Major grocery chain closes more stores, cuts jobs as post-merger fallout deepens

Albertsons is closing additional stores and cutting jobs nationwide as it works to stabilize operations following the collapse of its $24.6 billion merger with Kroger, intensifying pressure on the grocery chain. The Boise, Idaho-based company — which operates banners including Safeway, Vons and Pavilions — has announced a new round…

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Government shuts down again after Democrats revolt over DHS funding

NEWYou can now listen to Fox News articles! The federal government is shutting down for the second time in six months after Congress failed to reach an agreement on the yearly budget in time.The Office of Management and Budget (OMB) is expected to notify federal agencies to begin shutdown preparations…

Business leaders celebrate Trump’s Fed chair pick

President Donald Trump on Friday announced the nomination of Kevin Warsh to serve as the next chairman of the Federal Reserve following a lengthy deliberation process. Warsh, who previously served as a member of the Fed’s Board of Governors from 2006 to 2011, was under consideration for the chairman role when…

Are new cars becoming a luxury item in America?

Americans are increasingly getting priced out of the new car market as prices remain elevated.  The average transaction price for a new car in April 2025 was $48,422, slightly higher than average for the previous 12 months, according to Edmunds data, published June 2025. However, there is a significant price…

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