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Mortgage rates fell for the first time in six weeks, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage fell to 6.67% from last week's reading of 6.69%. The average rate on a 30-year loan was 6.58% a year ago.SLOWING LABOR MARKET CREATES NEW HURDLE FOR FIRST-TIME HOMEBUYERS FACING AFFORDABILITY SQUEEZE"Housing affordability has improved from a […]

China’s increasingly aggressive activity around Taiwan and other flashpoints in East Asia could trigger a wider conflict even if Beijing is not prepared to launch a full-scale invasion, according to a China expert.Gatestone Institute senior fellow Gordon Chang joined FOX Business’ Cheryl Casone on "Mornings with Maria" to discuss China’s military posture toward Taiwan and the risk that confrontations involving U.S. allies could spiral into a broader war.Chang argued that […]

A group of nine pharmacy benefit managers (PBMs) announced Thursday that they will work with an industry group to boost the transparency of prescription drug pricing through the TrumpRx platform.FOX Business exclusively learned that the Pharmaceutical Care Management Association (PCMA) and nine PBMs reached an agreement to showcase the cash price of prescriptions from TrumpRx within their benefit tools. The agreement aims to give patients better visibility into the cost […]