Money

Walmart revealed on Tuesday that its Thanksgiving meal basket for 2025 will cost under $4 per person, the lowest price since the program began in 2022. The basket, which serves 10, includes over 20 items like a 13.5-pound Butterball turkey at 97 cents per pound—the cheapest since 2019—plus classic holiday items …

The One Big Beautiful Bill Act (OBBBA), signed into law by President Donald Trump on July 4, 2025, will deliver an average tax cut of $3,752 to American taxpayers in 2026, according to the nonpartisan Tax Foundation. Described as the largest middle-class tax relief in history, the legislation builds on …

Gas selling at $2.99 a gallon for regular unleaded is back in Orange County for the fist time in months. It may not last long, but for now the Arco station at Chapman Avenue and Placentia Avenue in Placentia is selling regular unleaded at $2.99 a gallon. A check of …

Huntington Beach based Boardriders Inc., the parent company of apparel maker Quiksilver, has made a $150 million dollar bid for competitor Australia based Billabong. The takeover would require the approval of Billabong’s Board and regulators and would be at $0.75 USD per share. Los Angeles based Oaktree Capital Management is …

As California prepares for the January 1st, 2018 legalization of recreational marijuana, the already booming business of pot is expected to grow significantly from its’ already lofty levels. California is already the country’s largest market, and recreational legalization is sure to provide many more opportunities for investors and businesses looking …

Courtesy of: Visual Capitalist

The numbers clearly show that DotCom bubble 2.0 is bursting with many tech stocks down double digit percentages. Orange County is home to many technology firms, and many technology investors, and many aren’t happy right now as they watch their wealth evaporate. The numbers are ugly and there appears to …

The restaurant industry employs over ten million Americans and is vital to what is left of our once diverse economy. The latest sales numbers do not look good. READ THE FULLY STORY HERE…

Global economic activity is falling much faster than many experts believed. We have not seen global economic activity fall off this rapidly since the great recession of 2008.  Manufacturing activity is imploding all over the planet, global trade is slowing down at a pace that is extremely alarming, and the …

Good news for the global economy is increasingly difficult to find. Most indicators point to big trouble ahead, and likely soon. One particularly important and telling sign is shipping container rates… Container Shipping Rates from China to US, Europe Collapse by Wolf Richter