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- ‘Supergirl’ Falters at the Box Office, Testing DC Studios’ Reboot
Overall, ticket sales for the weekend were up 21 percent from last year. But the expensive “Supergirl” debuted as a disappointing second, with an estimated $38 million. [TheTopNews] Read More.2 hours ago - Rare Virginia octagon mansion with ‘haunted’ reputation hits the mar...
A rare eight-sided Virginia mansion with a spooky reputation is looking for its next owner.The historic Octagon Mansion in Wytheville, Virginia, has hit the market for $295,000, offering buyers six bedrooms, roughly 5,000 square feet and more than 150 years of history — as well as a past tied to paranormal investigations and ghost-themed events, according to Realtor.com.Built in 1870, the home is one of the country's few remaining octagon houses, an architectural style that briefly gained popularity in the mid-1800s before largely disappearing, the outlet reported.In recent years, the property operated as the Octagon Mansion History Museum after curator John Cushman purchased it in 2019. The museum hosted regular "Dinner with a Ghost" events before closing in March 2025. Prior to Cushman’s purchase, the home sat vacant for nearly a decade, according to Realtor.com.CALIFORNIA EXODUS 2.0: HOW SPACEX, TECH IPOS COULD TRIGGER THE NEXT MASSIVE WEALTH FLIGHT TO FLORIDA"The Octagon Mansion in Wytheville is a genuine rarity, and not just because of its haunted reputation," Realtor.com Executive Editor Charlie Lankston told FOX Business. Lankston said octagon homes had a brief run in the late 1850s and early 1860s, when some design experts argued the eight-sided layout could give homeowners "more space for less money." But the trend faded by the early 1900s, and many octagon homes were eventually demolished, he noted.HOME SELLERS COULD BOOST OFFERS BY THOUSANDS WITH THIS SURPRISING PAINT COLOR"The fact that this 1870 property has survived more than 150 years largely intact, with its original hardwood floors, custom millwork, and architectural bones still in place, makes it a unique piece of American history," Langston said. A spokesperson for the property’s most recent owners declined to tell FOX Business why they are selling.The mansion has been substantially remodeled, with updates including a commercial kitchen, refreshed bathrooms and upgraded electrical systems. Some original features, such as hardwood floors, built-ins and detailed millwork, remain intact, Realtor.com noted.FLORIDA HOMEOWNERS MAY GET A HUGE TAX BREAK — BUT NEWCOMERS FACE A MAJOR CATCHGET FOX BUSINESS ON THE GO BY CLICKING HEREThe property's B-2 zoning could also give the next owner flexibility.The home could potentially be used as an event venue, bed-and-breakfast or mixed-use space, according to Realtor.com."For anyone with an interest in preservation, there aren’t many opportunities like this left, particularly at a price point under $300,000," Langston said. [TheTopNews] Read More.3 hours ago - The overlooked reason why new drugs take so long—and the $10 trillion fixCutting just one year from the Food and Drug Administration's drug review process could create more than $10 trillion in economic value while getting lifesaving medicines to patients faster, according to a new report calling for major FDA reforms.The report, The Multi-Trillion Dollar Opportunity in Reforming the FDA, published by the free-market policy group Unleash Prosperity, argues that lengthy effectiveness reviews, not safety testing, account for much of the agency's approval timeline. Its authors estimate that trimming those reviews by one year would accelerate patient access to new treatments while encouraging greater investment in medical innovation."It takes about a decade from start to finish to come through FDA," economist and former acting chairman of the White House Council of Economic Advisers Tomas Philipson told Fox News Digital in an interview. "Most of that time is not spent on safety. Most of it time is spent on effectiveness trials."19 DRUG APPROVALS IN 2024 THAT HAD 'BIG CLINICAL IMPACT,' ACCORDING TO GOODRXPhilipson argued that most delays in the drug approval process stem from determining effectiveness rather than safety."FDA is charged by Congress to enhance both safety and effectiveness of new drugs," Philipson said. "People recognize the role of the government potentially ensuring safety and consumer protection, but it's a unique role that FDA