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- Jeff Bezos’s Blue Origin Nears a Big Fund-Raising Round
The rocket company founded by Jeff Bezos is set to take on external investors for the first time, at a $130 billion valuation. [TheTopNews] Read More.8 mins ago - Trump admin launches its first major H-1B visa fraud investigation
The Trump administration is escalating its crackdown on immigration-related fraud, launching its first major investigation into alleged H-1B and PERM visa abuse, labor trafficking, and the displacement of American workers, Labor Department Inspector General Anthony D'Esposito told FOX Business on Wednesday.D'Esposito announced the probe exclusively on "Mornings with Maria," calling it the latest step in the administration's expanding anti-fraud campaign ahead of Vice President JD Vance's nationwide fraud initiative event in Milwaukee set for later in the day."This is another example where fraud is fueling violent crime," he said. "Much of the visa and the human trafficking that we see when it comes to this foreign labor is tied to cartels, is tied to transnational gangs, and this is the work that we should be doing, not only to make America safe again, but to make America more affordable again."D'Esposito said investigators have already begun to issue dozens of subpoenas.DR OZ WARNS MEDICARE SCAMMERS ARE STEALING BILLIONS – AND YOUR PERSONAL INFORMATION COULD BE NEXT"This is not just people working in factories or actual labor," he said. "These are people working in medical facilities and doctors' offices that are actually putting people in harm's way."GET FOX BUSINESS ON THE GO BY CLICKING HEREThis is a breaking news story; check back for updates. [TheTopNews] Read More.46 mins ago - Severn Trent avoids fine for wastewater failures
The water firm took "genuine accountability" after breaching wastewater obligations, Ofwat says. [TheTopNews] Read More.2 hours ago - Oil Prices Jump After Trump Says Deal With Iran Is ‘Over’Attacks on ships in the Strait of Hormuz sparked a new cycle of retaliation that could throttle the flow of energy from the region. [TheTopNews] Read More.2 hours ago
- Mack Unveils America 250 Tribute Truck to Celebrate Nation’s Semiquincentennia...
Mack Trucks has introduced a one-of-a-kind America 250 Tribute Truck to commemorate the United States’ upcoming semiquincentennial in 2026. The specially designed vehicle celebrates 250 years of American history while recognizing the trucking industry’s vital role in supporting the nation’s economy, infrastructure, and supply chains. Built on Mack’s newly launched Pioneer platform, the tribute truck combines patriotic design elements with the company’s latest advancements in commercial vehicle technology, creating a rolling symbol of American innovation and manufacturing. The unveiling is part of the nationwide America250 celebration, a multi-year initiative recognizing the 250th anniversary of the signing of the Declaration of Independence. Throughout the country, businesses, organizations, and communities are participating in events that highlight American history, innovation, and economic achievement. Mack’s tribute truck reflects both the company’s long-standing presence in the United States and the trucking industry’s contribution to moving the goods that keep the nation running. The custom-designed truck features a patriotic exterior that incorporates imagery representing American history and national pride. Bold red, white, and blue graphics, commemorative America 250 branding, and carefully crafted artwork pay tribute to the country’s heritage while showcasing Mack’s identity as one of America’s most recognizable truck manufacturers. The vehicle is expected to appear at major trucking shows, industry events, community celebrations, and public exhibitions leading up to the 2026 anniversary. Beyond its commemorative appearance, the America 250 Tribute Truck also highlights Mack’s newest generation of heavy-duty truck technology. Built on the Mack Pioneer platform, the truck incorporates modern engineering focused on improved fuel efficiency, driver comfort, advanced safety systems, and overall fleet productivity. Mack developed the Pioneer to meet the changing needs of today’s commercial transportation industry while continuing its tradition of durable and reliable truck manufacturing. Company leaders emphasized that the tribute truck celebrates more than a historic anniversary. It also recognizes the millions of professional truck drivers, technicians, manufacturing employees, dealers, and logistics professionals whose work supports the American economy every day. Trucking remains responsible for transporting the majority of domestic freight, connecting manufacturers, retailers, farms, ports, and consumers across the country. The tribute vehicle serves as a visual reminder of the industry’s importance to national commerce and economic growth. The America 250 initiative also provides Mack with an opportunity to highlight its own history. The company has manufactured trucks in North America for more than a century and has played a significant role in supporting industries ranging from… [TheTopNews] Read More.2 hours ago - Housing affordability to improve as home price growth cools, Realtor.com forecas...Housing affordability is expected to improve with the pace of home price growth slowing to a rate that's lower than inflation, a new report finds.Realtor.com on Wednesday released a midyear update to its 2026 housing market forecast that estimates home price growth will slow to 1.2% this year, a rate that's slower than the original forecast for the year and is slower than the pace of inflation. That means home prices would be effectively declining in real, inflation-adjusted terms."Against a backdrop of both familiar and new challenges, the economy has proved resilient. As a result, the first half of 2026 delivered stability more than momentum in the housing market," said Realtor.com senior economist Danielle Hale."The housing market is inching forward as sellers reset expectations, price growth cools, and buyers gain more negotiating power," Hale said. "Looking ahead, we expect momentum to build through the second half of the year as more sidelined buyers and sellers find terms that will work for both sides."WHY AMERICAN ARE FLOCKING TO THIS FLORIDA RETIREMENT HOT SPOTMortgage rates are projected to hold steady at 6.3%, the same level they were at when 2025 ended, as a resurgence of inflation caused by the Iran war undercut the prospects of interest cuts in the first of the year that could've helped mortgage rates decline.The slower pace of home price growth is expected to help lower monthly mortgage payments on a year-over-year basis, which the updated forecast suggests will decline 1.9% this year – more than the initial projection of a 1.3% dip.GOVERNMENT REGULATIONS ADD NEARLY $132K TO COST OF NEW HOME, BUILDERS SAYBy contrast, the average monthly mortgage payment rose 1.9% in 2025 and was up 7% on average from 2013 to 2019.Existing home sales are expected to see modest improvement from a year ago, rising from 4.06 million in 2025 to an estimated 4.1 million this year – though the growth is projected to be lower than the original forecast of 4.13 million homes sold in 2026."Buyers and sellers have shown a lot of staying power this year," Hale said. "This is a market where people are adjusting and showing up rather than giving up. Sellers are meeting the market with more realistic asking prices, which is helping deals get done."RECORD DECLINE IN HOME ASKING PRICES OFFERS BUYERS AN AFFORDABILITY BOOSTInventory of existing homes for sale is also expected to grow at a slower rate than… [TheTopNews] Read More.2 hours ago
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