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- Kalshi Ordered to Cease Most Operations in Washington State
In a preliminary injunction, a state judge barred the prediction market from allowing residents to place bets on the bulk of its offerings. [TheTopNews] Read More.14 mins ago - From Argentina to El Salvador: How Latin America is breaking up with socialism
Latin Americans have had it with socialism.Over the past decade, more than half of Latin America’s nations have voted socialists out. From large countries like Argentina to tiny ones like El Salvador, socialists have been replaced with conservative leaders who've made significant progress turning their economies around.That list could grow as Cuba and Nicaragua are on the cusp of collapse after their oil lifelines from Venezuela were cut following the arrest of Nicolás Maduro.NOW AMERICA REACHED A POLITICAL TIPPING POINT FOR SOCIALISMThe real incentive for dumping socialism is voter recognition that it just hasn't worked. What is working are policies based on market solutions.In Argentina, monthly inflation has tumbled from 25% to just 2%. Massive cuts in government have led to fiscal surpluses, and Moody’s upgraded their investment outlook to positive.DAVID ASMAN ON COVID-19 TIPPING OFF RISE IN SOCIALISM: 'PERFECT STORM'"We're here to tell you that collectivist experiments are never the solution to the problems that afflict the citizens of the world. Rather, they are the root cause," Argentine President Javier Milei said in a 2024 speech at the World Economic Forum in Davos, Switzerland.Following the ouster of a socialist government in Ecuador, economic conditions there improved, with the GDP rebounding 3.7% in 2025 and the nation returned to international bond markets this year.LATIN AMERICA'S SOCIALIST EXPERIMENTS LEAVE DEVASTATING TRAIL OF ECONOMIC COLLAPSE AND POVERTYIn Costa Rica, voters’ rejection of the ruling leftist party coincided with an estimated 20% relative decline in poverty from 2021 to 2024.And those are just a few examples of the progress being made. Latin America has had many course changes over the years, and all this could turn around again. But probably not while memories of many socialist failures are so fresh and painful.GET FOX BUSINESS ON THE GO BY CLICKING HERELatin America’s growing rejection of socialism also coincided with Secretary of State Marco Rubio’s cancellation of 83% of USAID programs, which he claims were doing more harm than good. [TheTopNews] Read More.2 hours ago - LeBron James’ 76ers move sparks StubHub surge as Philly’s games beco...Wherever LeBron James goes this season, it will be the hottest ticket in town.The NBA's all-time leading scorer announced last month that he will play his unprecedented 24th NBA season with the Philadelphia 76ers, automatically reigniting some key Eastern Conference rivalries.NBA Commissioner Adam Silver admitted he was holding off on announcing each team's schedule because he had no idea where James was going. But when James' decision was announced, Silver went to work, and it's now paying dividends.CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COMThe Sixers will open the 2026-27 season at Madison Square Garden, where the New York Knicks will hang their first championship banner in 53 years. And while those ticket prices likely won't reach the five-figure average of the NBA Finals, it will still be a must-see.StubHub said Friday that the Oct. 20 game is the site's most in-demand NBA game of the entire season, with the current get-in price at more than $1,500.In fact, each of the top five and seven of the top 10 highest-demand games is a Sixers contest, and the Sixers are StubHub's most in-demand NBA team, increasing 12.5 times from last year’s schedule release and up from No. 6 overall.Christmas Day demand is nearly 50% ahead of last year, with LeBron’s return to Los Angeles for the Sixers-Lakers among the biggest draws.James announced his decision in a post on X, saying he thought he was done at the end of last season and that he had likely played his final game. However, "I still truly love this game, and I have more to give."LEBRON JAMES’ 76ERS DEBUT SET FOR BLOCKBUSTER KNICKS SHOWDOWN AT MSGThe 76ers will be the fourth team James has played for in his illustrious career. For Philadelphia, James is the second major star to join the team this offseason after they acquired Jaylen Brown in a stunning trade with the Boston Celtics.Last season, the 76ers were swept by the Knicks in the Eastern Conference semifinals, and they hope the additions of James and Brown can propel them to a championship. James is looking to become the first player in NBA history to win an NBA title with four teams. GET FOX BUSINESS ON THE GO BY CLICKING HEREWhile James may not be the force he once was, he still remains a productive player entering his 24th season. In 60 games with the Los Angeles Lakers last season, James averaged 20.9 points,… [TheTopNews] Read More.3 hours ago
- Protein or pickled garlic? What’s new in ice cream
There's a constant battle in ice cream to come up with new flavours and to keep costs down. [TheTopNews] Read More.3 hours ago - Salvage Company Hoping to Sell Titanic Artifacts Challenges Court’s RoleA Virginia federal court has awarded the company the rights to collect, but not sell, items from the shipwreck. But the company says its earliest retrievals are governed by a French court. [TheTopNews] Read More.3 hours ago
- 250,000 minifridges sold on Amazon recalled following reports of firesCooluli is recalling about 250,000 minifridges after receiving at least 19 reports of the appliances smoking, sparking, burning, melting, overheating or catching fire, according to the U.S. Consumer Product Safety Commission (CPSC).The recall covers certain 10-liter and 15-liter Cooluli minifridges because an electrical switch can short circuit, posing fire and burn hazards, the CPSC said.Cooluli has received reports of property damage totaling more than $80,000. One consumer also reported a smoke inhalation injury, according to the agency.The affected minifridges were sold online at Amazon.com and Cooluli.com from January 2019 through October 2024 for between $80 and $120.POPULAR HAIR PRODUCT RECALLED NATIONWIDE OVER POTENTIAL EXPLOSION HAZARDThe recall includes certain minifridges from Cooluli's Infinity, Classic, Glow Beauty and Vibe series. The affected products have an internal power supply and two power input ports, AC and DC, on the back instead of a single DC port.The recalled minifridges were sold in several colors, including black, blue, green, white and red, as well as designs featuring multicolored patterns, photos and logos. "Cooluli" is printed on the front.The recall covers batch numbers 1535 through 1545 and 1200000 through 1202080. Consumers can find the model and batch numbers on a label inside the minifridge door.The CPSC urged consumers to stop using the recalled minifridges immediately and contact Cooluli for a free replacement power cord.200K MAGNETIC 'GOODY KING' BUILDING BLOCK TOYS RECALLED OVER INGESTION HAZARD THAT LED TO SURGERY FOR 2 KIDSConsumers will be asked to enter their model and batch numbers on Cooluli's recall website to determine whether their minifridge is affected. Those with recalled units will be instructed to unplug the minifridge, cut the power cord and submit photos showing the refrigerator's model and batch numbers.Cooluli will provide affected consumers with a replacement DC power cord and a permanent sticker to cover the AC port, according to the CPSC.FOX Business reached out to Cooluli for comment on the recall, the reported incidents and the steps the company is taking to address the issue.CLICK HERE TO GET FOX BUSINESS ON THE GOThe minifridges were manufactured in China by Ningbo Iceberg Electronic Appliance Co., Ltd., and imported by Brooklyn, New York-based Lisse USA LLC.Consumers can contact Cooluli at 718-834-5312 from 8 a.m. to 5 p.m. ET Monday through Friday or email recall@cooluli.com for more information. [TheTopNews] Read More.4 hours ago
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