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  • NYC lost more residents across all income levels in 2025 as Americans flee high-...
    A major blue city saw its population shrink last year after two years of strong growth.New York City’s population declined in 2025, resulting in a net loss of about 12,000 people. The drop follows post-pandemic gains of 70,000 in 2023 and 163,000 in 2024, driven largely by increased immigration, including asylum seekers, according to an April 20 report from the Citizens Budget Commission."Population growth in 2023 and 2024 was driven by the upswing in international in-migration, primarily a surge of migrants and asylum seekers," the report noted. "In 2025, the trend once again reversed as tighter immigration policy reduced international in-migration by 70 percent and domestic out-migration ticked up."HOUSING CRISIS HITS ALL AGES AS HOMEOWNERSHIP DECLINES NATIONWIDEIn total, the Big Apple lost a net 114,000 residents to other parts of the U.S., up from 94,000 the year before but still well below the pandemic-era peak net outflow of 330,000 in 2021.Most departing New Yorkers stayed close to home, relocating to Long Island, Westchester, and nearby states such as New Jersey, Connecticut, and Pennsylvania, the report noted."The city has long been a magnet for talent and opportunity, but recent out- and in-migration changes – driven by the pandemic, immigration policy, affordability and taxes, and quality of life issues – reveal a future that may not replicate past growth," as noted in the report.Housing remains a major factor in whether residents choose to move to, stay in, or leave New York City. Public services also play a role, the report noted.TAX FIGHT HEATS UP AS NEW YORK TARGETS WEALTHY HOMEOWNERSMedian asking rent climbed nearly 7% in 2025 to $3,585, Realtor.com reported."It comes as no surprise that rent-burdened households are leaving New York City," Realtor.com economist Jiayi Xu told FOX Business. "With rents stubbornly high and homeownership remaining out of reach for most, the city leaves rent-burdened residents with little options."Xu noted that in the first quarter of 2026, the median asking rent reached $3,616 – requiring about $145,000 in annual income to meet standard affordability benchmarks. By comparison, the city’s median household income is roughly $85,549.$150K OVER ASKING ISN'T ENOUGH: NJ REAL ESTATE AGENT WARNS ‘AVERAGE PERSON’ IS BEING PRICED OUT"With so little left over to save, the path to homeownership is effectively closed off for most – and for many, leaving is the only rational response," Xu said.The shift also coincides with the election of Mayor Zohran Mamdani, following a campaign that… [TheTopNews] Read More.
    FOX BUSINESS – Latest | Business & CommerceSun, May 3, 2026
    52 mins ago
  • MAHA Awaits Robert F. Kennedy Jr.’s Definition of Ultraprocessed Foods
    Some yogurts and peanut butters could be considered ultraprocessed as scientists and MAHA supporters push for a strict definition. [TheTopNews] Read More.
    THE NEW YORK TIMES – Business | Business & CommerceSun, May 3, 2026
    3 hours ago
  • Disneyland visitors face growing wave of ride closures, show shutdowns heading i...
    Disneyland visitors will experience a handful of closures this summer as popular rides and shows at the California park temporarily shut down for refurbishment.Two attractions — Pixie Hollow and the well-loved "Fantasmic" show — will have limited operations in May, according to the Disneyland website.The changes come as other fan favorites are also temporarily closed or scheduled to shut down.Pirates of the Caribbean is set to close Monday, May 4, and is not expected to reopen until early June, the Orange County Register reported.DISNEY WORLD REVIVES 'LADIES AND GENTLEMEN' GREETING AFTER YEARS OF GENDER-NEUTRAL MESSAGESThe Blue Bayou restaurant, located inside the Pirates of the Caribbean attraction, will be closed from May 4 through May 20, according to Undercover Tourist.Pixie Hollow will remain open through June 7 but will be closed on Tuesdays and Thursdays.The "Fantasmic" show will not run on select days throughout May but is scheduled to resume daily performances beginning May 22.SIX FLAGS TO SELL 7 AMUSEMENT PARKS IN DEAL WORTH MORE THAN $330MSeveral other rides — including Buzz Lightyear Astro Blasters, Silly Symphony Swings and Inside Out Emotional Whirlwind — are also temporarily closed and expected to reopen in June.At the same time, some attractions have recently reopened after extended closures, including the Disneyland Monorail, Davy Crockett’s Explorer Canoes and Roger Rabbit’s Car Toon Spin.When reached for comment, a Disneyland official told FOX Business that refurbishments are a routine part of the upkeep of attractions, and teams aim to schedule them throughout the year in a way that limits disruption for guests.Daily park closures are listed on the Disneyland website. [TheTopNews] Read More.
    FOX BUSINESS – Latest | Business & CommerceSun, May 3, 2026
    6 hours ago
  • Struggling High Streets fuel sense of neglect for voters ahead of local election...
