Business
EXCLUSIVE: The Federal Reserve’s costly renovation project will have a new manager as Fed Chair Kevin Warsh has tasked the General Services Administration (GSA) with managing the completion of the project. On Wednesday, the Fed’s Office of Inspector General released a report which found that while there was no administrative…
Investors have survived September, the historically worst month of the year for stock market returns. Outside of February (which has an average return that’s just barely negative), September is the only month to average a negative return for the S&P 500. The S&P 500 was actually positive for September this…
There hasn’t been much media to-do about this. So let me try to bring to your attention the Wall Street Journal editorial page calling for Jerome Powell to resign today. Is anybody talking about it? Well one person who talked about it before the editorial was published, was, wait for…
Buying a newly built home is now cheaper than purchasing an existing one in many U.S. housing markets. Newly built homes now offer better value than existing homes nationwide and across one-third of major U.S. metro areas. In July, they sold for a median of $205 per square foot, compared…
Amazon is locking in nuclear power for the next two decades under a deal with Constellation Energy that will support more than $3 billion in infrastructure investment as electricity demand continues to climb. The 20-year agreement covers 690 megawatts of power from Constellation’s Calvert Cliffs Clean Energy Center in Maryland…
After President Donald Trump imposed a new series of import bans on certain Canadian goods that became effective Tuesday, American consumers and small business owners in particular could bear the brunt of the impact, investment advisor Karan Ramchandani told Fox News Digital in an exclusive interview. “The small and mid-business…
California business owners need the confidence and ability to reinvest in the state’s economy, according to real estate mogul Mauricio Umansky, who argued that “bringing business back to California is critical” as voters weigh competing visions for the state’s future. The Agency founder and CEO joined FOX Business’ Stuart Varney…
The NASA SpaceX Crew-13 mission launched to the International Space Station on Thursday from Cape Canaveral Space Force Station in Florida. The crew onboard the mission utilizing SpaceX’s Falcon 9 rocket and Dragon spacecraft are NASA astronauts Jessica Watkins, Luke Delaney, CSA (Canadian Space Agency) astronaut Joshua Kutryk and Roscosmos cosmonaut Sergey Teteryantnikov. “So…
Mortgage rates rose to the highest level since November 2023, 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 rose to 7.28% from last week’s reading of 7.03%.The average rate on a 30-year loan…
President Donald Trump praised Boeing and its 737 MAX after a FlyDubai jet survived a dramatic plunge during an apparent attempt to crash the Israel-bound aircraft with more than 170 people aboard. Trump congratulated the U.S. aerospace giant Thursday, singling out the aircraft’s ability to withstand the extreme forces it…