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 […]
2 shot during graduation ceremony at Skyline High School in Oakland, California
Two people were injured in a shootout at a high school graduation ceremony in Oakland, California, on Thursday night. Oakland Police Lt. Robert Trevino said officers were called to Skyline High School around 7:45 p.m. local time after receiving a report of a shooting on campus during a graduation ceremony. When officers arrived at the […]
For The Love Of The Game: High School Kid’s House Gets Destroyed By Tornado, All He Wants Is A New Pair Of Golf Clubs
This, ladies and gentlemen, is golf passion. As a recent Iowa high school graduate, my home was completely destroyed in a tornado, and as a result, I lost most of my possessions. While people were panicking about their homes, cars, pets, etc., my husband had only one concern on his mind: how to replace his […]
Boy, 17, busted with loaded handgun at NYC high school: cops
A 17-year-old boy was arrested Thursday morning after allegedly bringing a loaded handgun to a Brooklyn high school, police officials said. Police said that around 8:25 a.m., a school security guard found a weapon in the boy’s school bag as the boy was going through a metal detector at George Westinghouse Career and Technical Education […]
Nvidia stock reaches all-time high after strong earnings, share split
Shares of chip maker Nvidia hit an all-time high on Thursday after the company reported better-than-expected first-quarter profits and announced a stock split. Nvidia was trading at about $1,051 a share just after 12:30 p.m. EDT Thursday, well above its previous high of about $950. The company reported Wednesday that revenue is expected to be […]
Dollar hovers near one-week high on hawkish Fed minutes; kiwi firm – Yahoo Finance
By Kevin Buckland TOKYO (Reuters) – The dollar hovered near a one-week high on Thursday after hitting its highest level this month against major peers after minutes of the last Federal Reserve meeting showed some officials were keen to raise interest rates. The New Zealand dollar extended gains after a surprise increase in domestic retail […]
Home sales drop in April amid high mortgage rates and rising prices
High mortgage rates and rising prices continued to put a damper on the spring home-buying season last month. Existing home sales in April fell 1.9 percent to a seasonally adjusted annual rate of 4.14 million, from a revised 4.22 million in March, the National Association of Realtors said Wednesday. Sales were down nationwide, with declines […]
Home Sales Fell Again in April After High Mortgage Rates Damped Activity
“The Big Money Show” features Madison Ventures Managing Director Mitch Rochelle breaking down the housing market and highlighting some of the best places to live outside of big cities. Home sales fell for a second straight month in April as high mortgage rates and near-record home prices continue to stifle a thriving market. Existing home […]
Average age of US cars, trucks hits new record amid high prices for new vehicles
FOX Business’ Jeff Flock reports that auto repair costs have risen 33% in the past four years. As new vehicle prices remain high, the average age of cars and light trucks currently on the road in the U.S. will reach a new record of 12.6 years in 2024, according to vehicle registration data tracked by […]
Existing Home Sales Fall Amid Skyrocketing Prices and High Mortgage Rates
Sales of existing homes in the U.S. fell sharply in April as prospective buyers struggled with the prohibitively expensive housing market. The National Association of Realtors (NAR) announced Wednesday that home sales fell 1.9% in April to an annualized rate of 4.14 million units. The figure, which represents the number of homes that would be […]