High mortgage rates, declining budgets indicate home-price growth to slow in coming months
Homebuyer budget growth has slowed "significantly" which is a sign that home-price growth will continue to slow in the coming months.
Airline travel to take off after COVID testing drops for international trips
FOX Business' Madison Alworth reports on the latest guidance from the White House and hears from travelers at Newark Liberty International Airport.
Gas prices hit $5 nationwide
Gas prices nationwide reached $5 per gallon, according to AAA. It's a level not seen since the group began tracking the data in 2000.
OECD forecasts higher inflation as it slashes global economic growth outlook
The OECD became the latest international institution to downgrade the global economic outlook -- the result of inflation, the Russian war in Ukraine and COVID-19 lockdowns in China.
COVID vaccines: FDA to meet over Novavax
A Food and Drug Administration (FDA) advisory committee is meeting on Tuesday to discuss a request for emergency use authorization (EUA) for Novavax COVID vaccines.
US production of Pfizer's Paxlovid to expand
Vaccine-maker Pfizer said Monday that it would invest $120 million at its facility in Michigan, boosting U.S.-based production of the PAXLOVID coronavirus pill.
Musk says Tesla's total headcount will increase
Tesla CEO Elon Musk now says he expects the overall headcount at the electric automaker to grow over the next year but the number of salaried staff should be little changed.
Larry Kudlow: A breakdown of Biden's 'non-plan' to fight inflation
FOX Business host Larry Kudlow rips President Biden's plan to address inflation and reveals a better plan to help the struggling U.S. economy on 'Kudlow.'
Flight cancellations pile up on busy Memorial Day weekend
More than 250 flights have been canceled Sunday for flights to and from U.S. cities during peak travel periods over the Memorial Day holiday weekend. Over 1,000 were canceled Saturday.
City population declines related to pandemic: Census Bureau
Thursday estimates from the Census Bureau revealed population loss in eight of the 10 largest U.S. cities during the first year of the deadly coronavirus pandemic.
Demand for May air travel increases despite elevated prices: report
Consumers are booking flights at increased levels despite rising prices, illustrating the "strong appetite" for air travel, according to a recent analysis.
Costco ends mortgage program membership perk
Costco is no longer offering a mortgage program for its members.
Record food prices decrease slightly in April: UN agency
World food prices fell in April after a large jump in March, according to the United Nations' Food and Agriculture Organization (FAO).
San Francisco Bay Area counties saw significant population declines last year
Counties in California's Bay Area saw significant population declines over the past year, according to the state's Department of Finance.
US economy facing 'a lot of challenges right now': Labor Secretary Marty Walsh
Labor Secretary Marty Walsh acknowledged on Friday, shortly after the department’s “strong” monthly jobs report was released, that currently there are “a lot” of economic challenges.
Russia's war with Ukraine contributing to rising cost of ingredients, gas for bakeries
The owner of a Connecticut bakery described how Russia's war with Ukraine has been impacting his business as the conflict has been contributing to the rising cost of ingredients and gas.
Biden's inflation blame game leans on shifting scapegoats
Biden has recently made a concerted effort to blame Russia's ongoing invasion of Ukraine as the main source of economic turmoil in the U.S., pointing to disrupted markets.
Next threat to prices: A surge in costs to ship products
Container ship operators and big importers like IKEA and Walmart Inc. will soon negotiate freight rates that could affect the prices consumers pay for everything from jeans to cars.
Russia-Ukraine crisis could have ‘real repercussions’ on Americans’ wallets, expert warns
Experts and lawmakers sound the alarm on how conflict between Ukraine and Russia poses threats of a cyberattack and surging food prices.
White House looking for another $30B as COVID-19 pandemic continues
The Biden administration is telling Congress that it needs an additional $30 billion to press ahead with the fight against COVID-19, officials said.