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Economist warns coming financial crisis will make 2008 look like ‘Sunday school picnic’

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Economist warns coming financial crisis will make 2008 look like ‘Sunday school picnic’

As gold prices keep rising, American economist Peter Schiff says investors should view the rally as more than a hedge — calling it a warning that inflation is speeding up, the U.S. dollar is losing global trust and a major economic reckoning may be near."Gold and silver are warning about a bigger crisis that's gonna hit either later this year or maybe next year. We are headed for a U.S. […]

todayJanuary 28, 2026

Restaurant giant files for bankruptcy under massive debt shortly after touting major expansion

Business

Restaurant giant files for bankruptcy under massive debt shortly after touting major expansion

Restaurant franchiser FAT Brands, which owns popular fast-casual chains including Fatburger, Johnny Rockets and Twin Peaks, has filed for bankruptcy amid a mounting debt of roughly $1.3 billion.The California-based company, which oversees 18 restaurant brands with more than 2,200 locations worldwide, filed for Chapter 11 bankruptcy in Texas on Monday.Its subsidiary, Texas-based Twin Hospitality Group, which spun off from FAT Brands in 2025 primarily to operate the Twin Peaks sports […]

todayJanuary 27, 2026 1

LARRY KUDLOW: Why not obey the laws?

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LARRY KUDLOW: Why not obey the laws?

President Trump was in Iowa today riffing about closing the border, safety and law and order in the country, including by the way, Minnesota, reminding everyone that "even in Minnesota, the crime is down. And you know why? Because of what we did. We took out thousands of criminals, career criminals, bad criminals, people that came in from Venezuela."And he’s also speaking about the Trump boom. Even today, the S&P […]

todayJanuary 27, 2026

Chinese-made teething toys sold on Amazon recalled over fatal choking risk

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Chinese-made teething toys sold on Amazon recalled over fatal choking risk

More than 6,000 teething toys sold on Amazon are being recalled after federal safety regulators linked the products to dozens of choking incidents, including reports that raise concerns about severe injury and potentially fatal outcomes.The Consumer Product Safety Commission (CPSC) announced the recall of approximately 6,800 Yetonamr pull-string teething toys, citing violations of mandatory toy safety standards.According to the agency, the silicone pull strings on the toys are smaller than […]

todayJanuary 27, 2026 1

Meta blocks controversial site that allegedly published thousands of DHS employee names

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Meta blocks controversial site that allegedly published thousands of DHS employee names

Meta is blocking users from sharing links to a controversial website called "ICE List," which allegedly published thousands of names of Department of Homeland Security (DHS) employees, including immigration enforcement agents.The site, created in 2025, claims to "document federal immigration enforcement, preserve evidence and maintain a public record for accountability." However, critics claim the document dump could be considered doxxing.JD VANCE SHARES ‘CRAZY' STORY OF ICE AND CBP OFFICERS BEING MOBBED […]

todayJanuary 27, 2026 1

Fed expected to pause rate cuts after 3 straight reductions amid uncertainty over jobs, inflation

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Fed expected to pause rate cuts after 3 straight reductions amid uncertainty over jobs, inflation

Federal Reserve policymakers are expected to hold interest rates steady when they conclude their first meeting of the new year on Wednesday, as central bank officials look to navigate stubborn inflation and a softening labor market.The central bank's monetary policy panel, the Federal Open Market Committee (FOMC), is expected to leave the Fed's benchmark federal funds rate target unchanged at a range of 3.5% to 3.75%. It would be the […]

todayJanuary 27, 2026

Trump expected to reveal more about ‘Trump accounts’ for newborns – here’s what we know

Business

Trump expected to reveal more about ‘Trump accounts’ for newborns – here’s what we know

President Donald Trump is expected to share more details Wednesday about the proposed "Trump accounts," an initiative that would provide newborns with a government-backed savings program.Alongside Treasury Secretary Scott Bessent, Trump will offer updates on the program, which was tucked into his landmark One Big Beautiful Bill Act.The accounts are designed to function much like traditional long-term investment vehicles, but with rules specifically intended to protect young savers. To kick-start […]

todayJanuary 27, 2026 2

McDonald’s doubles down on value: $5 meals, Snack Wrap revival fuel franchise rebound

Business

McDonald’s doubles down on value: $5 meals, Snack Wrap revival fuel franchise rebound

After a year of sticker shock at the drive-thru, McDonald’s appears to be regaining favor with American consumers.By abandoning higher-priced menu experiments and returning to its "old-school" $5 meal deals — including the long-awaited return of the Snack Wrap — the fast-food giant has surged back into the Top 10 of Entrepreneur’s Franchise 500 list, sending a message that in 2026, value remains king.McDonald’s ranked No. 10 on Entrepreneur’s annual […]

todayJanuary 27, 2026 2

Bessent says Trump tax cuts could mean ‘substantial refunds’ for working Americans in 2026

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Bessent says Trump tax cuts could mean ‘substantial refunds’ for working Americans in 2026

Treasury Secretary Scott Bessent said Americans could see "substantial refunds" and bigger paychecks as President Donald Trump’s economic agenda begins delivering results in 2026. Bessent’s comments come as tax filing season opens nationwide. Key provisions of the administration’s One Big Beautiful Bill Act are now being reflected for the first time in a tax filing season since Trump returned to office."President Trump's policies that we put in place last year are […]

todayJanuary 27, 2026