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SoFi rolls out end-to-end digital HELOC experience, advisory council

SoFi Technologies this week unveiled a new fully digital home equity line of credit (HELOC) experience, expanding its push into mortgages as more homeowners choose to tap equity rather than…
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Pentagon Escalates Iran Pressure As Hegseth Declares U.S. Naval Blockade Expanding Globally — Third Carrier Joining Operation Epic Fury

Defense & Energy | Friday, April 24, 2026 | JBizNews Desk The Pentagon signaled a major escalation in U.S. strategy toward Iran on Friday, as Secretary of Defense Pete Hegseth…
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Business Roundtable to lead corporate engagement at G20

FIRST ON FOX: The White House is tapping the Business Roundtable to lead corporate engagement during the United States’ upcoming G20 host year, marking a shift away from the traditional…
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Coldwell Banker: ‘Life doesn’t stop’ as comeback buyers return

More than three years after mortgage rates began their climb from historic lows, a subtle but significant housing market shift is underway. Homeowners are finally letting go of sub-5% rates,…
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Senate Advances $70 Billion DHS Funding Plan as Path Emerges to End Record Shutdown

Senate Advances $70 Billion DHS Enforcement Plan as Shutdown Drags Past 70 Days The U.S. Senate approved a Republican budget blueprint authorizing up to $70 billion in funding for immigration…
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DOJ drops probe tied to Fed, potentially easing path for Warsh confirmation

The U.S. Department of Justice (DOJ) on Friday dropped its investigation into the Federal Reserve regarding Jerome Powell’s congressional testimony on the central bank’s headquarters renovation. The decision could ease…
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Extell files plans for 86-story, 430-unit apartment building on the Upper West Side

Extell Development this week filed plans for an 86-story residential tower on the Upper West Side, advancing a proposal for the neighborhood’s next tallest building. Plans filed Wednesday with the…
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DOJ Drops Probe Into Fed Chair Powell, Clearing Path for Warsh and Resetting Policy Expectations

The U.S. Department of Justice on Friday dropped its criminal investigation into Jerome Powell, removing a major obstacle to the Senate confirmation of Kevin Warsh and intensifying scrutiny over the…
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Google To Invest Up To $40 Billion In Anthropic As Search Giant Spreads Its AI Bets

Technology | Friday, April 24, 2026 | JBizNews Desk Alphabet Inc. is making one of the largest single bets in artificial intelligence history, confirming Friday it will invest up to…
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Panama Canal Slots Surge To $4 Million As Strait Of Hormuz Closure Reshapes Global Trade Flows

Energy | Friday, April 24, 2026 | JBizNews Desk The closure of the Strait of Hormuz is rapidly redrawing the map of global commerce, forcing companies to pay unprecedented sums—up…
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German Chancellor Friedrich Merz Announces $1.9 Billion Fuel Subsidy Package As Iran War Energy Shock Hammers Europe’s Largest Economy

German Chancellor Friedrich Merz has unveiled a €1.6 billion ($1.9 billion) fuel relief package aimed at shielding households and businesses from surging energy costs triggered by the Iran conflict, as…
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Biden admin ‘deliberately protected’ 562K pandemic-era loans in $22.2B suspected fraud scheme: SBA, Vance

FIRST ON FOX – The U.S. Small Business Association referred 562,000 suspected fraudulent loans totaling over $22.2 billion to the U.S. Department of Treasury for collections, the SBA said in…
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GLOBAL STOCKS CLAW BACK TO RECORD HIGHS DESPITE IRAN WAR — BUT BANK OF ENGLAND WARNS MARKETS ARE OVERVALUED AND A CORRECTION IS COMING

Global equity markets have staged a powerful rebound from early geopolitical shocks, climbing back to record highs even as the Iran conflict continues and energy markets remain volatile — a…
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ANTHROPIC CEO DARIO AMODEI WARNS AI COULD PUSH U.S. UNEMPLOYMENT TO 10–20% AS ENTRY-LEVEL WHITE-COLLAR JOBS FACE ELIMINATION

A stark warning from inside the artificial intelligence industry is sending new shockwaves through corporate America and policy circles, as Dario Amodei, CEO of Anthropic, cautioned that rapid advances in…
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ETFs vs mutual funds in 2026: Which is right for your portfolio?

