Business

Americans who are looking to buy a home are facing a difficult market in terms of affordability due to high mortgage rates that are expected to persist into next year. Interest rates on a 30-year fixed mortgage have risen more than a full percentage point since the start of the…

Cryptocurrency giant Binance said Thursday that a major security incident had an estimated total impact of approximately $6.3 billion, with $3 billion already frozen, as the exchange temporarily suspended deposits and withdrawals and pledged to cover customer losses. In a statement to FOX Business, a Binance spokesperson said the company…

Google parent Alphabet lost approximately $500 billion in market value Thursday after its shares plunged nearly 13% following disappointing quarterly earnings, marking the second-largest single-day market value loss in stock market history. Alphabet’s Class A shares closed at $283.82, down 12.64%, wiping approximately $499.8 billion from the company’s market capitalization,…

Walmart announced Wednesday it is rolling out a $35 holiday meal basket, which the retail giant says can feed 10 people as families look to keep grocery costs in check while inflation continues to weigh on Americans’ wallets. The Bentonville, Arkansas-based retailer said its 2026 Holiday Meal Basket includes 26…

DoorDash said on Thursday it would buy Instacart in a deal valued at about $17 billion, stepping up its push into the fast-growing U.S. grocery delivery market as competition among app-based platforms intensifies. DoorDash has offered Instacart shareholders $65 per share held, representing a premium of about 26% to the…