Business

The more I think about this outrageous, stupid, and pointless Schumer shutdown, the more I can see that this never had anything to do with Obamacare, or healthcare, or anything like that. This had to do with pathetic Democratic attempts to sabotage the booming Trump economy and the extraordinarily successful Trump Presidency. That’s what they were doing. Political sabotage. And it backfired badly, probably ending Chuck Schumer’s career. And who […]

Sonder announced Monday it is immediately winding down operations and plans to file for bankruptcy, just one day after Marriott International terminated its licensing agreement with the hospitality company.The short-term rental operator, which offers apartment-style accommodations and boutique hotel stays, said it intends to file for Chapter 7 bankruptcy protection amid "severe financial constraints" linked to challenges integrating its systems with Marriott International."Unfortunately, our integration with Marriott International was substantially […]

Disney's ongoing carriage dispute with YouTube TV is costing the entertainment giant tens of millions of dollars per week, according to an analysis by a Wall Street leader.YouTube TV customers have lost access to ABC and ESPN amid the dispute with Disney, the parent company of those media brands, with the blackout entering its 13th day on Wednesday.An analysis by Morgan Stanley estimated in a research note released Sunday that the impact […]

With grocery budgets still under pressure, consumers can still stretch their dollars and keep holiday meal costs down, according to Wells Fargo’s latest Thanksgiving report.The report led by chief agricultural economist Michael Swanson estimated that shoppers who choose all private-label items for their Thanksgiving meal will spend about $80 for a feast serving 10 people. Those who stick to name brands will pay nearly $100, according to the report, which […]

From new factories to bigger paychecks, Treasury Secretary Scott Bessent says the year ahead will be a "blockbuster," promising relief for American wallets."I say that you are going to feel it," Bessent said Wednesday on the Fox News Channel."I was just down in my hometown of Charleston, South Carolina on Friday, and this new Boeing plant is opening up. That's 1,000 new jobs that the president has brought back."Bessent also […]

Congress is expected to end the 42-day government shutdown Wednesday, but don’t expect air travel to bounce back overnight.Travel disruptions could linger for nearly a week even after air traffic controllers return to work, Elevate Aviation Group CEO Greg Raiff told Fox News Digital. Transportation Secretary Sean Duffy also cautioned Friday on Fox News that it may take several days to a week for controllers to return to their posts […]

Cryptocurrency exchange Coinbase announced Wednesday that it will reincorporate itself in Texas, becoming the latest company to move its business registration out of Delaware.Coinbase announced the move in a regulatory filing, which said a majority of its stockholders voted to approve the company's reincorporation in Texas.Texas has become an increasingly popular destination for U.S. corporations to register their businesses with its favorable business environment, friendlier tax rules, lighter regulatory regimes and […]

F&F Fine Wines International Inc., a U.S.-based importer and distributor of premium wines, recalled more than 900,000 bottles of Kirkland prosecco after Costco warned customers that unopened bottles could spontaneously shatter.The recall involves certain glass bottles of Kirkland Signature Valdobbiadene Prosecco DOCG, which "can break or shatter, posing a laceration hazard," according to the Consumer Product Safety Commission (CPSC). F&F Fine Wines, which does business under the name Ethica Wines, issued […]

Since the April bottom that followed some tariff confusion, the Dow Jones is up 27%, NASDAQ up 53%, and S&P up 37%. We don’t have a lot of official numbers because of the government shutdown, but I’m gonna go by the huge stock market performance. It’s telling us there’s a boom ahead. We may already be in it. And it’s backed up by Trumpian economic policies. And it’s also telling […]