Beach towns in Delaware are attracting a growing number of retirees as the region emerges as an alternative destination to more prominent locations like Arizona and Florida, and it’s straining local resources. A new report by Bloomberg notes retirees are flocking to Sussex County in southern Delaware, which has seen…
Federal Reserve Chair Kevin Warsh on Friday delivered his first keynote address at the annual Jackson Hole Symposium on monetary policy, outlining his views of the economy and his perspective on why he thinks the central bank’s forward guidance should be reined in. Warsh emphasized that the Fed is focused…
Federal Reserve Chair Kevin Warsh on Friday delivered his first keynote at the annual monetary policy conference in Jackson Hole, Wyoming, against a backdrop of uncertainty over inflation, as well as how he will guide policymakers as they consider interest rate moves. Warsh’s speech comes as the Federal Reserve has held interest…
FIRST ON FOX: A new policy report warns that the AI data center boom could drive up the cost of laptops, smartphones, cars and other everyday products as chipmakers shift scarce memory-chip capacity toward more profitable AI applications. The report, published by the Abundance Institute and first viewed by Fox…
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Dick’s Sporting Goods on Tuesday revised its 2026 outlook and warned of weakening consumer demand for athletic apparel and footwear.…
Google is reportedly moving forward with shifting all manufacturing of its Pixel devices outside of China starting in 2027. The…
Starbucks is laying off over 200 corporate workers as it moves forward with the turnaround strategy that it began two…
Casino and resort operator Bally’s issued a warning that it may struggle to keep up with its debt burden over…
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A new report by the Government Accountability Office (GAO) warns Americans’ retirement plans may be sharing or selling personal information that can be used to market financial products and services. Over 126 million Americans are enrolled in employer-sponsored retirement plans, such as a 401(k) or…
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The Treasury Department on Thursday moved forward with new rules for investments in Trump Accounts that aim to exclude investment funds rooted in environmental, social and governance (ESG) criteria, FOX Business has learned. The rules restricting ESG funds from being included in Trump Accounts come alongside other rules ensuring that…
Some universities are now allowing students and their families to pay tuition through PayPal and Venmo. Among the first institutions offering the payment options are Bellarmine University, Butler University, Kansas State University, Michigan State University and Texas Tech University, although more universities are expected to join later this year.Students and…
The U.S. national debt crossed another historic milestone on Wednesday as it topped $40 trillion for the first time in history amid persistent federal budget deficits that are causing the debt to soar higher. Data from the Treasury Department released on Wednesday showed that the gross national debt reached $40,047,425,768,420.22…
Car insurance costs trended higher in the first half of this year after declining in 2025, and a new report projects increases in over 30 states this year. An analysis by Insurify found car insurance premiums fell 6% last year, with drivers in 39 states seeing a decline in average…
More than 600 bags of frozen dog food are facing a recall after FDA testing prompted by a consumer complaint found salmonella contamination. Connecticut-based Oma’s Pride issued a recall for one lot of Woof Complete Canine Chicken Recipe, the company announced on Monday.A total of 639 bags are affected by…
Financial markets and investors are reacting to the rapidly growing U.S. national debt, which is approaching a record of $40 trillion, by requiring greater returns for those who invest in America’s debt obligations. Yields on U.S. Treasurys have been elevated recently, in part due to the growth in debt, with…
Home Depot customers are still spending on their homes, with smaller projects supporting demand as Americans contend with elevated mortgage rates and high home prices. The home improvement retailer said Tuesday that second-quarter sales rose 5.7% from a year ago to $47.9 billion, while comparable sales increased 1.7%. Comparable sales…
ChatGPT-maker OpenAI on Tuesday announced that it’s creating a new portal for teenagers between the ages of 13 and 17 as it looks to address concerns about online safety for young people. The company made the announcement exclusively on-air with Fox News’ “Fox & Friends” on Tuesday morning and outlined…
Chrysler parent Stellantis announced on Monday that nearly one million vehicles worldwide are being recalled over radio software that may prevent rearview cameras from displaying images properly. About 955,000 Chrysler, Jeep, Dodge and Ram vehicles are affected by the recall.This covers more than 848,000 vehicles in the U.S., including various 2026 and 2027…
L3Harris Technologies said on Monday that CEO Christopher Kubasik stepped down from the role after an investigation by the board of directors found he engaged in misconduct, which led to the company reaching a separation agreement with him and naming his successor. L3Harris’ announcement didn’t disclose the specific findings of…
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