There’s Yet Another Worrying Sign For The Housing Market
Mortgage applications sank last week as high prices and rising mortgage rates have increased unaffordability for average Americans, according to data from the Mortgage Bankers Association. The total volume of mortgage loan applications for homes declined 10.6% in the week ending Feb. 16 compared to the previous week when seasonally adjusted, while the purchase index […]
Japan’s Two Biggest Airlines Admit Airport Workers Cheated In Exams Amid Scrutiny Over Recent Air Mishaps: REPORT
Japan’s two biggest and rival airlines, Japan Airlines (JAL) and All Nippon Airways (ANA), admitted that some of their staff had cheated in their written driving license examinations that the airlines’ subsidiaries conducted, according to multiple reports. JAL found, through an internal investigation prompted by an employee’s report, that 11 of its baggage car and […]
American Food Spending As Portion Of Income Hits More Than 30-Year High
Americans are spending the highest percentage of disposable income on food since the 1990s as a result of sky-high inflation under President Joe Biden, according to data from the United States Department of Agriculture (USDA). Consumers’ average spending on food climbed to 11.3% of their disposable personal income in 2022, according to the USDA. The […]
‘Bud Light Treatment’: Conservative Influencer Calls For Chipotle Boycott
“Get woke, go broke,” goes the saying. But it seems American big brands are failing to learn from Bud Light’s mistakes, at least if a now-viral Reddit post from an alleged former employee is anything to go by. In a January post on the Chipotle Subreddit, user Extreme_Paper5550 described a time when he was training […]
Is Nvidia stock priced to perfection?
Barron Roundtable panelists Ben Levisohn, Al Root, and Elizabeth OBrien discuss how NVIDIA’s earnings report will impact the market. Technology giant Nvidia is scheduled to report fourth-quarter results after the bell Wednesday, but investors are questioning whether the company can sustain the rapid growth that drove its stock to record highs last year. The rise […]
EXCLUSIVE: Nonprofit ‘Building Bridges’ Between China And US Heartland Has Deep Ties To Communist Party Influence Network
A politically-connected Midwestern nonprofit focused on “building bridges” with China has extensive ties to groups and individuals who are affiliated with the Chinese Communist Party’s (CCP) influence arm, the Daily Caller News Foundation has found. The Missouri-based United States Heartland China Association (USHCA), a 501(c)3 bipartisan organization, characterizes its mission as “building bridges and promoting […]
‘Serious Problems’: Global Plague Of Recessions Could Infect US, Experts Say
Top U.S. trading partners, including the U.K., Germany and Japan, have recently entered recessions as inflation and high interest rates burden businesses. While the U.S. has so far avoided a recession, it could be dragged into the economic turmoil as trade and international business decline, according to experts who spoke to the Daily Caller News […]
DC federal jury convicts 2 Chinese nationals of duping Apple out of over $3 million with fake iPhones
Jeff Sica, founder of Circled Squared Investments, discusses whether Microsoft can replace Apple as Varney & Co’s largest company by market capitalization. A federal jury in Washington, D.C., convicted two Chinese nationals on Tuesday of participating in a scheme to defraud Apple of more than $3 million by submitting more than 5,000 counterfeit iPhones for […]
Ford cuts prices of electric Mustang Mach-E by up to $8,100
FOX Business’ Jeff Flock reports from the Celebrity Ford dealership in Toms River, where electric F-150s aren’t zipping away fast enough. Ford Motor Co. said Tuesday it has cut the price of its Mustang Mach-E electric SUV by up to $8,100 after sales plummeted in January. The lowest-priced Mach-E version of the 2023 model year […]
Pennsylvania thrift store finds rare 14-karat gold LEGO mask, expected to rake in thousands at auction
Check out what’s being clicked on FoxBusiness.com An employee at a Goodwill Industries warehouse in Dubois, Pennsylvania, discovered a rare 14-karat gold Lego mask. The mask will then be put up for auction and could fetch thousands of dollars. Goodwill Industries of North Central Pennsylvania posted on its Facebook page that a story about a […]