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Just the Facts, from multiple news sources.

Business News

Business news, market updates, and economic developments

Burger King Launches New Menu Item

Burger King Launches New Menu Item

Summary

Burger King introduced a new sandwich called the Ultimate Steakhouse Whopper on January 6 in the U.S. This sandwich, made from customer ideas, includes a beef patty, onion rings, bacon, mushrooms, Swiss cheese, and peppercorn aioli. Burger King also launched a limited-time dessert, Cinnamon Apple Pie, as a sweet addition to its menu.

Key Facts

  • Burger King launched the Ultimate Steakhouse Whopper on January 6.
  • The sandwich was developed through the "Whopper by You" program based on customer suggestions.
  • The new sandwich includes a beef patty, onion rings, bacon, mushrooms, Swiss cheese, and peppercorn aioli.
  • More than 600,000 customer ideas were submitted to the program to create this sandwich.
  • The "Whopper by You" program helps increase customer engagement and has driven sales growth.
  • Burger King also released a Cinnamon Apple Pie dessert for a limited time.
  • This customer-driven approach follows the BBQ Brisket Whopper and Crispy Onion Whopper, also developed from fan suggestions.

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Dunkin’s New Menu Update

Dunkin’s New Menu Update

Summary

Dunkin’ announced it will add Protein Milk to its menu nationwide in 2026. The company also partnered with Megan Thee Stallion to promote a new line of protein drinks, including a Mango Protein Refresher. The updates are part of Dunkin's broader winter menu changes.

Key Facts

  • Dunkin’ will introduce Protein Milk to its nationwide menu in 2026.
  • Protein Milk adds 15 grams of protein per medium-sized drink without a chalky taste.
  • Customers can add Protein Milk to various drinks or choose from a special Protein Milk lineup.
  • Megan Thee Stallion partnered with Dunkin’ to create the Mango Protein Refresher.
  • The new drinks are part of Dunkin’s "Dunk N’ Pump" campaign featuring Megan Thee Stallion.
  • The campaign includes limited-edition workout merchandise and a partnership with sports brand Bala.
  • Dunkin’s broader menu updates include new drinks and the return of Sweet Black Pepper Bacon.
  • Dunkin’ is also offering a $5 Meal Deal that includes a wrap, hash browns, and a coffee.

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'Trump Store' Drops Prices as Shop Set To Close

'Trump Store' Drops Prices as Shop Set To Close

Summary

A store in Pennsylvania selling Donald Trump merchandise is closing at the end of January due to a drop in sales during Trump's second term as President. The owner, Mike Domanico, mentioned that while the store had been successful since opening in 2020, it is now time to move on, partly because he wants to focus on other business ventures.

Key Facts

  • The Trump Store is located in Bensalem, Pennsylvania, and is closing on January 31 due to declining sales.
  • The store owner, Mike Domanico, opened the shop in 2020 and kept it running due to initial success.
  • The store became a popular spot for Trump supporters to gather, with some customers traveling long distances.
  • President Trump's current approval rating is at 39%, with higher support among Republicans at 81%.
  • Sales increased during former President Joe Biden's administration but slowed during Trump's second term.
  • Domanico plans to focus on selling gun-show merchandise after closing the store.
  • The store's location is in Bucks County, a swing area that helped Trump win Pennsylvania in the 2024 election.
  • The store is closing as the lease ends in February and Domanico wants to shift his business focus.

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Newsweek New & Noteworthy: Products You Need to Try (Jan 7, 2026)

Newsweek New & Noteworthy: Products You Need to Try (Jan 7, 2026)

Summary

The Newsweek New & Noteworthy feature highlights new products across various consumer categories, including food, beverages, and personal care. This week's spotlight includes items like Pepsi's prebiotic soda, a new air fryer oven by Gourmia, and a fresh take on M&M's candy.

Key Facts

  • Pepsi has launched a prebiotic soda with 30 calories and no artificial sweeteners.
  • M&M's introduced a freeze-dried candy called Pop’d Caramel.
  • Catalina Crunch's new cereal offers apple turnover flavor with high protein and low sugar.
  • Essie's Break Fix is a liquid nail patch for repairing broken nails.
  • Monster Energy released a new strawberry-flavored energy drink.
  • Dove partnered with Bridgerton for limited edition body washes available in various scents.
  • Gourmia's new air fryer oven features a digital display and 12 cooking functions.

