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Investors bet big on booming drone economy

Business

Investors bet big on booming drone economy

The drone economy is taking off, and investors are getting more options to put money into the budding industry.The recently launched REX Drone exchange-traded fund, for example, has 80% of its portfolio earmarked for companies that generate the bulk of revenues from drones, unmanned aerial vehicles (UVA) and the companies that support the industry’s technologies."The drones theme is exciting for a couple of reasons," REX CEO Greg King told FOX […]

todayNovember 21, 2025 2

Middle-income Americans pessimistic about their financial future amid persistent inflation, analysis shows

Business

Middle-income Americans pessimistic about their financial future amid persistent inflation, analysis shows

Middle-income Americans are facing an economic hangover from the inflation of the last several years, and it has led to increased pessimism about their financial prospects, a new analysis finds.A report by Primerica found that in the third quarter of 2025, just 21% of middle-income Americans believe they'll be better off financially in the next year, while 34% believe they'll be worse off and 33% expect their situation to remain the same.Those […]

todayNovember 21, 2025 4

Home values soared in these 10 cities

Business

Home values soared in these 10 cities

Even though the U.S. real estate market has posed significant challenges for potential buyers, there are some parts of the country where home values have actually increased. Notably, 10 cities across the South and Northeast have experienced the most significant home value increases across the top 100 U.S. metros since the COVID-19 pandemic, according to an analysis conducted by economists at Realtor.com.Realtor.com senior economist Joel Berner said when there is a […]

todayNovember 21, 2025 6

Trump’s $2K tariff dividends could carry a hefty price tag

Business

Trump’s $2K tariff dividends could carry a hefty price tag

President Donald Trump's proposal to give Americans $2,000 tariff dividends could carry a hefty price tag, according to a new analysis by a budget watchdog.Trump told reporters in the Oval Office on Monday that the federal government is looking to pay out the dividends by mid-2026, which would fall ahead of the midterm elections. The timing could depend on Congress, as Treasury Secretary Scott Bessent recently said legislation would be needed […]

todayNovember 21, 2025 3

Once planned as America’s most expensive new home, $75M estate lists beside Larry Ellison’s Florida mansion

Business

Once planned as America’s most expensive new home, $75M estate lists beside Larry Ellison’s Florida mansion

EXCLUSIVE: A prime stretch of Manalapan coastline once listed as a record-breaking $285 million megamansion is back on the market — this time at $75 million — and it happens to sit right next door to Oracle billionaire Larry Ellison’s sprawling South Florida estate.The property at 1960 South Ocean Blvd., owned by developer and former Manalapan Mayor Stewart Satter, is being reintroduced as a land offering with the option to […]

todayNovember 21, 2025

2 Americans, 2 Chinese nationals accused of illegally exporting Nvidia GPUs to China

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2 Americans, 2 Chinese nationals accused of illegally exporting Nvidia GPUs to China

Two Americans and two Chinese nationals are accused of secretly funneling advanced Nvidia artificial intelligence (AI) chips to China, a plot prosecutors say threatened U.S. national security and violated strict export controls.The Department of Justice said in a news release that Hon Ning "Mathew" Ho, 34, a U.S. citizen born in Hong Kong and living in Tampa, Florida; Brian Curtis Raymond, 46, of Huntsville, Alabama; Cham "Tony" Li, 38, a […]

todayNovember 20, 2025 2

Nvidia CEO urges improved US-China trade relations amid AI chip ban: ‘Significant source of revenue’

Business

Nvidia CEO urges improved US-China trade relations amid AI chip ban: ‘Significant source of revenue’

Nvidia CEO Jensen Huang is urging the U.S. and China to improve trade relations, arguing that access to the Chinese market is essential for American competitiveness in artificial intelligence (AI).In an interview that aired Thursday on FOX Business Network's "The Claman Countdown," Huang said the U.S. must regain access to the Chinese market to maintain its global standing."It is clear that we really need America to go back into the […]

todayNovember 20, 2025 3

Another fire ignites at Ford aluminum supplier’s New York plant, months after first blaze

Business

Another fire ignites at Ford aluminum supplier’s New York plant, months after first blaze

Another fire broke out Thursday at Novelis’ aluminum plant in Oswego, New York — marking another setback for one of Ford Motor Company’s major aluminum suppliers.The latest blaze erupted around 8:45 a.m., prompting multiple fire departments to respond and all employees to be evacuated, a Novelis spokesperson confirmed to FOX Business."The fire is now out," the spokesperson said. "Crews remain on site to monitor."No injuries were reported.AMERICA'S TOP-SELLING VEHICLE FACES […]

todayNovember 20, 2025 2

LARRY KUDLOW: America is open for business

Business

LARRY KUDLOW: America is open for business

In the last couple of days, President Trump has said America is open for business, and it’s the hottest country in the world. Mark those words. He is reinventing capitalism. He's reimagining capitalism. And the rest of the world believes him. And if you listen to the media cacophony of leftists against Trump, you wouldn’t believe a word of it.There’s supposed to be this massive wave of pessimism aimed at […]

todayNovember 20, 2025 3