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Business news, market updates, and economic developments

Millionaire for Life Winning Numbers: Results and Next Draw Date

Millionaire for Life Winning Numbers: Results and Next Draw Date

Summary

The latest Millionaire for Life lottery drawing ended without any major winners. Players now await the next draw, where they could win $1 million a year for life or take a lump sum of $18 million. The next draw is scheduled for Monday, February 23.

Key Facts

  • The Millionaire for Life draw took place on Sunday, February 22.
  • No ticket matched all numbers to win the top prize.
  • Players select five numbers from 1 to 58 and an additional number called the Millionaire Ball from 1 to 5.
  • Each game entry costs $5.
  • Winners can choose between $1 million annually for life or a one-time payment of $18 million.
  • Both prize options are subject to taxes.
  • The next draw is on Monday, February 23.
  • Players should buy tickets before the draw's official cutoff time.
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How budget fast fashion is taking small-town India by storm

How budget fast fashion is taking small-town India by storm

Summary

Budget fashion brands are expanding quickly in small towns across India, offering fashionable clothing at low prices. This is attracting customers who want to buy branded clothes without spending too much, leading to significant growth for companies like Zudio and Trends.

Key Facts

  • Budget fashion stores like Zudio and Trends are growing in India's smaller towns.
  • These brands offer clothes priced between $4 to $15, similar to local street markets.
  • Reliance Trends is part of the retail arm of India's largest conglomerate, Reliance Group.
  • Zudio's store count has grown from 7 to 765, with over $1 billion in revenue by mid-2025.
  • Zudio's growth pace outmatches international brands like Zara and H&M.
  • Many consumers are shifting from small local shops to these budget fashion stores.
  • The rise in budget fashion caters to younger shoppers by following global fashion trends.
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The uncertainties facing businesses and consumers after Trump's tariff changes

The uncertainties facing businesses and consumers after Trump's tariff changes

Summary

President Donald Trump has introduced new tariffs affecting goods from all countries, leading to uncertainty for businesses and consumers. The changes follow a Supreme Court decision blocking a previous law, prompting Trump to use another law to impose a 15% tariff. Key issues include the potential impact on existing trade deals and increased costs for exporters.

Key Facts

  • President Trump introduced a new 15% tariff on goods from all countries.
  • This change follows a Supreme Court ruling that stopped Trump from using a different law to levy broad import taxes.
  • The new tariff is based on Section 122 of the 1974 Trade Act.
  • The tariff is temporary, lasting up to 150 days unless Congress acts.
  • Countries like the UK and Australia face potential changes to their previously negotiated 10% tariffs with the US.
  • The British Chambers of Commerce expressed concerns about the ongoing uncertainty and lack of clear information.
  • Businesses are worried about higher costs, which may lead to increased prices for consumers.
  • The UK's export costs to the US may rise by £2-3 billion due to the 15% tariff.
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Box Office Report: 'GOAT' Climbs To #1, Elvis Dominates In IMAX

Box Office Report: 'GOAT' Climbs To #1, Elvis Dominates In IMAX

Summary

The movie "GOAT" took the top spot at the box office this weekend, earning $17 million, while "Wuthering Heights" moved to second place with $14.2 million. "EPiC: Elvis Presley in Concert" had a strong performance in IMAX theaters with a per-theater average of $10,000. Overall, the box office grossed $79 million, slightly improving from the same weekend last year.

Key Facts

  • "GOAT" earned $17 million this weekend, bringing its total to $58 million over 10 days.
  • "Wuthering Heights" earned $14.2 million this weekend and has a 10-day total of $60 million.
  • Worldwide, "GOAT" has earned $102 million, and "Wuthering Heights" has earned $151 million.
  • "I Can Only Imagine 2" opened with $8 million, less than the first movie's $17 million opening.
  • "EPiC: Elvis Presley in Concert" earned $3.25 million in 325 IMAX theaters, with a per-theater average of $10,000.
  • The weekend box office grossed a total of $79 million, up two percent from the same weekend in 2025.
  • "Crime 101" and "Send Help" continued to show strong performances, while "Psycho Killer" did not make it into the top 10.
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TSA shuts down Global Entry while partial government shutdown remains in effect

TSA shuts down Global Entry while partial government shutdown remains in effect

Summary

The Global Entry program has been shut down due to a partial government shutdown that started because a funding agreement was not reached. The PreCheck program will remain operational despite initial plans to also shut it down. The shutdown is happening during a major winter storm that is affecting flights on the East Coast.

