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…
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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…
CUPERTINO, Calif. – Apple delivered its strongest June quarter on record, reporting $109.4 billion in revenue and beating analysts’ estimates…
Visa on Tuesday announced plans to cut 7% of its workforce, or about 2,600 jobs, as the payment processor moves…
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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…
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Some older Ford cars and SUVs pose “unreasonable” safety risks, according to federal regulators, warning that the timing belt may fail, causing them to lose power or engines to seize. The National Highway Traffic Safety Administration announced on Monday that it has upgraded a defect investigation into 135,551 Ford vehicles…
The U.S. housing market is trending in two different directions as a new report from Zillow finds that while demand for luxury homes is surging, starter home sales are softening with growing inventory. Zillow’s data defines starter homes as those in the 5th to 35th percentile of home values in…
Financial regulators in the Trump administration are proposing changes to a banking industry rule that critics say has been diverted from its original purpose to funneling funds from financial institutions to left-wing advocacy groups. The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation on Friday…
The Federal Reserve left its benchmark interest rate unchanged this week despite three dissenting votes from Fed governors who would’ve preferred the central bank hike rates to help rein in stubbornly-high inflation, they explained on Friday. The Federal Open Market Committee (FOMC), the Fed panel responsible for monetary policy moves,…
A new rival to Wall Street officially debuted on Friday as the Texas Stock Exchange went fully live for the first time with trading available for all of its listed tickers. The Texas Stock Exchange, which is based in Dallas, is the first new major stock exchange to launch in…
Treasury Secretary Scott Bessent said in an interview on Thursday that he expects economic growth to pick up later this year with core inflation trending lower, while he warned that there have been growing tensions with China over artificial intelligence and rare earths. Bessent spoke with FOX Business’ Edward Lawrence…
More than 120,000 refrigerators are being recalled over a fire and burn hazard after federal regulators received 34 reports of fires, including one that reportedly resulted in a death. About 121,680 Galanz Retro Refrigerators are affected by the recall, the U.S. Consumer Product Safety Commission (CPSC) announced on Thursday.”The recalled…
Mortgage rates rose this week to the highest level in a year, 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 6.66% from last week’s reading of 6.58%. The average rate on a…
The Federal Reserve’s preferred inflation gauge fell in June, as the pace of price growth pulled back amid volatility in energy markets. The Commerce Department on Thursday reported that the personal consumption expenditures (PCE) index declined 0.1% on a monthly basis in June and was up 3.7% from a year ago. Both…
This story about the advance estimate of second-quarter GDP will be updated with further details. U.S. economic growth slowed unexpectedly in the second quarter of the year, according to the Commerce Department’s advance estimate.The Bureau of Economic Analysis (BEA) on Thursday released its advance estimate of second-quarter GDP, which showed the…
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