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Map Shows Where Housing Inventory Is Rising Across US

Map Shows Where Housing Inventory Is Rising Across US

Summary

Housing inventory in the United States increased by 26% as of July 2025, reaching its highest level since at least 2017. Raleigh, North Carolina, saw the biggest rise in available homes. Experts predict varying affordability trends across regions due to differing local factors.

Key Facts

  • Raleigh, North Carolina, had the largest increase in housing inventory, with a 54.5% rise.
  • The overall housing inventory in the U.S. increased by 26% in July 2025 compared to the previous year.
  • The total number of homes for sale in November 2025 was 1,914,725, which is up 6.4% from the year before.
  • The number of homes that went under contract in November 2025 was 363,194, a 6.7% decrease from the previous year.
  • Some metro areas in the Sun Belt, like Las Vegas and Miami, also saw significant inventory increases.
  • Despite more homes being available, housing affordability remains an issue due to high costs.
  • Experts predict income growth may help improve affordability as it may outpace home price increases.
  • Key regions may experience different trends based on local affordability, job conditions, and insurance costs.

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US Boosts Patriot Missile Orders Amid Global Threats

US Boosts Patriot Missile Orders Amid Global Threats

Summary

The U.S. will significantly increase production of the Patriot missile system to strengthen defense capabilities. Lockheed Martin, a defense contractor, plans to triple its output of the PAC-3 MSE interceptors under a new seven-year agreement. This move aims to address global missile threats and boost the defense industry's capacity.

Key Facts

  • The U.S. plans to triple the production of Patriot PAC-3 MSE interceptors from about 600 to 2,000 annually.
  • The Patriot system is used to defend against missiles, drones, and aircraft.
  • Lockheed Martin is overseeing the increased production as part of a seven-year agreement with the Pentagon.
  • The decision reflects increased global demand and the need to counter missile advancements by countries like Russia, China, Iran, and North Korea.
  • The agreement introduces a "transformative new acquisition model" to ensure steady demand and inspire industry investment.
  • The Pentagon aims to cut bureaucratic steps and revitalize the defense industrial base.
  • The production increase will generate thousands of American jobs.
  • The production growth is partly due to the ongoing conflict between Ukraine and Russia, impacting global military strategies.

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Amtrak Announces ‘Big City’ Sale

Amtrak Announces ‘Big City’ Sale

Summary

Amtrak started a "Big City Savings" sale on January 5, 2026, offering up to 30% off certain coach fares between Boston and Washington, D.C. The sale requires booking by January 9 for travel between January 20 and February 12, 2026. The promotion aims to make train travel more appealing by highlighting cost savings, comfort, and convenience.

Key Facts

  • Amtrak's sale started on January 5, 2026, and ends on January 9, 2026.
  • Discounts are up to 30% on adult coach fares along the Northeast corridor.
  • The sale applies to trains between Boston and Washington, D.C., but excludes Acela services.
  • Sample one-way fares include Boston to New York City for $59 and New York to Philadelphia for $36.
  • Travelers can earn points with the Amtrak Guest Rewards program during the sale.
  • The sale is part of Amtrak's efforts to modernize and expand its services.
  • Amtrak promotes train travel as a stress-free alternative to driving or flying.

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Knoxville Symphony Orchestra Drama Explained as CEO Under Scrutiny

Knoxville Symphony Orchestra Drama Explained as CEO Under Scrutiny

Summary

A clarinet player named James Zimmermann filed a lawsuit against the Knoxville Symphony Orchestra, claiming they didn't hire him due to comments he made opposing Diversity, Equity, and Inclusion (DEI) initiatives. Zimmermann says he was told he wouldn't get the job despite winning a blind audition. The lawsuit highlights discussions about DEI programs in workplaces.

Key Facts

  • James Zimmermann has filed a lawsuit against the Knoxville Symphony Orchestra.
  • Zimmermann claims the orchestra refused to hire him due to his past opposition to DEI efforts.
  • He states he won a blind audition for a principal clarinet position but was later informed he wouldn't be hired.
  • The lawsuit was filed in Knox County, Tennessee, on December 23, 2025.
  • Zimmermann was previously fired from the Nashville Symphony for allegations related to workplace behavior.
  • Zimmermann has shared posts on social media about his case, which have gained significant attention.
  • The Knoxville Symphony Orchestra has not yet publicly responded to the lawsuit.

