More luxury homebuyers paying with cash this year, report says
Rich homebuyers are making more all-cash purchases of luxury homes this year, according to a recently-released report from Coldwell Banker Real Estate.
Jewish New Yorkers ‘very afraid’ of future in city after Mamdani's primary victory
Ben Soffer raises the alarm over NYC antisemitism and Zohran Mamdani’s mayoral prospects after the candidate avoided condemning an alleged anti-Jewish phrase.
OpenAI chief declares love for US while lamenting Democratic Party's radical turn against 'techno-capitalism'
OpenAI CEO Sam Altman declares pride in America while feeling "politically homeless" as Democrats shift away from his techno-capitalist values.
Amazon to shut down streaming app, moving content to Prime Video platform
Tech giant Amazon’s ad-supported Freevee app will soon stop being available, with its content slated to move onto the company’s Prime Video platform.
Ackman backs Adams to stop socialist Mamdani, calls on Cuomo to drop out
Billionaire businessman Bill Ackman has endorsed New York City Mayor Eric Adams to defeat socialist Zohran Mamdani and called on former New York Gov. Andrew Cuomo to drop out of this year's mayoral race.
China trade war threatens US fireworks industry: Stars, Stripes and Sticker Shock
The American fireworks industry warns tariffs could dampen Fourth of July celebrations in 2026.
Mortgage rates fall for fifth straight week, lowest since mid-April
The average rate on the 30-year fixed mortgage fell this week to 6.67%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.77%.
Best and worst times to travel during the Fourth of July weekend
Travel on the July 4th holiday weekend is expected to hit a record with 72.2 million Americans journeying at least 50 miles from home, according to AAA.
Gordon Chang warns China is 'making very fast gains' in 'real competition' over AI
Gatestone Institute senior fellow Gordon Chang weighs in on the U.S. easing chip curbs on China, the status of the trade truce, the A.I. race and President Donald Trump's remarks regarding sanctions on Iranian oil.
Fireworks sales boom as Americans gear up for Fourth of July celebrations
American consumers have been buying up fireworks ahead of July 4 and splashing out quite a bit of money on them, according to members of the fireworks industry.
Amazon Prime members score major gasoline savings for July 4th road trips
Amazon Prime members can save money fueling up their cars over the Fourth of July holiday weekend as part of an early deal ahead of the e-commerce giant’s upcoming Prime Day.
Republicans subpoena former Pfizer exec over timing of COVID vaccine clinical tests
The House Judiciary Committee subpoenaed a former Pfizer executive who allegedly claimed senior members of the company delayed the results of COVID-19 vaccine trials to influence the 2020 election.
LA hotel owners sound alarm as $30 minimum wage threatens to crush industry
Hotel owners in Los Angeles battled the city council's mandated wage increase to $30, warning of economic consequences including delayed renovations and massive layoffs in the industry.
GameStop customers could receive cash payout following settlement over alleged privacy breach
GameStop settles class-action lawsuit for $4.5 million after plaintiffs accuse retailer of sharing customer data with Facebook via tracking pixel.
Tinder launches new biometric face scan verification
California became the first U.S. state to implement Tinder's new Face Check verification system that confirms user authenticity through biometric scanning.
Bitcoin vs Ethereum: What's the difference?
Delta Blockchain Fund founder and partner Kavita Gupta discusses the future of blockchain technology on 'Making Money.'
Tesla is building the operating system of physical AI, expert says
Futurum Group chief market strategist Shay Boloor discusses the importance of Fed rate cuts and the evolving A.I. story on 'Making Money.'
FOX Business Briefs 7/1
Stocks wrapped up first half of the year with fresh records; Renault to take $11 billion hit on its stake in Nissan; L'Oréal to acquire fast-growing professional haircare brand; Amazon on cusp of using more robots than humans in warehouses.
Don Peebles ‘shocked’ that epicenter of capitalism has elected a socialist in the Democratic primary
The Peebles Corporation founder, Chairman and CEO Don Peebles weighs in on the impact of Zohran Mamdani's policies on New York real estate, the Democratic Party being 'hijacked by the left wing' and the California housing market.
Tisha Alyn aims to 'create a new era of women's golf' with her brand
Influencer Tisha Alyn is taking on a big challenge of changing women's golf for the better — from tackling dress codes to adding tee holders to hats.