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U.S. Residential Foreclosures Rise in First Quarter as Housing Pressures Build, ATTOM Data Shows
IRVINE, Calif. — U.S. residential foreclosure activity rose in the first quarter of 2026, signaling renewed stress in segments of the housing market as higher borrowing costs continue to weigh…
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Air Canada suspends all summer flights to New York’s JFK airport on Iran-surging fuel price
Air Canada will suspend service to New York’s JFK International airport over the summer as the war in Iran creates jet fuel shortages that have sent prices soaring. Canada’s flag…
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China Q1 Growth Hits 5% as Rising Middle East Tensions Cloud Outlook
BEIJING — China’s economy expanded 5.0% year-over-year in the first quarter of 2026, matching Beijing’s annual growth target, according to official data released by the National Bureau of Statistics (NBS),…
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Trump speeds review of psychedelics after Joe Rogan texted him about ibogaine. ‘Sounds great. Do you want FDA approval? Let’s do it’
President Donald Trump on Saturday directed his administration to speed up reviews of certain psychedelic drugs, including ibogaine, which recently has been embraced by combat veterans and conservative lawmakers despite having serious safety risks.…
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The jet-fuel surge is making global flight connections disappear
Airline passengers should brace for more aggravation in the next few months as carriers around the world deepen cancellations and ground planes to cope with stratospheric increases in jet-fuel prices.…
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Tinder turns to eye scans to weed out bots amid rising concerns over romance scams
Your next date could be AI-verified. Tinder is one of several companies working with World, formerly known as Worldcoin, to let users prove they are human and not robots with…
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Putin finally admits Russia’s economy is in trouble and grasps for answers, after warnings about a financial crisis have been piling up
Russian President Vladimir Putin made his concerns about the economy public as he vented frustration at aides and demanded they come up with solutions. During a televised meeting on the…
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The record-setting U.S. drought is so bad that 97% of the Southeast and two-thirds of the West are parched
Drought in the contiguous United States has reached record levels for this time of year, weather data shows. Meteorologists said it’s a bad sign for the upcoming wildfire season, food…
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A bizarre insurance scam was exposed as ‘clearly a human in a bear suit’ damaging luxury cars
Three people in California have been sentenced for insurance fraud in a bizarre scam that involved someone dressed in a bear costume damaging luxury cars. The California Insurance Department said…
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Las Vegas veteran pushes back after HOA reportedly targeted front yard hydrant display: ‘The last straw’
A Las Vegas military veteran is pushing back against his homeowners’ association (HOA) after reportedly being cited for displaying vintage fire hydrants tied to his military service and decades-long firefighting…
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The U.S. is ready to seize Iran-linked ships with boarding parties, report says, while Marines practice maritime raids
Conditions for the fragile ceasefire between the U.S. and Iran deteriorated on Saturday as the Strait of Hormuz became more of a combat zone again, closing off ship traffic and…
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U.S. extends waiver on Russian oil sanctions to ease Iran war shortages, just days after Treasury Secretary Scott Bessent ruled it out
The U.S. Treasury Department on Friday extended its pause on sanctions on Russian oil shipments to ease shortages from the Iran war, days after Secretary Scott Bessent ruled out such a move.…
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MacKenzie Scott has donated more than $26 billion—but it’s barely made a dent in her net worth because of the power of Amazon shares
MacKenzie Scott is one of the biggest names in philanthropy. The billionaire novelist, philanthropist, and ex-wife to Amazon founder Jeff Bezos has donated an eye-popping $26 billion since 2019. Scott…
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Iran’s Hormuz whiplash highlights divide within regime as U.S. blockade tightens. ‘The fight between different factions has started’
Iran’s military declared the Strait of Hormuz closed again on Saturday after a head-spinning 24 hours of mixed messages from the regime that underscored friction between competing power centers. Early…
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The $6 billion Vatican Bank was beset by scandals, disastrous investments—and ties to the Mafia. How Pope Francis tried to fix it
Although he was billed as an anti-capitalist by some, one of Pope Francis’s key accomplishments was a financial endeavor: his reform of the scandal-plagued $6 billion Vatican Bank. Francis, who…
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Zillow’s CEO says his friends were shocked when he quit a cushy Microsoft job—but Steve Jobs led to his success at the $10.5 billion real estate firm
The 2008 financial crisis burned bad memories into the back of Americans’ brains: employees being laid off in droves, families struggling to put food on their tables, and a housing…
