Business

California business owners need the confidence and ability to reinvest in the state’s economy, according to real estate mogul Mauricio Umansky, who argued that "bringing business back to California is critical" as voters weigh competing visions for the state’s future.The Agency founder and CEO joined FOX Business’ Stuart Varney on "Varney & Co." to discuss the Golden State's economic challenges and the 2026 gubernatorial race between Democrat Xavier Becerra and […]

The NASA SpaceX Crew-13 mission launched to the International Space Station on Thursday from Cape Canaveral Space Force Station in Florida. The crew onboard the mission utilizing SpaceX’s Falcon 9 rocket and Dragon spacecraft are NASA astronauts Jessica Watkins, Luke Delaney, CSA (Canadian Space Agency) astronaut Joshua Kutryk and Roscosmos cosmonaut Sergey Teteryantnikov. "So Jessica, Luke, Josh and Sergey are safely in orbit. They are out of their suits at this time, and because of […]

Mortgage rates rose to the highest level since November 2023, 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 rose to 7.28% from last week's reading of 7.03%.The average rate on a 30-year loan was 6.34% a year ago. Thursday's figure is the highest since Nov. 22, 2023, when the average rate on the 30-year […]

The Federal Reserve's costly renovation project will have a new manager as Fed Chair Kevin Warsh has tasked the General Services Administration (GSA) with managing the completion of the project.On Wednesday, the Fed's Office of Inspector General released a report which found that while there was no administrative misconduct in the management of the more than $2 billion project, mistakes were made that have contributed to significant cost overruns and […]

President Donald Trump praised Boeing and its 737 MAX after a FlyDubai jet survived a dramatic plunge during an apparent attempt to crash the Israel-bound aircraft with more than 170 people aboard.Trump congratulated the U.S. aerospace giant Thursday, singling out the aircraft's ability to withstand the extreme forces it encountered during the midair emergency."Congratulations to the GREAT Boeing Company for producing a plane, the 737 Max, that was able to […]

As Fanatics continues to grow, the global sports giant has faced numerous lawsuits over the past year. The company views them as baseless, opportunistic suits to shake it down in some capacity, and Fanatics hasn’t laid down. It's been fighting. And winning. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COMOver the past 12 months, Fanatics has seen seven lawsuits dismissed across its business, which includes its merchandise and collectibles arms. "As we innovate and […]

Cold weather is approaching and the U.S. is projected to have record-setting production of natural gas and healthy storage levels to help protect the market against possible shifts in winter weather that could otherwise strain supply and squeeze consumers.FOX Business exclusively viewed the Natural Gas Supply Association's (NGSA) 2026-27 winter outlook, which forecasts that U.S. dry gas production is projected to hit a record 112.5 billion cubic feet (Bcf) per […]

The Treasury Department and IRS are moving to automatically establish Trump Accounts for millions of eligible children, a major expansion of the investment program created under President Donald Trump's tax and spending law.Temporary regulations issued by Treasury and the IRS establish a system that allows the Treasury secretary to create an account for an eligible child without requiring a parent or other authorized person to first make an election. The […]

Elevated gas prices ahead of November’s midterm elections could make Republicans feel the "same fate" the Democrats did in 2022, when prices that summer hit an average of $5 a gallon, an expert told FOX Business. Patrick De Haan, the head of petroleum analysis at GasBuddy, made the remark this week as the national average for a gallon of gas currently sits at $4.42 Wednesday, according to GasBuddy data. Four years […]