A new Federal Reserve working paper found the record surge in illegal immigration during the Biden administration triggered higher home prices and rents. The findings arrive as immigration remains a polarizing political issue. Republicans argue former President Joe Biden’s border policies strained housing and public resources, while Democrats say immigration…

Oil prices hovered near pre-conflict levels Sunday after OPEC+ agreed to increase production again, adding to global crude supplies as exports through the Strait of Hormuz continued to recover following months of disruption. The oil-producing alliance said it will raise output targets by 188,000 barrels per day beginning in August,…

In an Independence Day announcement, tech billionaire Michael Dell and his wife Susan unveiled a “public-private partnership” aimed at giving millions of young Americans a direct financial stake in the nation’s economy. The Dell Technologies CEO took to X on Saturday to announce they are giving $250 each to the…

This Fourth of July marks the 250th anniversary of the founding of the U.S., and while Americans around the country are celebrating the occasion, it also serves as an opportunity to reflect on what helped make the U.S. the world’s largest economy and the reasons it’s still a great place…

American brands are going all in on red, white and blue as the country prepares to celebrate its 250th birthday. From $17.76 burger deals and eagle-shaped coffee cups to collectible Coca-Cola cans and limited-edition snacks, companies are rolling out patriotic promotions tied to America’s semiquincentennial.Steak ‘n Shake Steak ’n Shake…

Bassett’s Ice Cream has survived economic downturns, changing consumer tastes and generations of competition while remaining under family ownership since its founding in 1861. Now led by its sixth generation, the Philadelphia institution is marking another milestone as America prepares to celebrate its 250th anniversary. FOX Business correspondent Jeff Flock…

An 8-year-old Arizona boy celebrating his birthday at Disneyland got the surprise of a lifetime Friday when he was named the California theme park’s honorary 1 billionth guest. Andres Robles and his family, who traveled from Arizona, were greeted by Mickey Mouse and Minnie Mouse during a ceremony on the…

The federal government is urging state attorneys general to probe and prosecute any illegal activities contributing to high fuel costs for Americans. “Although crude oil prices are now dropping rapidly, far too much of that price cut is being withheld from Americans when they pay for gasoline,” the letter, signed…

As Americans gear up to celebrate America’s 250th birthday, many major retailers and restaurants will stay open, close or operate with reduced hours on July 4. Big-box and grocery stores, including Sam’s Club and Kroger, and several restaurants, including Olive Garden and Taco Bell, will stay open on the holiday.…

John Vithoulkas, the County Manager in Virginia’s Henrico County, is asking county employees to cut back on power usage as electricity rates soar 25% across Virginia, the state with by far the most data centers.  In a June 26 email sent out to all county employees and obtained by the…