FOX Business News

Federal officials said Thursday they have referred more than 250 unruly airline passengers to the FBI for possible criminal prosecution since late 2021, including one as recently as last month, when a man tried to stab a flight attendant with a broken-off spoon. The pace of the criminal referrals is […]

San Francisco authorities announced an arrest in the stabbing death of Cash App founder Bob Lee on Thursday, more than a week after another man allegedly stabbed him in the ribs near the Bay Bridge. During the announcement, as authorities sought to reassure the public that police are well-equipped to […]

Montana lawmakers were expected to take a big step forward Thursday on a bill to ban TikTok from operating in the state, a move that’s bound to face legal challenges but also serve as a testing ground for the TikTok-free America that many national lawmakers have envisioned. Montana’s proposal, which […]

Food and drug retailer Kroger Co on Wednesday asked a U.S. judge to dismiss as “speculative” a consumer antitrust lawsuit alleging the company’s proposed $24.6 billion acquisition of rival Albertsons Companies Inc would lessen grocer competition and drive up prices. Lawyers for Kroger said in a filing in California federal […]

A federal jury convicted three former executives of the once-high-flying startup Outcome Health on several charges they ran a billion-dollar scheme that defrauded customers, including major pharmaceutical companies such as Novo Nordisk A/S and investors including Goldman Sachs Group Inc. The verdict caps the fall of an executive team led […]

Mortgage rates dropped again for the fifth week as inflation data for March showed that it has continued to cool, improving the outlook for homebuyers, according to Freddie Mac.  The average rate for a 30-year fixed-rate mortgage dropped to 6.27% for the week ending April 13, according to Freddie Mac’s Primary […]

A surge of travelers — held back by travel restrictions a year ago — are rapidly booking international trips despite skyrocketing prices.  Hayley Berg, economist at travel app Hopper, told FOX Business that international airfares are already averaging over $1,000 per round-trip, which is up 34% from last year and up […]

Movie buffs can now own a piece of Hollywood history. John Travolta’s iconic white suit from his 1977 film, “Saturday Night Fever,” has hit the auction block. The three-piece costume is part of the “Hollywood: Classic & Contemporary” sale organized by Julien’s Auctions and Turner Classic Movies (TCM). It is […]

While the federal government ran up $1 trillion worth of debt in the last six months, 28 states across the country are considering tax cuts as they tout budget surpluses. “People, business and capital will flock to where they’re treated best,” Florida resident and investment adviser Gary Kaltbaum said on […]

Billionaire Elon Musk warned of a difficult slog for the U.S. economy over the next year after recent turmoil within the banking system reignited fears over an imminent recession. “Tough sledding until spring next year is my best guess,” the Tesla CEO and Twitter chief said in a tweet late […]