This story about the July 2026 PCE inflation report will be updated with further details. The Federal Reserve’s preferred inflation gauge rose slightly in July as the pace of price growth remained well above the central bank’s target ahead.The Commerce Department on Wednesday reported that the personal consumption expenditures (PCE) index rose…
EXCLUSIVE: Just two weeks after the Florida Chamber of Commerce launched a viral Times Square ad crowning New York City Mayor Zohran Mamdani as Florida’s “Economic Developer of the Year,” corporate decision-makers are answering the call. In an exclusive interview with Fox News Digital, Florida Chamber President and CEO Mark…
Disney is moving forward with a program allowing longtime employees in certain roles the opportunity to accept an early retirement package ahead of anticipated restructuring. The entertainment giant outlined the voluntary early retirement offer (VERO) available to tenured executives who meet eligibility criteria in an internal email sent by Disney…
Dick’s Sporting Goods on Tuesday revised its 2026 outlook and warned of weakening consumer demand for athletic apparel and footwear. The sports apparel and footwear retailer’s stock declined over 29% during Tuesday’s trading session, on pace for a record one-day percentage drop if the losses hold, after it also missed…
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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…
L3Harris Technologies said on Monday that CEO Christopher Kubasik stepped down from the role after an investigation by the board…
Harvard University’s investment arm disclosed a $2.2 billion stake in SpaceX, revealing a massive payoff from an early investment in…
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close video Mortgage rates fell for the second week in a row, 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 6.65% from last week’s reading of…
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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…
While recent economic data suggests South Florida has lost its cost advantage over New York, top real estate developers argue the numbers fail to tell the full story. Key executives behind major residential skyscrapers in Manhattan and Miami argue South Florida is playing long-overdue catch-up after decades of underpriced real…
A machete- and pickaxe-wielding man was arrested after allegedly smashing into a jewelry display at a South Carolina Costco before customers and employees helped detain him, according to local reports. Greenville police responded Thursday to the Costco on Woodruff Road after receiving reports of an armed robbery in progress, WSPA…
Safeway is closing additional stores as parent company Albertsons Companies reassesses its retail footprint following the collapse of its proposed $24.6 billion merger with Kroger. Albertsons told USA Today that the company had slowed its potential “portfolio optimization” efforts while the Kroger transaction was pending, then resumed evaluating its store…
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…
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…
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…
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