Home prices see sharpest rise since November even with lackluster demand
Home prices climbed in recent weeks and faced their sharpest increase since November, according to Redfin. This comes despite lackluster buyer demand.
Accelerated adoption of AI could automate 30% of Americans’ work hours: McKinsey
A McKinsey Global Institute report found that rapid advancements in generative artificial intelligence technologies could see about 30% of Americans' hours worked automated by 2030.
Gas prices may spike as much as 10 to 25 cents this week in some states
Temps are soaring across the nation, challenging refineries, while the price of oil is rising. The combination may result in higher prices in the middle of the summer travel season.
Inside an American back-to-school staple: Crayola Crayons
FOX Business' Lauren Simonetti goes inside the Crayola factory in Easton, Pennsylvania, to pull the curtains back on one of the world's largest crayon producers.
Gas prices spike amid high oil prices: AAA
The national average price for gas rose to $3.58 for the week ending July 20, AAA reported. Gas price bumps can add to overall auto costs, but there are ways to lower these expenses.
Existing home sales fall again amid worsening supply shortage
The sale of previously owned homes slumped again in June as high mortgage rates and worsening supply shortage left would-be buyers with limited options.
Canadian government recruits high-skilled foreigners in US to work in Canada
The Canadian government rolled out a special work permit program targeting U.S. H-1B visa holders this week, filling its quota of 10,000 applicants in just two days.
Investors still bearish on US economy amid slowdown fears
A Bank of America survey indicated fund managers remain bearish about the state of the U.S. economy, even as stock markets continue to march higher.
Retail sales rise less than expected in June as spending cools
The Commerce Department released new retail data on Tuesday morning, revealing that consumer spending barely rose last month even as inflation moderated.
Yellen warns of 'negative spillover' from China's economic slowdown
Treasury Secretary Janet Yellen warned that China's economic slowdown risks "negative spillovers" into the U.S., but maintained a recession is unlikely.
National Ice Cream Day: Celebrate with your favorite frozen treat and these fun numerical facts
In honor of National Ice Cream Day, grab a scoop of ice cream and learn more about the financial and economical impact America's favorite frozen treat has on this country.
US home prices rise for first time in nearly 5 months
Median U.S. home prices have risen over a four-week period ending July 9. New listings are down 27% on an annual basis, marking the biggest drop since the start of the pandemic.
June inflation report likely to show 'war hasn't yet been won'
The Labor Department is releasing the key June consumer price index data this week, shedding light on how quickly inflation is receding from the economy.
Gas prices fall slightly despite holiday demand increase
The average price for a gallon of gas was $3.52 for the week ending July 6, AAA reported. And overall lower gas prices are encouraging Americans to seek road trips this summer. But inflation, high interest rates and recession fears may hold them back.
June job growth dips to lowest level since 2020, but Fed still expected to raise interest rates again
The economy added 209,000 jobs in June, slowing from the previous month. But despite this slowdown, the Fed could still be on track to raise interest rates yet again later this year.
Treasury Secretary Yellen meets with Chinese Premier, urges communication
Treasury Secretary Janet Yellen met with Chinese Premier Li Qiang in Beijing on Friday to discuss economic collaboration and restore diplomatic partnerships.
June jobs report likely to point to resilient labor market
The Labor Department's June jobs report is expected to show that the U.S. economy added 225,000 jobs last month despite aggressive interest rate hikes.
Mortgage rates hit highest level this year
The rate on the 30-year fixed mortgage reached the highest level of the year this week, climbing to 6.81%. It’s the second consecutive week of higher rates.
Sheetz lowered gas to $1.776 per gallon in major Fourth of July discount
Convenience store chain Sheetz is offered customers a patriotic discount at the gas pump for the Fourth of July by selling gas for just $1.776 per gallon.
Real estate expert says Texas city has become a 'major player'
The Rogers Healy Companies CEO and owner, Rogers Healy discusses the commercial real estate boom in Fort Worth, Texas.



