Key Facts

  • The Global Entry program is not available during the partial government shutdown.
  • A government shutdown occurred because Democrats and the White House did not agree on a Homeland Security funding bill.
  • Global Entry allows approved travelers to quickly pass through U.S. customs.
  • Many Global Entry users also have TSA PreCheck, which remains open.
  • The shutdown comes as a major winter storm is hitting the East Coast, canceling many flights.
  • The Department of Homeland Security is implementing emergency measures to manage limited funds.
  • TSA reported short wait times at security lines in many international airports despite the shutdown.
  • The travel industry is urging Congress to resolve the government funding disagreement.
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3.3 Million Pounds of Chicken Fried Rice Recalled Over Glass Risk

3.3 Million Pounds of Chicken Fried Rice Recalled Over Glass Risk

Summary

Ajinomoto Foods North America has recalled over 3.3 million pounds of frozen chicken fried rice due to potential glass contamination. The recall, issued by the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS), covers products sold at Trader Joe’s in the U.S. and those exported to Canada.

Key Facts

  • Over 3.3 million pounds of frozen chicken fried rice by Ajinomoto Foods North America were recalled.
  • The recall is due to potential glass contamination.
  • The U.S. Department of Agriculture’s FSIS categorized the recall as Class I, indicating a high risk to health.
  • The affected products were sold at Trader Joe’s in 20-ounce bags with best-by dates from September 8, 2026, to November 17, 2026.
  • The recall also affects 1.53-kilogram packages of "Ajinomoto Yakitori Chicken with Japanese-Style Fried Rice" exported to Canada.
  • The issue arose after four consumer complaints about finding glass in the product.
  • No injuries or illnesses have been reported so far.
  • Consumers are advised to check for the product in their freezers and not consume it; they should either dispose of it or return it to the store.
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PETA Advises Wendy's to Turn Vegan to Boost 'Slumping Sales'

PETA Advises Wendy's to Turn Vegan to Boost 'Slumping Sales'

Summary

PETA suggested to Wendy's that they offer vegan chicken options to attract younger customers following a drop in their sales. Wendy's plans to close a significant number of U.S. restaurants due to poor performance and is focusing on a new pricing strategy.

Key Facts

  • PETA recommended Wendy's add vegan chicken to their menu.
  • Wendy's sales fell by 10% globally and 11.3% in the U.S. in the last quarter.
  • The company plans to close 5 to 6% of its U.S. restaurants by early 2026.
  • PETA stated that younger consumers are increasingly choosing vegan options.
  • Wendy's introduced a new "everyday value" menu in January 2026.
  • The company closed 28 locations in the last quarter of 2025.
  • Wendy's aims to shift from short-term promotions to long-term value deals.
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JPMorgan Chase Breaks Silence on Trump Debanking Controversy

JPMorgan Chase Breaks Silence on Trump Debanking Controversy

Summary

JPMorgan Chase closed several bank accounts connected to President Donald Trump and his businesses in February 2021. This closure followed the events of January 6, 2021, at the U.S. Capitol. President Trump has filed a lawsuit against the bank, alleging the closure was politically motivated.

Key Facts

  • JPMorgan Chase closed Trump’s accounts in February 2021 after the January 6 Capitol events.
  • The accounts with JPMorgan Chase dated back to at least 1986.
  • President Trump received a letter in February 2021 from JPMorgan notifying him of the account closures.
  • JPMorgan gave a two-month period to transfer funds before closing the accounts fully by April 19, 2021.
  • Trump filed a $5 billion lawsuit against JPMorgan, claiming political reasons for the closure.
  • The lawsuit was initially filed in Florida, but JPMorgan wants it moved to federal court in New York.
  • President Trump denied offering jobs to JPMorgan's CEO Jamie Dimon, contrary to some reports.
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Trump raises global tariffs to 15% one day after Supreme Court decision

Trump raises global tariffs to 15% one day after Supreme Court decision

Summary

President Trump announced that he would increase global tariffs to 15% after the Supreme Court ruled that certain import taxes were illegal. The new tariffs will replace the previous ones and are set to take effect next week under a different trade law.

