More than 200,000 magnetic building toys were recalled over an ingestion hazard after two children who swallowed magnets required surgery, according to federal regulators. About 213,500 Goody King Magnetic Building Cubes and Blocks sets are affected by the recall, the U.S. Consumer Product Safety Commission announced Thursday.The building cubes can…
Meta is partnering with North America’s Building Trades Unions (NABTU) to expand the pipeline of skilled workers needed to build and maintain America’s rapidly growing AI infrastructure. The partnership, announced Wednesday, will give Meta access to NABTU’s network of apprenticeship and training programs while helping connect skilled trades workers with…
Mortgage rates fell for the first time in six weeks, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage fell to 6.67% from last week’s reading of 6.69%. The average rate on a 30-year loan…
Ford Motor Co. is giving its Louisville Assembly Plant a massive makeover as it prepares to build a new electric truck in 2027. The automaker is investing $2 billion to transform the roughly 3-million-square-foot Kentucky factory from gas-powered vehicle production to EV manufacturing, according to an announcement from Ford.The plant…
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Apple is reportedly in the process of testing memory chips made by Chinese company CXMT across its lineup of devices,…
The U.S. government’s Strategic Petroleum Reserve (SPR) is at its lowest level since 1983 as inventories that were already low…
McDonald’s sales growth came in slower than expected when the company released its second quarter earnings on Tuesday, with leaders…
Oil prices fell on Monday as markets embraced hopes for the de-escalation of the Iran war, despite uncertainty over the…
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Wealthy Americans are investing in New Zealand’s “golden visas” as they look to relocate to the South Pacific nation. The Financial Times reported that over 700 wealthy foreigners have applied for New Zealand’s golden visa in the last 14 months – an increase from 115…
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President Donald Trump is considering renewing his push to fire Federal Reserve Governor Lisa Cook over mortgage fraud allegations amid an ongoing legal debate over the president’s ability to remove members of the independent central bank, FOX Business has learned. The White House is seeking a response from Cook within…
This story about the July 2026 jobs report will be updated with further details. The U.S. economy unexpectedly shed jobs in July amid headwinds caused by elevated inflation and uncertainty over the Iran war’s economic impact.What are the key findings of the July 2026 jobs report? The Bureau of Labor…
Job cuts slowed in July as companies stepped up their hiring plans, while artificial intelligence (AI) continues to be cited as a leading reason for workforce reductions, new data shows. Companies announced 33,429 job cuts in July – a decrease of 27% from the 45,849 announced in June, and a…
Housing affordability remains a concern for would-be homebuyers as the income needed to afford a typical U.S. home remains near historic highs and well above what most American households earn, though there are signs of improvement from a year ago. Home prices surged in 2022 and 2023 amid strong demand…
close video Mortgage rates rose this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage climbed to 6.69% from last week’s reading of 6.66%. The average rate on a 30-year loan was 6.63% a…
When financial anxiety spikes, the impulse to aggressively pay off a car loan or mortgage seems like a bulletproof step toward financial freedom, but credit repair expert and influencer Micah Smith warns that suddenly paying off those loans can actually backfire and drag down your credit score. Instead, turning around…
Investors are turning to artificial intelligence (AI) tools for guidance on their finances and investments, though they remain skeptical of its output and continue to lean on human advice ahead of key decisions, new data shows. A new study by Gallup conducted in partnership with Edward Jones found that about…
A nationwide recall has been issued for dog and horse medication after fiberglass was found floating in injection vials. American Regent, Inc. announced that select lots of Adequan Canine Injection and Adequan i.m. Injection joint medication are affected by the recall.The recall includes two lots of Adequan Canine Injection, which…
The development of a skyscraper in New York City that will house Ken Griffin’s Citadel is moving forward despite his feud with New York City Mayor Zohran Mamdani. The skyscraper project at 350 Park Avenue is being developed by Griffin’s Citadel in partnership with Vornado Realty Trust and Rudin, and…
Minneapolis Federal Reserve President Neel Kashkari on Wednesday outlined why he thinks the central bank should raise interest rates to curb persistent inflation and head off the need for more substantial monetary policy action at a later date. Kashkari was one of the three Fed policymakers who dissented from the…
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