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Mortgage rates fall for second consecutive week
Mortgage rates fell for the second week in a row, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage fell to 6.65% from last week’s…
Treasury Department bars ESG funds from Trump Accounts, citing ‘political activism’ concerns
The Treasury Department on Thursday moved forward with new rules for investments in Trump Accounts that aim to exclude investment funds rooted in environmental, social and governance (ESG) criteria, FOX Business has learned. The rules restricting ESG funds…
Walmart says it will use billions in tariff refunds to keep prices low
Walmart has received nearly $3 billion in tariff refunds and says it will use some of the benefit to help keep prices low for shoppers, while the windfall also gave quarterly profit growth a significant boost. The company said it “prioritized investment in…
How GLP-1 weight loss drugs are reshaping the healthcare industry
A new report by Wells Fargo spotlights how GLP-1 weight loss drugs are reshaping the healthcare industry by addressing obesity. Wells Fargo released a report Thursday which notes that much of the American healthcare system has been structured around obesity…
China sentences founder of world’s most-indebted property developer to life in prison for fraud, bribery
The founder of the world’s most-indebted property developer was sentenced to life in prison in China for fraud and bribery – five years after his China Evergrande Group collapsed, roiling the Chinese economy and financial markets. Hui Ka Yan, 67, was…
Walmart e-commerce sales surge as CEO touts ‘price, speed and convenience’
Walmart’s e-commerce sales grew in the second quarter across its major business segments. Global e-commerce sales rose 23%, led by store-fulfilled pickup and delivery and its online marketplace, according to the company’s Q2 earnings report released Thursday…
College students can now pay tuition with PayPal or Venmo at some universities
Some universities are now allowing students and their families to pay tuition through PayPal and Venmo. Among the first institutions offering the payment options are Bellarmine University, Butler University, Kansas State University, Michigan State University…
Dog food linked to nearly 200 reports of potential canine vision loss, prompting massive recall
A fresh dog food company is recalling nearly all of its fresh meals after receiving 192 reports of potential eye problems in dogs, including a condition that can lead to vision loss if severe and untreated. Years, a U.K.-based subscription service which says…
Car insurance costs are rising again, and drivers in over 30 states could pay more
Car insurance costs trended higher in the first half of this year after declining in 2025, and a new report projects increases in over 30 states this year. An analysis by Insurify found car insurance premiums fell 6% last year, with drivers in 39 states…
Movie theater group reverses course, urges California AG to settle $110B Paramount-Warner Bros lawsuit
Cinema United President and CEO Michael O’Leary and board Chair Mike Bowers reversed the movie theater trade group’s position Tuesday in California’s federal antitrust fight over Paramount Skydance’s $110 billion acquisition of Warner Bros. Discovery. They…