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Missed the April 15 tax deadline? Here’s what experts say you should do
If you missed the April 15 tax deadline, penalties and interest have already begun to accrue – but there are still actions you can take to limit the impact. Experts…
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AI’s next act: how Salesforce is turning efficiency gains into revenue
$100 million in annualized cost savings. Over 3,200 opportunities influenced. Those are the kinds of outcomes leaders everywhere are hoping AI will deliver. But in conversations with CEOs this year, one thing…
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Dana Perino was terrified to leave the White House — until George W. Bush changed how she thinks about her career
Landing a job—especially one that is well-paid and personally fulfilling—can feel like the hardest part of building a career. But in today’s uncertain labor market, even established professionals face sudden…
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This founder was an AI layoff 9 months ago. Then he built an instantly profitable company with 2 partners and 12 agents
Nine months ago, Sam Brown was out of a job. The reason, he’ll tell you without a sense of bitterness, was artificial intelligence. The company he’d spent years building a…
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Teen investor boom: Why Wall Street is chasing youngest generations earlier than ever
Major brokerages are increasingly targeting younger investors, opening the door for teenagers to begin building portfolios years before they traditionally would. ProCap Financial chief market strategist Phil Rosen joined FOX…
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Iran closes Strait again, says it will be shut until Trump lifts blockade
Iran swiftly reversed course on reopening the Strait of Hormuz, reimposing restrictions on the critical waterway on Saturday after the U.S. said it would not end its blockade of Iran-linked…
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Trump on idea of Iran tolling the Strait of Hormuz: ‘Nope. No way. No. Nope.’
U.S. President Donald Trump and Iran’s foreign minister said Friday that the Strait of Hormuz is fully open to commercial vessels. Iran’s top diplomat Abbas Araghchi said the strategic waterway “is…
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America’s busiest airport told to cut 300 flights per day from summer schedule
About 300 flights per day must be cut from the schedule at Chicago O’Hare International Airport on the busiest days this summer in an effort to reduce flight delays, federal…
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Trump backs down after New York sues him over Second Avenue Subway funding freeze
The Trump administration has agreed to resume funding a key Manhattan subway project after New York officials sued. The U.S. Department of Transportation said in a federal court filing Thursday that…
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Mississippi alcohol community roiled by liquor, wine delay from state warehouse failure
Brandi Carter needs her wine. As the owner of Levure Bottle Shop in Jackson, Mississippi, she sells natural wine delivered to her business by a state agency responsible for distributing…
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Former Alabama football player wore wigs and makeup to impersonate NFL players in $20 million fraud, prosecutors say
In early 2024, a former defensive tackle at the University of Alabama put on makeup and a wig and got on a video call from a swanky suburban Atlanta hotel…
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Trump lawyers confirm talks with Scott Bessent’s IRS to resolve $10 billion lawsuit over leaked tax returns
Lawyers for President Donald Trump are engaged in talks with the IRS to resolve a $10 billion lawsuit the president filed against his own tax collection agency over the leak of his tax…
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NJ Transit scrambles to defend $150 tickets for 9-mile World Cup ride: ‘This isn’t price gouging’
Sky-high ticket prices won’t be the only thing emptying the wallets of soccer fans attending World Cup matches at some U.S. venues this spring. Fans trying to get to MetLife Stadium…
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Trump has already endorsed the Monroe Doctrine. Now he needs to endorse the Truman Doctrine
It could hardly have escaped notice in the White House, and even more so in the Kremlin, that the Iran War has provided an enormous windfall to Russia — raising…
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Tariffs alone won’t save American manufacturing — here’s what actually will
As this year’s State of the Union made clear, President Trump places manufacturing — and tariffs — at the center of his economic agenda. Even with the Supreme Court striking…
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From drought to demand: Biotech IPOs roar back with Kailera and Alamar
Yuling Luo rang the Nasdaq closing bell Friday having taken his first company public in a massively oversubscribed round. The Alamar Biosciences CEO’s IPO was one of two back-to-back blockbuster…
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‘We should absolutely be concerned about non-college-educated men today’: higher rents, living at home, falling out of the labor market
Men are nearly twice as likely as women to be living with their parents, and a new study says it’s particularly harmful for non-college educated men, who are less likely…
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Trump’s big housing market solution is dead on arrival, UBS says—its model is Texas from 25 years ago
