Luxury watch dealer who bought Trump sneakers for $9,000 stomps ‘Russian oligarch’ narrative
Luxury watch dealer Roman Schaaf paid $9,000 for a pair of “Never Surrender” high-top sneakers signed by former President Donald Trump at Sneaker Con in Philadelphia on Saturday. After securing the limited-edition, now-sold-out shoes at auction, Scharf came under intense media scrutiny. Despite immigrating to the US as a teenager and reportedly serving in the […]
Consumers bought more secondhand items in 2023, but major purchases are back for 2024
When consumers made purchases at retail stores, the majority chose second-hand products. (iStock) In response to rising inflation, consumers drastically changed their spending habits in 2023, cutting back and saving money each month. Non-essential retail purchases were made first, with 60% of consumers avoiding retail spending last year. PYMNTS study reveals. Used goods have become […]
Investors bought record share of low-priced housing in fourth quarter: Report
Investors bought more than a quarter of affordable homes in the fourth quarter of 2023, as mortgage rates and home prices remained well above pre-pandemic baselines. Investors bought 26.1% of affordable homes in the U.S. in the fourth quarter, a record high, according to real estate data firm Redfin. The company defines affordable housing as […]
Elon Musk bought Twitter after then-CEO refused to ban billionaire’s jet tracking account: book
Chief Twit just might be worthy of that title! In his recent book, Battle for the Bird, he claims that Elon Musk began buying Twitter after rejecting former CEO Parag Agrawal’s demands to shut down @ElonJet. The account, run by Jack Sweeney, uses public information to track Mr. Musk’s private jet, causing distress to the […]
Donald Trump getting ‘bought out’ as he defends Bud Light: critics
Donald Trump called for a truce in the culture war over Bud Light’s transgender debacle, a move that prompted criticism that the company was being “bought” by beer giant Anheuser-Busch. Ta. The former president said on his social media platform Truth Social on Tuesday that Anheuser-Busch is “not a woke company,” and has already criticized […]
Mother of Oxford High School Shooter Says Husband Bought Gun for Son
The mother of the Oxford High School shooter on Nov. 30, 2021, admitted to an affair and claimed her husband bought a handgun for her son on Black Friday 2021. CNN I got it. The mother, Jennifer Crumbley, said her husband, James Crumbley, was responsible for keeping the gun safe. She said: It was his […]
It Takes $1.19 in 2023 Dollars to Buy What a Dollar Bought Pre-COVID
CNBC personality Rick Santelli said on Thursday's “Squawk Box” that he would buy things for $1.19 that he could buy for $1 before the coronavirus pandemic. “The Bureau of Labor Statistics' consumer price index for December rose 0.2% and is expected to rise 0.3%,” Santelli said. And when you remove food and energy, it increases […]
Elon Musk’s X now worth 71% less than when billionaire bought it as Twitter
The value of X, the platform formerly known as Twitter, is now 71% lower than when Elon Musk acquired it in late 2022, according to Fidelity. The investment group made the assessment on Monday, marking the second time it has reduced X's value in 2023, Axios reported. Musk bought the social media giant for $44 […]
X now worth 71% less than when Musk bought it, Fidelity estimates
Check out what's being clicked on FoxBusiness.com The value of X, the platform formerly known as Twitter, is now 71% lower than when Elon Musk acquired it in late 2022, according to Fidelity. The investment group made the assessment on Monday, marking the second time it has reduced X's value in 2023, Axios reported. Musk […]