As more Americans take a hands-on approach to their finances, many are weighing whether to invest in exchange-traded funds (ETFs) or mutual funds. Both offer a simple way to build…
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American Airlines CEO Robert Isom Calls United Merger “A Non-Starter”: “No Way To View That As Anything But Anti-Competitive”

The most definitive rejection yet of a potential airline mega-merger came this week, as American Airlines CEO Robert Isom publicly dismissed any combination with United Airlines, calling the proposal “a…
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Bank and Chip Earnings Lift Confidence in First Quarter

A strong start to first-quarter earnings season is giving investors fresh evidence that large banks and key technology suppliers entered 2026 with more momentum than many expected. According to Reuters…
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California Jet Fuel Crisis Deepens as Iran War Disrupts Global Supply Chains

California is rapidly approaching a fuel-driven aviation shock that could ripple across the U.S. economy, as disruptions tied to the U.S.-Iran war choke off global jet fuel supply lines and…
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INTEL IGNITES NASDAQ SURGE AS CHIP STOCKS SOAR, AMD JUMPS 12%, AND IRAN TENSIONS KEEP OIL ABOVE $94

Friday Morning Markets — April 24, 2026 U.S. equities opened Friday on a broadly positive note, with tech leading the charge as Intel’s blowout earnings ignited a surge in semiconductor and AI-linked stocks,…
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Pirro closes investigation into Federal Reserve over building project

U.S. Attorney for the District of Columbia Jeanine Pirro announced Friday that she directed her office to close its investigation into the Federal Reserve over a building project. “This morning…
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From rogue AI blackmailing humans to condensing school days, the AI revolution is already reshaping life

As the world enters what experts call the “Fourth Industrial Revolution,” American business leaders are placing a massive bet on the future of the republic. FOX Business’ “Mornings with Maria”…
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What a government stake in Spirit Airlines could mean for passengers and the industry

Travelers are unlikely to see major disruptions as the Trump administration reportedly moves closer to a bailout of bankrupt Spirit Airlines, industry experts say. Officials are discussing a roughly $500…
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Lyft Acquires Gett’s UK Taxi Business, Expands Grip on London Market

Lyft Inc. is making a decisive push into Europe’s largest ride-hailing market, acquiring the United Kingdom taxi operations of Gett in a deal valued at approximately $50 million — a…
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Your summer BBQ is about to cost more – here’s the surprising reason why

As Americans head into barbecue season, rising energy prices linked to Middle East tensions are driving up the cost of propane. When energy prices rise, the added costs ripple through…
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American Express Profit Surges on Premium Customer Strength

American Express Profit Surges on Premium Customer Strength
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U.S. Home Sellers Slash Asking Prices at Record February Pace as Buyers Push Back

U.S. home sellers cut asking prices in February at the fastest rate for that month in more than a decade, a sign that buyers still hold unusual leverage in a…
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The Iran war is pushing Southeast Asia to debate the once unthinkable: Whether ships will need to pay to transit the Strait of Malacca

Iran’s decision to charge fees for ships transiting the Strait of Hormuz—and U.S. President Donald Trump’s tentative endorsement of that idea—are reverbarting in a different waterway around four thousand miles…
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Frontier Stock Sinks as Spirit Airlines Nears Federal Rescue Deal

Frontier Group Holdings Inc. shares slid sharply this week as investors reacted to mounting indications that rival Spirit Airlines is nearing a federal rescue package that could keep the ultra-low-cost…
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Nike announces roughly 1,400 layoffs across its global operations team in latest round of cuts

Roughly 1,400 people across Nike’s Global Operations team will be laid off, the company announced Thursday. In a memo to employees, Chief Operating Officer Venkatesh Alagirisamy said the cuts will…
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US Job Openings Fall Below 7 Million

U.S. labor demand softened in February as job openings fell below 7 million for the first time in months, a sign the hiring market continues to cool even as layoffs…
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Harley-Davidson issues recall for nearly 17K motorcycles over brake failure issue

Harley-Davidson is recalling nearly 17,000 motorcycles over a potential brake failure issue that could heighten the risk of a crash, according to federal regulators. The motorcycles impacted by the recall…
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A startup called Astor plugs into your brokerage account and texts you AI-driven financial advice for $15 a month

When you open a brokerage account, you’re automatically paired with a financial advisor. Well, that’s how it works in Brazil, where Bruno Koba and Daniel Tulha grew up. When they…
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“I THINK WE’D JUST BUY IT”: TRUMP SIGNALS POSSIBLE GOVERNMENT TAKEOVER OF SPIRIT AIRLINES AS $500M RESCUE NEARS

