Tag: Real Estate

Waffle House drops 50-cent egg surchargeWaffle House drops 50-cent egg surcharge

Waffle House dropped a 50-cent per egg surcharge this week as prices of the popular breakfast food have stabilized.  The chain announced the “egg-cellent news” on X, writing in a post that “the egg surcharge is officially off the menu” and thanking its customers for understanding.  The egg surcharge went into effect in early February. […] ...

Del Monte Foods files for bankruptcyDel Monte Foods files for bankruptcy

Canned-food giant Del Monte Foods filed for bankruptcy on Tuesday, the company announced in a statement. Del Monte Foods began voluntary Chapter 11 proceedings and entered into a restructuring support agreement with a group of its lenders, they said.  “This is a strategic step forward for Del Monte Foods,” CEO Greg Longstreet said in a statement. “After a […] ...

Cruise giants are building their own private paradise islands with jaw-dropping featuresCruise giants are building their own private paradise islands with jaw-dropping features

Cruise lines have been betting big on their private destinations.  Later this month, Carnival will open Celebration Key, a private destination the cruise line operator has been developing on the island of Grand Bahama for its guests. CEO Josh Weinstein told “The Claman Countdown” host Liz Claman on June 24 that it was “already one […] ...

LA hotel owners sound alarm as $30 minimum wage threatens to crush industryLA hotel owners sound alarm as $30 minimum wage threatens to crush industry

Los Angeles hotel operators are fighting a $30 minimum wage hike that was passed by the city council, amid a struggle with “profitability.” “Hotels don’t just fuel tourism. They support local workers and their families. These new regulations will force so many of us to fight to keep our businesses alive, putting thousands of those […] ...

Republicans defy fiscal critics to push through Trump’s signature ‘beautiful’ tax cutsRepublicans defy fiscal critics to push through Trump’s signature ‘beautiful’ tax cuts

With the help of JD Vance and his tie-breaking vote, Senate Republicans narrowly passed their version of the so-called “One Big Beautiful Bill Act” on Tuesday. It is projected to increase budget deficits by roughly $4 trillion over the next decade. An analysis by the Committee for a Responsible Federal Budget (CRFB) using data from […] ...

Trump urged to take on South Korea over tech regulations that target US, spare ChinaTrump urged to take on South Korea over tech regulations that target US, spare China

FIRST ON FOX: Concern is mounting in Washington following last month’s election of South Korea’s liberal President Lee Jae-Myung that Seoul seeks to “disproportionately” target U.S. digital companies with new regulatory requirements while giving Chinese businesses a pass. A group of Republican lawmakers on Wednesday are preparing to send a letter to the Trump administration […] ...

GameStop customers could receive cash payout following settlement over alleged privacy breachGameStop customers could receive cash payout following settlement over alleged privacy breach

Customers who purchased a video game from the website of popular gaming retailer, GameStop, during the past five years could be eligible for a payout under a recent settlement following an alleged privacy breach. The class-action lawsuit, filed by Alejandro Aldana and Scott Gallie, accused GameStop of sharing customers’ personal information without their consent. The […] ...

Challenges loom for trucking industry with end of Trump’s tariff pauseChallenges loom for trucking industry with end of Trump’s tariff pause

President Donald Trump’s 90-day pause on tariffs could be ending early this month. For truckers at Southern California’s ports, that could mean even more economic uncertainty.  The Ports of Long Beach and Los Angeles are entering peak season. Cargo ships from overseas are usually packed with things like back-to-school supplies and holiday gifts. US ECONOMY […] ...

Mamdani’s rent freeze plan could further strain housing costs in New York, experts sayMamdani’s rent freeze plan could further strain housing costs in New York, experts say

Experts warn New York City mayoral candidate Zohran Mamdani’s proposed housing agenda could further strain rental affordability in the Big Apple. The plan, aimed at tackling the tag team crisis of affordability and housing, includes an immediate freeze on more than 2 million rent-stabilized apartments.  “Economists — whether they are on the right or on the […] ...

Grocery chain recalls chocolate treats due to undeclared allergenGrocery chain recalls chocolate treats due to undeclared allergen

An undeclared allergen has prompted a recall of some lots of Wegmans semi-sweet chocolate nonpareils.  The recalled 18.5-ounce tubs of chocolate candy “contain undeclared milk allergen” that did not appear on packaging, according to an allergy alert published Monday by the Food and Drug Administration (FDA). The recall was issued by Mellace Family Brands California, […] ...

Fed Chair Powell confirms tariff concerns prevented interest rate cuts so far this yearFed Chair Powell confirms tariff concerns prevented interest rate cuts so far this year

Federal Reserve Chair Jerome Powell on Tuesday said that the central bank has held off on cutting interest rates due to concerns about tariff-induced price hikes on consumers, adding that the Fed likely would’ve cut rates this year if not for those tariff worries. Powell participated in a panel discussion about monetary policy at the European […] ...

SALT deduction will do ‘nothing for 90% of US taxpayers,’ economists saySALT deduction will do ‘nothing for 90% of US taxpayers,’ economists say

One of the thorniest points emerging in President Donald Trump’s massive tax and spending bill is the state and local tax deduction, also known as SALT.  In the “big beautiful bill,” there is a provision that will temporarily lift the SALT deduction from $10,000 to $40,000 for households with an income of $500,000 a year. The SALT […] ...