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McDonald's Launching New Menu Items Around World In 2026

McDonald's Launching New Menu Items Around World In 2026

Summary

McDonald's is introducing new and returning menu items worldwide in 2026. These include the launch of a Secret Menu in the U.K. and Ireland, special items in the U.S., and cheese-focused burgers in Canada. McDonald's aims to improve its burger quality globally and will launch new drinks and themed Happy Meals in several countries.

Key Facts

  • McDonald's is adding new menu items internationally in 2026, including the U.K., Ireland, U.S., and Canada.
  • In the U.K. and Ireland, a Secret Menu includes items like the Surf N’ Turf burger and the Apple Pie Mini McFlurry.
  • The Big Arch burger has become a permanent menu item in the U.K. with an increased price.
  • In the U.S., special-edition items like the Pokémon Happy Meal are planned for early 2026.
  • Canada has introduced a limited-time Double Cheesy Melt Burger starting January 6, 2026.
  • McDonald's global "Best Burger" initiative aims to enhance burger quality by 2026.
  • New drinks, including frappes and cold brews, are expected in over 500 locations in 2026.
  • A global Planet McDonald's Happy Meal in partnership with Crayola may reach 60 countries in 2026.

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Bankruptcy Filings Soar in 2025

Bankruptcy Filings Soar in 2025

Summary

In 2025, the number of companies and people filing for bankruptcy in the U.S. increased by 11% to 565,759. This rise in bankruptcies is linked to difficult economic conditions, including high debt, a slow job market, and rising prices. Experts suggest that these financial pressures are unlikely to ease soon.

Key Facts

  • Bankruptcy filings in the U.S. rose by 11% to 565,759 in 2025.
  • Businesses and consumers sought Chapter 11 protection due to financial distress.
  • Consumer bankruptcy filings, mostly Chapter 7 and Chapter 13, made up the majority of cases.
  • Consumer Chapter 7 filings increased by 15%, while Chapter 13 filings went up by 6%.
  • Commercial bankruptcy filings rose by 5% to 31,810 in 2025.
  • A large number of bankruptcy cases came from companies like Spirit Airlines and Claire's.
  • High borrowing costs, ongoing tariff policies, and inflation contributed to financial struggles.
  • Experts expect high bankruptcy filings to continue into 2026 due to persistent economic challenges.

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Gas Prices Predicted To Hit Five-Year Low in 2026

Gas Prices Predicted To Hit Five-Year Low in 2026

Summary

Average gas prices in the United States are expected to fall below $3 per gallon this year, reaching the lowest level since 2020. This decrease is part of a four-year trend of falling prices, influenced by global market conditions and increased refining capacity.

Key Facts

  • GasBuddy predicts nationwide gas prices will average $2.97 per gallon in 2026.
  • The price forecast represents a drop from last year’s average of $3.10 per gallon.
  • This would be the lowest average gas price since 2020, when it was $2.17 per gallon.
  • Gas prices have been decreasing for six weeks, with the current nationwide average around $2.81 per gallon.
  • Diesel prices are also expected to drop, expecting an average of $3.55 per gallon this year.
  • Reasons for the decline include global economic recovery and new refining capacity.
  • Despite lower prices, gas may temporarily rise to around $3.20 in the spring due to seasonal factors.
  • The White House has noted lower spending on gas during President Trump's second term.

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IRS Issues 'Essential Tips' for Millions for Tax Filing Season

IRS Issues 'Essential Tips' for Millions for Tax Filing Season

Summary

The IRS is advising Americans to start preparing for the 2026 tax filing season due to upcoming changes in tax laws. New rules impacting deductions, credits, and reporting requirements could affect how much people owe or receive in refunds. The changes are connected to President Trump's recent legislative act, which includes various updates and new tax options.

Key Facts

  • The IRS suggests early preparation for 2026 tax filing due to new tax law changes.
  • The changes are part of President Trump's One Big Beautiful Bill Act.
  • New deductions include exempting up to 250 hours of overtime pay from federal income tax.
  • Service workers earning under $150,000 pay no federal tax on up to $25,000 in tip income.
  • The Child Tax Credit increases to $2,200 for 2025 and will adjust annually for inflation.
  • Taxpayers are encouraged to use direct deposit as the IRS phases out paper refunds.
  • "Trump Accounts" offer a new savings option for children under 18 with up to $5,000 in annual contributions.
  • Income from part-time work, gig jobs, and online sales must be reported, regardless of Form 1099-K issuance.
  • Taxpayers dealing with digital assets must report related transactions and income on tax forms.

