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Data centers were on the ballot, and voters sent unmistakable message foxbusiness.com/politics/dat…
Trump admin names new economic Opportunity Zones to spur private investment in struggling communities foxbusiness.com/economy/trea…
How Democrats’ midterm gains could reshape the political landscape for AI foxbusiness.com/politics/new…
Texas oil industry becoming 'Californicated' could have 'dire consequences' for economy, energy boss warns foxbusiness.com/media/texas-…
Former NFL star Brandon Marshall helping Meta's Threads make push into football discussion, creation landscape foxbusiness.com/sports/forme…
CVS announces major breakup, pharmacy expert weighs impact on consumers foxbusiness.com/retail/cvs-a…
Trump blames Democrats for stock market plunge after sweeping midterm victories foxbusiness.com/politics/tru…
What Wall Street's tech stock sell-off means for your 401(k) foxbusiness.com/economy/wall…
McDonald's plans new value menu offerings next year to boost sluggish sales foxbusiness.com/markets/mcdo…
U.S. stocks plunged Thursday as investors dumped AI stocks, but market experts say Wall Street's concerns go beyond a single bad day.
Behind the rout are growing concerns about the massive spending and borrowing fueling the AI boom and whether those investments will pay off.
"Debt," Paul Mueller, an economist with the American Institute for Economic Research, said when asked what Wall Street is most worried about when it comes to AI.
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EToro analyst Jakub Rochlitz says the market was just waiting for a spark. "It seems that the mix of the election result and some disappointing tech earnings results was enough to tip markets over the edge. We are likely seeing a large number of crowded and leveraged trades unwind," he said.
Despite the plunge, Patti calls this "a valuation and sentiment reset, not a change in fundamentals." He says data center capacity will relocate to areas with more available electricity and fewer permitting hurdles rather than disappear.
Full story here foxbusiness.com/markets/what…
The Dow plunged more than 1,800 points on Thursday as tech and semiconductor stocks took heavy losses, and financial experts are warning Americans not to panic over their 401(k) balances.
The impact depends on how retirement savings are allocated and how close workers are to retirement.
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White says the key for Americans approaching retirement is maintaining enough cash and conservative investments to cover near-term withdrawals, so they aren't forced to sell stocks at the worst possible time.
"Your retirement date shouldn't dictate whether you panic. It should dictate how you've prepared," he told FOX Business. "A well-constructed retirement portfolio should anticipate market declines, not require a complete overhaul every time they occur."
Frame Wealth's Jay Duffy says investors should consider rebalancing if their portfolios no longer match their risk tolerance or retirement timeline, rather than automatically selling or doing nothing.
"Don't make permanent financial decisions based on temporary market emotions," he said.
Full story here foxbusiness.com/economy/wall…
FOX Corporation is partnering with U.S.VETS for the "Make Camo Your Cause" campaign for the sixth straight year to help end veteran homelessness. foxnews.com/media/fox-usvets…
Florida and Texas may be popular retirement destinations, but a small Michigan city is taking the top spot.
Midland, Michigan, ranks No. 1 on U.S. News & World Report’s list of the best places to retire in 2027, with a median home value of $206,176, far below the national average of nearly $360,000.
The rankings consider factors including housing affordability, health care and quality of life. But housing prices tell only part of the story.
See which 10 communities make the list, including one where median home values are barely above $115,000: foxbusiness.com/lifestyle/be…
