Florida restaurateur on Helene: ‘It’s an absolute gut punch’

Café L’Europe, one of the oldest buildings in St. Armands Circle, in Sarasota, Florida, has been flooded four times in the past 18 months. “That last one from Helene completely wiped out the restaurant. Every piece of equipment is ruined… It was gut-wrenching,” John Horne, CEO of Oysters Rock Hospitality,…

Lowe’s aids small businesses hammered by hurricanes ahead of holidays

Lowe’s plans to provide millions in financial support to small businesses in North Carolina that were hit hard by Hurricane Helene, helping them recover during the holiday season after federal relief temporarily dried up. The $2.5 million fund will provide grants directly to small businesses in the state. It will…

Prince George’s County council limits convenience store density

The Prince George’s County council in the state of Maryland recently voted 10-0 in favor of enacting a measure limiting how densely convenience stores can be packed together in the area. Council Member Krystal Oriadha said in October that there is a problem with “overconcentration” of the stores.”They call themselves…

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More craft beer breweries are shutting down than opening up

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…

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Compass sues Zillow for alleged monopoly power over real estate listings

One of the largest U.S. residential real estate brokerage firms is taking on real estate giant Zillow over “consumer choice.” On Monday, real estate brokerage Compass filed a 60-page complaint in Manhattan federal court, claiming that Zillow is improperly refusing to list homes on its site that were first listed…

US energy production counters Iran’s threats to close Strait of Hormuz

Iran threatened to attempt to close one of the world’s most important shipping lanes for oil in response to the U.S. joining Israel in attacking Iranian nuclear facilities, but U.S. energy production would limit the impact of such a move on the American economy. Iranian state media suggested the country’s parliament…

Gas prices wouldn’t spike if Iran closes Strait of Hormuz: GasBuddy expert

GasBuddy’s head of petroleum analysis spoke with Fox News Digital about rising concerns that gas prices will skyrocket after President Donald Trump ordered a strike on Iranian nuclear facilities over the weekend and the Middle Eastern nation weighs shutting down the critical Strait of Hormuz. Patrick De Haan told Fox that…

US dollar falls after Fed governor signals possible July interest rate cuts

The U.S. dollar experienced a volatile trading day on Monday in the wake of the U.S. joining Israel in attacking Iran’s nuclear facilities. The dollar strengthened during the Monday morning trading session, rising as much as 0.71% as investors flocked to the greenback, reaching its highest level since May, according to…

What is the Strait of Hormuz and how does it impact the global economy?

Iran has warned that it may attempt to close the Strait of Hormuz to shipping traffic in retaliation for the U.S. joining Israel’s strikes on Iranian nuclear facilities. The Iranian government is mulling retaliatory actions, including the potential closure of the Strait of Hormuz, a vital shipping lane for global energy supplies.…

Kroger to close dozens of stores before 2027

U.S. grocer Kroger is planning to close dozens of stores by the end of next year. The massive Cincinnati-based grocery store chain made the announcement on Friday. It operates thousands of supermarkets and pharmacies across the nation and is planning to close 60 stores in the next 18 months, a…

Bourbon Steak at Disney World Swan and Dolphin enforces upscale dress code

A new steakhouse coming to Walt Disney World Swan and Dolphin is going to require guests to change out of their typical resort attire. Bourbon Steak by Michael Mina started accepting reservations last week, and its website makes clear that guests may need to change if they spent the day…

Oil prices expected to rise after U.S. attacks on Iranian nuclear sites

The global oil market is a point of major focus after the U.S. attacked three key Iranian nuclear sites on Saturday night. Oil prices are expected to rise following what President Donald Trump called “a spectacular military success” in which, he said, Iran’s nuclear enrichment facilities had been “obliterated.” Trump…