Rebel Creamery has filed for Chapter 11 bankruptcy protection in Utah, reporting approximately $13.78 million in assets and $23.85 million in liabilities as it appeals a $23.785 million judgment awarded to rival Van Leeuwen Ice Cream in a trade-dress dispute. Rebel ice cream is sold at Walmart, Kroger, Safeway and…
Harvard University’s investment arm disclosed a $2.2 billion stake in SpaceX, revealing a massive payoff from an early investment in Elon Musk’s rocket company following its blockbuster public debut. Harvard Management Company reported the position in a regulatory filing Friday, making SpaceX the largest individual stock holding disclosed in its…
New data from the Federal Reserve Bank of New York found that while overall delinquency rates improved for overall debt burdens, new delinquencies rose slightly for auto loans and mortgages and remained elevated for credit cards. The New York Fed found that aggregate delinquency rates improved in the second quarter…
When the federal government began depositing a $1,000 seed contribution into newly launched Trump Accounts for eligible children in July, personal finance expert and Ramsey Solutions personality George Kamel didn’t hesitate to claim the funds for his own young son. Though Kamel gladly took “a little money back” from Uncle…
Trending
Spotlight This Week
More ArticlesMoney
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…
Featured Articles
This story about the July 2026 CPI inflation report will be updated with further details. Inflation cooled slightly in July even as the pace of consumer price growth from a year ago remains elevated, as the Federal Reserve considers a potential interest rate hike next…
All News
Wendy’s has lost its place as America’s runner-up to McDonald’s, ending a six-year run as the second-largest burger chain, being surpassed by a resurgent Burger King. Burger King reclaimed the No. 2 position as its U.S. turnaround gains momentum, with domestic same-store sales jumping 8.5% in the second quarter. Wendy’s,…
For Americans looking for an affordable meal out, geography can make a big difference in what they pay for a cheeseburger, fries and a soda. A $15 bill is still enough to cover a cheeseburger, fries and a soda in some U.S. cities, but not everywhere.A recent DoorDash State of…
Household affordability challenges are leading some consumers to consider refinancing their auto loans to save money on monthly payments. Stephanie Roberts, director of auto products at PenFed Credit Union, told FOX Business that expanded access to credit terms has allowed consumers to more easily check the rates available to them…
A nationwide recall has been issued for dog and horse medication after glass fibers were 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,…
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…
Editor's Pick
