Economy

The average rate for a 30-year fixed-rate mortgage fell slightly this week but is still hovering around 7%, remaining stubbornly high in the struggling housing market.

Pfizer announced that it is advancing its oral weight-loss treatment, called danuglipron, to the next round in an ongoing study after seeing "encouraging" results.

The Labor Department on Thursday released the closely watched June consumer price index report, revealing just how hot inflation was running last month.

The Las Vegas Mirage Hotel and Casino will be closing July 17 after nearly 35 years, but not before it hands out cash prizes in the amount of $1.6 million.

Those looking to get a Costco membership might want to do so before Sept. 1, when the company plans to raise the price for both gold and executive options.

Antitrust regulators in the Biden administration's FTC have challenged and investigated several high profile proposed mergers and acquisitions in recent years over competition concerns.

Rents are increasing around the country. However, Redfin is seeing some relief in several Florida metros, underscoring how the state is bucking this nationwide trend,

Foreclosure filing for the first half of 2024 fell from the same time in 2023, but some states have seen alarming spikes so far this year, according to a new report.

FOX Business host Larry Kudlow says working-class Americans have experienced an "affordability crisis" under the Biden administration on "Kudlow."

Overtourism has grown into a contentious issue for many cities as they emerged from the pandemic lockdown and handled the surge of travel that followed it.

Big Lots announced last month in an SEC filing that it will be closing 35 to 40 stores this year, despite opening three new ones. The company operates more than 1,300 U.S. stores.

Target has another exclusive item this summer that has become all the rage on social media and has collectors urging people to head to the store to pick up theirs.

Amazon is working to boost the number of its electric delivery vehicles for its last mile delivery. However, its facing a similar issue as other global car manufactures: charging.

New figures published by S&P Global Intelligence show that 75 companies filed for bankruptcy in June, the highest number recorded in one month since 2020.