Business

A growing number of potential homebuyers are factoring in Thanksgiving as they search for their next home. More than half (52%) of U.S. adults said finding a home where they can host the big feast has played a role in their search, according to a recent Realtor.com survey. Sixty percent of Gen Z and 60% of millennials said that Thanksgiving entertainment factored into their housing decisions. That compares to the 47% of […]

Apple's smartphone shipments in 2025 are expected to top Samsung's for the first time in over a decade and become the world's leading seller of smartphones, according to a new report.An analysis by Counterpoint Research found that global smartphone shipments will rise by 3.3% year over year in 2025, with much of the gain driven by Apple.Shipments of iPhones are expected to climb 10% year over year in 2025, in […]

The U.S. Department of Agriculture says it’s working to reform what it calls the "out of control" SNAP benefits program.The agency plans to redirect more of its nutrition budget toward healthier, American-grown food options, including specialty crops, fruits and proteins. Agriculture Secretary Brooke Rollins said the effort is part of the "Make America Healthy Again" movement championed by Health and Human Services Secretary Robert F. Kennedy Jr."More coming on that […]

The Federal Aviation Administration (FAA) is investigating an incident in which an Amazon delivery drone struck an overhead internet cable in Texas, the agency confirmed to FOX Business.An Amazon MK30 drone, with registration number N139PA, hit the cable in Waco, Texas, at about 12:45 p.m. on Nov. 18, according to the FAA.Amazon said the drone had just completed a delivery when it "clipped a thin, overhead internet cable," triggering a […]

Prediction markets are heavily signaling a 25-basis-point interest rate cut in December, with probabilities hovering above 80% on both Kalshi and Polymarket. Traders on both platforms see only a slim chance of the Federal Reserve holding rates steady and virtually no expectation of a larger move. On Polymarket, the trading volume, or the total dollar amount wagered on this market, is a little over $171 million.AS THE HOLIDAYS APPROACH, THANKSGIVING BECOMES TRUMP'S […]

College graduates may be losing their edge in the labor market, as the unemployment gap between them and workers with only high school degrees has narrowed and reached its lowest level in decades, according to a new report.The Federal Reserve Bank of Cleveland analyzed unemployment trends for high school and college graduates between the ages of 22 and 27, as high school graduates have typically experienced relatively higher levels of […]

As tariff revenues surge, the White House is bracing for a Supreme Court ruling that could shape the future of President Donald Trump's trade agenda.Tariff revenues climbed to a new high of $34.2 billion in October, raising the stakes as the Supreme Court considers whether the president can continue imposing broad duties without congressional approval.TRUMP TARIFFS HAUL OVER $200B IN REVENUES AS SUPREME COURT WEIGHS CHALLENGE TO LEGALITYTotal duty revenue […]

Many of the nation's largest retailers and restaurants will close their doors or operate with reduced hours on Thanksgiving Day, as Americans gather with loved ones for the holiday. Major stores, including Target and Costco, will shutter their doors entirely on Thanksgiving Day. Meanwhile, chains such as McDonald’s and Dunkin’ will largely stay open, though hours vary by location.Here’s a look at some major U.S. retailers and restaurants and their Thanksgiving […]

Treasury Secretary Scott Bessent has wrapped up interviews this week for the top spot at the Federal Reserve.Bessent, who has been interviewing candidates since Labor Day, has previously said that he wants to "see people who are forward-looking, not backward-looking on regulation," get the Fed chair job.The shortlist of five candidates will now head to President Donald Trump's desk for review and selection.PREDICTION MARKET TRADERS BET 'THE KEVINS' ARE TRUMP’S […]