Sprinkles Cupcakes permanently closing all stores after 20 years in operation, founder says
Sprinkles Cupcakes, famous for its cupcake ATMs, is permanently closing all locations after 20 years in business, shocking customers and…
Business
Trump calls Fed chair Powell a ‘fool,’ threatens lawsuit over headquarters renovation
Trump accuses Fed Chair Jerome Powell of "gross incompetence" and threatens lawsuit over costly headquarters renovation project in latest attack…
IRS hands workers bigger tax break for business expenses in 2026
Gig workers get a tax break with higher mileage rates for 2026. The IRS increased business driving deductions to 72.5…
Elon Musk calls himself a ‘maker,’ slamming politicians like Bernie Sanders: ‘They take’
Business tycoon Elon Musk described himself as a "maker" in a post on X while blasting Independent Sen. Bernie Sanders…
Steak ’n Shake touts $2.50 ‘Patriot Milkshake’ to honor America’s semiquincentennial
Steak 'n Shake launches $2.50 'Patriot Milkshake' promotion for January with red, white and blue sprinkles celebrating America's 250th anniversary.…
Further rate cuts in question as Fed policymakers deeply divided over December cut, minutes show
Federal Reserve policymakers were split on December's rate cut decision, with multiple dissents revealing disagreements over inflation and labor risks.…
Tech billionaires threaten to flee California over proposed 5% wealth tax
Silicon Valley tech founders threaten to leave California over proposed 5% wealth tax on billionaires. The controversial measure could trigger…
Small business owners remain ‘cautiously optimistic’ heading into 2026 amid rising costs, labor challenges
Small business owners remain optimistic about 2026 growth despite inflation and labor challenges, with 80% expressing confidence in their outlook.…
US economy expected to grow faster in 2026 despite stagnant job market: Goldman Sachs
Goldman Sachs economists predict U.S. economic growth will accelerate to 2.6% in 2026, driven by tax cuts, reduced tariff drag…