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Browsing: Business

Business

Sprinkles Cupcakes permanently closing all stores after 20 years in operation, founder says

Sprinkles Cupcakes, the bakery chain best known for its cupcake ATMs, is permanently closing all of its stores.Candace Nelson, the company's founder a...

Business

Jeff Bezos and Lauren Sánchez Bezos celebrate holidays with luxury trips to Aspen and St. Barts

Jeff Bezos and his wife Lauren Sánchez Bezos celebrated the holidays in high style, splitting time between Aspen and St. Barts.The Amazon founder, 61,...

Business

Palantir CEO Alex Karp nabs Aspen-area ranch for $120M

Palantir CEO Alex Karp bought Colorado's St. Benedict's Monastery, once home to Trappist monks, for a hefty $120 million. The Aspen-area ranch will be...

Business

Nearly half of Americans feel financially behind as 2025 comes to a close, poll shows

Nearly half of Americans say they feel they are falling behind financially as inflation continues to strain household budgets, according to a new Fox...

Business

Court rules Trump administration must fund consumer finance watchdog

A federal judge ruled on Tuesday that the Trump administration is legally required to secure funding for the U.S. Consumer Financial Protection Bureau...

Business

Mortgage rates hit 2025 low as homebuyers catch a break

Homebuyers can usher in 2026 with a little relief as mortgage rates fell to the lowest level of 2025 in the final report of the year. Freddie Mac's la...

Business

Trump narrows Fed chair picks, January decision expected

Ahead of the New Year's holiday, President Donald Trump said he will make a decision on who he wants to lead the Federal Reserve by January. Current C...

Business

Duffy says California does not have extension on deadline to cancel foreign nationals' trucker licenses

Secretary of Transportation Sean Duffy said on Tuesday that the California Department of Motor Vehicles does not have an extension to the deadline for...

Business

Boeing secures $8.6B contract to build fighter jets for Israel's Air Force

Boeing was awarded a nearly $8.6 billion contract to build 25 new F-15A aircraft for the Israeli Air Force, according to the Pentagon.The contract was...

Business

Further rate cuts in question as Fed policymakers deeply divided over December cut, minutes show

Federal Reserve policymakers were deeply divided over the decision to cut interest rates at their meeting in December as the U.S. economy faces a chal...

Business

Steak ’n Shake touts $2.50 ‘Patriot Milkshake’ to honor America's semiquincentennial

Steak ’n Shake is offering a $2.50 "Patriot Milkshake" throughout January, promoting the discount as an early nod to America’s 250th anniversary, acco...

Business

Elon Musk calls himself a 'maker,' slamming politicians like Bernie Sanders: 'They take'

Billionaire business tycoon Elon Musk described himself as a "maker" in a Tuesday post on X, while reasserting his claim that Sen. Bernie Sanders, I-V...