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- Is It an Art Gallery? A Museum? A Theater? A Dream?
The Ministry of Awe, a new immersive experience in a former bank in Philadelphia, aims to help locate the wondrous in the everyday. [TheTopNews] Read More.14 mins ago - Two cities named Springfield are dominating America’s hottest housing mark...
Americans are officially ghosting overpriced metro areas in favor of the humble Springfield.For the second month in a row, Springfield, Massachusetts, has been crowned the hottest housing market in America, but its Illinois namesake is stealing the spotlight with a staggering 26.6% annual price surge, recent Realtor.com data shows, bringing it to the No. 13 spot.While major metros like Boston and Chicago become increasingly unaffordable, smaller cities with deep American roots, like the "Land of Lincoln" and the "Birthplace of Basketball," are seeing a massive resurgence.BOSTON'S AFFORDABILITY CRISIS DRIVES YOUNG WORKERS TO CONSIDER LEAVING"The two cities represent distinct market narratives: One is a Boston-adjacent suburb benefiting from spillover demand and a well-documented affordability premium, while the other is a Midwestern market where accelerating price growth points to a sharp increase in buyer interest," Realtor.com senior economic research analyst Hannah Jones told the outlet.Situated 90 miles southwest of Boston, Massachusetts, Springfield took the top spot for offering a notable "discount" median listing price at $365,000 – while Boston has a median listing price at $832,500, about double the national average and the fifth-most expensive in the U.S.Homes typically sell in just 23 days, and it’s best known as the hometown of author Dr. Seuss and where Dr. James Naismith invented basketball.Turning to the Midwest, Illinois’ Springfield is slowly climbing its way up the "hottest market" ranks. Its 26.6% annual price gain currently makes it the most affordable entry point in the country.Springfield, Illinois, hails a median listing price around $250,000, the lowest in the Top 20 rankings. Realtor.com pointed out that one 1,500-square-foot home saw 96 showings and 28 offers in just four days, selling for $60,000 over asking.GET FOX BUSINESS ON THE GO BY CLICKING HEREIt’s famous for being home to the Abraham Lincoln Presidential Library and the place where the late Lincoln practiced law for 25 years before making his way to the White House.More broadly, the "hottest market" list is primarily dominated by Northeast cities as they took 16 of the top 20 spots. These historic hubs have become the front lines of a new housing gold rush as families prioritize their bottom lines over big-city zip codes.READ MORE FROM FOX BUSINESS [TheTopNews] Read More.22 mins ago - AI exposes hidden risks in US military supply chain tied to ChinaThe Trump administration's efforts to curtail U.S. dependence on China are intensifying as artificial intelligence exposes vulnerabilities deep inside America’s military supply chain.Exiger CEO Brandon Daniels joined FOX Business’ Maria Bartiromo on "Mornings with Maria" to discuss how artificial intelligence is being used to trace the origin of critical military components and identify weak points tied to Chinese-controlled materials and suppliers.Daniels said China has spent years targeting key areas of industrial manufacturing through what he described as "economic warfare," pointing to practices such as forced labor, tariff evasion and state subsidies that have hollowed out parts of America’s manufacturing base."There is a big, thick middle of manufacturing that China has targeted over the last 20 years," Daniels said.The conversation comes as the Trump administration is pushing to strengthen domestic production capacity tied to national security and defense systems. Daniels said the U.S. once had more than 360 manufacturers supporting areas such as iron castings, magnesium castings and forgings tied to defense production, but that number has dropped below 120 in the past decade.WHITE HOUSE ACCUSES CHINA OF 'INDUSTRIAL-SCALE' AI TECHNOLOGY THEFT WEEKS AHEAD OF TRUMP-XI SUMMIT"But there is a way out," Daniels said. "Through autonomous workflows, through automation, through robotics, through artificial intelligence… we can return manufacturing to the United States."Supply chain concerns have intensified amid instability in the Middle East and threats to shipping through the Strait of Hormuz.Secretary of Energy Christopher Wright joined Wednesday's program to discuss ongoing tensions involving Iran and the importance of maintaining open shipping lanes.FORMER TREASURY SECRETARY SAYS GUARDRAILS ARE NEEDED TO AVOID US-CHINA 'MUTUALLY ASSURED ECONOMIC DISRUPTION'"The United States is going to have free flow of traffic through the Strait of Hormuz," Wright said.The discussion reflects a broader push across government and industry to reduce reliance on foreign-controlled materials tied to critical defense systems.GET FOX BUSINESS ON THE GO BY CLICKING HERE [TheTopNews] Read More.43 mins ago
- U.S. Debt Hits a Concerning Milestone, and Experts Say Trump’s Policies Could ...The debt is outgrowing the size of America’s economy. The president’s policies could accelerate the country’s fiscal headaches, experts say, unless policymakers intervene. [TheTopNews] Read More.51 mins ago
- Elon Musk’s SpaceX Plans $55 Billion Investment to Make A.I. ChipsThe rocket company’s new semiconductor factory, called Terafab, is part of the billionaire’s increasing efforts to dominate artificial intelligence. [TheTopNews] Read More.1 hour ago
- Stocks Are Exuberant. Bonds Are Subdued. Why the Divergence?Stock investors are betting that companies will make enormous profits, despite the war. But investors in bonds, including U.S. government debt, have other concerns. [TheTopNews] Read More.1 hour ago
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