Business

Dolly Parton helped transform Pigeon Forge from a small mountain town into a global tourism destination, creating jobs, fueling local businesses and giving back to the East Tennessee community she called home, City Manager David Wear told FOX Business."Pigeon Forge and Dollywood kind of grew up together," Wear said. "After that, it really just took off and made a huge economic impact in our area."The country music icon died in […]

Venezuelan interim President Delcy Rodriguez on Saturday touted a "historic" oil agreement with the United States announced by President Donald Trump.Speaking during an evening address, Rodriguez celebrated the agreement, saying it would help revive Venezuela's economy. She said the deal would remain in effect for 25 years and initially target crude production of more than 1.5 million barrels per day while preserving the South American country's sovereignty over its natural […]

Beach towns in Delaware are attracting a growing number of retirees as the region emerges as an alternative destination to more prominent locations like Arizona and Florida, and it's straining local resources.A new report by Bloomberg notes retirees are flocking to Sussex County in southern Delaware, which has seen an influx of 40,000 new residents since 2020 with a growth rate of 17%, about five times the national average.The growth […]

A White House teleprompter operator who used advance access to President Donald Trump's speeches to bet on what the president would say has been ordered to pay nearly $173,000 and stop trading for three years, federal regulators announced Friday.The Commodity Futures Trading Commission (CFTC) said Gabriel Perez, Trump's teleprompter operator since 2016, misappropriated material, nonpublic information obtained through his government job to trade event contracts on Kalshi, a prediction market […]

Apple raised its streaming price for Apple TV on Friday, up from $12.99 to $14.99 per month or $119 a year when it used to cost $99.Apple also raised the price of its Apple One service, which combines Apple TV, as well as other services such as iCloud storage, Apple Music and Apple Arcade.Apple One is now $21.95 for an individual plan, up from $19.95.DISNEY SETTLEMENT COULD PAY YOUTUBE TV […]

Walmart has agreed to pay a $50 million settlement over allegations its pharmacies were illegally filling thousands of prescriptions for opioids and other controlled substances, according to the Department of Justice (DOJ) and Drug Enforcement Administration (DEA).The government complaint, first filed at the end of President Donald Trump’s first term and amended during former President Joe Biden’s term, accused Walmart of violating the Controlled Substances Act."Today’s settlement proves this department […]

President Donald Trump announced a major oil agreement with Venezuela Friday, saying the U.S. has secured majority control of more than 65 billion barrels of the country's proven oil reserves."The United States of America has just entered into an Agreement with the Country of Venezuela on, THE BIGGEST OIL DEAL IN WORLD HISTORY!" Trump wrote on Truth Social.Trump said the agreement was reached through Secretary of State Marco Rubio, Secretary […]

Federal Reserve Chair Kevin Warsh on Friday delivered his first keynote address at the annual Jackson Hole Symposium on monetary policy, outlining his views of the economy and his perspective on why he thinks the central bank's forward guidance should be reined in.Warsh emphasized that the Fed is focused on returning inflation to the central bank's 2% target, acknowledging that bringing the personal consumption expenditures (PCE) index to that level […]

From growing up poor and fatherless in a tough Italian neighborhood in Buffalo, New York, likened to that of the film "Goodfellas," to building a Burger King franchise empire in the mountainous West of Utah, John Gullo’s story is a quintessential example of the classic rags-to-riches tale.Yet for this entrepreneur-turned-philanthropist, the "riches" never equated to the money he made. Gullo innately knew early in life that it was about giving […]