ThemusicalG

We're here at the Reagan Library in Simi Valley, California for the inaugural meeting of the Reagan National Economic Forum. But first up, I believe it's necessary to celebrate the memory and the achievements of Ronald Reagan, who I believe was by far the most consequential president in the second half of the 20th century. And indeed, he will go down as one of the greatest presidents in U.S. history. Reagan […]

Tesla CEO Elon Musk on Wednesday announced that his time with the Trump administration as a special government employee has come to an end, and his departure will allow him to refocus his attention on the electric vehicle maker.Musk wrote in a post on X that he appreciated the opportunity to create the Department of Government Efficiency (DOGE) in his role as a special government employee, which was limited to 130 […]

At Home Group Inc., a home decor retailer headquartered in Texas, is reportedly preparing to file for Chapter 11 bankruptcy protection in the coming weeks as it works to strengthen its liquidity.The retailer — owned by private equity firm Hellman & Friedman — has faced a shortage of cash in recent months, exacerbated by the effects of U.S. tariffs and the global trade war, Bloomberg News reported.On May 15, At […]

A longtime Hardee’s franchisee and the fast-food chain are in the midst of a legal battle.Paradigm Investment Group, a franchise of over 25 years with more than six dozen Hardee’s restaurants across Alabama, Florida, Mississippi and Tennessee, hit CKE Restaurants Holdings-owned Hardee’s with a lawsuit in mid-April. In the lawsuit, the franchise claimed Hardee’s has "threatened to take Paradigm’s restaurants without justification for pennies on the dollar." Paradigm said it received a […]

Mortgage rates increased for the third straight week and continue to hover near the 7% level, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage rose to 6.89% from last week's reading of 6.86%. It marked the highest level since Feb. 6, when the rate on a 30-year mortgage also averaged 6.89%.The average rate […]