Business

This is a developing story about the June 2026 FOMC interest rate decision and will be updated with further details.The Federal Reserve on Wednesday announced that it will hold interest rates steady due to concerns about elevated inflation amid the war in Iran, as Fed Chair Kevin Warsh's tenure leading the central bank begins in earnest.Fed policymakers voted to leave the benchmark federal funds rate unchanged at its current range of […]

Millennials planning for retirement may need to prepare for a vastly different real estate landscape.According to new projections from National Association of Realtors (NAR) chief economist Lawrence Yun, the national median home price is on track to hit $1 million by 2050 — just as millennials reach the traditional retirement age."Essentially, in about 25 years the national median home price will be a million dollars," Yun said at a conference […]

There's a misconception that people need thousands and thousands of dollars before they can start investing. But in today's world, brokerage accounts can be opened with no initial deposit required, and you can start by buying just one share. That means in many cases your investing journey can start with less than the cost of a DoorDash delivery!Whether you're looking to get started or add to an existing portfolio, ultra-low-cost […]

FIRST ON FOX — Acting U.S. Labor Secretary Keith Sonderling sent letters to the governors of 53 U.S. states and territories on Wednesday "demanding immediate action to combat fraud, waste, and abuse within the unemployment insurance program.""In the letters, the department announced its intent to crack down on rampant fraud and end mismanagement, improper payments, and corruption within the UI program. Acting Secretary Sonderling notified states that, in partnership with […]

McDonald’s announced Tuesday that it is bringing back its fried apple pie to celebrate America's 250th birthday.The fried apple pies will be available at participating U.S. restaurants for a limited time starting June 23, marking their first broad U.S. rollout in more than 30 years."Summer tends to move fast – but the moments worth remembering don’t. And with America’s 250th birthday around the corner, we’re bringing back a fan-favorite and […]

The Vanguard S&P 500 ETF recently made stock market history, becoming the first ETF to reach $1 trillion in assets. And there's good reason why it's the most popular ETF among investors.Not only does this fund offer diversified exposure to 500 of the largest U.S. companies, but it also has a rock-solid track record of consistent growth over time. In fact, since the Vanguard S&P 500 ETF was launched in […]

Johnson & Johnson is betting big on America, crediting Trump tax policies, top talent and a strong investment environment for inspiring a $55 billion U.S. investment push that spotlights growing confidence in U.S. manufacturing."We have the best talent, we have the best investment environment and, very importantly, we have now the tax policy enacted with this administration that has enabled us to be competitive," CEO Joaquin Duato said on FOX […]

SpaceX stock continued to surge on Tuesday following its record-setting IPO last week, with the company's market capitalization surpassing Amazon and briefly topping Microsoft.Elon Musk's SpaceX debuted on the Nasdaq on Friday following its IPO and shares have risen about 35% since it began trading last week, as traders look to capitalize on its momentum.Tuesday saw SpaceX's stock climb as much as 15% in early trading, which pushed the company's […]

China is allegedly orchestrating a highly coordinated, "travel agency"-style operation designed to funnel Chinese nationals across U.S. borders, former Department of Homeland Security Secretary Kristi Noem said Tuesday.Speaking exclusively on FOX Business’ "Mornings with Maria," the current special envoy for the Shield of the Americas detailed intelligence she said showed how alleged Beijing-backed networks provide undocumented migrants with specialized documents and transit directly to the northern and southern borders."We saw […]