Mortgage rates fell this week after President Donald Trump announced a two-week ceasefire between the U.S. and Iran, 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 declined to 6.37% from last week’s reading of…

Amazon is signaling a major shift in how it plans to serve customers, starting with rewriting parts of its own playbook. CEO Andy Jassy released his annual letter to shareholders on Thursday, writing that the tech giant is not content to simply add artificial intelligence features to its existing retail…

Americans are facing a tale of two grocery lists. While some prices are cooling, the items families rely on most for energy and nutrition — meat and coffee — are seeing sharp increases that wipe out any savings in the bread aisle.Fourteen of the 25 most common grocery store staples…

This story about the February 2026 PCE inflation is developing and will be updated with more details. The Federal Reserve’s preferred inflation gauge remained stubbornly high in February as consumers continued to face elevated price growth.The Commerce Department on Thursday reported that the personal consumption expenditures (PCE) index rose 0.4% on a…

This story about the fourth-quarter GDP report is developing and will be updated with more details. The U.S. economy grew at a slightly slower pace than expected in the fourth quarter, according to the Commerce Department’s estimate.The Bureau of Economic Analysis (BEA) on Thursday released its final reading of fourth-quarter GDP, which…

A Federal Reserve policymaker is warning that it could make sense to raise interest rates if inflation remains elevated above the Fed’s 2% target amid uncertainty over the duration of the oil and gas price shock. Federal Reserve Bank of Cleveland Beth Hammack said in an interview with The Associated…

California is seeing an influx of interest from foreign real estate buyers as the state’s proposed wealth tax drives an exodus of billionaires. The wildfires that devastated Southern California in January 2025 prompted an uptick in international demand for luxury homes in the Los Angeles area, which rose by 18.2%…

Energy Secretary Chris Wright warned that California’s insufficient energy production could pose a national security risk as President Donald Trump moves to reduce the state’s dependence on foreign oil. Wright criticized California politicians, including Gov. Gavin Newsom, for making California an energy-starved island by outsourcing oil and gas imports from…

Southwest Airlines is rolling out stricter rules on portable chargers as concerns over lithium battery fires continue to rise on commercial flights. In an internal message sent to employees Tuesday and reviewed by FOX Business, the Dallas-based carrier announced that beginning April 20, passengers will be limited to one lithium-powered…

One of the many faults with today’s Democratic party is they don’t know how to win. They are defeatists. They find themselves on the wrong side of all kinds of 80-20 issues, like open borders, defending illegal criminals, waste, fraud, and abuse corruption, tax hikes, and men in women’s locker…