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Category: Business

Spirit Airlines cuts routes, rivals pounce as budget carrier faces bankruptcy turbulence
Business

Spirit Airlines cuts routes, rivals pounce as budget carrier faces bankruptcy turbulence

September 4, 2025

Spirit Airlines will cut several routes in October amid bankruptcy proceedings while United and Frontier airlines announced new flights to…

Mortgage rates tumble to lowest level since October 2024
Business

Mortgage rates tumble to lowest level since October 2024

September 4, 2025

The average rate on the 30-year fixed mortgage fell this week to 6.5%, according to the latest Freddie Mac data…

Trump posts AI video dancing with Cracker Barrel’s ‘old timer’ after company reverses logo change
Business

Trump posts AI video dancing with Cracker Barrel’s ‘old timer’ after company reverses logo change

September 4, 2025

Trump posted an AI-generated video mocking Cracker Barrel's controversial logo rebranding effort that removed the "old timer" before the company…

New Paramount CEO David Ellison issues ultimatum to workers: Return to office full-time or leave
Business

New Paramount CEO David Ellison issues ultimatum to workers: Return to office full-time or leave

September 4, 2025

David Ellison ordered Paramount staff back to full-time office work, citing collaboration needs, while providing severance packages for those unable…

LARRY KUDLOW: The economy is doing better than you think
Business

LARRY KUDLOW: The economy is doing better than you think

September 4, 2025

Don't hang your hat on tomorrow's jobs report, the economy is doing better than you think ...

TSA screens record number of travelers over Labor Day weekend as air travel soars
Business

TSA screens record number of travelers over Labor Day weekend as air travel soars

September 3, 2025

Labor Day weekend saw record airport travel, with 10.4 million passengers screened, as TSA implements new policies including ending the…

Treasury Department releases official list of jobs eligible for ‘no tax on tips’ deduction
Business

Treasury Department releases official list of jobs eligible for ‘no tax on tips’ deduction

September 3, 2025

President Donald Trump's "no tax on tips" policy covers eight industry categories, including food service, entertainment, hospitality and personal services…

McDonald’s CEO warns of ‘two-tiered economy’
Business

McDonald’s CEO warns of ‘two-tiered economy’

September 3, 2025

McDonald’s CEO Chris Kempczinski warned of a "two-tier economy" as the company reintroduced its Extra Value Meals to draw budget-conscious…

Salesforce cuts 4,000 jobs due to AI, CEO says
Business

Salesforce cuts 4,000 jobs due to AI, CEO says

September 3, 2025

Salesforce CEO Marc Benioff said AI automation helped the software company cut its customer support headcount from 9,000 to 5,000…

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Crypto World

1
Cryptocurrency

Crypto Biz: Bank stablecoins get a rulebook; Bitcoin gets a land grab

December 19, 2025

Washington is inching closer to putting bank-issued stablecoins on a clearer regulatory track. This week, the Federal Deposit Insurance Corp. (FDIC), the US agency that oversees bank safety and insures deposits, laid out a proposed…

2
Cryptocurrency

Blockchain Association says no to expanding stablecoin yield prohibition

December 19, 2025

The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and…

3
Cryptocurrency

Pro-crypto US Senator Lummis won’t seek reelection in 2026

December 19, 2025

Wyoming Senator Cynthia Lummis, one of the most outspoken advocates for digital assets in the current session of the US Congress, will leave office in 2027.In a Friday X post, Lummis announced that she would…

4
Cryptocurrency

SEC confirms years-long director bans for former Alameda, FTX executives

December 19, 2025

Former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh will be barred from assuming company leadership roles for eight to 10 years following a court judgment.In a Friday notice,…

Economy

Economy

Oracle stock jumps 7% as cloud provider joins investor group to run TikTok’s U.S. business

December 19, 2025
Economy

Musk’s $56 billion Tesla pay package must be restored as court rules cancellation was too extreme

December 19, 2025
Economy

NY Fed President Williams says some ‘technical factors’ distorted November’s CPI reading downward

December 19, 2025
Economy

Epstein files released by DOJ

December 19, 2025
Economy

Nine of the largest pharma companies ink deals with Trump to lower drug prices

December 19, 2025
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