Biden-era illegal immigration drove up housing costs, Fed economists find
A new Federal Reserve working paper found the record surge in illegal immigration during the Biden administration triggered higher home prices and rents. The findings arrive as immigration remains a polarizing political issue. Republicans argue former President Joe Biden’s border policies strained housing and public resources, while Democrats say immigration helped ease labor shortages and […]
BMW North America CEO touts ‘long game’ in US as $1.7B South Carolina EV expansion takes shape
BMW is “here for the long game” in the U.S. as it completes a $1.7 billion South Carolina investment and prepares to build fully electric vehicles at its largest plant, its North America CEO told FOX Business. Sebastian Mackensen, president and CEO of BMW of North America, said the investment marks a major milestone in […]
Veterans are using this homebuying benefit more often — but many still don’t know it exists
VA loans are becoming a more common path to homeownership as elevated home prices and mortgage rates squeeze buyers — but many veterans and service members still do not fully understand the benefit they earned. A Rocket Mortgage and Redfin analysis of county records across 40 major U.S. metro areas found VA loans accounted for […]
A dad revealed how his family of 5 eats at Chick-fil-A for under $45
A father says his family of five is able to eat at Chick-fil-A for under $45 using a DIY sandwich “hack,” though menu prices vary by location amid concerns across the country about affordability due to rising costs. Jeff Johnson, a worship pastor at an Atlanta church and a podcast host, told his social media […]
DOGE website deactivates after reaching self-termination deadline: ‘Come to an end’
The temporary organization behind the Department of Government Efficiency reached its scheduled termination date Saturday, July 4, 2026. President Donald Trump’s executive order last year creating the U.S. DOGE Service Temporary Organization set a July 4, 2026, termination date for that temporary organization. “A smaller Government, with more efficiency and less bureaucracy, will be the […]
Surviving since Lincoln: How six generations beat the small business curse
Bassett’s Ice Cream has survived economic downturns, changing consumer tastes and generations of competition while remaining under family ownership since its founding in 1861. Now led by its sixth generation, the Philadelphia institution is marking another milestone as America prepares to celebrate its 250th anniversary. FOX Business correspondent Jeff Flock joined FOX Business’ Maria Bartiromo […]
10 reasons to be bullish on America’s economy as the nation turns 250 years old
This Fourth of July marks the 250th anniversary of the founding of the U.S., and while Americans around the country are celebrating the occasion, it also serves as an opportunity to reflect on what helped make the U.S. the world’s largest economy and the reasons it’s still a great place to invest. Joseph P. Quinlan, […]
US brands go patriotic with $17.76 burger deals, eagle cups and more for America’s 250th
American brands are going all in on red, white and blue as the country prepares to celebrate its 250th birthday. From $17.76 burger deals and eagle-shaped coffee cups to collectible Coca-Cola cans and limited-edition snacks, companies are rolling out patriotic promotions tied to America’s semiquincentennial. Steak ’n Shake is offering two “Liberty Meals” for $17.76 […]
Michael Dell celebrates America’s 250th birthday with gift to seed the American Dream for millions of kids
In an Independence Day announcement, tech billionaire Michael Dell and his wife Susan unveiled a “public-private partnership” aimed at giving millions of young Americans a direct financial stake in the nation’s economy. The Dell Technologies CEO took to X on Saturday to announce they are giving $250 each to the first 25 million qualifying American […]
Dave Portnoy reveals he is losing millions in brutal Bitcoin crash
Dave Portnoy says his latest Bitcoin investment has become an expensive lesson in timing, with the Barstool Sports founder revealing he is down millions but still has no plans to sell despite the cryptocurrency’s sharp decline. Barstool Sports founder and President Dave Portnoy joined FOX Business’ Stuart Varney on “Varney & Co.” to discuss politics, […]