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Man Buys $3 Silver Jug, Then One Symbol Underneath Changes Everything

Man Buys $3 Silver Jug, Then One Symbol Underneath Changes Everything

Summary

A man in Australia bought a silver jug for $3 at a thrift store and later sold it for over $500 after discovering it was made from Sterling silver. The man, who makes a living from buying and selling items found in thrift stores, recognized a hallmark on the jug that signified its high value.

Key Facts

  • The man purchased the silver jug for $3 from a local thrift store.
  • The jug had a hallmark, a small symbol indicating it was made from Sterling silver.
  • Sterling silver contains 92.5% pure silver and is considered a precious metal.
  • The man sold the jug for over $500, resulting in a significant profit.
  • The man frequently buys and sells items from thrift stores, mostly using eBay.
  • He learned about evaluating valuable items from his upbringing and by watching "Antiques Roadshow."
  • The man regularly checks thrift stores for valuable items, particularly silver, and shares his findings on Reddit.

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Trump to huddle with U.S. oil executives Friday on Venezuela

Trump to huddle with U.S. oil executives Friday on Venezuela

Summary

President Trump plans to meet with U.S. oil company leaders to discuss boosting oil production in Venezuela. Significant investment is needed to improve Venezuela's oil infrastructure, but companies have concerns about legal, security, and economic conditions. The meeting will include major oil companies like Chevron, Exxon, and ConocoPhillips.

Key Facts

  • President Trump will meet with U.S. oil company leaders at the White House to discuss Venezuela's oil production.
  • Venezuela has large oil reserves but low production due to underinvestment and other challenges.
  • Chevron is the only U.S. company currently operating in Venezuela under a special license.
  • Companies are cautious about investing due to legal, security, and economic uncertainties.
  • Major oil companies like Chevron, Exxon, and ConocoPhillips will be part of the meeting.
  • Venezuela's current oil production is below one million barrels per day.
  • Continental Resources is one company expressing interest in investing in Venezuela if conditions improve.

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Applebee's Launches Menu Change

Applebee's Launches Menu Change

Summary

Applebee's has updated its menu for the new year by adding new food and drink items, including fresh appetizers and returning popular $6 cocktails. The restaurant chain aims to attract customers with these menu changes, especially during holidays like Valentine's Day, despite challenges from rising prices and a preference for dining in.

Key Facts

  • Applebee's introduced new entrees, appetizers, and $6 cocktails in its latest menu update.
  • The new "Mucho Smoocho Sips" cocktails include the returning Tipsy Cupid and the new Prickly Ever After Rita.
  • These cocktails can be customized with additional options like Grey Goose vodka or Don Julio Reposado tequila.
  • A non-alcoholic drink called the Prickly Melon Rush has been added for those who prefer mocktails.
  • Applebee's operates 1,512 locations in the U.S. and internationally.
  • The chain is positioning itself as a budget-friendly brand, focusing on flavor and affordability.
  • Applebee's has previously added themed menu items to attract customers during holidays.

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Fujitsu 'not a parasite' for profiting after Horizon scandal, says boss

Fujitsu 'not a parasite' for profiting after Horizon scandal, says boss

Summary

Fujitsu is under scrutiny for continuing to profit from government contracts following the Horizon scandal, where its software led to wrongful prosecutions of over 900 sub-postmasters. The company's European chief, Paul Patterson, told MPs that Fujitsu will not bid for new UK contracts until an ongoing inquiry concludes, but he refused to disclose how much Fujitsu would contribute to a victim compensation fund. The UK government has set aside £1.8 billion for redress, with Fujitsu promising to contribute after the inquiry's findings are published.

Key Facts

  • Fujitsu's software was involved in wrongful prosecutions of over 900 sub-postmasters.
  • Paul Patterson, European boss of Fujitsu, spoke to MPs about the issue.
  • The UK government extended Fujitsu contracts by £500 million despite the scandal.
  • Fujitsu has promised to contribute to a £1.8 billion compensation fund but hasn't specified an amount.
  • Fujitsu will not seek new UK public contracts until an inquiry on the scandal is finished.
  • More than £1.4 billion has already been distributed to victims from the compensation fund.
  • Fujitsu has a long-term presence in the UK, employing around 5,000 people.
  • Fujitsu has stated that it extended its contract with the Post Office at the government's request.

