close video Mortgage rates rose 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 climbed to 6.69% from last week’s reading of 6.66%. The average rate on a 30-year loan was 6.63% a…

Billionaire investor Bill Ackman warned that New York City’s rent freeze, tax policies and limits on development could worsen the city’s affordability crisis by discouraging construction and investment. In a wide-ranging interview with Fortune published Wednesday, the Pershing Square Capital Management founder argued that government policy is driving up housing…

When financial anxiety spikes, the impulse to aggressively pay off a car loan or mortgage seems like a bulletproof step toward financial freedom, but credit repair expert and influencer Micah Smith warns that suddenly paying off those loans can actually backfire and drag down your credit score. Instead, turning around…

Professional sports teams and leagues have gotten in bed with sports gambling websites, and now, perhaps the most famous sports team in the entire world has gone another step. The New York Yankees and Polymarket announced Thursday a deal in which the site has become the team’s official prediction market…

New York City Mayor Zohran Mamdani’s taxpayer-funded grocery store proposal is reigniting debate over whether government-run businesses can compete over the long term without relying on public subsidies. Barstool Sports founder Dave Portnoy joined FOX Business’ Stuart Varney on “Varney & Co.” to weigh in on Mamdani’s proposal, which has…

Budget Australian airline Jetstar will begin charging passengers for storing carry-on bags in the overhead compartments as part of an overhaul of the airline’s cabin baggage policy. The new policy will take effect in February 2027, costing travelers between $18 and $37, depending on the route, to stow large bags on a…

This story discusses suicide. If you or someone you know is having thoughts of suicide, please contact the National Suicide Prevention Lifeline at 988 or 1-800-273-TALK (8255). TikTok said Wednesday that a moderator error delayed the removal of a livestream appearing to show celebrity blogger Perez Hilton engaging in self-harm.Law…

Investors are turning to artificial intelligence (AI) tools for guidance on their finances and investments, though they remain skeptical of its output and continue to lean on human advice ahead of key decisions, new data shows. A new study by Gallup conducted in partnership with Edward Jones found that about…

A nationwide recall has been issued for dog and horse medication after fiberglass was found floating in injection vials. American Regent, Inc. announced that select lots of Adequan Canine Injection and Adequan i.m. Injection joint medication are affected by the recall.The recall includes two lots of Adequan Canine Injection, which…

Walgreens is continuing to close underperforming stores in 2026, although the pharmacy chain is reportedly planning fewer closures than previously projected. The company is expected to close fewer than 100 stores in 2026, down from earlier internal projections of roughly 700, Inc. reported.Walgreens announced in October 2024 that it intended…