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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Walmart is showing increased support for American-made products through its “Grow With US” initiative, a new program aimed at providing U.S. small business owners with the training, mentorship and resources they need to succeed. “Walmart is making it easier for U.S.-based entrepreneurs to navigate the complexities of retail and bring…
This story discusses suicide. If you or someone you know is having thoughts of suicide, please contact the Suicide & Crisis Lifeline at 988 or 1-800-273-TALK (8255). In celebration of the heroic and gallant actions of firefighters across the U.S. on International Firefighters’ Day, a former Los Angeles County fire…
Mother’s Day is one of the busiest holidays of the year for 1-800-Flowers.com. The company, headquartered in New York, expects to deliver 17.8 million stems for the occasion, including 6.9 million roses and 2.8 million tulips. “Delivering so many flowers in such a tight timeframe, as with the Mother’s Day…
RiserUnited, a newly founded online clothing company based out of Dallas, gives shoppers the opportunity to “wear their values” by selling patriotic apparel that honors the American flag. “We believe that when you rise for the flag, and you understand what the flag represents, it gives you a sense of…
The Dragon Bravo Fire is now the largest wildfire burning in the United States and the biggest ever recorded in the Grand Canyon area, according to the National Interagency Fire Center. Since it sparked over Fourth of July weekend, the U.S. Forest Service said the fire has burned more than…
Miami International Holdings, also known as financial markets exchange MIAX, raised over $345 million in its IPO Wall Street debut. Shares, which priced at $23, rose over 33% on the first day of trading and are listed on the New York Stock Exchange under the ticker MIAX.Ticker Security Last Change…
Mortgage rates fell to the lowest level of the year this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage fell to 6.58% from last week’s reading of 6.63%.The average rate on…
The projection for Social Security’s annual cost-of-living adjustment (COLA) for next year is getting higher, according to a new report. The Senior Citizens League on Tuesday released an update that showed its model now forecasts the 2026 COLA will be 2.7% as of July – an increase from its previous estimates…
Wholesale inflation increased much more than expected in July, raising concerns about a resurgence of inflationary pressures in the economy. The Bureau of Labor Statistics on Thursday released the producer price index (PPI) for the month of July, which showed an increase of 0.9% from the prior month and 3.3% from…
Four minutes or less. That is how long the Starbucks chief executive officer would like for it to take from order to drink in hand. The new operating model is called “Green Apron Service,” according to WGN. Starbucks CEO Brian Niccol said he believes it needs to become “the world’s greatest…
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