Federal investigators are examining a crash in which two Amazon Prime Air delivery drones struck a construction crane in Tolleson, Arizona, a city west of Phoenix, on Wednesday. Tolleson police said the morning crash occurred in a commercial area near 96th Avenue and Roosevelt Street, according to FOX 10 Phoenix.The…
The ongoing partial government shutdown prevented the Labor Department from releasing the anticipated September jobs report as scheduled on Friday, causing economic data watchers to turn their attention to alternative sources to gauge labor market conditions. The Bureau of Labor Statistics’ September jobs report was expected to show the economy added…
Mortgage rates have climbed for the second straight week, despite the Federal Reserve delivering its first interest rate cut in nearly a year, underscoring that a range of factors influence borrowing costs. Freddie Mac reported Thursday that the average rate on the benchmark 30-year fixed mortgage rose to 6.34%, up…
Cracker Barrel is ending its partnership with Prophet, the consulting firm behind its failed rebrand. The chain faced intense backlash after unveiling a new logo and redesigned stores that longtime fans said stripped away what they loved most about the brand.Cracker Barrel’s restaurants, long known for their kitschy Americana décor,…
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A listeria outbreak affecting certain recalled prepared meals sold at Trader Joe’s and Walmart has led to four deaths as well…
Boeing is reportedly developing a new single-aisle airplane that will eventually replace its 737 Max aircraft, which has faced a…
A listeria outbreak affecting certain recalled frozen meals sold at Trader Joe’s and Walmart has led to four deaths as well…
German aviation group Lufthansa is cutting 4,000 administrative jobs over the next five years as it seeks to raise profitability…
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Beef prices are at a record high in the wake of a drought that left cattle inventory at the lowest level in 70 years amid strong demand, resulting in price increases for steak and ground beef. The Bureau of Labor Statistics’ consumer price index report…
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Ford is packing up and will soon move to its new headquarters a short drive down the road. The automaker announced it is moving from its current location – dubbed the “Glass House” – in Dearborn, Michigan, to a new site a few miles away that will officially open in…
Nearly 1,800 Spirit Airlines flight attendants will lose their jobs just before the busy Christmas travel season, the airline confirmed. “As part of our ongoing restructuring, we are taking steps to align staffing with our fleet size and expected flight volume,” the airline said in a statement to FOX Business.”In…
A new suite of exchange-traded funds dedicated to American business is in the pipeline and backed by Trump Media and Technology Group. The funds, also known as “Truth Social Funds,” will span domestic icons, security and defense, next frontiers, energy and real estate investment funds in red states, according to…
ABC’s move to suspend Jimmy Kimmel’s show following his comments on the assassination of conservative activist Charlie Kirk comes amid a decline in late-night TV viewership and advertising revenue. Disney-owned ABC announced the move on Wednesday after a pair of prominent media groups that own ABC affiliates, Nexstar and Sinclair, announced…
ABC sidelined late-night talk show host Jimmy Kimmel over his controversial comments about the assassination of conservative activist Charlie Kirk after Nexstar Media Group said it would preempt Kimmel’s show. A spokesperson for ABC, which is owned by Disney, said in a statement on Wednesday that “Jimmy Kimmel Live will be…
close video Mortgage rates fell again 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 fell to 6.26% from last week’s reading of 6.35%. The average rate on a 30-year loan was 6.09%…
The Federal Trade Commission (FTC) on Thursday filed a lawsuit against Ticketmaster and its corporate parent, Live Nation, accusing the companies of deceiving performing artists and consumers about price and ticket limits. Seven states joined the FTC’s lawsuit against Ticketmaster and Live Nation for allegedly engaging in tacit coordination with brokers…
The Federal Reserve on Wednesday cut its benchmark interest rate by 25 basis points in its first cut of the year, marking a move that could ease monthly payments on mortgages, credit cards and other loans. The Fed’s benchmark rate helps set the prime rate, which banks use to determine…
The families of four victims who died in an Air India crash earlier this year are blaming faulty fuel switches for the incident that killed 260 people. In the first lawsuit filed in the U.S. over the crash, the families are accusing plane maker Boeing and Honeywell, which made the…
The Federal Reserve on Wednesday cut interest rates for the first time in 2025 and released policymakers’ quarterly forecast of economic conditions that shows the potential outlook for further rate cuts, as well as inflation and the labor market. The 25-basis-point cut lowered the benchmark federal funds rate to a new…
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