Key Facts

  • President Trump plans to raise global tariffs to 15%.
  • The announcement came a day after the Supreme Court deemed some import taxes illegal.
  • The Supreme Court's decision was a 6-3 ruling.
  • President Trump used a separate trade law, Section 122, to implement the new tariffs.
  • Section 122 allows tariffs of up to 15% for addressing payment issues.
  • These measures can last for 150 days unless Congress extends them.
  • The tariffs are set to take effect next week.
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Map Reveals Cities Where Homeowners Slashing Prices The Most

Map Reveals Cities Where Homeowners Slashing Prices The Most

Summary

Realtor.com released a report showing U.S. cities where sellers lower home prices the most. Austin, Texas, leads the list with a high percentage of listings having their prices cut three or more times. This trend might help buyers know where demand is slower and they have more negotiating power.

Key Facts

  • Realtor.com identified U.S. cities with frequent home price cuts.
  • Austin, Texas, has the highest share of listings with three or more price cuts (22.2%).
  • San Antonio, Texas, follows Austin with 22% of listings reduced three times or more.
  • Tampa, Florida, ranks third with just under 21% of listings facing significant price cuts.
  • Other cities in the top 10 include Indianapolis, Jacksonville, Dallas, Orlando, Portland, Phoenix, and Denver.
  • Austin homes generally take about three months to sell, with listings staying on the market longer than a year ago.
  • Realtor.com describes these as "buyer-friendly markets" due to low demand and high inventory.
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Trump Announces 15 Percent Worldwide Tariffs After ‘Anti-American’ Ruling

Trump Announces 15 Percent Worldwide Tariffs After ‘Anti-American’ Ruling

Summary

President Donald Trump announced a 15 percent tariff on countries worldwide after a Supreme Court ruling went against his tariff policy. The court decided that only Congress, not the president, can impose tariffs, affecting Trump's economic plans.

Key Facts

  • President Trump announced a 15 percent tariff following a Supreme Court ruling.
  • The Supreme Court ruled 6-3 against Trump's use of emergency powers for tariffs.
  • Chief Justice John Roberts wrote that only Congress can impose tariffs.
  • The ruling impacted Trump's tariffs on several countries, including China, Canada, and Mexico.
  • Trump expressed disappointment with the court's decision and plans to use other methods to impose tariffs.
  • Some officials and commentators support Trump’s tariff strategies despite the ruling.
  • The decision affects billions of dollars in tariffs collected under Trump's plan.
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IRS Issues Advice on Bonus Tax Break for Thousands

IRS Issues Advice on Bonus Tax Break for Thousands

Summary

The IRS issued new guidance on a tax break for production facilities, allowing for up to a 100% depreciation deduction. This benefit is part of a new tax law aiming to boost manufacturing and production investments, with clear details outlined for its application.

Key Facts

  • The IRS released guidance for a tax deduction on certain production properties.
  • The guideline is part of the One Big Beautiful Bill (OBBB) aimed at encouraging investment.
  • The deduction allows for up to 100% depreciation of eligible property in the year it is used.
  • Qualified production property includes nonresidential real estate like factory buildings.
  • Activities covered include manufacturing, chemical production, and refining.
  • The benefit applies to property in service between July 4, 2025, and January 1, 2031.
  • Taxpayers must choose to treat their property as qualified production property.
  • This guidance can be used immediately, with further detailed regulations planned.
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Rare-breed horse centre cuts back amid cost woes

Rare-breed horse centre cuts back amid cost woes

Summary

The Suffolk Punch Trust, which focuses on breeding rare Suffolk Punch horses, is closing its visitor center, cafe, and shop due to high costs. The trust will continue to operate its Colony Stud for horse breeding.

