This year’s federal budget deficit is now outpacing last year’s as federal spending is growing at a faster rate than tax revenue, pushing the annual shortfall closer to $2 trillion. The nonpartisan Congressional Budget Office (CBO) on Thursday released its monthly budget review for the month of June, which showed…

Carnival Cruise Line hosted a traditional steel-cutting ceremony on Friday at the Fincantieri shipyard in Monfalcone, Italy, marking a major milestone in the construction of its newest next-generation ship, Carnival Destiny, set to debut in summer 2029. The event featured a high-tech 3D hologram giving onlookers a first look at…

Delta Air Lines sees higher fares staying in place for consumers amid higher costs for fuel and other expenses, even if oil prices return to more moderate levels and allow jet fuel costs to decline in turn. Delta CEO Ed Bastian said on the company’s quarterly earnings call that the…

A passenger on a Ryanair flight was reportedly nearly sucked out of a broken window in midair on Friday morning. The incident occurred on Flight 1879 from Thessaloniki, Greece, to Memmingen, Germany, after a piece of debris came off one of the airliner’s engines and broke the window shortly after…

Asked by media figure Andrew Ross Sorkin on Wednesday whether he would back Secretary of State Marco Rubio or Vice President JD Vance in a 2028 Republican presidential primary contest, multibillionaire Ken Griffin indicated that he had backed Rubio in the past and would be predisposed to do so again,…

As oil prices react to the latest back-and-forth between the United States and Iran, fingers are being pointed as to why gas prices remain closer to $4 a gallon than $3 a gallon. The price of a barrel of oil influences the price of gas. Within the cost of a…

American consumers hoping for a swift end to years of inflationary pressures are facing a harsh reality check. While recent relief at the gas pump offered a temporary reprieve, corporate supply chain strains and the lingering effects of global trade and geopolitical shocks are expected to keep prices elevated for…

The Food and Drug Administration is moving forward with a regulatory overhaul to limit U.S. reliance on foreign drugs and cut red tape to allow American manufacturers to fill the space, FOX Business has learned. The FDA is proposing a new rule Friday that aims to streamline processes for American…

United Airlines must face a lawsuit filed by passengers who say they paid extra for window seats that had no actual windows. On Monday, U.S. District Judge James Donato in San Francisco rejected the airline’s attempt to have the lawsuit dismissed.UNITED FLIGHT RETURNS MIDAIR AFTER BLUETOOTH DEVICE NAME REPORTEDLY SPARKS…

Mortgage rates moved slightly higher this week but have remained relatively steady in recent weeks, mortgage buyer Freddie Mac said on Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average interest rate on the benchmark 30-year fixed mortgage rose to 6.49%, up from last week’s reading…