has of ensuring effectiveness."He also argued that faster approvals could help lower prescription drug costs by increasing competition among manufacturers."Reforming FDA would have a big impact on drug affordability for patients because it would allow for far more competition between drugs that come out faster," he said.OPERATION WARP SPEED WAS MIRACULOUS. TRUMP ADMIN SHOULD NOT ABANDON TECHNOLOGY THAT MADE IT POSSIBLEThe report estimates that accelerating approvals by one to six years could generate trillions in economic value through earlier access to drugs, biologics and medical devices, as well as stronger incentives for innovation.The authors also warn that China's faster, lower-cost clinical trial system could lure investment and drug development activity away from the United States.Philipson said the competitive challenge from China underscores the need for policymakers to rethink the pace of FDA approvals."I think there's a huge role for the president here to push an analogous effort to what he did with Operation Warp Speed during COVID," Philipson said. "It's equally urgent for other patient groups who don't have COVID but other diseases."The authors propose reforms including greater use of artificial intelligence in drug reviews, faster clinical trial designs and… [TheTopNews] Read More.5 hours ago
- Seniors in Medicare are about to get landmark obesity drug coverage — but many...
Many seniors may be unaware of the landmark coverage shift starting on July 1, with limited advertising seen from the government or Eli Lilly and Novo. [TheTopNews] Read More.9 hours ago - LA delays $30 ‘Olympic wage’ until after games as hotel owners warn ...Los Angeles officials have delayed implementation of a controversial plan to raise the minimum wage for hotel and airport workers to $30 an hour after the hospitality industry warned the mandate could result in layoffs, reduced hiring and increased automation.The measure, often referred to as the "Olympic Wage," was originally designed to increase wages to $30 an hour by 2028 as Los Angeles prepares to host the Summer Olympics. But city leaders recently voted to push back full implementation until 2030 amid concerns about rising labor costs as hotels prepare for a surge in visitors tied to the 2026 FIFA World Cup and the 2028 Olympics.AOC-BACKED $25 MINIMUM WAGE COULD SQUEEZE SMALL BUSINESSES IN RED STATESRebekah Paxton, research director at the Employment Policies Institute, said city leaders began reconsidering the timeline after concerns emerged from the hospitality industry ahead of several major international events."There were concerns from the hotel community," Paxton told Fox News Digital. "There was some data that came out that the hotels were struggling ahead of the Olympics, even as we're approaching the World Cup this summer."The proposal also comes as New York City officials consider a separate plan to raise the city's minimum wage to $30 an hour over several years, a concept aligned with broader progressive efforts to increase wage floors in high-cost areas.AOC-BACKED $25 MINIMUM WAGE PLAN SOUNDS GREAT — BUT AT WHAT COST?Paxton noted that hotel workers currently earn a minimum wage of roughly $22.50 an hour, meaning the proposal would raise pay by about one-third over just a few years. She said hotel operators warned the higher labor costs were already affecting hiring decisions as Los Angeles prepares for the World Cup and Olympics.Citing a report from the Los Angeles hotel industry, Paxton said some hotels had reduced hiring and staffing because they could not absorb the anticipated labor costs.City officials ultimately voted to delay the $30 wage requirement from 2028 to 2030, a move Paxton said gives hotels "a little bit of breathing room as we ramp up toward the Olympics."Still, she argued the delay does not resolve the industry's underlying concerns."A $30 minimum wage is still a $30 minimum wage," Paxton said. "A pause is certainly a step in the right direction, but it's not going to solve the ultimate problem, which is a lot of folks saying that they can't sustain that level of a wage increase."Paxton said supporters of… [TheTopNews] Read More.9 hours ago
- A ‘perfect storm’ points to a much smaller U.S. auto market by 2040The auto industry is selling fewer cars--one forecaster says this is a fundamental change, and it is going to get worse. [TheTopNews] Read More.10 hours ago
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