Business

President Donald Trump is going all in on artificial intelligence, with a top Meta executive voicing strong support for his bold strategy. Speaking at a tech summit in Washington, Trump outlined his vision for a future driven by American innovation and secured by global artificial intelligence leadership. "America is the country that started the AI race," said President Trump on Wednesday. "And as President of the United States, I'm here today […]

Home prices reached a record high in June, adding more pressure to an already strained market. The median price for a home sold in the month was $435,300, up 2% from a year ago, and the 24th month of year-over-year price increases, according to the National Association of Realtors. Meanwhile, sales of previously owned homes fell 2.7% on a monthly basis to a seasonally adjusted annual rate of 3.93 million.Realtor.com senior […]

Mortgage rates ticked lower this week, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage fell to 6.74% from last week's reading of 6.75%.The average rate on a 30-year loan was 6.78% a year ago.HOUSING CRISIS DEEPENS AS 47 MAJOR METRO AREAS NOW REQUIRE HOMEBUYERS TO SPEND MORE THAN 30% OF INCOME"This week, the […]

Antonio Gracias, the founder of Valor Equity Partners who was previously involved with the Trump administration's DOGE effort, is no longer serving as a volunteer special government employee, firm partner and co-president Juan Sabater indicated to Fox News Digital."Antonio served as a volunteer Special Government Employee for a period of less than 130 days. His plan of record was always to conclude his work by July 4, 2025," Sabater stated […]

Skydance Media informed the Federal Communications Commission (FCC) it would eliminate diversity, equity, and inclusion (DEI) initiatives and install an ombudsman to crack down on perceived bias within CBS News once a long-planned merger with Paramount Global is approved. Skydance and Paramount, which is the parent company of CBS, have agreed to a multi-billion-dollar merger that would put the combined company under the control of current Skydance Media CEO David Ellison. […]

Tech giant Microsoft on Tuesday said that three groups of China-based hackers were behind an ongoing cyberattack on its SharePoint file-sharing system.The Microsoft Security Response Center first published a blog about the attack against on-premises SharePoint servers on July 19, explaining that the attackers exploited vulnerabilities related to spoofing and remote code execution. SharePoint is a document-sharing platform that aims to allow users to securely share information within an organization and […]

As conservatives continue to deal with the dangers of being "debanked" for their political beliefs, conservative finance group "Coign" is launching a new savings alternative they say will both enable customers to meet their financial goals while also helping with "rebuilding America."A financial technology (fintech) company founded with the express purpose of catering to a conservative clientele, Coign regularly donates to organizations like the Heritage Foundation, Turning Point USA and […]

OpenAI CEO Sam Altman warned Wall Street executives that bad actors could exploit digital voice ID authentication to defraud consumers by enabling large money transfers, creating what he describes as an imminent fraud crisis. "I am very nervous that we have an impending, significant fraud crisis," Altman said during a banking regulatory conference hosted by the Federal Reserve on Tuesday. During a panel that was moderated by Michelle Bowman, the Federal Reserve's […]

New York State Assemblyman Zohran Mamdani's victory in the Democratic primary for the New York City mayoral race is the latest example of the rise of progressive socialist policies in Democrat-led cities.Mamdani is a member of the Democratic Socialists of America (DSA) and has made socialist policies a cornerstone of his platform, from implementing a rent freeze on rent-controlled apartments to expanding city-owned grocery stores.He has also called for higher taxes […]