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'Zootopia 2' Shatters Longstanding Disney Record

'Zootopia 2' Shatters Longstanding Disney Record

Summary

Disney's movie "Zootopia 2" has become the most successful animated film in Walt Disney Animation's history, earning $1.59 billion worldwide. This box office success adds to Disney's strong year in 2025, with other big hits including the live-action "Lilo & Stitch" remake and "Avatar: Fire & Ash."

Key Facts

  • "Zootopia 2" earned $1.59 billion worldwide, surpassing "Frozen II" as Disney Animation's most successful film.
  • "Frozen II" previously held the record with $1.453 billion in box office revenue.
  • "Zootopia 2" had a strong performance domestically, earning $364 million in the U.S. by early January 2026.
  • Two other Disney films, from Pixar, have made more: "Inside Out 2" earned $1.699 billion, and "Toy Story 5" is in contention to surpass this.
  • Disney's successful 2025 lineup also includes the live-action "Lilo & Stitch" remake, which grossed $1.038 billion.
  • "Avatar: Fire & Ash," released by Disney in December 2025, has earned over $1.088 billion.
  • Along with these hits, Disney had three more films each earning over $300 million globally in 2025.
  • Disney has the only films grossing over $1 billion from any studio in 2025.

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Hilton responds after DHS says franchise hotel canceled agents' stay

Hilton responds after DHS says franchise hotel canceled agents' stay

Summary

A Hilton franchise hotel near Minneapolis canceled reservations for Department of Homeland Security (DHS) agents due to their work on immigration issues. This action, which created a major media response, led Hilton to state that the franchise's actions did not reflect its values, and the hotel was eventually removed from Hilton's systems. The incident highlights the challenges and reputational risks that franchise models pose for global brands like Hilton.

Key Facts

  • A Hilton franchise hotel canceled reservations for DHS agents because of their immigration work.
  • Hilton stated that the action did not reflect the company's values and apologized.
  • Hilton removed the Minneapolis hotel from its systems in response.
  • Many people and media criticized the hotel chain, causing reputational harm.
  • The incident highlights a risk associated with franchise operations, where local decisions can reflect on the global brand.
  • Most of Hilton's 9,000 hotels are independently operated as franchises.
  • Hilton's stock fell by about 2% following the incident.
  • Experts suggest that clear communication and policies are needed to manage franchisee actions reflecting on the brand.

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Why the impact of tariffs may not be what you think

Why the impact of tariffs may not be what you think

Summary

New research indicates that the actual impact of tariffs on the U.S. economy is smaller than previously expected. Factors such as shipment lags, exemptions, and trade agreements have contributed to the effective tariff rate being lower than announced. While tariffs still affect economic conditions like unemployment, they do not seem to increase inflation in the medium term.

Key Facts

  • Actual tariff rates paid by importers are lower than rates suggested by White House policy, about 14% vs. 27%.
  • Shipment lags, exemptions, and trade agreements like U.S.-Mexico-Canada reduce the effective tariff rates.
  • The research suggests that tariffs have historically reduced inflation over the medium term.
  • Tariff impacts tend to cause lower demand and increased unemployment.
  • The gap between announced and actual tariff rates could persist or widen due to more exemptions.
  • Imports, particularly from Canada and Mexico, often avoid high tariffs due to trade agreement compliance.
  • Research from the San Francisco Federal Reserve indicates tariffs have not been historically inflationary.
  • The paper argues that, while tariffs are a tax on imports, they also create economic uncertainty.

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How Much Golden Retriever Vet Bills Cost in 2025—And It’s Eye-Opening

How Much Golden Retriever Vet Bills Cost in 2025—And It’s Eye-Opening

Summary

The article discusses the veterinary costs for a dog owner in 2025, highlighting how pet insurance significantly reduced her expenses. The total vet bills for her dog, Romy, exceeded $8,000, but her insurance lowered her actual payments to about $2,282. The story emphasizes the importance of pet insurance in managing high vet costs.

Key Facts

  • A dog owner shared her 2025 vet bills totaling $8,768.94 for her golden retriever/Labrador mix named Romy.
  • Thanks to pet insurance, she only paid $2,282.44 out of her pocket.
  • Romy's most expensive vet visit was in February, costing over $6,000 due to meningitis diagnostics.
  • Romy's health issues included meningitis, an infection, and gastritis.
  • The dog's pet insurance costs $932 annually.
  • Average pet insurance costs ranged from $122 to $640 per year in 2025.
  • Videos about Romy's vet experience received over 1.4 million views on TikTok.

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