Business
Americans around the country are experiencing vastly different inflation rates depending on where they live in the U.S., with the latest inflation data showing that consumers in the Northeast and Midwest are facing more inflation than their peers around the country. The Labor Department released its inflation report for October on…
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…
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…
Millions of Americans have launched their own small businesses. In fact, there are a whopping 33.2 million small businesses in the country, according to the U.S. Chamber of Commerce’s report released in April 2023. Are you interested in joining the millions who have already stepped into the small business world? If…
Billionaire hedge fund manager Scott Bessent was all but certain to be named Treasury secretary in President-elect Trump’s new administration on Tuesday morning, but his appointment now hangs in the balance as another contender is making a last-ditch effort to land the job, FOX Business has learned. The contender —…
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…
Nearly three years have passed since NFL wide receiver Odell Beckham Jr. revealed he would receive his salary from the Los Angeles Rams in Bitcoin. His decision to veer away from getting paychecks in traditional currency raised some questions at the time. Beckham’s 2021 base salary of $1.25 million, along…
Kansas City Chiefs quarterback Patrick Mahomes threw his support behind the ongoing efforts to bring a WNBA expansion franchise to the city where he has spent his entire NFL career. Mahomes and wife Brittany are already co-owners of the Kansas City Current, a National Women’s Soccer League franchise. Members of…
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…
One pro-Trump tech CEO is taking his political engagement to the next level by seriously considering a congressional bid to fill New York Rep. Elise Stefanik’s seat when she joins the Trump administration in January. Sticker Mule CEO Anthony Constantino, who has been a staunch supporter of President-elect Donald Trump,…