News

A shift in the U.S. housing market may finally be opening the door for first-time homebuyers as improving affordability and rising inventory create new opportunities across several key regions.Jacksonville, Florida, leads the list as the top market for first-time buyers this year, followed by Birmingham, Alabama; San Antonio, Texas; Atlanta, Georgia; and Houston, Texas. Each of these cities is benefiting from a more favorable balance of home prices, available inventory and […]

Federal Reserve Bank of New York President John Williams warned that the effects of the Iran war on energy prices could spread across multiple sectors of the economy.FOX Business host Liz Claman noted during her interview with Williams Thursday on "The Claman Countdown" that gasoline is used in far more than transportation, including clothing manufacturing, asphalt and packaging."There's a pass-through of energy prices into a lot of things that we […]

Nike Inc. delivered a disappointing outlook this week, sending its shares sharply lower and prompting CEO Elliott Hill to acknowledge growing internal frustration during a company-wide call.Speaking at a Tuesday all-hands meeting, Hill told employees he is ready to move past talking about fixing the business and shift toward rebuilding momentum, Bloomberg first reported."For me, my leadership team, from each and every one of us in this room, we have […]