FOX Business News

Rates for well-qualified borrowers using the Credible marketplace to refinance student loans rose this week for both 5- and 10-year variable-rate loans. For borrowers with credit scores of 720 or higher who used the Credible marketplace to select a lender during the week of June 26, 2023: If you’re curious […]

Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were lower for 3- and 5-year loans compared to the previous seven days. For borrowers with credit scores of 720 or higher who used the Credible marketplace to select a lender between June 26 […]

Based on data compiled by Credible, mortgage rates for home purchases have fallen for one key term while three others have remained unchanged since Friday. Rates last updated on July 3, 2023. These rates are based on the assumptions shown here. Actual rates may vary. Credible, a personal finance marketplace, […]

Amid a busy travel and shipping summer season, one trucking company CEO claims he’s fighting to keep his business alive. “When you look at a company that’s doing around 13 million shipments a year today, our employees are out there picking up and delivering over 90,000 shipments, that’s important,” Yellow […]

The Biden administration on Friday announced a new student loan debt initiative following the Supreme Court’s decision blocking his more than $400 billion handout plan to wipe away $10,000 to $20,000 in debt for student loan borrowers.  After the Supreme Court decision was issued, the Dept. of Education announced that […]

United Parcel Service (UPS) reached a tentative agreement on Saturday with the International Brotherhood of Teamsters that delays a possible strike over the nation’s largest private-sector collective bargaining agreement. The Teamsters, which represents 340,000 drivers, touted three aspects of the agreement: an end to a two-tier employment system that gives […]

As the Federal Reserve considers future interest rate hikes to reduce inflation and consumer spending remains high, the nation could soon slip into a recession, according to the Fannie Mae Economic & Strategic Research (ESR) Group’s latest economic and housing outlook report. “We expect the continued tightening of credit conditions, […]

Americans hitting the grocery stores amid inflation to stock up for Fourth of July parties will see some reprieve on the costs of certain foods and not on others, a recent Wells Fargo report found. The Wells Fargo Agri-Food Institute report looked at the average cost of food items for […]

Ten states are suing the Biden administration for allowing consumers to continue buying and using wood-burning stoves, claiming the appliances are more damaging to the environment than what a previous assessment found. A 60-day notice of intent submitted last week accused the U.S. Environmental Protection Agency (EPA) of failing to […]

South Park creators Matt Stone and Trey Parker recently reopened the famed Mexican restaurant and entertainment venue Casa Bonita with a novel pay structure for wait staff featuring $30 an hour but no tips. Casa Bonita is located in Lakewood, Colorado, and was first opened nearly 50 years ago. The […]