Red Lobster reportedly closing dozens of US restaurants: See the closure list

Red Lobster has closed at least 48 locations across the U.S. as the seafood restaurant chain faces financial trouble, according to a restaurant liquidator who is holding an online auction.

Snoop Dogg's 'Gin & Juice' drink brand to sponsor college football bowl game

The Snoop Dogg Arizona Bowl Presented by Gin & Juice By Dre and Snoop will be played at Arizona Stadium in Tucson on Dec. 28. It's expected to feature teams from the Mountain West Conference and Mid-American Conference.

Social Security fund gains extra year of solvency – benefits will begin to be reduced in 2035

Social Security trust funds will not run out of money until 2035, at which point Seniors can expect their benefits to be reduced by 17% unless Congress takes steps to shore up the program.

Bud Light sales still suffering in US a year after controversy

Anheuser-Busch InBev's Bud Light brand has still not recovered in the U.S. more than a year since the beverage giant's controversial partnership with transgender influencer Dylan Mulvaney sparked a boycott of the beer.

Montrose Boulevard businesses concerned about planned road reconstruction

The Montrose Boulevard redevelopment plan, aimed at enhancing drainage and mobility, undergoes city hall review, prompting concerns from local businesses about potential impacts despite no official delay in the project's timeline.

Mortgage rates push higher with no relief in sight: Freddie Mac

The average 30-year fixed-rate mortgage was 7.22% for the week ending May 2, according to Freddie Mac's latest Primary Mortgage Market Survey.

What do higher-for-longer interest rates mean for your money?

Americans will be forced to adapt to a new normal where savers benefit from higher rates, but borrowers face steeper debt payments on everything from credit cards to mortgages to student loans.

Consumers see higher auto payments in exchange for better borrowing rates

Car loan terms have shortened as buyers with better credit seek cheaper rates for higher monthly payments, a recent Experian report said.

Father-daughter ironworker duo champion the rise of vocational learning

Vocational enrollment is up among younger Americans, and one nurse-turned-union ironworker thinks it's a good opportunity for students to secure their futures.

Texas oyster harvest over, restoring oyster reef
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The Texas oyster harvest is over after another difficult season. FOX 26 Business Reporter Tom Zizka says a private effort is restoring a damaged reef in San Leon to show how important the shellfish is to Galveston Bay.

Many Americans spend more than 30 percent of their take-home pay on a mortgage: survey

Homebuyers ready to take the plunge in today's housing market have had to sink a bigger portion of their paychecks into mortgage payments and make significant cuts to everyday spending, a recent survey said.

How much money it takes to be 'rich' in America for 2024

A recent study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.

More newlyweds opting for a 'mini-moon'– here's why

The need for fun and relaxation after the wedding day is leading more newlyweds to choose shorter getaways as an alternative to traditional honeymoons.

Southwest Airlines to stop flying to Houston Bush Airport, 3 others

Southwest Airlines will limit hiring and stop flying to four airports, including George Bush Intercontinental Airport in Houston, as it copes with weak financial results and delays in getting new planes from Boeing.