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83°
Wednesday, jun 25
Chris Spiker
Reporter
cspiker@dailyvoice.com
Chris Spiker's Contributions
Business
TikTok Ban Delayed Again Despite Doubts About Trump's Legal Power: Reports
TikTok will reportedly stay available in the US for at least three more months despite legal questions surrounding President Donald Trump's authority to keep delaying enforcement of the ban. White House press secretary Karoline Leavitt said Trump will sign an executive order to extend a pause on the ban for 90 more days, CNBC reported. An extension would push the Thursday, June 19, deadline to Wednesday, Sept. 17. The divest-or-ban bill became law in April 2024. The ban's enforcement has been postponed for a third time under Trump, who once advocated for banning the popular video app. The …
Real Estate
Builder Confidence Sinks Near Pandemic Low As Trump Tariffs Worry Homebuyers
Homebuilder confidence just sank to its third-lowest level since 2012 as President Donald Trump's sweeping tariffs and stubbornly high mortgage rates scare off prospective homebuyers. Builder sentiment dropped two points to 32 in June, according to the National Association of Home Builders/Wells Fargo Housing Market Index released on Thursday, June 17. That's barely above the readings of 31 in December 2022 and 30 in April 2020. In the Northeast, sentiment slipped one point to 43 on a three-month moving average. A score above 50 means more builders see conditions as good than poor…
Business
Dunkin' Turning Your Iced Coffee Into Support For Kids In Need: Here's How
If you want to cool off with an iced coffee from Dunkin', you can also help out children. Dunkin' is holding its annual Iced Coffee Day on Wednesday, June 18. For one day, $1 from every iced coffee and cold brew sold at participating Dunkin' locations will be donated to the Dunkin' Joy in Childhood Foundation, which helps children battling hunger or illness. Every dollar raised stays local, supporting health and hunger relief programs in nearby neighborhoods. "Whether you're grabbing your go-to Iced coffee or refreshing cold brew, every sip on June 18 supports the communities that kee…
Business
Streaming Passes Traditional TV Viewing For First Time, Nielsen Says: Here's How
Streaming has officially overtaken traditional TV. In a record-setting month, streaming accounted for 44.8% of all television use in May, outpacing the combined share of cable and broadcast for the first time. The data came from Nielsen's monthly report of The Gauge, released on Tuesday, June 17. Broadcast TV made up 20.1% of total usage, while cable came in at 24.1%. The total of 44.2% was slightly behind streaming for the first time since Nielsen began tracking in May 2021. The shift reflects a dramatic rise in streaming over the past four years, with streaming usage jumpi…
Business
JetBlue Cutting Flights, Delaying Upgrades As Travel Demand Slumps: Report
JetBlue Airways is cutting more flights and scaling back investments as the airline industry struggles with declining demand, according to a report. JetBlue will reduce off-peak flying and trim unprofitable routes, according to an internal memo from CEO Joanna Geraghty obtained by CNBC on Tuesday, June 17. The New York City-based carrier will park four Airbus A320 jets it originally planned to update with new interiors, while upgrades for six others remain on track for 2026. The airline is also reevaluating hiring plans, may consolidate leadership roles, and could limit corpo…
Business
Retail Sales Fall Sharply As Trump Tariffs Hurt Consumer Spending In May
US retail sales fell more than expected in May as consumers pulled back on spending amid rising economic anxiety fueled by President Donald Trump's tariffs. Seasonally adjusted sales dropped 0.9% in May to $715.4 billion, the US Census Bureau said on Tuesday, June 17. That was even worse than the 0.6% decline forecasted by the Dow Jones consensus, CNBC reported. The tumble followed a downward revision for April, which is now listed as a 0.1% decrease. Compared to last May, sales were up 3.3%, but momentum appears to be slowing. The steepest decline came from a…
Business
Chase Boosts Sapphire Reserve Perks, Hikes Annual Fee To $795: Here's What You Get
Chase is taking its Sapphire Reserve card to a new level as it competes with American Express for luxury credit cardholders. The refreshed Chase Sapphire Reserve card was officially unveiled on Tuesday, June 17. The banking giant also announced the launch of the new Chase Sapphire Reserve for Business card. Both cards will officially be available on Sunday, June 23. While they're promoting at least $2,500 in annual perks, the cards have a steep $795 annual fee. That fee is 45% higher than when Sapphine Reserve first launched in 2016, CNBC reported. "The new Sapphire Reserv…
Business
New Airline Begins Nonstop Dominican Republic Flights At
Nyc-a
rea Airport
An airline from the Dominican Republic has officially started flying in the New York City area, offering budget-friendly flights to the Caribbean nation. Arajet began its service at Newark Liberty International Airport (EWR) on Monday, June 16, the airline announced in a news release. Newark is Arajet's second mainland US destination after flights launched at Miami International Airport in April. Arajet's CEO Victor Pacheco and the Dominican Republic's tourism director were among the 185 passengers who arrived at EWR on the inaugural flight from Las Américas Internationa…
Business
Busch Light Drops Newest Flavor For Summer: Here's What It Tastes Like
Busch Light is trying to recapture the popularity of its fruit-flavored beers with a new flavor in time for the summer. Anheuser-Busch announced the release of Busch Light Lime on Monday, June 16. The beer will be available for a limited time in 25 states, including Connecticut, Maryland, New Jersey, New York, Pennsylvania, and Virginia. The lime-flavored lager is described as crisp and smooth, with a sweet front and a clean finish. It joins a roster of other fruit-based beers like apple and peach. Busch Light Apple was a huge success for the brand before the beer was discontinued in 2022,…
Business
Major Home Goods Chain Declares Bankruptcy, Blames Trump Tariffs: See List Of Closing NY Stores
A popular home goods retailer is declaring bankruptcy, citing President Donald Trump’s sweeping tariffs and a significant drop in consumer spending. At Home has filed for Chapter 11 bankruptcy, the Dallas-area company announced on Monday, June 16. The retailer said it reached a deal with lenders to eliminate nearly $2 billion in debt and receive a $200 million capital infusion. The move will allow At Home to continue operating during the court-supervised restructuring process. "We are continuing to offer the home furnishing pairings that customers expect to find at our store…
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