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Foreclosures hit highest level in 6 years as insurance, property tax costs squeeze homeowners23:27 Foreclosure filings hit nearly 119,000 in the first quarter of 2025, a 26% increase from last year, as homeowners face rising insurance and property tax burdens. Rising gas prices are crushing restaurant sales as $4 a gallon becomes tipping point for consumers23:27 U.S. restaurant chains report weaker than expected sales growth as high gas prices squeeze consumer budgets and force a shift toward value menu offerings. Budget airlines seek federal aid as Spirit shuts down after failed rescue20:16 Budget airlines are seeking $2.5 billion in federal aid tied to rising jet fuel costs after Spirit Airlines ceased operations when a bailout deal fell through. Market expert says potential Fed rate cuts could spark ‘one of the biggest explosions’ in US economy19:44 Calamos Investments John Koudounis says strong earnings and the prospect of lower interest rates could fuel a powerful next leg higher for the stock market. Boston’s affordability crisis drives young workers to consider leaving19:12 Nearly half of young Boston residents planning to leave the Northeast in the next five years are heading south, as rent and home prices soar far beyond the national average. Built on grit: FOX Business crowns three ‘Made in America’ small business winners19:12 A veteran-staffed construction firm, a souvenir shop owner and bourbon makers are crowned winners of the first FOX Business "Made in America" small business contest. DOJ confirms antitrust probe of major meatpackers over beef price inflation18:40 The Justice Department confirmed an active antitrust investigation into U.S. cattle and beef markets amid concerns about meatpacking concentration. Popular 1990s internet search giant shuts down18:08 Ask.com is shutting down its search business after nearly 30 years as parent IAC refocuses operations, marking the end of an early internet search brand. GameStop targets eBay in $56B takeover bid, sees path to rival Amazon17:04 GameStop launches a $56 billion bid for eBay, with CEO Ryan Cohen outlining plans to cut costs and position the platform as a rival to Amazon. DOJ files complaint against Minnesota over climate lawsuit targeting energy companies16:31 The DOJ filed a complaint against Minnesota, saying the state’s climate lawsuit targeting energy companies intrudes on federal authority. How AI exposure is reshaping jobs in creative fields13:19 New Gallup analysis finds little evidence that generative AI has broadly reduced creative jobs or artists earnings despite rising workplace AI adoption. United flight carrying 221 passengers hits pole and truck on approach to Newark4:12 United Airlines says Flight 169 from Venice struck a light pole and a truck while approaching Newark airport. All 221 passengers and 10 crew members were unharmed. Rat poison found in baby food jars sparks chilling scare, suspect nabbed2:06 A 39-year-old suspect is in custody after rat poison was found in baby food jars sold in Austria, Slovakia and the Czech Republic, police say. Spirit Airlines shuts down immediately, stranding travelers: Here’s how to get your money back0:30 Spirit Airlines announced Saturday it was immediately ceasing operations. Here s how affected travelers can get refunds, depending on how they booked their tickets. McDonald’s is quietly ditching a popular in-store feature nationwide3.května McDonald s is quietly ending self-serve soda fountains nationwide, shifting drink prep behind the counter as it modernizes restaurants across the country. |
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