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Consumer confidence plummeted to record low this month, study reveals — though spending shows a glimmer of hope
Consumer confidence across the United States plunged to an all-time low this month, as Americans grapple with anxiety over the war in Iran, new data revealed. The University of Michigan’s long-running Survey of Consumers tracks how Americans feel about the...
We survived the death of the penny — the nickel could be nixed next, experts say
“If only I had a nickel” could take on a brand-new, more wistful meaning. The death of the penny — which President Donald Trump ordered late last year after the coin began to cost approximately four times more to make than it’s actually worth in US currency —...
Lawsuit brewing against Trader Joe’s over coffee’s caffeine label
Beloved grocery chain Trader Joe’s is facing a new lawsuit from a group of customers who are alleging there is not enough caffeine in their coffee. A lawsuit was filed in the Central District of California against the Monrovia, California-based chain on...
SiriusXM Said to Be in Early Talks to Acquire iHeartMedia
SiriusXM is in early-stage discussions to acquire iHeartMedia, a deal that would create an audio giant with a foothold in traditional and satellite radio and podcasts, two people familiar with the discussions said Friday.Should a deal come to fruition, it would...
James Dolan’s Sphere mints cash as Vegas mega-venue tops world in ticket sales
The Sphere, the Las Vegas-based orb that Madison Square Garden boss James Dolan spent $2.3 billion to build, is now the world’s highest-grossing entertainment venue — defying initial doomsday predictions from naysayers. Last year alone, some 1.7 million people...
Mamdani doubles down on Ken Griffin attack despite Citadel’s threat to pull $6 billion NYC project
He has Zo regrets! Mayor Zohran Mamdani was remorseless Friday about dragging billionaire Ken Griffin in a viral video promoting a new, proposed pied-á-terre tax. Hizzoner dodged when asked if he had any regrets about calling out Griffin specifically in the...
Tesla’s Cybercab robotaxi has entered production, Elon Musk says
Elon Musk confirmed that Tesla has “started production” of its self-driving Cybercab – a long-promised project that the billionaire has billed as key to the company’s long-term turnaround. Splashy promotional videos that Musk and Tesla shared Thursday on X...
Job creators should be exempt from Mamdani and Hochul’s pied-à-terre tax, business leader says
City business leaders are scrambling to offer socialist Mayor Zohran Mamdani a compromise to his planned tax on luxury second homes after one of the prime targets of his proposal — Ken Griffin of the Citadel investment empire — suggested he may reverse a major...
Mamdani and Hochul’s pied-à-terre tax would bring tsunami of legal battles over NYC property values, experts say
Mayor Zohran Mamdani and Gov. Kathy Hochul’s controversial proposal for a pied-à-terre tax in New York City could bring a wave of legal battles from wealthy New Yorkers avoid new levies, according to experts. The Dems last week announced a new tax on luxury...
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