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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China appears to be building up a new “leverage point” against foreign nations as it cracks down on rare earths hoarding. Foreign companies purchasing rare earths from China are reportedly being warned against stockpiling them, according to the Financial Times, which cited two people familiar with the matter. China is…
For the first time, more craft beer breweries are shutting down than opening up. Breweries and taprooms are dealing with rising supply costs while demand for beer is slipping, according to the Brewers Association.Bart Watson is the president and chief executive officer of the Brewers Association. Watson said things got…
Companies are bringing their employees back into the office — and sending them back on the road. The Navan Business Travel Index (BTI) shows business travel jumped 15% year-over-year. Additionally, the BTI showed a 54% increase in travel intensity since Q1 2023, the index’s baseline year. Navan CFO Amy Butte…
As a restaurant owner, I enjoy sharing the rich flavors of my Cuban heritage with customers every day. Whether that’s making the world’s largest croqueta or serving the “hippest sip” of coffee in Miami, my small business is working overtime to compete in the quick-paced hospitality industry that is characterized by long hours and tight budget margins.But thanks to the recent passage of the One Big Beautiful Bill…
Many small companies have started to find new and creative ways to save time and money using artificial intelligence. A survey from 2024 found 69% of small businesses are using AI, up from 56% in 2023, according to Goldman Sachs 10,000 Small Businesses. The Goldman Sachs program helps “small business…
President Donald Trump praised the Treasury Department on Truth Social on Sunday for announcing it was suspending enforcement of the Beneficial Ownership Information (BOI) reporting requirement for U.S. citizens and domestic companies. The Biden-era initiative says you may be required to report certain information on your beneficial owners to the…
For Flags of Valor — a veteran-owned and operated business that has shipped more than 96,000 flags to doorsteps nationwide — the phrase “made in America” lies at the foundation of everything it stands for. “For over 10 years, we’ve been saying the same thing — we build American products,…
When 6-year-old Charli Johnson suggested starting a coffee business to her dad, T. Shane Johnson, he thought it would be a valuable teaching opportunity and a “great way” for them to spend time together. “It was just one of those kind of ‘aha moments’ as a dad,” T. Shane Johnson,…
Prior to launching PlantOGram – an American-made fruit tree gifting company – nearly two decades ago, gardening was solely a backyard hobby for husband-and-wife duo Mickey and Vicky Popat. The newlyweds at the time had purchased their first home, and developed a passion for growing fruit trees in their garden,…
An entrepreneur facing skyrocketing costs due to tariffs conducted an experiment to see whether customers would voluntarily pay more for a product made in America. “The result was, unfortunately, disappointing,” Ramon van Meer told Fox News Digital. “We sold zero ‘Made in the USA’ shower heads.”Van Meer, a self-described “serial…
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