    Failing High Streets fuel a wider sense of political discontent which could prove crucial in the upcoming elections for English councils in May. [TheTopNews] Read More.
    BBC NEWS – Business | Business & CommerceSat, May 2, 2026
    10 hours ago
  • Harley-Davidson recalls nearly 90,000 motorcycles over defect that could eject o...
    Harley-Davidson is recalling nearly 90,000 motorcycles due to a defect that could cause oil to eject and increase the risk of injury, federal regulators said.The recall covers 88,039 motorcycles, including certain 2024–2026 FLTRX and FLHX models, 2025–2026 FXBR and FLFB models, and other select bikes equipped with an airbox baseplate, part number 29000373, according to the National Highway Traffic Safety Administration (NHTSA).The issue stems from a breather port that may become blocked, allowing pressure to build inside the crankcase.If the dipstick is removed while the crankcase is pressurized, oil could be ejected from the fill spout, posing an injury risk, the agency said.FORD RECALLS OVER 179,000 BRONCO AND RANGER VEHICLES OVER SEAT DEFECTDealers will inspect the breather ports and repair any blockages free of charge.Notification letters are expected to be mailed to owners by May 11, the NHTSA said.Motorcycle owners can contact Harley-Davidson customer service at 1-800-258-2464 with questions.MAJOR INVESTOR IN HARLEY-DAVIDSON WANTS CEO, TWO OTHERS REMOVED FROM THE BOARDThe recall comes after the company announced a separate recall last month of nearly 17,000 motorcycles over a potential brake failure issue that could increase crash risk.That recall included certain Harley-Davidson FXLRS, FXLRST, FXBB and FLHC models produced between October 2024 and March 2026.CLICK HERE TO READ MORE ON FOX BUSINESSThe issue was first flagged in March following a report of inoperable brakes on a 2025 FXLRST model, according to the NHTSA.FOX Business has reached out to Harley-Davidson for comment.FOX Business' Landon Mion contributed to this report. [TheTopNews] Read More.
    FOX BUSINESS – Latest | Business & CommerceSat, May 2, 2026
    11 hours ago
  • Sen Warren blasted for cheering blocking of merger that might have saved Spirit ...
    Sen. Elizabeth Warren, D-Mass., is under fire after Spirit Airlines abruptly shut down, with critics citing her claim that blocking a merger that could have saved the troubled carrier was "a Biden win for flyers."Spirit announced early Saturday it would cease operations immediately, canceling all flights and shutting down customer service, leaving many travelers stranded. The collapse is reigniting debate over whether federal regulators got it wrong in blocking a proposed JetBlue-Spirit merger, with opponents now arguing the decision may have reduced competition and contributed to the airline’s downfall."I’ve warned for months that a @JetBlue-@SpiritAirlines merger would have led to fewer flights and higher fares," Warren wrote in a March 2024 post on X. "@JusticeATR and @USDOT were right to stand up for consumers and fight against runaway airline consolidation. This is a Biden win for flyers!"TRUMP TRANSPORTATION SEC DUFFY ANNOUNCES RELIEF FOR SPIRIT AIRLINES FLYERS, EMPLOYEESBiden administration officials made similar arguments at the time. Former Attorney General Merrick Garland said in a March 2024 statement: "The Justice Department proved in court that a merger between JetBlue and Spirit would have caused tens of millions of travelers to face higher fares and fewer choices." He added: "Today’s decision by JetBlue is yet another victory for the Justice Department’s work on behalf of American consumers."Then-Assistant Attorney General Jonathan Kanter also framed the ruling as a win for consumers: "Our win in court is a victory for U.S. travelers who deserve lower prices and better choices."The U.S. Department of Transportation, led by former Secretary Pete Buttigieg, also backed the decision earlier in the process. In a 2023 statement, the agency said it "fully supports the Justice Department’s lawsuit… to block the proposed JetBlue-Spirit merger," arguing the deal would "eliminat[e] the largest, most aggressive ultra-low-cost competitor" and "substantially reduc[e] competition."SPIRIT AIRLINES TO CEASE OPERATIONS AFTER FEDERAL GOVERNMENT BAILOUT FAILS TO MATERIALIZEWarren defended her position following Spirit’s collapse in a new post on X."Spiking fuel prices from Trump’s war was the nail in the coffin for twice-bankrupted Spirit airline," she wrote. "FWIW, JetBlue merger failed because a judge, appointed by Ronald Reagan, said the deal was illegal. Republicans are desperate to shift blame from higher costs hitting families."Warren’s office pointed to rising fuel costs as a key factor in Spirit’s collapse in an email to FOX Business. Patrick De Haan, head of petroleum analysis at GasBuddy, wrote on X that Spirit’s restructuring plan had… [TheTopNews] Read More.
    FOX BUSINESS – Latest | Business & CommerceSat, May 2, 2026
    12 hours ago
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