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Sen. Tim Scott: ‘The American people are smarter than Kamala Harris when it comes to the economy’
Fox Business, National

Sen. Tim Scott: ‘The American people are smarter than Kamala Harris when it comes to the economy’

By Julia Johnson  | Fox Business Sen. Tim Scott, R-S.C., shredded Vice President Kamala Harris' economic proposal on Friday, which laid out a sweeping overhaul including broad cross-industry price-fixing and $25,000 government-subsidized down payments for first-time home buyers.  "The American people are smarter than Kamala Harris when it comes to the economy," the Senate Committee on Banking, Housing, and Urban Affairs Ranking Member told Fox News Digital in an interview.  "The ‘price-gouging’ that they've experienced has come at the hands of Kamala Harris and Joe Biden," Scott said. "When you artificially stimulate the economy by the federal government and the Democrats spending trillions of dollars, the net effect is high inflation, high interest, high demand and lower sup...
Google execs pressed to testify after admitting Trump assassination attempt search omissions were by design
Fox Business, National

Google execs pressed to testify after admitting Trump assassination attempt search omissions were by design

By Julia Johnson  | Fox Business Google admitted that autocomplete search results regarding the assassination attempt against former President Trump last month were prohibited by design and part of the company's policy for "hypothetical political violence against current figures." FOX Business reported exclusively in July that Sen. Roger Marshall, R-Kan., was launching an investigation into Google after its autocomplete search results did not register the assassination attempt against Trump on July 13, which was dominating the news. He questioned the company in a letter over the search function, asking about its algorithm and what decisions were made in the aftermath of the attack on Trump.  In its response to the senator, Google Vice President of Government Affairs...
There’s a DEI reason you won’t hear ‘ladies and gentlemen’ at a Delta gate any longer
Fox Business, National

There’s a DEI reason you won’t hear ‘ladies and gentlemen’ at a Delta gate any longer

By Hannah Grossman | Fox Business Over the last few years, Delta Air Lines has embraced the diversity, equity and inclusion agenda under the purview of a chief officer who believes that the phrase "ladies and gentlemen" isn't inclusive.  Delta's Chief Diversity, Equity, Inclusion & Social Impact Officer Kyra Lynn Johnson has said publicly Delta is striving to "boldly pursue equity" which has impacted every level of the company, from its hiring practices to the language it uses in gate announcements.  "So we're beginning to take a hard look at things like our gatehouse announcements. You know, we welcome ‘ladies and gentlemen.’ And we've asked ourselves, ‘Is that as gender inclusive as we want to be?’" Johnson said during a February 2021 panel with other DEI insiders. "You...
Driven by recession concerns, market plunges; Dow opens down 1,000 points, Big Tech stocks fall
Fox Business, National

Driven by recession concerns, market plunges; Dow opens down 1,000 points, Big Tech stocks fall

By Matthew Kazin  | Fox Business Stocks plunged on Monday as U.S. recession fears caused turmoil throughout the global markets. The Dow Jones Industrial Average tumbled 1,000 points, while the Nasdaq Composite and S&P 500 also fell by 3.9% and 3.2%, respectively. A weak jobs report and shrinking manufacturing activity in the world's largest economy, coupled with dismal forecasts from the big technology firms, pushed the Nasdaq 100 and Nasdaq Composite into a correction last week. "While Friday’s employment report was disappointing, it wasn’t the only worrisome economic indicator, only the latest," said Greg McBride, Bankrate's chief financial analyst. "Couple economic concerns with the cacophony of earnings disappointments and weak corporate outlooks, global unres...
Trump: Seniors should not pay taxes on Social Security income
Fox Business, National

Trump: Seniors should not pay taxes on Social Security income

By Timothy Nerozzi | Fox Business Republican presidential nominee and former President Trump is showing support for making senior citizens' Social Security payments tax-free. The former president took the position via his proprietary social media platform Truth Social on Wednesday. "SENIORS SHOULD NOT PAY TAX ON SOCIAL SECURITY!" Trump wrote. It's the first time Trump has floated such a policy proposal, and the post offered no further details on how such a Social Security plan would be implemented. READ THE FULL STORY AT FOX BUSINESS
Bidenomics: Housing costs hitting record highs, Harvard University report says
Fox Business, National