The Trump administration’s grand plan to fix America’s housing affordability crisis leans heavily on deregulation, and Wall Street is increasingly unified in its skepticism that it will actually work. In…
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United CEO Scott Kirby and American CEO Robert Isom were once colleagues known as the ‘dream team.’ Now Kirby wants to acquire his rival
One takeover attempt is bold. Two? Rare indeed. But when news broke in mid-April that the United CEO was interested in acquiring his rival American Airlines, it was the third…
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The ultra-wealthy have a new favorite status symbol: From a $14.5 million guitar to an $812,500 bottle of wine, rare collectibles are on a tear
John Kapon knew that the bottle of 1945 Domaine de la Romanée-Conti up for sale at his New-York based wine seller’s auction last month was going to do well. After…
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Meta plans to slash roughly 8,000 jobs next month: report
Meta is preparing to cut thousands of jobs as early as next month, with deeper layoffs expected later this year, according to a report. The tech giant intends to slash…
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TV shopping empire behind QVC, HSN files for bankruptcy amid mounting losses
The parent company behind well-known shopping channels QVC and HSN has filed for Chapter 11 bankruptcy. QVC Group, which filed in the U.S. Bankruptcy Court for the Southern District…
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LARRY KUDLOW: Stocks Melt Up, While President Trump Marches to Victory
More good news on President Trump winning the war and the growing likelihood that some kind of agreement will be made with Iran. It’s driving the stock market sky-high. My…
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Oil is back to early war days, S&P 500 jumps to all-time high
Oil prices dropped back to where they were in the early days of the Iran war, and U.S. stocks raced to another record Friday after Iran said the Strait of Hormuz is open again for…
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White House chief of staff to meet with Anthropic CEO about dangerous new Mythos model, official says
White House chief of staff Susie Wiles plans to sound out Anthropic CEO Dario Amodei about the artificial intelligence company’s new Mythos model, which has attracted attention from the federal…
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Ford recalls nearly 1.4 million F-150 pickup trucks over gearshift issue
Ford is recalling about 1.4 million F-150 pickup trucks in the U.S. following a National Highway Traffic Safety Administration (NHTSA) investigation into reports of unexpected downshifts, the regulator said on…
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FAA to cut flights at major US airport to reduce delays
The Federal Aviation Administration (FAA) announced on Thursday that it would implement a scheduling reduction at Chicago’s O’Hare International Airport after the airlines that serve the airport planned to scale…
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Half of Iran’s workforce faces unemployment risk as the U.S.-Israel war’s ‘hidden target’ was the labor market, economist says
The U.S. and Iran have observed a cease-fire for nearly two weeks, but the economic toll is only starting to become clear and could have drastic consequences. The U.S.-Israeli bombardment…
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Something is different about Trump’s $1 trillion war on Iran and its stress on the national debt, Harvard Kennedy scholar says
German Enlightenment philosopher Immanuel Kant argued in his 1795 essay Perpetual Peace: A Philosophical Sketch, that nations should conduct themselves in a particular way with wars and debt: “National debts…
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Steak and seafood chain 801 Restaurant Group files for bankruptcy after closing Denver, Minneapolis spots
A Kansas-based restaurant group with several steak and seafood locations in Kansas, Missouri, Minnesota, Colorado, Virginia, Nebraska and Iowa, has filed for bankruptcy. 801 Restaurant Group LLC filed for Chapter…
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Iran and White House say the Strait of Hormuz is ‘completely open.’ But it definitely isn’t—at least for now
Iran and the White House both declared the valuable Strait of Hormuz chokepoint “completely open” on April 17, and benchmark crude oil prices plunged below $90 per barrel for the…
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Tether extends $127.5 million in funding to crypto platform Drift as critics blast rival Circle for failing to freeze hacked funds
Tether has used its hundreds of billions in assets to become many things, including social media investors, data center lenders, and one of the largest holders of U.S. T-bills. But…
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The $39 trillion national debt could break the all-important U.S. bond market, sparking a ‘vicious’ emergency, former Treasury secretary warns
The U.S. is caught in a spiraling debt crisis, and a major casualty might be demand for U.S. Treasuries—a critical support pillar for the economy and the government’s ability to…
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Exclusive: Adam Silver on winning the Edison Achievement Award: ‘Sports remind us that some of the most important forms of innovation are human’
If you look at Adam Silver’s background, you wouldn’t think he’d eventually come to lead the NBA, nor bring it to be the massive marketing and media powerhouse it is…
2026-03-11