Business

Delta flight abruptly makes midair U-turn after smoke reported from engine

Authorities told FOX Business Wednesday that a Delta Air Lines flight was forced to turn back Tuesday after an engine issue was detected shortly after takeoff in Texas. Fire department officials confirmed that crews reported smoke coming from one of the aircraft’s engines.  Delta Air Lines said flight 1676 took off…

Senate Banking chair says Powell didn’t commit crime in testimony

Senate Banking Committee Chair Tim Scott said Wednesday that he doesn’t think Federal Reserve Chair Jerome Powell committed a crime during his testimony last summer about the central bank’s costly renovation project. Scott, R-S.C., said in an appearance on FOX Business’ “Mornings with Maria” that while he has other issues with…

Chrysler recalls more than 450,000 vehicles over brake light failure

Chrysler is recalling more than 450,000 vehicles and more than 2,000 tow-trailer modules over a brake light failure that could raise the risk of a crash, according to the National Highway Traffic Safety Administration (NHTSA). The recall affects 456,287 vehicles and an additional 2,871 tow-trailer modules, the NHTSA said in…

LARRY KUDLOW: For the midterms, it’s still early in the game

Lots of smart people think President Trump and the Republicans have a very steep uphill climb if they expect to win the midterms, especially the House. Newt Gingrich thinks if the election were today the GOP would lose. I’ve been exhorting GOP leaders to tout the red-hot economy with numbers…

Homebuilders reportedly developing ‘Trump homes’ program to improve affordability

Homebuilders are reportedly developing a plan to address prospective buyers’ concerns about affordability with what they’re calling “Trump homes” that would cater to first-time homebuyers. Bloomberg reported, citing people familiar with the matter, that homebuilders including Lennar Corp. are developing a proposal that would see builders sell homes as part…