Business
The majority of U.S. residents earning less than $50,000 a year are struggling to afford their regular mortgage or rent payments, with some resorting to skipping meals just to make ends meet, according to a Redfin survey. The survey, commissioned by the real estate firm, found that 74% of respondents…
Millions of Americans reach retirement age each year, and choosing where they want to spend their golden years can be a big decision. On Monday, U.S. News & World Report declared the seaside city of Naples in southwestern Florida to be 2025’s top city for retirement, beating out 149 other cities…
The Department of Justice (DOJ) is expected to request a judge to force Alphabet’s Google to sell its Chrome internet browser, which the DOJ claims has been used to maintain an illegal monopoly on online searches, according to reports. A federal judge ruled in August that Google had built an…
Business tycoon Elon Musk suggested in a post on X that Scott Bessent, who previously worked as chief investment officer for Soros Fund Management, would be a status quo Treasury secretary pick, but that Trump transition co-chair Howard Lutnick would be a change agent. Musk posted about his preference on…
Exclusive: Republican lawmakers in Congress are stepping up oversight of how the Federal Trade Commission (FTC) and the agency’s chair, Lina Khan, scrutinized a pair of high-profile energy sector mergers, arguing the regulator was favoring a political agenda over genuine competitive concerns. House Judiciary Committee Chair Jim Jordan, R-Ohio, and Sen.…
President-elect Trump is continuing to announce new appointments to his Cabinet and other executive branch positions following his electoral victory nearly two weeks ago, though the Treasury secretary position remains unfilled. FOX Business Network senior correspondent Charles Gasparino reported Monday, citing two sources with direct knowledge of the matter, that…
The Trump victory dance shows no sign of letting up and that’s the subject of the riff. One of the most remarkable parts of Donald Trump’s landslide victory is that eleven days later his victory lap continues, in what must be a historic celebration. Mr. Trump himself continues what is…
Hedge funds including Millennium Management, Capula Management and Tudor Investment increased their exposure to U.S. spot bitcoin exchange-traded funds in the third quarter, securities filings showed, as a popular election-driven arbitrage trade ramped up. President-elect Donald Trump embraced digital assets during his campaign, promising friendly regulation and to accumulate a…
Thanksgiving is often a popular time for travel and, according to newly-released projections from AAA, this year is poised to be another busy holiday period. Some 79.9 million people will make trips at least 50 miles from where they live in the six-day span from Nov. 26, the Tuesday before…
Tesla shares surged more than 8% on Monday morning before tapering off in the early afternoon following a report over the weekend that President-elect Trump’s transition team is looking to ease the regulations surrounding self-driving vehicles. The report from Bloomberg Sunday said Trump’s team is planning to develop a regulatory…