Mortgage rates inch lower this week
The average rate on the 30-year fixed mortgage fell this week to 6.74%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.75%.
FOX Business Briefs 7/24
American Airlines restores profit outlook; Chipotle customers are buying fewer burritos; TD Bank to start requiring in-person work; McDonald’s to test line of new premium drinks.
Pharmacy chain closing 114 more stores across multiple states
Bankrupt pharmacy chain Rite Aid is planning to shutter 114 more locations across the country, including in states such as Pennsylvania, California and New York.
CEO calls out Fed’s Jerome Powell for ‘not acting’ in accordance with economic data
Azoria CEO James Fishback weighs in on Federal Reserve Chairman Jerome Powell’s widely criticized move to not lower rates.
Court allows women to sue Qatar Airways over alleged strip searches
Judges overturned a lower court's dismissal, allowing Australian women to sue Qatar Airways and an airport operator over alleged strip searches.
Social Security benefits face 24% cut in less than a decade as trust fund dries up, new analysis reveals
Social Security's retirement trust fund is facing insolvency by late 2032, potentially triggering a 24% benefit cut for 62 million retirees if Congress doesn't act, an analysis found.
Trump's AI action plan is 'critical' for national security, congressman says
Rep. French Hill, R-Ark., discusses President Donald Trump's new A.I. executive order and what the GENIUS Act means for stablecoins on 'Mornings with Maria.'
Powell's closed-door Fed meetings spark lawsuit from Azoria Capital: 'Public deserves to know'
Filed in the U.S. District Court for the District of Columbia, Azoria Capital's lawsuit claims that the bank's closed-door meetings violate the Government in the Sunshine Act of 1976.
Uber announces feature allowing women to select female preference for riders, drivers
Uber announced a "Women's Preferences" to allow women riders and drivers in the U.S. to only be connected with other women for their trips through the ride-sharing service.
TD Bank to require staff to return to office four days a week
TD Bank has directed employees to work in the office four days a week starting this fall, following other firms seeking to ditch remote work, according to a memo from the company.
Kevin O’Leary ‘doesn’t know’ if Mamdani is ‘crazy,’ he wants to set up a meeting
O’Leary Ventures chairman Kevin O’Leary discusses President Donald Trump’s tariffs' effect on the market, NYC mayoral candidate Zohran Mamdani and more on ‘The Bottom Line.’
Skydance informs Trump’s FCC it will eliminate DEI at Paramount, create CBS News ombudsman following merger
Skydance committed to removing DEI programs and establishing a bias complaint system at CBS News as it seeks FCC approval for Paramount merger.
FOX Business Briefs 7/23
Auto stocks get boost from Japan trade deal; Hilton lifts 2025 profit forecast; AT&T adds subscribers; Wendy's and Netflix's “Wednesday” cook up "Meal of Misfortune".
Microsoft identifies Chinese hacking groups behind persistent SharePoint server attacks
Microsoft identified three China-based hacking groups targeting SharePoint vulnerabilities in the ongoing cyberattack, and urged customers to ensure they've applied security updates.
Musk looks to expand robotaxi service
William Blair energy and power technologies group head Jed Dorsheimer discusses what to look out for after the Tesla earnings call and more on 'The Claman Countdown.'
Socialist-leaning candidates gain ground in US cities as business backlash grows
Progressive policies have gained momentum as democratic-socialist candidates win primaries in New York and Minneapolis, despite businesses fleeing cities such as Chicago.
Saudi Arabia becomes top buyer of Russian fuel oil despite looming Trump tariffs on Moscow
Rising summer temperatures drove Saudi Arabia to become Russia's largest seaborne fuel oil customer in June, allowing the kingdom to export more of its crude oil at higher prices.
Charles Payne: 'This is a roaring bull market'
'Making Money' host Charles Payne analyzes shifting narratives during the stock market rally.
Housing market 'cooling' as Trump mulls ending capital gains tax on homes: Expert
'Mansion Global' host Katrina Campins joins 'Varney & Co.' to discuss President Donald Trump weighing a decision to end capital gains taxes on home sales.
Income has a 'very powerful' effect on the housing market, Larry Kudlow says
'The Big Money Show' panel weighs in on the challenges in the real estate industry and the impact Federal Reserve Chairman Jerome Powell has had on the market.



















