Business

California’s self-inflicted economic wounds have reached a fever pitch in 2026. Strapped with record-high gas prices, a staggering $31 billion transit deficit and a radical billionaire wealth tax heading to the ballot this November, the Golden State is witnessing an unprecedented mass migration.It is no longer just a working-class flight; California’s elite are actively being courted by pro-business states, prompting luxury billboards to tell Angelenos they should "move to Miami, where […]

Burger King is bringing back its Crown Nuggets for the first time in 15 years, reviving a nostalgic menu item that fans have repeatedly pushed the fast-food chain to restore.The crown-shaped chicken nuggets will return to Burger King restaurants nationwide starting June 2 and will be available while supplies last, the Miami-based company announced this week. The rollout marks the first time the nuggets have appeared on menus since 2011."We’ve […]

Americans are voting with their feet, leaving high-tax blue states for lower-cost, Republican-led states and reshaping the nation’s economic and political map, according to new Census Bureau data.As states battle for residents and businesses, low-tax red states are attracting jobs, investment and population growth. Democratic-led states continue relying on higher taxes to fund public services and social programs, even as companies and wealthy residents move elsewhere.With affordability set to dominate […]

When Javier Milei entered the race to be Argentina’s president, 108 notable economists said his policies could be a disaster. Three years later, the maverick president continues to prove them wrong.As Argentina’s new president in December 2023, Milei faced an ailing economy due to corruption, inflation, excessive money printing and a bloated government. At that time, inflation was running at 211%, and exports were just $5 billion for the month. […]

A frozen cheese bread product sold at Costco is being recalled over concerns it could be contaminated with salmonella, prompting the retailer to notify customers who purchased the affected items.Champion Foods LLC announced a voluntary recall of certain batches of Motor City Pizza Co. 5 Cheese Bread after learning that an ingredient supplier had recalled milk powder because of a potential salmonella contamination concern.According to the company, the recalled milk […]

ExxonMobil's Senior Vice President Neil Chapman issued a stark warning to the public that energy prices may explode upwards in the coming weeks on the same day his company's board approved moving the company's corporate structure from New Jersey to Texas. Speaking at the Bernstein Conference in New York on Thursday, Chapman warned that crude oil prices could go as high as $160 per barrel in the coming weeks as dwindling […]

A lounge chair sold on Amazon.com is being recalled after a customer lost a finger while adjusting it, officials said.The chair, made by the company Giantex, poses an "amputation risk" when consumers place their fingers in a pinch point when adjusting the chair, the U.S. Consumer Product Safety Commission (CPSC) said in a notice.WHOLE FOODS MINESTRONE SOUP RECALLED IN 17 STATES OVER POSSIBLE LIFE-THREATENING ALLERGIC REACTIONAround 1,155 units are subject […]

Treasury Secretary Scott Bessent said the Iranian economy is nearing a breaking point Friday, while announcing that the U.S. has seized roughly $1 billion in Iranian cryptocurrency assets."We have seized about a billion dollars of their crypto," he told FOX Business. "Just outright grabbed the wallets."Joining "Kudlow" at the Reagan National Economic Forum, Bessent detailed the United States’ economic pressure campaign on Iran, known as "Operation Economic Fury," which he said […]

People may forget that Scott Bessent is probably the strongest wartime Treasury secretary going all the way back, at least to World War II. Through his Economic Fury campaign, he has slowly but surely turned off Iran’s monetary and economic spigots.Not only the blockade of Iranian ports, which has stopped their oil sales and revenues, but also his putting an end to their shadow banking system through aggressive use and […]