Business

North Carolina residents could face winter without heat

Certain residents in North Carolina’s Avery and Mitchell counties are at risk of facing winter without the ability to heat their homes, after Hurricane Helene dismantled the area’s only kerosene station.  Rhonda Jean Kowald and her nonprofit, the Western Carolina Emergency Network, stepped up to help deliver heating fuel to…

Credit card debt surges to another record high, New York Fed data shows

Americans’ credit card debt continues to climb, hitting a fresh record at the end of September, according to a new report from the New York Federal Reserve. Total credit card debt rose to $1.17 trillion during the third quarter, an increase of $24 billion from the previous quarter, according to…

Spirit prepares for bankruptcy filing after failed Frontier talks: report

Spirit Airlines is reportedly planning to file for Chapter 11 bankruptcy protection after its latest attempt to merge with Frontier Airlines fell through.  This marks the second failed merger in less than two years, leaving Spirit facing significant financial challenges. The ultra-low-cost carrier has been struggling to recover from mounting…

FBI reportedly raids Polymarket CEO’s home after betting platform predicts Trump win: ‘Political retribution’

The FBI reportedly raided the Manhattan home of Polymarket CEO Shayne Coplan early Wednesday morning after the election betting platform correctly predicted Donald Trump’s victory in the 2024 presidential race last week.  A spokesperson for Polymarket called it “obvious political retribution by the outgoing administration against Polymarket for providing a…

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