WASHINGTON, D.C. — President Donald Trump is openly entertaining an extraordinary federal intervention in the U.S. airline industry, signaling that the government could take control of bankrupt Spirit Airlines Inc.…
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US Retail Sales Rebound as Shoppers Return

US Retail Sales Rebound as Shoppers Return
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Costco issues urgent recall on popular product linked to burn injuries

Heated socks sold at Costco have been recalled after customers reported receiving burn injuries, according to the Consumer Product Safety Commission (CPSC). The 32 Degrees Heated Socks were sold in…
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Dozens of ice cream products recalled over undeclared allergens posing ‘life-threatening’ risk

A California-based ice cream company is recalling dozens of products over missing ingredient labels that could put people with food allergies at risk. Silver Moon LP, operating as Loard’s Ice…
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U.S. Clampdown on Iran Satellite Data Sends Shockwaves Through $5 Billion Imaging Industry

Planet Labs’ decision to black out Middle East coverage at Washington’s request is forcing a multibillion-dollar commercial sector to reckon with a fundamental tension: can you build an independent business…
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Meta informs staff of layoffs affecting 8,000 employees amid AI push

Meta has informed its staff that it will let go of roughly 8,000 employees — approximately 10% of its workforce — as it looks to bolster its presence in the…
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New York Moves Against Coinbase, Gemini Event Contracts

New York Attorney General Letitia James moved to shut down prediction-market offerings tied to Coinbase Financial Markets and Gemini, escalating a broader fight over whether event contracts belong under financial…
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Trump ‘Gold Card’ Visa Approved for Just One Applicant So Far, Lutnick Tells Congress

Trump ‘Gold Card’ Visa Approved for Just One Applicant So Far, Lutnick Tells Congress WASHINGTON, D.C. — The Trump administration’s flagship “Gold Card” visa program has approved just a single…
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United Airlines raising ticket prices up to 20% as fuel costs surge amid Iran war

United Airlines warned Wednesday that the company is raising ticket prices by as much as 20% as it grapples with surging jet fuel costs driven by the war in Iran.…
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LARRY KUDLOW: American economic success — we have oil

The United States Navy’s blockade of Iranian ports is working to perfection, and is basically stopping Iran from selling any oil or getting any money. Losing $400 or $500 million…
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Fanatics, NFL announce multi-year partnership for on-site retail at marquee events, including 2026 NFL Draft

As the 2026 NFL Draft is set to kick off, Fanatics and the NFL announced an exclusive, multi-year partnership where the global sports platform will be the league’s official on-site…
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Weyerhaeuser Bets Big on AI and Autonomous Equipment to Transform Timber Operations

America’s largest private landowner is pushing aggressively into artificial intelligence and automation, aiming to modernize one of the oldest industries in the U.S. economy while targeting $1.5 billion in incremental…
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Low-Rate Mortgages Keep U.S. Housing Market Frozen

Roughly half of outstanding U.S. mortgages still carry rates below 4%, a legacy of the pandemic-era refinancing boom that continues to choke housing turnover and keep many owners anchored in…
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Wall Street Pulls Back Modestly as Middle East Tensions Reignite in the Strait of Hormuz; Energy Surges While Software Falters

U.S. equities stepped back from record levels Thursday, as investors recalibrated risk in response to escalating tensions in the Middle East while continuing to digest a mixed but resilient corporate…
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High-Tax States Face Fresh Pressure as Wealthy Residents and Employers Keep Moving

Washington state’s decision to impose a new tax on high earners has sharpened a long-running debate over whether states can raise more revenue from top-income households without pushing people, capital…
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Bessent Says U.S. Growth Can Top 3% Even as IMF Warns Middle East Conflict Could Hit Global Economy

Bessent Says U.S. Growth Can Top 3% Even as IMF Warns Middle East Conflict Could Hit Global Economy
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Ford recalls over 140,000 pickup trucks over wiring fire risk

Ford is recalling more than 140,000 Ranger trucks in the U.S. after federal safety regulators warned a wiring issue could elevate the risk of fire, as well as potential crashes…
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Hospital Competition Shrinks Across U.S. City Markets

Hospital Competition Shrinks Across U.S. Cities Hospital consolidation is tightening its grip on urban America, leaving patients in nearly half of metropolitan areas with only one or two health systems…
2026-03-11
