Economy

The average rate for a 30-year fixed-rate mortgage declined this week for the first time since March to 7.09% as home affordability continues to stifle the housing market.

President Biden falsely claimed in an interview Wednesday that inflation was 9% when he entered the White House. It was, in fact, 1.4% when he took office.

There's "a big problem" with commercial real estate today, and Donald Trump's friend and confidant Steve Witkoff claims the former president has solutions to save economies.

Fed Chairman Jerome Powell made some of the right moves, but failed the delayed gratification test and signaled that he would lower rates. Why? He bowed to political pressure, of course.

Baltimore's CFG Bank created a special bank account for depositors to give 0.05% of their interest to a relief fund for families and workers affected by the Key Bridge collapse.

FOX Business takes a deeper look into the highest-paying entry-level jobs for graduates. April marked the worst month for job creation since October.

J.D. Power released its 2024 North America Airline Satisfaction Study, which highlighted the airlines whose investments in staff training and overall travel experience paid off.

A Trump-era economist warns if the former president goes to jail, U.S. markets could tank as yields go "way, way up" and equities go "way, way down."

Droves of high-profile celebrities and major corporations are seeking out Nicky DiMaggio's services to get a seat at some of the most coveted restaurants.

FOX Business host Larry Kudlow takes a hit at Stormy Daniels' testimony against former President Trump, saying it should have been "inadmissible."

Minneapolis Federal Reserve President Neel Kashkari said that interest rates may remain elevated for an "extended period" this year until policymakers see more evidence of inflation declining.