Business

Mortgage rates fell again this week, mortgage buyer Freddie Mac said Wednesday.Freddie Mac's latest Primary Mortgage Market Survey, released Wednesday, showed the average rate on the benchmark 30-year fixed mortgage decreased to 6.18% from last week's reading of 6.21%. The average rate on a 30-year loan was 6.85% a year ago.THESE 10 MARKETS MAY SEE THE BIGGEST HOMEBUYING SURGE AS MORTGAGE RATES FALL"The modest decline reflects a bond market that moved […]

It's going to be a while before consumers see any relief when it comes to beef prices.Prices have hit their peak and are expected to soften, but there isn’t much pressure pushing them down right now, Wells Fargo Agri-Food Institute chief agricultural economist Michael Swanson told FOX Business.The U.S. should have a little more cattle available in 2026, but buyers are still turning to international suppliers to meet their needs, […]

FIRST ON FOX: An analysis from the White House Council of Economic Advisers finds inflation has been lower in conservative-led states than in liberal-led states over the past year, with the largest gaps in energy and transportation costs.Reviewed by FOX Business, the analysis draws on year-over-year consumer price index data from the Bureau of Labor Statistics through November 2025 and finds inflation averaging 2.5% in conservative-led states versus 3% in […]

Following CBS News’ delaying of a "60 Minutes" segment examining the Trump administration’s deportation of Venezuelan migrants to El Salvador’s CECOT prison, some media outlets have raised questions about whether the move was meant to curry favor with the administration amid an escalating battle for Warner Bros. Discovery.Paramount and its majority shareholders, the billionaire Ellison family, recently sweetened a bid for Warner Bros. Discovery to the tune of $108 billion. […]

YouTuber-turned-entrepreneur Logan Paul revealed he paid $5.3 million for a single Pokémon card and said young people shouldn’t feel locked into traditional investing paths like the stock market or homeownership."I paid $5.3 million for this card," Paul, referring to the PSA Grade 9 Pikachu Illustrator card, said Tuesday on "The Big Money Show."Paul said that when he bought the PSA Grade 9 Pikachu Illustrator card in 2022, it became the […]

The U.S. economy grew at a faster pace than expected in the third quarter, according to the Commerce Department's estimate.The Bureau of Economic Analysis (BEA) on Tuesday released its initial estimate of third-quarter GDP, which showed the economy grew at an annualized rate of 4.3% in the three-month period including July, August and September.That figure topped the expectations of economists polled by LSEG, who had estimated 3.3% GDP growth in the third […]

The holiday season is all about giving back, and Raising Cane's teamed up with a superstar lineup to help impact children nationwide this year. For the sixth straight year, Raising Cane’s spread holiday cheer on two wheels, teaming up with youth organizations and professional athlete stars to surprise kids with brand-new bikes and helmets.This tradition is one that Raising Cane’s founder Todd Graves wanted to share, because after all, what kid […]

The first CEO of the Internal Revenue Service is reinforcing signals from the Trump administration that Americans could see the "biggest tax refund ever" in the new year."We should expect exactly what the president said, as always happens," Frank Bisignano – also the commissioner at the Social Security Administration – said on "Mornings with Maria" Tuesday."And the great leadership of the Treasury secretary has positioned us to be able to […]

Barnes & Noble is gearing up to start the new year strong.The company, which, in addition to books, sells music, toys and games, and features cafés within many of its locations, said it plans to open 60 new stores in 2026, both in new markets and ones previously served."Barnes & Noble is enjoying a period of tremendous growth as the strategy to hand control of each bookstore to its local […]