Business

Brick by brick, regulation by regulation, America built its own housing crisis.Experts say the problem is cemented into the foundation of the U.S. housing system, a design flaw decades in the making.They point to three major forces doing the most damage: restrictive zoning, land-use barriers, and financial policies that have choked supply and pushed prices out of reach.TRUMP'S 50-YEAR MORTGAGE MAY BURDEN AMERICANS WITH MORE DEBT, EXPERTS SAY"There are just […]

Fast food giant Wendy’s plans to close hundreds of its U.S. stores next year as part of a broader effort to revive its domestic business, which has been under pressure from slowing sales.Interim CEO Ken Cook said during the company's earnings call on Friday that a "mid-single-digit percentage" of its 6,011 U.S. restaurants are expected to close next year. A mid-single-digit percentage is about 4% to 6%, which means the […]

Activist investor Sardar Biglari intensified his campaign against Cracker Barrel’s leadership, urging shareholders to vote against CEO Julie Felss Masino and board member Gilbert Dávila in the company’s upcoming annual meeting.Two major proxy advisory firms, Institutional Shareholder Services (ISS) and Glass Lewis, also urged shareholders to vote against one or more Cracker Barrel directors over concerns about performance and the company’s controversial August rebrand.ISS and Glass Lewis advised shareholders to […]

Baby nutrition company ByHeart is recalling all batches of its Whole Nutrition Infant Formula following a multi-state outbreak of infant botulism.Thirteen of the 83 cases of infant botulism reported across the United States since August 2025 involved infants who had consumed ByHeart-brand powdered infant formula, according to the Food and Drug Administration (FDA). All 13 affected infants were hospitalized, with cases reported in Arizona, California, Illinois, Minnesota, New Jersey, Oregon, […]

President Donald Trump suggested giving a $10,000 bonus to air traffic controllers who remain on the job through the government shutdown despite having their paychecks delayed.Trump floated the idea of rewarding controllers in a post on Truth Social on Monday, when he wrote, "All Air Traffic Controllers must get back to work, NOW!!! Anyone who doesn't will be substantially 'docked.'""For those Air Traffic Controllers who were GREAT PATRIOTS, and didn't take […]

Bank of America CEO Brian Moynihan says he’s ready to meet with New York City Mayor-elect Zohran Mamdani to discuss the city’s future as competing states try to court concerned business owners away from the Big Apple."Now that a mayor is in office, whether it's this city or any other city, we have an obligation as a company to work with him to try to make the city successful," Moynihan […]

Provalus, an IT and customer service company, is onshoring jobs in rural America while its rivals continue to hire thousands of jobs abroad.While some companies look at medium and large cities to grow in, Provalus is doing the opposite, even if it's more expensive to operate. The company is searching for communities of 5,000 to 15,000 people that have seen disinvestment.Jobs in rural communities often revolve around agriculture or manufacturing. […]

Economists are warning that President Donald Trump’s proposed plan to ease mortgage costs could saddle millions of Americans with longer-term debt, a short-term relief that may carry a lifetime price tag.Over the weekend, Trump floated the idea of a 50-year mortgage in a Truth Social post. Bill Pulte, the director of the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, confirmed in a separate post that the […]

Williams Companies announced Monday they have been granted the clean water permits they need for their Northeast Supply Enhancement (NESE) Pipeline Project.  After three rejections, New York and New Jersey finally granted permission for the $1 billion underwater pipeline that will expand the delivery of natural gas from Pennsylvania to the New York City area, adding enough capacity to power over 2 million homes. CEO Chad Zamarin told "The Claman Countdown" he […]