American renters got some price relief in February as the national median asking rent dipped to the lowest level in four years, with some metro areas seeing notable declines. An analysis by Realtor.com found that the median asking rent for 0 to 2-bedroom properties in the 50 largest metro areas declined…
School districts in several states are facing mandates to incorporate electric buses into their school bus fleets, with the EVs bringing with them different operating costs and posing new challenges. Several states, including New York and California, have implemented requirements that school districts buy zero-emission school buses with their new purchases.…
Cruise lines are facing headwinds as rising oil prices push their fuel costs higher amid the Iran war, as analysts are warning that Carnival could see the biggest hit to its 2026 profit. Oil prices have risen over 35% since the war with Iran began amid attacks on oil and transportation facilities…
Honda announced a $15.7 billion writedown of its electric vehicle (EV) business last week as the company shifts its U.S. strategy to account for weak consumer demand for EVs. The second-largest automaker in Japan said Thursday that it will restructure its EV business and cancel three planned battery-powered EV models that…
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Papa John’s International is reportedly reviewing a new proposal to take the company private in a potential $1.5 billion acquisition,…
The Internal Revenue Service has doled out millions of tax refunds amid the ongoing 2025 tax filing season. More than…
There’s good news for potential homebuyers: mortgage rates continued to trend down this week. In January, rates hit 7.04%, the…
Annual inflation increased to 2.8% in February, an unexpected decline from 3.0% in January, according to the Consumer Price Index (CPI)…
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This story on the January 2026 PCE inflation report is developing and will be updated with more details. The Federal Reserve’s preferred inflation gauge remained stubbornly high in January as consumers continued to face elevated price growth.The Commerce Department on Friday reported that the personal consumption expenditures…
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Chipotle CEO Scott Boatwright suggested in leaked audio that the company would begin focusing on customers who make more than $100,000 per year, indicating further price hikes. During a recent earnings call, Boatwright said 60% of customers earn more than $100,000 a year and that he wants to “lean into…
Actress Sydney Sweeney rang the opening bell at the New York Stock Exchange (NYSE) on Monday alongside American Eagle Outfitters Chairman and CEO Jay Schottenstein. Sweeney was also joined by other executives from the retailer as she signed a book on the trading floor.The actress partnered with American Eagle in 2025 for…
President Donald Trump on Friday signed an executive order to expand beef imports from Argentina as consumers face higher prices amid supply constraints impacting the U.S. cattle industry. Trump’s order implements a trade framework he reached with Argentina in November that aims to increase beef imports to help mitigate the surge…
Players who will take the field for Super Bowl LX on Sunday will face a significant tax bill due to the game’s location triggering what’s known as a “jock tax.” Super Bowl LX will be played in Santa Clara, California, and the Golden State is one of a number of states…
The recent surge in gold and silver prices to record highs will make the medals awarded at the 2026 Winter Olympics the most expensive in history. The Milan Cortina 2026 Winter Olympics officially begin on Friday and the value of the gold and silver medals that will be awarded to the winners…
The Dow Jones Industrial Average closed above 50,000 points for the first time on Friday as stocks rallied in response to a rout in tech shares earlier in the week. The closely watched index rose above 50,000 for the first time after 2 p.m. during Friday’s trading session, advancing 1,206.95…
The Dow Jones Industrial Average topped 50,000 points for the first time on Friday as investors rallied in response to a rout in tech stocks earlier in the week. The closely watched index rose above 50,000 for the first time after 2 p.m. during Friday’s trading session after rising more…
Stellantis on Friday announced it will take a $26.5 billion charge as the automaker cuts back on electric vehicle (EV) production, joining other manufacturers in taking a financial hit after misjudging consumer demand for EVs. Stellantis – the parent company of brands including Chrysler, Jeep, Dodge and Ram – became the latest…
Mortgage rates ticked higher 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 increased to 6.11% from last week’s reading of 6.10%. The average rate on a 30-year loan was 6.89% a year…
Wall Street giant Citi on Thursday informed the company’s U.S.-based employees that the firm plans to match the federal government’s seed contribution to newborns’ Trump Accounts, and will also donate to efforts to boost participation. Citi sent an internal message that was reviewed by FOX Business and notified employees that…
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