Business

American Airlines on Thursday announced it's raising fees for checked bags as the company and other airlines face rising fuel costs.The airline is raising its bag fee for flights within the U.S., Canada and short-haul international flights by $10 to $50 for the first bag and $60 for the second bag. Customers will also pay $200 for the third checked bag when purchased at the airport, an increase of $50. Travelers […]

The bipartisan leaders of Congress' Joint Economic Committee are sounding the alarm about tax season scams that fraudsters may look to use on unsuspecting taxpayers as filing season winds down.Taxpayers have until Wednesday, April 15, to file their 2025 tax returns or request an extension, and scammers may take advantage of the approaching deadline to take advantage of taxpayers.Scammers have victimized roughly one in four Americans with tax season scams, […]

The climate of the U.S. housing market for buyers varies around the country, and a new report suggests there are currently only eight metro areas that are truly buyer's markets.The economist research team at Realtor.com released a diagnostic tool called the Market Clock that tracks the housing market at the national and metro level based on months of supply, time on market, price changes and list-to-sale ratio to reflect local […]

While the rest of the country grapples with a stalled housing market and high interest rates, New Jersey has emerged as the nation's top leader in home price growth.Driven by high-wage jobs and a Manhattan exodus, the state is outpacing the national average and outperforming former COVID-era hotspots like Florida.According to a recent report from Cotality, the Garden State isn’t just growing; it’s outpacing the field by a wide margin, […]

China's growing involvement in Middle East tensions is offering Beijing an opportunity to position itself as a strategic player as President Donald Trump weighs his next diplomatic moves with Iran.Gatestone Institute senior fellow Gordon Chang joined FOX Business' Stuart Varney on "Varney & Co." to discuss how China is leveraging its relationship with Iran to project influence while signaling goodwill ahead of a potential high-stakes meeting with President Donald Trump.Recent […]

Assets under management for U.S. exchange-traded funds could more than double to $25 trillion by the end of this decade, Citigroup said on Thursday, as investors seek the increasingly popular asset class for low-cost, diversified exposure across markets.As of March 2025, the U.S.-listed ETF industry's total assets stood at about $10.4 trillion, according to Citi.The Wall Street brokerage had previously forecast the industry's AUM to hit $19 trillion by 2030 […]

Inflation surged in March as consumer prices jumped amid the economic disruptions caused by the Iran war's impact on the energy market.The Bureau of Labor Statistics on Friday said that the consumer price index (CPI) – a broad measure of how much everyday goods like gasoline, groceries and rent cost – rose 0.9% from a month ago and is 3.3% higher than last year. The annual figure jumped from last month's […]

American homeowners around the country are feeling the squeeze of higher property taxes, with new data showing that the property tax burden rose last year.Data from analytics firm ATTOM showed that the effective tax rate for single-family homes was 0.9% in 2025, up from 0.86% in 2024 and the highest level since 2020 when the national effective tax rate was 1.1%, according to a Realtor.com report.It also found that while […]

Augusta National Golf Club, home of the prestigious Masters Tournament, has spent years and more than $200 million expanding its footprint in Augusta, Georgia. The club is buying up hundreds of acres of surrounding land for future development.But one property, long considered a holdout, remains firmly in the hands of the family of its original owners.The home at 1112 Stanley Rd. was built in 1959 by Herman and Elizabeth Thacker, […]