Business

A new analysis finds prospective homebuyers have seen their purchasing power rise in the last year due to higher incomes and lower mortgage rates.Zillow published a report on Monday that found a median-income U.S. household can now comfortably afford a $331,483 home with a 20% down payment. It found that the typical mortgage payment is 8.4% lower than it was a year ago when excluding taxes, insurance and assuming a 20% downpayment. Mortgage […]

As fears grow that a potential U.S. strike on Iran could choke off global oil supplies and send prices soaring, former Energy Secretary Dan Brouillette says strong American production is keeping a lid on a $100-a-barrel price shock for now."What we are not seeing is a lack of supply in the marketplace. That is traditionally what would drive prices higher. That is not the case today," Brouillette said Monday.Instead, he […]

The Trump Organization signed an agreement to build a $1 billion skyscraper on Australia's Golden Coast, the company announced on Friday.The $1.06 billion building will rise 91 floors in the Australian state of Queensland, the Trump organization said in an announcement. The building will feature a "six-star resort-hotel" with 270 apartments as well as assorted shops and a beach club, said local developer Altus Property Group."Australia’s tallest building will be […]

Another T206 Honus Wagner baseball card, considered to be the "Holy Grail" of the collectible space, was recently discovered and has been sold at auction for $5.124 million.The sale was conducted via Goldin Auctions, and it included the buyer’s premium. It’s now the third-most expensive T206 Wagner card ever after a $6.606 million copy was sold in August 2021 and another for $7.25 million in August 2022. This recently discovered copy had […]

Behind Florida’s fine sand beaches and bright green palm trees, a roaring and thriving economy isn’t just running on sunshine; it’s a direct result of a "secret sauce" that combines aggressive private-sector growth with a stark fiscal contrast to the policies of high-tax, Democratic-led states.While hubs like New York and California descend into what Florida Chamber of Commerce President and CEO Mark Wilson calls a "death spiral," the Sunshine State […]

U.S. and Canadian airlines canceled flights Sunday to parts of Mexico after Mexican officials said drug lord Nemesio Oseguera, known as "El Mencho," was killed in a military operation, triggering reported clashes in Jalisco state and prompting travel advisories.United Airlines canceled all Sunday flights to Puerto Vallarta and Guadalajara."United Airlines flight operations to/from PVR (Puerto Vallarta) and GDL (Guadalajara) are canceled today," United Airlines said in a statement to FOX […]

Federal regulators announced Sunday a recall of nearly 9,500 pounds of frozen, ready-to-eat meatballs over potential metal fragment contamination.The recall affects New York–based Rosina Food Products' Italian-styled meatballs, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) said. "Rosina Food Products, Inc., a West Seneca, N.Y. establishment, is recalling approximately 9,462 pounds of ready-to-eat (RTE) frozen meatball products that may be contaminated with foreign material, specifically metal," regulators said. The […]

Major delivery platforms are temporarily suspending their New York City operations as a powerful blizzard slams the region and Mayor Zohran Mamdani enforces a citywide travel ban.Grubhub told FOX Business it will shut down service in both New York City and New Jersey at 7:30 p.m. ET on Sunday and will remain closed overnight."We will re-assess in the morning," a company spokesperson said, emphasizing that the safety of its delivery […]

A California-based chicken chain says salads have overtaken fried menu staples as its top-selling category as the company prepares for a multistate expansion.Starbird, a "premium fast food" chain with about 20 brick-and-mortar locations across California and Colorado, has seen its entrée-sized salads become its top-selling category, founder Aaron Noveshen told FOX Business."We do serve wings and tenders and sandwiches and all the more traditional [quick service restaurant] or fast casual […]