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 Census data 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 priced out of more...…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 Census data 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 priced out of more...WW…

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...…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...WW…

Close the sidebarAdvertisementPresident 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.Continue Reading BelowKim 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...…Close the sidebarAdvertisementPresident 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.Continue Reading BelowKim 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...WW…

China on Monday threw its latest punch in the trade war Opens a New Window. by letting its currency weaken to a more than one decade low against the U.S. dollar. Beijing's actions drew the ire of President Trump and sent shock waves rippling across Wall Street. "China dropped the price of their currency to an almost a historic low," Trump tweeted on Monday. "It’s called “currency manipulation.” Are you listening Federal Reserve? This is a major violation which will greatly weaken China overtime!" China dropped the price of their currency to an almost a historic low. It’s called “currency...…China on Monday threw its latest punch in the trade war Opens a New Window. by letting its currency weaken to a more than one decade low against the U.S. dollar. Beijing's actions drew the ire of President Trump and sent shock waves rippling across Wall Street. "China dropped the price of their currency to an almost a historic low," Trump tweeted on Monday. "It’s called “currency manipulation.” Are you listening Federal Reserve? This is a major violation which will greatly weaken China overtime!" China dropped the price of their currency to an almost a historic low. It’s called “currency...WW…

Odeon Capital Group financial strategist Richard Bove declaring bank stocks 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 Dow Jones industrial average Opens a New Window. 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...…Odeon Capital Group financial strategist Richard Bove declaring bank stocks 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 Dow Jones industrial average Opens a New Window. 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...WW…

Thousands of unemployed gig workers in California became eligible at the end of April to file for unemployment benefits If Uber and Lyft treated their drivers as employees rather than contractors, the two companies would owe California $413 million in unemployment insurance contributions, according to a new report. Thousands of unemployed gig workers in California became eligible at the end of April to file for unemployment benefits. Applicants initially received the minimum benefit amount of $167 a week and the additional $600 a week benefit established by the massive $2.2 trillion CARES...…Thousands of unemployed gig workers in California became eligible at the end of April to file for unemployment benefits If Uber and Lyft treated their drivers as employees rather than contractors, the two companies would owe California $413 million in unemployment insurance contributions, according to a new report. Thousands of unemployed gig workers in California became eligible at the end of April to file for unemployment benefits. Applicants initially received the minimum benefit amount of $167 a week and the additional $600 a week benefit established by the massive $2.2 trillion CARES...WW…

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 like people were getting a...…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 like people were getting a...WW…

A Royal Caribbean cruise ship with 12 passengers quarantined over coronavirus concerns has docked in New Jersey. FOX Business’ Cheryl Casone with more. The Miami-based porn site that tried to offer complimentary webcams to the and last month is attempting to ease boredom for passengers stuck aboard two quarantined vessels with free sessions.Continue Reading BelowThis bold offer was extended via press release from executives at adult website CamSoda and was directed at the 7,300 passengers who have been impacted by the on the Diamond Princess and World Dream cruise , which are docked in and...…A Royal Caribbean cruise ship with 12 passengers quarantined over coronavirus concerns has docked in New Jersey. FOX Business’ Cheryl Casone with more. The Miami-based porn site that tried to offer complimentary webcams to the and last month is attempting to ease boredom for passengers stuck aboard two quarantined vessels with free sessions.Continue Reading BelowThis bold offer was extended via press release from executives at adult website CamSoda and was directed at the 7,300 passengers who have been impacted by the on the Diamond Princess and World Dream cruise , which are docked in and...WW…

Theranos founder Elizabeth Holmes arrives at San Jose court over alleged fraud. (Reuters) - A federal late on Tuesday dismissed some charges against Inc Elizabeth Holmes, but let stand wire fraud charges accusing her and an associate of misleading patients about the abilities of her company’s blood tests.Continue Reading BelowThe court ruled that since the tests were paid by their medical insurance companies the patients were not deprived of any money or property in taking Theranos blood testing services.It also said there was no evidence to show that Holmes and the company’s former...…Theranos founder Elizabeth Holmes arrives at San Jose court over alleged fraud. (Reuters) - A federal late on Tuesday dismissed some charges against Inc Elizabeth Holmes, but let stand wire fraud charges accusing her and an associate of misleading patients about the abilities of her company’s blood tests.Continue Reading BelowThe court ruled that since the tests were paid by their medical insurance companies the patients were not deprived of any money or property in taking Theranos blood testing services.It also said there was no evidence to show that Holmes and the company’s former...WW…

Netflix and other popular entertainment-based streaming services are driving the growth of news media subscriptions, as consumers continue to abandon traditional media platforms for entertainment and online news subscription-based services, according to a new survey. The study, conducted by researchers at the University of Minnesota's Hubbard School of Journalism & Mass Communication, in partnership with the News Media Alliance and the Star Tribune, examined consumer motivations and preferences in the Minnesota area regarding digital and print media subscriptions. The subscription economy...…Netflix and other popular entertainment-based streaming services are driving the growth of news media subscriptions, as consumers continue to abandon traditional media platforms for entertainment and online news subscription-based services, according to a new survey. The study, conducted by researchers at the University of Minnesota's Hubbard School of Journalism & Mass Communication, in partnership with the News Media Alliance and the Star Tribune, examined consumer motivations and preferences in the Minnesota area regarding digital and print media subscriptions. The subscription economy...WW…