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Housing prices soar to a new all-time high in March

ResiClub co-founder and editor-in-chief Lance Lambert talks about the US housing affordability crisis on “Making Money.” Home prices hit a new record in March. Housing shortageThis is despite rising mortgage rates putting home buying out of reach for more Americans. The S&P CoreLogic Case-Shiller index showed Tuesday that national home prices rose 6.5% year-over-year in […]

American Airlines passengers in Miami stuck on sweltering Boeing plane: travelers

American Airlines passengers say they were stuck in the hot sun on a Boeing plane that had electrical problems in Miami before being transferred to another plane Thursday. (Photos by Terry Barber and Bobby Barber) American Airlines passengers were stuck inside a stuffy Boeing plane for more than an hour while waiting to depart from […]

Mega Millions jackpot grows to $489 million after no grand prize winner

See what’s clicking on FoxBusiness.com of Mega Millions Jackpot No tickets matched the winning numbers and Mega Ball in Friday night’s drawing, raising the total prize pool to an estimated $489 million. The winning numbers drawn Friday night were 46, 54, 56, 67 and 70, with the Mega Ball being 16. The Megaplier was 3x. […]

Buying a house just became even more expensive

ResiClub co-founder and editor-in-chief Lance Lambert talks about the US housing affordability crisis on “Making Money.” The cost of buying a new home has reached a new record, even as mortgage rates have fallen from five-month highs, according to a new report. Investigation result Redfin In the four weeks ending May 19, the median U.S. […]

Fast-food prices at McDonald’s, Subway soar under Biden

FOX Business’ Brian Bremberg looks at rising fast food prices under President Biden. Fast food is loved in America because it is cheap and convenient. At least that’s how it used to be. The cost of eating out at restaurants has risen nearly 22% since President Biden took office, according to the latest inflation report […]

Nearly 80% of Americans now consider fast food a ‘luxury’ due to high prices

FOX Business’ Brian Bremberg looks at rising fast food prices under President Biden. Has drive-thru shopping become a luxury? A majority of Americans think so. Recent Research Implemented by LendingTree The survey found that meals have become so expensive that 78% of consumers consider fast food a “luxury” purchase. This photo shows In-N-Out Burger from […]

California Gov. Newsom’s budget could cost businesses billions in higher taxes

See what’s being clicked on FoxBusiness.com California Governor Gavin Newsom’s budget proposal to help close the state’s ballooning $45 billion deficit includes: tax increase About workers and companies. “I don’t think there’s a need right now to raise general taxes in the state and put additional burdens on workers and competitiveness. I don’t think there’s […]

Mortgage rates dip below 7%

Madison Ventures Managing Director Mitch Rochelle analyzes the housing market and reveals some of the best places to live outside of the big cities on The Big Money Show. Mortgage interest rates Rising house prices weighed on the housing market, which fell for the third straight week and fell below 7% for the first time […]