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Refinance applications soared 35% last week in response to a sharp drop in mortgage rates, which are at their lowest levels in more than a year, but experts say the surge may not last.

Walmart, the largest retailer and private employer in the U.S., beat Wall Street expectations as shoppers respond to the thousands of grocery price cuts.

Freddie Mac's latest mortgage market survey shows that the average rates for both 30- and 15-year fixed mortgages eged up a bit this week, but only slightly.

FOX Business' Stuart Varney discussed Kamala Harris' economic plan, arguing the vice president is trying to distance herself from Bidenomics as inflation remains a problem.

The cost of shelter, auto insurance, electricity and food away from home were all up by double digits since President Biden took office in January 2021.

The summer has brought announcements of job cuts at a slew of different companies, including Cisco, Paramount Global and Axios.

American households have seen their debt levels surge in recent years as high inflation and interest rates have strained budgets, forcing consumers to turn to credit and debt.

The Labor Department on Wednesday reported that electricity prices are up 4.9% from the same time last year, much faster than the 2.9% pace of inflation.

8VC managing partner Joe Lonsdale reacts to billionaire Mark Cuban calling out Silicon Valley for its growing support of former President Trump.

The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.

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