video FOX Business Flash top headlines for June 7 Check out what’s clicking on FoxBusiness.com. Goodyear is recalling more than 173,000 G159 tires – nearly two decades after the last one was made – over concerns of tread separation and increased risk of a crash. This comes following a preliminary investigation by the National Highway Traffic Safety Administration (NHTSA) following […]
Read more
Both internationally and nationally, forests have started to shrink. Part of the reason is that the land in forested areas has been recently used for something else. Another is that the demand for products like lumber has risen sharply. The number and size of forests are widely different from state to state for another reason. Land use in heavily populated […]
Read more
UK mortgage approvals declined to the lowest since mid-2020 in April as rising interest rate and cost of living weighed on the housing market activity, data from the Bank of England showed on Tuesday. Mortgage approvals for house purchases decreased to 66,000 in April from 69,500 in March. This was the lowest since June 2020 and slightly below the twelve-month […]
Read morevideo Inflationary prices mean ‘getting that income up’: Expert Bestselling author and Ramsey podcast host Rachel Cruze reacts to consumers taking out more money from their savings amid 40-year high inflation. President Biden stressed the importance of maintaining the independence of the Federal Reserve ahead of a rare Oval Office meeting with Chairman Jerome Powell amid an inflation crisis that […]
Read morevideo Single-family home inventory ‘stuck in baby boomers’: Real estate expert Pretium founder and CEO Don Mullen says the U.S. spent a decade underbuilding new homes, which is forcing all prices higher. Pending home sales fell in April for the sixth month in a row, slowing to a pace not seen in nearly a decade as rising interest rates and […]
Read more
Chinese e-commerce giant Alibaba Group Holdings Ltd. (BABA) reported Thursday a net loss for the fourth quarter that sharply widened from last year, despite 9 percent growth in revenues, hurt by a decreases in the market prices of our equity investments in publicly-traded companies. “Alibaba delivered on the goal of serving one billion annual active consumers in China this past […]
Read morevideo Inflation close to ‘temporary peak’: Economist Thru the Cycle President John Lonski warns inflation ‘could speed up again if the U.S. economy regains momentum.’ Sky-high inflation is expected to persist for the remainder of the year, further burdening U.S. households as they face steeper prices for everyday necessities, the Congressional Budget Office said Wednesday. The CBO, in its latest […]
Read morevideo FOX Business Flash top headlines for May 25 Check out what’s clicking on FoxBusiness.com. Nike has reportedly not renewed its franchise agreements in Russia. According to the Vedomosti daily, the head of the Inventive Retail Group (IRG) – which operates Nike stores in Russia through its subsidiary Up And Run – said the company would no longer supply goods […]
Read morevideo Recession fears are ‘materializing’: IMF managing director International Monetary Fund Managing Director Kristalina Georgieva discusses global economic fears and how the coronavirus pandemic has impacted the world. Orders at U.S. factories for long-lasting goods inched slightly higher in April but came in below expectations as manufacturers confronted a worsening supply-chain crisis that continued to weigh on business investment. Bookings […]
Read more