Notorious hacker group sets sights on airline industry in alarming security threatNotorious hacker group sets sights on airline industry in alarming security threat

The notorious cybercriminal group dubbed “Scattered Spider” is now targeting the airline sector, the Federal Bureau of Investigation (FBI) warned. The FBI posted on X that the group relies on “social engineering techniques, often impersonating employees or contractors to deceive IT help desks into granting access” and frequently involves methods to bypass multifactor authentication (MFA), […] ...

Labor secretary unveils unprecedented plan to slash 63 ‘outdated and burdensome’ rulesLabor secretary unveils unprecedented plan to slash 63 ‘outdated and burdensome’ rules

FIRST ON FOX: The Department of Labor is proposing 63 deregulatory actions, including several related to cutting back on diversity, equity and inclusion efforts, building on 37 similar actions taken during the first Trump administration by the department. “One of President Trump’s very first actions was directing his cabinet to dismantle the mountain of outdated […] ...

Trump’s ‘big, beautiful bill’ has been handed a major victory, legal watchdog group saysTrump’s ‘big, beautiful bill’ has been handed a major victory, legal watchdog group says

The complete expulsion of an artificial intelligence (AI)-related amendment in President Donald Trump’s “big, beautiful bill” is supposedly a big win for American families, businesses and the administration itself, according to one legal watchdog group. “The removal of the 10-year and 5-year AI moratorium from Trump’s bill is a major victory,” Article III Project President […] ...

Caitlin Clark’s new shoes sell out within minutes, reselling on secondary market for over doubleCaitlin Clark’s new shoes sell out within minutes, reselling on secondary market for over double

It was rumored that 13,000 pairs of Caitlin Clark’s new Nike basketball sneakers were being sold on June 30 – and they were gone before people could even add them to the cart. A Nike rep told FOX Business that the Kobe Bryant-themed sneakers were out of stock “in minutes.” Clark last year signed an […] ...

How the GOP’s ‘big, beautiful bill’ affects Pell Grant eligibility, fundingHow the GOP’s ‘big, beautiful bill’ affects Pell Grant eligibility, funding

Republicans’ so-called “one big, beautiful bill” package of tax cuts and spending provisions would aim to address a shortfall in the Pell Grants program, as well as expand access to the program for students enrolled in workforce education programs. The federal Pell Grant program is designed to provide low-income students with funding to enroll in post-secondary education […] ...

Buc-ee’s opens two new locations in South Atlantic area this week as expansion continuesBuc-ee’s opens two new locations in South Atlantic area this week as expansion continues

Two new Buc-ee’s locations debuted this week as the popular travel center chain continues to increase locations across the country.  Buc-ee’s launched a new travel center in Brunswick, Georgia, on Tuesday, just a day after a location in Mount Crawford, Virginia, officially opened its doors to customers for the first time, according to X posts […] ...

Lululemon accuses Costco of selling knockoffs of its popular athletic apparelLululemon accuses Costco of selling knockoffs of its popular athletic apparel

Lululemon is suing Costco over claims that the wholesaler is selling “knockoffs” and “dupes” of its popular athletic apparel at lower prices. Lululemon accused Costco in the lawsuit of having “unlawfully traded” on its “reputation, goodwill and sweat equity by selling unauthorized and unlicensed apparel” that uses knockoff, infringing versions of its patents. “As an […] ...

FTC declares July as ‘Made in the USA’ monthFTC declares July as ‘Made in the USA’ month

The Federal Trade Commission (FTC) is making July “Made in the USA” month. FTC Chairman Andrew Ferguson announced the move on Tuesday as the month of July officially gets underway and the Fourth of July holiday rapidly approaches.  The FTC is seeking to educate businesses and American consumers about Made in the USA standards, celebrate […] ...

Treasury secretary says Senate moving toward vote on Trump’s megabill today despite Democrat resistanceTreasury secretary says Senate moving toward vote on Trump’s megabill today despite Democrat resistance

The Senate is “moving toward a vote today” on President Donald Trump’s megabill despite Democrats’ efforts to halt “momentum,” Treasury Secretary Scott Bessent told “Fox & Friends” on Tuesday. The Trump official sat down with co-host Brian Kilmeade shortly after speaking with Capitol Hill leaders regarding the “big beautiful bill,” currently simmering in the Senate […] ...

The American dream slips further away as younger adults retreat to parents’ homesThe American dream slips further away as younger adults retreat to parents’ homes

Homeownership has long been considered a cornerstone of the “American dream” as it symbolizes the ability to build wealth and ensure long-term financial stability. Today, that dream is slightly changing as younger generations opt to rent or stay at home with their parents longer than ever before. It’s a consequence of the affordability crisis that […] ...

Amazon Prime members brace for sticker shock as analysts predict imminent price hikeAmazon Prime members brace for sticker shock as analysts predict imminent price hike

The cost of an Amazon Prime membership could potentially rise next year, according to Wall Street analysts.   J.P.Morgan analyst Doug Anmuth said last week in a research note that the bank thinks the Seattle-based e-commerce giant could raise the price of its popular Amazon Prime membership in 2026.  Amazon has charged an annual fee of […] ...

Social Security insolvency could speed up with illegal immigration crackdownSocial Security insolvency could speed up with illegal immigration crackdown

A new report warns that a side effect of the Trump administration’s push to crack down on illegal immigration could further weaken Social Security’s finances and speed up its insolvency. Social Security’s main trust funds, when considered together, are on pace to be depleted in 2034, according to a recent analysis by Social Security’s trustees. Once […] ...