Waiting for mortgage rates to fall? Why experts say it won't make a difference
Industry experts tell FOX Business that lower mortgage rates won't necessarily make the market more affordable to homebuyers, especially in the long term.
US vacationers are pulling back
The heads of some of the biggest global travel brands including Hilton and Airbnb have hinted that the U.S. consumer is pulling back on leisure travel.
Ex-Trump official fears fate of small businesses under a Harris admin
Former Small Business Administration Administrator under Trump Linda McMahon details what a Harris-Walz presidency would mean for small businesses.
Trump and Harris support ending taxes on tips: What do experts think?
Donald Trump and Kamala Harris have proposed eliminating taxes on tips in what is sure to be a hot campaign issue. Neither camp has offered details and experts are unsure if it'll work.
Housing market changes are coming: How buyers, sellers could be affected
Changes under the National Association of Realtors settlement take effect Saturday, paving the way for more negotiations of agent commissions and transparency.
US single-family housing starts dented by Hurricane Beryl, higher mortgage rates
Single-family housing starts, which account for the bulk of homebuilding, tumbled 14.1% to a seasonally adjusted annual rate of 851,000 units last month.
Moms turn to TikTok, each other to ease burden of high grocery prices
Moms around the country are demonstrating hacks at grocery stores, in kitchens and on social media to help other families who need to stretch their grocery budgets.
Starbucks CEO ousted: What Brian Niccol faces as new top boss
Starbucks has tapped a new CEO to turn around the company that has faced back-to-back quarters of declining traffic. However, there are some hefty challenges ahead.
Parents feel the pinch with inflated back-to-school costs: 'A never-ending nightmare'
Parents are bracing themselves for a growing number of expenses for the upcoming school year, from clothes, school supplies and classroom supplies to extracurricular activities.
US producer prices rise less than expected in July
Slowing inflation and a cooling labor market have led financial markets to anticipate that the Federal Reserve will start its easing cycle in September.
California farmer supporting Trump-Vance ticket: Anything we say to Democrats 'falls on deaf ears'
California farmer Steve Samra explains why he is supporting a Trump, JD Vance ticket, explaining "we feel we are being heard."
Economic turbulence 'effectively assured' Fed will cut interest rates in September
The stock market was all over the place this week, with a large drop on Monday due to a weak jobs report.
JPMorgan sees a greater chance of a US recession this year
JPMorgan analysts in a Wednesday note raised the odds that the U.S. economy slides into a recession this year to 35%, citing easing labor market pressures.
US homebuyers sacrifice safety for affordability
A number of potential homeowners, especially younger generations, are facing a tough choice. Some of them are choosing affordability over their physical safety when looking for a home.
Parents putting off paying bills, buying groceries for back-to-school expenses
Parents are finding themselves in a bind this summer, forced to have to give up certain necessities like groceries and bills just to afford back-to-school shopping.
FTC launches investigation into grocers over high food prices
Federal Trade Commission Chair Lina Khan is directing the commission to look into what tactics big grocery chains are using to "hike prices and extract profits."
California fast-food workers demanding more pay
Fast-food workers in California are fighting for another wage increase just a few months after the state implemented a controversial law to boost minimum wages from $16 to $20.
Mortgage payments soar for prospective homeowners in swing states: Realtor.com
Buyers in swing states have seen mortgage payments practically double in the last four years due to rising home prices and mortgage rates.
Roche ‘fast-tracking’ weight-loss drug that rivals Wegovy
Pharmaceutical giant Roche is "fast-tracking" its own weight-loss pills in clinical trials as it looks to compete with Novo Nordisk's Wegovy and Eli Lilly's Zepbound.
The fast food minimum wage effect: higher prices, reduced hours
The Employment Policies Institute surveyed restaurants in California to understand the economic impact the fast food minimum wage law has had on the industry.