Bidenomics: Housing costs hitting record highs, Harvard University report says

By Kennedy Hayes  | Fox Business The high cost of housing is making it hard for many Americans to make ends meet, and monthly rents are rising faster than wages, according to a new housing report from Harvard University. The Joint Centers for Housing Studies of Harvard University report was released in June. The annual report says housing deals are hard to come by right now. Daniel McCue, the senior researcher on the Harvard University Housing Report, says home prices are steep right now and there is not enough supply. READ THE FULL STORY AT FOX BUSINESS
Donald Trump vs Kamala Harris: What do the betting markets say?
Fox Business, National

Donald Trump vs Kamala Harris: What do the betting markets say?

By Eric Revell | Fox Business President Biden's decision on Sunday to drop out of the presidential race and Vice President Harris gaining the support to become the Democratic Party's presumptive nominee hasn't caused a dramatic shift in betting markets' views of the matchup with Republican nominee former President Trump. Biden's decision on Sunday to withdraw from the race came after intense pressure from Democrat politicians who were concerned about his waning support amid concerns over his health and mental acuity in the wake of his poor debate performance against Trump on June 27. Biden's odds of winning a second term plunged from about 45% on PredictIt on the eve of the debate to 15% on Saturday, the day prior to his decision to withdraw. Bettors on Polymarket cut his odds fro...
With 4,000 flight cancellations in a week, Dept. of Transportation launches investigation into Delta
Fox Business, National

With 4,000 flight cancellations in a week, Dept. of Transportation launches investigation into Delta

By Daniella Genovese | Fox Business The federal government launched an investigation into Delta Air Lines as it struggles to get its operation back on track, Transportation Secretary Pete Buttigieg said Tuesday. The Department of Transportation opened an investigation into Delta Air Lines, which has canceled over 4,000 flights since Friday "to ensure the airline is following the law and taking care of its passengers during continued widespread disruptions," Buttigieg posted on X.  "All airline passengers have the right to be treated fairly, and I will make sure that right is upheld," Buttigieg continued. READ THE FULL STORY AT FOX BUSINESS
GOP lawmaker moves to impeach Kamala Harris over border crisis
Fox Business, National

GOP lawmaker moves to impeach Kamala Harris over border crisis

By Alicia Warren | Fox Business A GOP lawmaker is planning to hold Kamala Harris "accountable" for her role in the border crisis by filing articles of impeachment against the vice president. Rep. Andy Ogles, R-Tenn., joined "Mornings with Maria" on Wednesday to discuss why he’s pushing to impeach Harris as she’s determined to be the Democratic presidential candidate. "We have to hold her accountable and start defining her for her failures," Rep. Ogles said while addressing Harris’ role as Biden’s appointed border czar. "Here’s the thing. We have a crisis at the southern border. We are being invaded. Our kids, our streets are being poisoned by fentanyl. And then crime is running rampant," he stressed. READ THE FULL STORY AT FOX BUSINESS
Home prices smashed another record in June as sales slump
Fox Business, National

Home prices smashed another record in June as sales slump

By Megan Henney  | Fox Business The cost of buying a new house just hit another all-time high, according to a new report. Data published by the National Association of Realtors shows the median existing U.S. home sale price jumped to $426,900 in June – a 4.1% increase from the same time last year. That marks the highest level on record and is the second straight month that prices topped a new high. As prices marched higher, sales of previously owned homes tumbled 5.4% to an annual rate of 3.89 million units.  In a potentially good sign for buyers, however, there was an uptick in inventory last month. At the end of June, there were about 1.32 million homes for sale, according to the report, up 3.1% from the previous month and 23.4% from the same time one year ago. READ T...