Key Facts

  • The Suffolk Punch Trust breeds rare Suffolk Punch horses in Hollesley, Suffolk.
  • The trust started its operations in 1759, making it a long-standing institution.
  • Suffolk Punch horses are Britain's oldest breed of heavy horse.
  • These horses are classified as critically endangered by the Rare Breeds Survival Trust.
  • Due to economic challenges, the trust is closing its public facilities, including a visitor center, cafe, and shop.
  • The trust plans to focus on developing its Colony Stud for future sustainability despite the cutbacks.
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Man Books Round Trip Flight—Can't Believe What Rep Says Next: 'That's Insane'

Man Books Round Trip Flight—Can't Believe What Rep Says Next: 'That's Insane'

Summary

A traveler tried to change his return flight with Delta Airlines and found the new cost would be $14,000, much more than he originally paid. His attempt to cancel part of the trip resulted in being told he would owe more money, which he found confusing. The issue seems related to airline fare rules and pricing structures for international travel.

Key Facts

  • A man paid $5,923 for a Delta One round-trip ticket from Austin to Amsterdam.
  • He wanted to change the return trip to depart from Dublin instead.
  • Delta quoted him $14,000 for the flight change.
  • If he canceled part of his trip, he would owe Delta $7,111.
  • Reddit users suggested that fare rules and the difference between one-way and round-trip pricing might be involved.
  • Airline pricing can make one-way international fares more expensive than round-trip ones.
  • The U.S. Department of Transportation notes refunds are not given for non-refundable tickets if the flight operates as scheduled.
  • Delta directs customers to use its support channels to submit refund or adjustment requests.
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Woman handed gift card receipt for £63 quadrillion

Woman handed gift card receipt for £63 quadrillion

Summary

Sophie Downing went to a coffee shop in Nottingham and received a receipt saying her gift card had a balance of £63 quadrillion. This happened because the coffee shop entered a gift card number instead of its actual value. The mistake was corrected, and she was charged correctly for her purchase.

Key Facts

  • Sophie Downing visited a coffee shop called 200 Degrees in Nottingham.
  • She planned to buy a matcha latte using a £10 gift card.
  • She received a receipt showing a balance of over £63 quadrillion.
  • The error happened because the gift card number was put into the wrong place in the till.
  • The shop fixed the mistake, and she paid the correct amount for her drink.
  • She found the incident funny and shared it with her partner.
  • The barista gave her the wrong receipt as a souvenir.
  • A correct receipt showing the true balance of the gift card was also provided to her.
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Plane Passenger 'Flabbergasted' By What Flight Attendant Says: 'Whoa, What?

Plane Passenger 'Flabbergasted' By What Flight Attendant Says: 'Whoa, What?

Summary

A passenger on a United Airlines flight from Lisbon to Newark reported feeling shocked by a flight attendant's comments during the journey. This experience, shared on Reddit, sparked discussions about how passengers should handle negative service encounters. It highlighted the importance of lodging formal complaints through the airline’s customer care service.

Key Facts

  • A passenger felt surprised by a flight attendant's comments during a United Airlines flight.
  • The flight was from Lisbon, Portugal to Newark, New Jersey.
  • The passenger shared the experience on Reddit, leading to about 300 comments discussing the issue.
  • Some Reddit users suggested formally complaining to United Airlines.
  • United Airlines provides an online portal for compliments or complaints.
  • The issue highlights ongoing tensions between airline staff and passengers concerning service interactions.
  • Newsweek could not verify the complete details of the incident.
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Home Feature Millennials Are Rejecting That Gen X Couldn't Get Enough Of

Home Feature Millennials Are Rejecting That Gen X Couldn't Get Enough Of

Summary

Millennials prefer smaller, more affordable homes compared to the larger "McMansion" style homes favored by Gen X. Zillow data shows millennials value energy efficiency, bold colors, and practical features like reading nooks over showy and expansive designs.

