10-year Treasury yield hits 2002 high, raising mortgage and loan costsThe 10-year bond yield hit its highest level since 2002, impacting mortgage rates, credit cards, auto loans and housing as the market faces pressure from federal budget deficits.Fox Business4d agoWhole story →BuildEconomytreasury yield surge
Deficit reduction could lower inflation and interest rates, CRFB findsReducing the federal budget deficit could temper inflation, lower interest rates and prevent Social Security and Medicare crises, a new CRFB analysis finds.Fox Business12d agoWhole story →GovernmentHealthfederal budget deficit report
MIT professor says Washington is taking AI risks seriously after Senate briefingMIT AI researcher Max Tegmark tells Fox News Digital why he believes lawmakers are taking AI risks more seriously and why he wants an "FDA for AI."Fox Business17d agoWhole story →TechnologyHealthsenate ai briefing
Federal Reserve rate hike sparks home price reductions, experts sayThe real estate market is shifting after the Fed's rate hike pushed 30-year mortgage rates to 7.14%. Experts say sellers may need to cut home prices to close deals.Fox Business20d agoWhole story →BuildEconomyfederal reserve rate hike
Federal budget deficit hits $2 trillion in first 11 months of FY2026Federal budget deficit hit $2 trillion after 11 months of fiscal year 2026, the CBO reported. Social Security, Medicare, Medicaid and national debt interest drove spending higher.Fox Business26d agoWhole story →EconomyHealthfederal budget deficit report
Fauci invokes Fifth Amendment as Hawley alleges taxpayer-funded awardsAnthony Fauci invoked the Fifth Amendment as Sen. Josh Hawley accused him of using federal employees and taxpayer money to pursue personal cash awards during COVID-19.Fox Business2mo agoWhole story →GovernmentHealthJosh Hawleyfauci senate hearing
