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Something unusual is happening at Dollar Tree: The discount retailer said this week that of the 3 million new households that shopped its stores in the third quarter, approximately 60% of those new customers came from households earning more than $100,000 a year. The trend underscores a deepening split in the American economy. While cumulative … Read more
McDonald’s CEO said combo meals at one of the world’s largest fast food chains were too expensive earlier this year, teeing up a rollout of cheaper deals for cash-strapped customers. But online, consumers aren’t biting. Earlier this month, McDonald’s promoted a limited-time $8 10-piece chicken McNugget value meal for November. But under the company’s Nov. … Read more
Moody’s Analytics chief economist Mark Zandi lamented what could’ve been, if President Donald Trump hadn’t waged war on trade and immigration. In a social media post on Sunday, he noted that prices have surged since the pandemic and are continuing to climb at an “uncomfortably quick pace,” with the country now suffering an affordability crisis. … Read more
NEWYou can now listen to Fox News articles! EXCLUSIVE: The Democratic Congressional Campaign Committee (DCCC) chair says Democrats will keep their focus squarely on affordability as they aim to “take back those gavels” by capturing the House majority in next year’s midterm elections. House Democrats need to flip just three GOP-held seats in 2026 to … Read more
New York City Mayor-elect Zohran Mamdani said Thursday that he’s “not concerned” his upcoming meeting with President Donald Trump could be a political trap, vowing instead to center the Oval Office sit-down on how they could work to make the city more affordable. Mamdani, a 34-year-old democratic socialist, is set to travel to Washington for a meeting … Read more
President Donald Trump ’s veneer of political invulnerability has begun to crack as he struggles to find his footing on Americans’ concerns about affordability and fails to extinguish a push by renegade Republicans to release more files from the Jeffrey Epstein case. The twin challenges, coming shortly after Democratic victories in recent elections and before next year’s midterm campaigns that will determine … Read more
New York City Mayor-elect Zohran Mamdani said Monday that he hopes to meet with President Donald Trump to find ways the political polar opposites can work together on the central focus of his winning campaign: affordability. At an appearance at a food pantry in the Bronx, the Democrat confirmed that his team had reached out to the White House to set … Read more
Price controls are literally a textbook example of a policy that creates market inefficiency, but an economist sees some merit in them as voters delivered victories to Democrats who promised to hold the line on the cost of living. Zohran Mamdani, who vowed to freeze rent, won the race for New York mayor, and Mikie … Read more
Amazon’s budding satellite internet program is no longer called Project Kuiper. It is now known simply as “Leo.” The name change comes as the company appears to be shifting its focus from “unserved or underserved” communities to securing larger commercial contracts. The satellite network has been in the works since 2019 and, as Amazon tells … Read more
Almost two weeks after Republicans lost badly in elections in Georgia, New Jersey, Pennsylvania and Virginia, many GOP leaders insist there is no problem with the party’s policies, its message or President Donald Trump’s leadership. Trump says Democrats and the media are misleading voters who are concerned about high costs and the economy. Republican officials aiming to avoid another defeat in next fall’s … Read more
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