Key Facts

  • Millennials are buying smaller, more affordable homes instead of large "McMansions."
  • "McMansions" were popular among Gen X and often featured large foyers, many bathrooms, and extensive open floor plans.
  • New home trends include bold colors like olive green and navy blue instead of the neutral colors popular in 2006.
  • Energy efficiency is important, with a rise in listings for zero-energy ready homes and homes with EV charging stations.
  • There is an increased focus on flood protection and fire resistance in homes.
  • Zillow noted a cultural shift towards homes being personal sanctuaries rather than just status symbols.
  • Mentions of reading nooks in home listings have increased by 48 percent.
  • Millennials value homes that are adaptable to changing lifestyles, families, and climates.
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All The Tariffs Still In Force After Supreme Court Ruling Against Trump

All The Tariffs Still In Force After Supreme Court Ruling Against Trump

Summary

The Supreme Court decided that President Trump did not have the authority to use emergency powers to impose broad global tariffs. However, many specific tariffs based on national security reasons remain in place. These tariffs impact a range of goods, including steel, aluminum, and some manufactured items.

Key Facts

  • The Supreme Court ruled against President Trump using emergency powers to set global tariffs.
  • Tariffs related to national security, called Section 232 tariffs, still remain.
  • Section 232 tariffs cover products like steel, aluminum, vehicles, and electronic parts.
  • Tariffs on everyday goods are still being collected despite the ruling.
  • Some tariffs negotiated with countries like the UK and Japan are lower.
  • The court did not decide on refunding billions that importers have already paid in tariffs.
  • President Trump plans to find other ways to apply tariffs.
  • Tariffs continue to influence U.S. prices and trade relationships.
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How will Trump's new 10% global tariffs work and what's next?

How will Trump's new 10% global tariffs work and what's next?

Summary

The U.S. Supreme Court ruled that President Donald Trump acted beyond his powers when he used a specific law to impose global tariffs. After the court decision, President Trump announced new temporary tariffs under a different law. The situation may lead to more legal battles and discussions about trade policies.

Key Facts

  • The Supreme Court decided 6-3 against President Trump’s use of a 1977 law to impose global tariffs.
  • The court ruled Trump couldn't use the International Emergency Economic Powers Act (IEEPA) to place taxes on imports from almost every country.
  • Trump's previous tariffs generated an estimated $130 billion, which could potentially be refunded.
  • After the ruling, Trump used Section 122 of the 1974 Trade Act to impose a new 10% temporary tariff.
  • Section 122 lets the president impose tariffs up to 15% for up to 150 days.
  • President Trump previously used different laws, such as the Trade Expansion Act of 1962, for specific tariffs.
  • The administration is exploring using Section 301 of the Trade Act of 1974 for further tariffs.
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Canada looks to trade talks after US Supreme Court tosses Trump's tariffs

Canada looks to trade talks after US Supreme Court tosses Trump's tariffs

Summary

The U.S. Supreme Court struck down President Donald Trump's global tariffs, which included tariffs on Canada. Canada is looking to trade talks with the U.S. to address remaining trade challenges, especially concerning the U.S.-Canada-Mexico trade deal (USMCA).

Key Facts

  • The U.S. Supreme Court struck down tariffs imposed by President Trump on several countries, including Canada.
  • These tariffs, sometimes called "fentanyl tariffs," had a significant impact on trade but exempted 85% of it under USMCA.
  • Canada considers the tariffs "unjustified" and seeks to address their effects on industries like steel, aluminum, and automobiles.
  • The U.S.-Canada-Mexico trade deal (USMCA) is up for review, and renewal discussions must be concluded by July 1.
  • The Trump administration has shown interest in separate deals with Canada and Mexico instead of renewing the trilateral USMCA.
  • Canada's Trade Minister, Dominic LeBlanc, mentioned ongoing efforts to negotiate with U.S. counterparts.
  • The U.S. has expressed concerns about Canadian trade barriers, including restrictions on American wine and spirits sales and rules for online streaming services.
  • Canada aims to double its non-U.S. exports by 2035 as part of reducing reliance on the U.S. market.
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