Business
Housing affordability varies dramatically depending on where you live. A new Realtor.com report released this week graded the nation’s 100 largest metro areas based on housing affordability and the pace of new home construction.Joel Berner, senior economist at Realtor.com, told FOX Business that the rankings were designed to capture the…
California Gov. Gavin Newsom, a likely 2028 presidential contender, signed an executive order Friday calling on the federal government to take a more active role in regulating artificial intelligence. He said in a statement that the Trump administration has abdicated “its responsibility to protect Americans,” as AI becomes more advanced…
Legendary investor Warren Buffett is stepping down as chairman of Berkshire Hathaway, the company said on Friday. “Serving as your Chairman has been the privilege of a lifetime, and I have never taken your trust for granted,” Buffett said in a letter to shareholders. “Father Time always wins. He has,…
American homeowners expecting peak-market valuations are confronting a changing real estate landscape following the Federal Reserve’s latest interest rate decision. Rising borrowing costs are shrinking the pool of qualified buyers, signaling a potential wave of price reductions for sellers seeking to close deals before year-end, real estate insiders told Fox…
California High-Speed Rail Authority officials rubber-stamped hundreds of thousands of dollars in travel charges incurred by outside consultants, according to a new report from the state’s inspector general. The lavish spending revelations come as the $126 billion project has become a national symbol of government waste. Sixteen years after voters…
Toys R Us is launching its biggest U.S. expansion in years, with 120 new standalone stores set to open in time for the holiday shopping season. The retailer announced Thursday that it will open the new standalone stores across the U.S. this holiday season through a partnership with Go! Retail…
Americans celebrating National Cheeseburger Day Friday can score free and discounted burgers at major restaurant chains, including McDonald’s, Burger King, Wendy’s, Five Guys and others. Most of the deals are available through restaurant loyalty programs or mobile apps, and several require a minimum purchase.McDonald’s Members of the MyMcDonald’s Rewards program…
The policy agenda of the Democratic Socialists of America (DSA) would cost between $71 trillion and $212 trillion in fresh spending over a decade, according to a new analysis. The progressive wing of the Democratic Party has had electoral success recently, with some candidates backed by the DSA advancing in…
Executives from American Airlines, United Airlines and Southwest Airlines said Wednesday that higher jet fuel prices are prompting carriers to adjust capacity and closely monitor flight schedules. The global average jet fuel price rose 6.1% week over week to $181.46 per barrel last week, according to the International Air Transport…
President Donald Trump is planning to hold a state dinner next week to mark a visit by Chinese President Xi Jinping, and several tech industry leaders are expected to attend. OpenAI CEO Sam Altman and Apple Executive Chairman Tim Cook are both reportedly planning to attend the state dinner.Nvidia CEO…