, as polling shows the race between former President Trump and Vice President Harris is a dead heat. The National Federation of Independent Businesses’ (NFIB) Uncertainty Index surged 11 points in September to…
Blue states around the U.S. are planning tax hikes on wealthy residents to bring in additional revenue through a variety of proposals, including one state’s so-called “Taylor Swift tax.” The moves come after the enactment of the One Big Beautiful Bill Act (OBBBA) by President Donald Trump and Republicans in Congress,…
Editor's Pick
