Rachel Cruze is warning young adults — especially young men — that chasing “quick” money through sports betting, cryptocurrency and risky real estate moves could put their financial futures at risk. Cruze, a financial coach, best-selling author and co-host of “The Ramsey Show,” told FOX Business the mistake she sees…
Polestar said on Thursday that the Trump administration is forcing the electric vehicle maker to stop selling vehicles in the U.S. starting with the 2027 model year under a new regulation cracking down on China-linked automakers. The Commerce Department’s Bureau of Industry and Security (BIS) declined to grant Polestar authorization…
Dell Technologies on Thursday announced that shareholders granted their approval to the company’s plan to switch its state of incorporation from Delaware to Texas. Michael Dell, founder and CEO of Dell Technologies, announced the results of the shareholder vote, which was overwhelmingly in favor of the move, in a social…
Apple on Thursday announced that it raised prices on its iPad and MacBook devices because of rising memory and chip costs amid the rapid buildout of the AI industry. The tech giant excluded its primary cash cow, the iPhone, from the price hikes but will raise prices on the other…
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Managing one’s finances can be challenging, especially when faced with conflicting — and often wrong — information fed to people,…
How people tackle their finances can vary but, according to new research from PYMNTS, there are two ways that are…
FICO said on Monday that it is going to incorporate buy now, pay later (BNPL) data into credit scores as…
The average net worth that Americans feel is needed to qualify as wealthy has surprisingly declined, compared to last year,…
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Retirement remains top of mind for many Americans, whether they are approaching their so-called “golden years” or have many years to go before leaving the workforce. How much money a person needs to have saved to retire without financial stress is an important consideration in…
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This is a developing story about the final reading of U.S. first-quarter GDP. Please check back for updates. The U.S. economy grew at a faster pace than expected in the first quarter, according to the Commerce Department’s estimate.The Bureau of Economic Analysis (BEA) on Thursday released its final reading of first-quarter GDP,…
Elon Musk is no longer worth more than $1 trillion, less than two weeks after becoming the first person to reach the milestone. Musk’s net worth was valued at $946 billion as of Wednesday, according to the Bloomberg Billionaires Index. That is down from about $1.11 trillion less than 14…
Treasury Secretary Scott Bessent on Tuesday outlined the Trump administration’s approach to economic statecraft in a speech in which he outlined five core principles guiding the White House’s strategy. Bessent spoke Tuesday night at the Economic Club of New York’s America 250 gala dinner and said that as the nation…
EXCLUSIVE — Former New York Gov. Andrew Cuomo is taking aim at both legacy financial institutions and Washington gridlock, warning that the U.S. is wasting time on a technology that could significantly lower costs for working-class families. Speaking exclusively with Fox News Digital about his new role as co-chair of…
As American travelers feel the pinch of inflation and elevated airline costs, Delta Air Lines CEO Ed Bastian revealed exactly what it will take for ticket prices to decline, pointing directly to a lack of market supply rather than solely fluctuating fuel costs. “People ask me all the time –…
Traffic by tankers transiting the Strait of Hormuz has picked up amid the negotiations between the U.S. and Iran aimed at ending the war, which has caused oil prices to decline with more supply hitting the market. The two sides have agreed to open the key shipping route for oil…
Coca-Cola and the IRS are heading to court with $20 billion on the line amid a years-long dispute over the beverage company’s reporting of profits made in the U.S. and overseas. The soda giant is taking its case to a federal appeals court in Miami as it looks to resolve…
The affordability of the U.S. housing market may not improve significantly over time for would-be homebuyers, with a new report suggesting that they shouldn’t wait in the hopes of affordability measures returning to their pre-2022 levels. Sarah Wolfe, a senior economist and strategist at Morgan Stanley, said in a report…
Americans’ contributions to their 401(k) savings accounts hit record highs in 2025, according to a new report from Vanguard. Among employees with active 401(k) accounts in both December 2024 and December 2025, median account balances increased by 27%, according to the report, titled How America Saves 2026. Of those same participants,…
Mortgage rates fell this week to the lowest level in more than a month, 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 declined to 6.47% from last week’s reading of 6.52%. The average rate…
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