Business

GameStop is investing in bitcoin.On Wednesday, the video game retailer disclosed an acquisition of 4,710 bitcoin.It marks GameStop’s first time buying the cryptocurrency following the company revising its investment policy to include bitcoin as a "treasury reserve asset."  The 4,710 bitcoin that GameStop bought had a value of $505 million as of Wednesday. GAMESTOP TO CLOSE ‘SIGNIFICANT NUMBER' OF STORES IN 2025, INVEST IN BITCOINThe purchase comes nearly two months after the […]

SpaceX’s Starship Flight 9 ended in failure — and it is not the company’s only one. Since its first launch in April 2023, SpaceX has seen a mix of failed and successful launches. While not every launch is a success, the company often says that "success comes from what we learn."SpaceX’s first Starship flight test started with success as the spacecraft cleared the orbital launch pad for the first time. However, […]

Crafts retailer Joann will close all remaining stores by the end of the week.A spokesperson for GA Group, which took control of Joann after it filed for bankruptcy protection in January, confirmed to FOX Business on Wednesday that Joann locations still currently open will shut their doors by the end of May. The number of Joann locations closing by May 31 totals over 440. Others have already shuttered, the spokesperson […]

Dollywood earned the title of "favorite theme park" in the country for the third straight year in 2024.That’s according to the National Amusement Park Historical Association’s (NAPHA) recently released yearly NAPHA Amusement Park Attractions Survey of its members.Dollywood’s first-place ranking for "favorite theme park" – one of a handful of categories that the survey looks at – for 2024 marked Dollywood’s latest instance of receiving the title, after notching it with […]

U.S. consumer confidence rose in May after five straight months of deterioration after a pause in higher tariff rates between the U.S. and China boosted optimism, though concerns about tariffs raising prices and hurting the economy remained.The Conference Board reported on Tuesday that its consumer confidence index rose by 12.3 points to 98 in May, well above the modest rise to 87 that was projected by economists polled by Reuters.Roughly […]

The Trump Media and Technology Group on Tuesday announced a $2.5 billion deal with institutional investors to create a bitcoin treasury.The company said in a release that the deal, which is expected to close by about Thursday, May 29, will feature a $1.5 billion stock issuance as well as $1 billion in convertible notes. The $2.5 billion deal is being carried out through a private placement offering and will finance the creation […]

Walt Disney World is offering families ways to beat the heat this summer with two new shows and limited-time offerings.The busy travel season when most kids are out of school brings some harsh weather for the central Florida parks, where the sweltering temperatures can take over early in the day, followed by complete washouts due to storms in the afternoons.In response, Disney has introduced "Cool Kid Summer." Each of the […]

McDonald’s spinoff CosMc’s is shuttering its five locations. The fast-food giant said Friday that the five stand-alone CosMc’s locations it operates will shut their doors starting in late June as part of the "next testing phase." "Building on the insights gained from the pilot standalone locations, CosMc’s-inspired flavors will be landing at McDonald’s as part of the upcoming US beverage test," McDonald’s also said. The announcement of the upcoming CosMc’s closures comes nearly a […]

President Donald Trump's threat to strip Harvard of billions in grants and give the money to trade schools is receiving praise from some trade enthusiasts who say it's time for the non-traditional college route to have its moment in the sun."Right now, homes in the United States are the most expensive they've ever been, and I can also personally attest to the fact that trade education and the skilled labor […]