foxbusiness.com
foxbusiness.com
Fox Business (officially known as Fox Business Network) is an American pay television business news channel that is owned by the Fox News Media division of Fox Corporation. The network discusses business and financial news.Source
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Millennials continue to flee big cities for the suburbs

Millennials continue to flee big cities for the suburbs

As millennials begin to settle down, they’re fleeing big cities in droves, driving a huge resurgence to American suburbs in search of cheaper houses and good schools, according to Census Department figures. After years of stagnant growth in the wake of the financial crisis, suburban towns now account for 14 of the 15 fastest-growing U.S. cities with populations over 50,000, according to published in May.Towns such as Buckeye City, Arizona; Apex, North Carolina; and Frisco, Texas are now grappling with an influx of millennials, ages 23 to 38, who have been and are heading to the suburbs,...

September 28, 2019
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Trump pledges $50 million to help women entrepreneurs

Trump pledges $50 million to help women entrepreneurs

President Donald Trump said Saturday the U.S. would contribute $50 million to a new World Bank fund conceived by his daughter that aims to help women entrepreneurs access capital and other support. Ivanka Trump joined World Bank Group President Jim Yong Kim on the sidelines of the Group of 20 world leaders' summit in Hamburg, Germany, to launch the Women Entrepreneurs Finance Initiative.Kim said the fund had raised more than $325 million so far for projects and programs to support women and women-led businesses by improving access to capital and markets, providing technical assistance,...

July 8, 2017
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Trump’s tariffs could be a ‘catastrophic mistake':Economist Thomas Sowell

Trump’s tariffs could be a ‘catastrophic mistake':Economist Thomas Sowell

Economist Thomas Sowell on Monday compared the tariffs implemented during the Great Depression to President Donald Trump’s aluminum and steel duties. “The Smoot Hawley tariffs of 1930 had a lot more to do with the Great Depression than the stock market,” Sowell told FOX Business’ Neil Cavuto on “Cavuto: Coast to Coast.” “Unemployment was nowhere near as low the first year after the stock market as it was in the first five months after those tariffs went in. During the Great Depression in the 1930s, we had trade surpluses, but it didn’t do us a bit of good.”Earlier this month, the president...

March 20, 2018
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U.S. and China are on the brink of currency war: Here's how it all went down

U.S. and China are on the brink of currency war: Here's how it all went down

The Trump administration on Monday evening took its trade spat with China to a whole new level -- to the brink of a currency war -- as the "“In recent days, China has taken concrete steps to devalue its currency, while maintaining substantial foreign exchange reserves despite active use of such tools in the past,” the Treasury Department’s statement read. “The context of these actions and the implausibility of China’s market stability rationale confirm that the purpose of China’s currency devaluation is to gain unfair competitive advantage in international trade.”The Treasury's actions...

August 5, 2019
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Top strategist throws a (yield) curve at bank stocks

Top strategist throws a (yield) curve at bank stocks

Odeon Capital Group financial strategist Richard Bove declaring bank look “excellent” and an inverted yield won’t eat into their earnings. “History would argue that an inverted yield curve does not result in bank earnings going down,” he told FOX Business’ Liz Claman Wednesday on “The Claman Countdown.”Today, the suffered an 800 point loss after a section of the yield curve inverted. A yield curve inversion occurs when short-term bond yields rise above short-term bond yields. Today, the 10-Treasury yield fell below the 2-year note, while the 30-year Treasury yield dropped to a record low of...

August 15, 2019
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Uber, Lyft would owe California $413M in unemployment taxes if drivers were treated like employees, report says

Uber, Lyft would owe California $413M in unemployment taxes if drivers were treated like employees, report says

Get all the latest news on coronavirus and more delivered daily to your inbox. . If and treated their drivers as employees rather than contractors, the two companies would owe California million in unemployment insurance contributions, according to a new report.Thousands of unemployed gig workers in California  at the end of April to file for unemployment benefits. Applicants amount of $167 a week and the additional $600 a week benefit established by the massive $2.2 trillion CARES Act passed by Congress at the end of March. Ticker Security Last Change Change % UBER...

May 12, 2020
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Amazon jacked up Prime Day prices, misleading consumers, says vendor

Amazon jacked up Prime Day prices, misleading consumers, says vendor

*Updated July 25th 8:35 am A Charlotte-based startup says e-commerce king Amazon (NASDAQ:AMZN) jacked up their suggested retail price during the company’s annual discount event—Prime Day—to deceive consumers into thinking that they were getting a deal, when in reality, they weren’t.Jason Jacobs, founder of Remodeez, a small company that specializes in non-toxic foot deodorizers and other odor stoppers, says he had an agreement with Amazon since 2015 on a suggested retail price of $9.99 for his products and was shocked after the tech giant almost doubled that on Prime Day to make it look...

August 2, 2017
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Trump donating $100K of salary to National Park Service to 'repair and restore' national monuments

Trump donating $100K of salary to National Park Service to 'repair and restore' national monuments

President Trump announced Friday he is donating his $100,000 quarterly presidential salary to the National Park Service to “repair and restore” national monuments. “I promised YOU I would not take a dime of salary as your President. I donate the entire $400,000!” Trump wrote on Twitter. “It is my honor to give $100,000 to @NatlParkService to help repair and restore our GREAT National Monuments. So important to our American History! Thank You!!” For the last two quarters, the president, who is paid $400,000 annually, donated his salary to coronavirus relief. Earlier this month Trump...

August 14, 2020
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Varney: Pelosi’s $3 trillion coronavirus stimulus plan is ‘vote buying’

Varney: Pelosi’s $3 trillion coronavirus stimulus plan is ‘vote buying’

Get all the latest news on coronavirus and more delivered daily to your inbox. . FOX Business’ , in his latest “,” argues that House Speaker Nancy Pelosi is attempting to buy votes with her $3 trillion stimulus plan.“It’s called vote-buying,” he said. “Government handouts targeted at specific groups of voters.” Varney said Pelosi proposed the plan with “deep humanity” and its design is intended to open the safely and quickly. The emergency plan would pay $600 a week extended into the summer, Varney said, offering $100 billion to pay rent, $75 billion for mortgage and more $1,200...

May 13, 2020
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Here's what you can get for $1M in Phoenix

Here's what you can get for $1M in Phoenix

Phoenix is one of the largest cities in the United States, the capital of Arizona and home to major companies like PetSmart and Republic Services. The city’s real estate market appeared to be weathering the early days of the coronavirus pandemic fairly well. Preliminary numbers showed home sales and prices rising in March, the reported.However, the market may be slidin. As of Friday, the median residential listing price in Phoenix dropped close to 4 percent month-over-month, according to That could prove to be an advantage for buyers. So here’s a look at some of the homes on the market in...

April 24, 2020
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