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LARRY KUDLOW: Celebrating Ronald Reagan

Business

LARRY KUDLOW: Celebrating Ronald Reagan

We're here at the Reagan Library in Simi Valley, California for the inaugural meeting of the Reagan National Economic Forum. But first up, I believe it's necessary to celebrate the memory and the achievements of Ronald Reagan, who I believe was by far the most consequential president in the second half of the 20th century. And indeed, he will go down as one of the greatest presidents in U.S. history. Reagan […]

todayMay 29, 2025 3

What’s next for Tesla as Musk departs Trump White House

Business

What’s next for Tesla as Musk departs Trump White House

Tesla CEO Elon Musk on Wednesday announced that his time with the Trump administration as a special government employee has come to an end, and his departure will allow him to refocus his attention on the electric vehicle maker.Musk wrote in a post on X that he appreciated the opportunity to create the Department of Government Efficiency (DOGE) in his role as a special government employee, which was limited to 130 […]

todayMay 29, 2025 7

Popular home decor retailer prepares to file for bankruptcy: report

Business

Popular home decor retailer prepares to file for bankruptcy: report

At Home Group Inc., a home decor retailer headquartered in Texas, is reportedly preparing to file for Chapter 11 bankruptcy protection in the coming weeks as it works to strengthen its liquidity.The retailer — owned by private equity firm Hellman & Friedman — has faced a shortage of cash in recent months, exacerbated by the effects of U.S. tariffs and the global trade war, Bloomberg News reported.On May 15, At […]

todayMay 29, 2025 4

Hardee’s franchisee Paradigm sues over termination threats and tech fees

Business

Hardee’s franchisee Paradigm sues over termination threats and tech fees

A longtime Hardee’s franchisee and the fast-food chain are in the midst of a legal battle.Paradigm Investment Group, a franchise of over 25 years with more than six dozen Hardee’s restaurants across Alabama, Florida, Mississippi and Tennessee, hit CKE Restaurants Holdings-owned Hardee’s with a lawsuit in mid-April. In the lawsuit, the franchise claimed Hardee’s has "threatened to take Paradigm’s restaurants without justification for pennies on the dollar." Paradigm said it received a […]

todayMay 29, 2025 5

Mortgage rates rise for third straight week, hover near 7%

Business

Mortgage rates rise for third straight week, hover near 7%

Mortgage rates increased for the third straight week and continue to hover near the 7% level, 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 rose to 6.89% from last week's reading of 6.86%. It marked the highest level since Feb. 6, when the rate on a 30-year mortgage also averaged 6.89%.The average rate […]

todayMay 29, 2025 5

Less than half of DOGE-terminated contracts can be publicly tracked, only about a quarter of grants: watchdog

Politics

Less than half of DOGE-terminated contracts can be publicly tracked, only about a quarter of grants: watchdog

With Elon Musk's departure from the agency, there's debate roiling over how effective the Department of Government Efficiency's (DOGE), has been in its mission.In a report released just two days prior to Musk stepping down, financial watchdog Open The Books published a report finding it is likely impossible for the average American taxpayer to track the savings associated with the contracts and grants that were terminated by the DOGE team.According […]

todayMay 29, 2025 10

Labor Dept. to suspend Job Corps centers it says puts students in danger, cost taxpayers $1.7B

Politics

Labor Dept. to suspend Job Corps centers it says puts students in danger, cost taxpayers $1.7B

EXCLUSIVE: The Department of Labor is suspending operations of Job Corps centers across the nation after revelations that the program, which costs taxpayers more than $1.7 billion per year, is no longer achieving its intended outcomes and is putting students in danger. Job Corps originally was created to help young adults build a pathway to a better life through education and community. But Trump administration officials told Fox News Digital that an […]

todayMay 29, 2025 7

Leadership shake-up coming at ICE, Homeland Security Investigations, sources say

Politics

Leadership shake-up coming at ICE, Homeland Security Investigations, sources say

There will soon be a leadership shake-up within Immigration and Customs Enforcement (ICE) at the Department of Homeland Security, Fox News has learned.The changes include the retirement of Kenneth Genalo, who currently serves as acting executive associate director of ICE's Enforcement and Removal Operations (ERO), sources at the White House and ICE told Fox News. The sources also say that Robert Hammer, executive associate director of Homeland Security Investigations (HSI) […]

todayMay 29, 2025 5

Sen Ron Johnson suggests he may not run for re-election in 2028

Politics

Sen Ron Johnson suggests he may not run for re-election in 2028

GOP Sen. Ron Johnson of Wisconsin indicated that he does not want to run for a fourth Senate term, but he isn't ruling it out.Johnson, who is serving his third six-year Senate term, said during remarks at a Wednesday event hosted by the Milwaukee Press Club and WisPolitics.com that he learned from his run for a second term that "you can't say … never."In a 2022 Wall Street Journal piece, […]

todayMay 29, 2025 5