Mortgage rates rose again this week, with the average 30-year fixed-rate note climbing further past 7% in another blow to the struggling housing market.
The Dow nosedived along with the S&P 500 and Nasdaq Composite after a fresh read on U.S. GDP fell well short, and earnings Facebook parent Meta disappointed investors.
Gross domestic product, the broadest measure of goods and services produced across the economy, grew at a 1.6% annualized rate during the first quarter.
TikTok's chief executive said the social media company expects to win a legal challenge to block a new law that he said would ban its video app used by 170 million Americans.
The U.S. Chamber of Commerce filed a lawsuit to block the Federal Trade Commission's sweeping ban on noncompete agreements, arguing the regulator overstepped its authority.
Tesla CEO Elon Musk offered an outline of the company's plans to move forward with a lower-cost EV compared to its current platform next year, with production to start in early 2025.
A key measure of home-purchase application fell for the third straight week as mortgage interest rates marched to the highest level since November 2023.
Dolly and Jenny Lenz of Dolly Lenz Real Estate tell potential home buyers to "jump in" to the market if they can as the industry faces series of challenges.
FOX Business' Stuart Varney discussed Hamas' influence over American politics after the terror group seemingly organized protests at elite universities.
A new poll published by Bloomberg News/Morning Consult shows that President Biden is trailing former President Donald Trump in six of seven swing states.