A shift in the U.S. housing market may finally be opening the door for first-time homebuyers, as improving affordability and rising inventory create new opportunities across several key regions. Jacksonville, Florida, leads the list as the top market for first-time buyers this year, followed by Birmingham, Alabama; San Antonio, Texas;…

Federal Reserve Bank of New York President John Williams warned that the effects of the Iran war on energy prices could spread across multiple sectors of the economy. FOX Business host Liz Claman noted during her interview with Williams Thursday on “The Claman Countdown” that gasoline is used in far…

Red Lobster is reportedly weighing the return of its popular “Endless Shrimp” promotion as part of a broader push to revive sales following its 2024 bankruptcy. The all-you-can-eat deal – which previously contributed to millions in losses – could come back as a limited-time offer, possibly as soon as this…

The “magic number” that Americans believe they need to have saved for retirement jumped from a year ago as some express anxiety about their retirement savings. Northwestern Mutual released a study on Wednesday which found that the amount of retirement savings Americans think they need to retire comfortably rose to $1.46 million.That…

Albertsons is closing additional stores and cutting jobs nationwide as it works to stabilize operations following the collapse of its $24.6 billion merger with Kroger, intensifying pressure on the grocery chain. The Boise, Idaho-based company — which operates banners including Safeway, Vons and Pavilions — has announced a new round…

Some Americans are already locking in their summer travel plans, and this year’s top destination may come as a surprise. New data from AirDNA, which tracks Airbnb and Vrbo listings, shows Jackson Hole, Wyoming, leading the nation in short-term rental bookings for summer 2026, with 45.5% of properties already reserved…

close video Mortgage rates rose this week as the conflict in Iran continues to weigh on markets, 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 6.46% from last week’s reading of…

McDonald’s isn’t playing chicken with the competition anymore. On Thursday, the fast-food giant announced the full lineup of its revamped McValue menu, signaling a strategic retreat from record-high prices that have alienated its core middle-class customer base.Starting April 21, the world’s biggest burger chain is launching a standardized, nationwide McValue…

One year ago, President Donald Trump launched sweeping global tariffs, ratcheting up trade tensions and fueling new concerns about the U.S. and global economy. Dubbed “Liberation Day,” the tariffs targeted imports broadly, with Trump arguing they would fix trade imbalances and curb reliance on foreign goods. A year later, many of…

A new analysis finds that a 10% credit card interest rate cap would shrink access to credit, affecting well over 100 million American cardholders in the process. Some Republican and Democratic lawmakers have expressed support for capping credit card interest rates at 10%, a measure that also received support from the…