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Donald Trump vs Kamala Harris: What do the betting markets say?
Approved, Fox Business, National

Donald Trump vs Kamala Harris: What do the betting markets say?

By Eric Revell | Fox Business President Biden's decision on Sunday to drop out of the presidential race and Vice President Harris gaining the support to become the Democratic Party's presumptive nominee hasn't caused a dramatic shift in betting markets' views of the matchup with Republican nominee former President Trump. Biden's decision on Sunday to withdraw from the race came after intense pressure from Democrat politicians who were concerned about his waning support amid concerns over his health and mental acuity in the wake of his poor debate performance against Trump on June 27. Biden's odds of winning a second term plunged from about 45% on PredictIt on the eve of the debate to 15% on Saturday, the day prior to his decision to withdraw. Bettors on Polymarket cut his odds fro...
With 4,000 flight cancellations in a week, Dept. of Transportation launches investigation into Delta
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With 4,000 flight cancellations in a week, Dept. of Transportation launches investigation into Delta

By Daniella Genovese | Fox Business The federal government launched an investigation into Delta Air Lines as it struggles to get its operation back on track, Transportation Secretary Pete Buttigieg said Tuesday. The Department of Transportation opened an investigation into Delta Air Lines, which has canceled over 4,000 flights since Friday "to ensure the airline is following the law and taking care of its passengers during continued widespread disruptions," Buttigieg posted on X.  "All airline passengers have the right to be treated fairly, and I will make sure that right is upheld," Buttigieg continued. READ THE FULL STORY AT FOX BUSINESS
GOP lawmaker moves to impeach Kamala Harris over border crisis
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GOP lawmaker moves to impeach Kamala Harris over border crisis

By Alicia Warren | Fox Business A GOP lawmaker is planning to hold Kamala Harris "accountable" for her role in the border crisis by filing articles of impeachment against the vice president. Rep. Andy Ogles, R-Tenn., joined "Mornings with Maria" on Wednesday to discuss why he’s pushing to impeach Harris as she’s determined to be the Democratic presidential candidate. "We have to hold her accountable and start defining her for her failures," Rep. Ogles said while addressing Harris’ role as Biden’s appointed border czar. "Here’s the thing. We have a crisis at the southern border. We are being invaded. Our kids, our streets are being poisoned by fentanyl. And then crime is running rampant," he stressed. READ THE FULL STORY AT FOX BUSINESS
Home prices smashed another record in June as sales slump
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Home prices smashed another record in June as sales slump

By Megan Henney  | Fox Business The cost of buying a new house just hit another all-time high, according to a new report. Data published by the National Association of Realtors shows the median existing U.S. home sale price jumped to $426,900 in June – a 4.1% increase from the same time last year. That marks the highest level on record and is the second straight month that prices topped a new high. As prices marched higher, sales of previously owned homes tumbled 5.4% to an annual rate of 3.89 million units.  In a potentially good sign for buyers, however, there was an uptick in inventory last month. At the end of June, there were about 1.32 million homes for sale, according to the report, up 3.1% from the previous month and 23.4% from the same time one year ago. READ T...
Trump promised to end ‘inflation nightmare’ in RNC speech. Here’s his plan.
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Trump promised to end ‘inflation nightmare’ in RNC speech. Here’s his plan.

By Megan Henney | Fox Business Former President Donald Trump vowed to end the ongoing inflation crisis during his keynote speech at the Republican National Convention, promising that he would work to bring high prices down if he wins the November election. "We’ve had the worst inflation we’ve ever had under this person," Trump said in the Thursday night speech, referring to President Biden. "Inflation has been a killer for our country. No matter what you’re making, it doesn’t matter because inflation is eating you alive." The Republican nominee laid out several proposals that he said would reduce inflation or provide relief from steep prices, including eliminating taxes on tips, raising tariffs on other countries and drilling for more oil in the U.S. Although inflatio...
Dennis Quaid: Ronald Reagan’s story ‘exemplified’ what nation ‘needs to get back to’ in Aug. 30 movie release
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Dennis Quaid: Ronald Reagan’s story ‘exemplified’ what nation ‘needs to get back to’ in Aug. 30 movie release

By Kristen Altus | Fox Business Dennis Quaid is drawing parallels between the late 70s and the Reagan presidency to today, reliving the great relationship of two political rivals who worked together to make this country a better place for the American people. "They exemplified the way we would like to get this nation back to, as far as the unity and working it out with one another," Quaid said from the Republican National Convention Thursday night on "The Bottom Line." The beloved "Parent Trap" actor sat alongside his "Reagan" co-star Dan Lauria, as the two discussed what they learned from the 40th president and his friendship with Tip O’Neill, a Massachusetts Democrat who served as House speaker at the time. READ THE FULL STORY AT FOX BUSINESS
Lou Dobbs, former Fox Business and CNN host, dead at age 78
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Lou Dobbs, former Fox Business and CNN host, dead at age 78

By David Rutz | Fox Business Former FOX Business host Lou Dobbs has died at the age of 78. A statement posted on his X account called him a "fighter till the very end – fighting for what mattered to him the most, God, his family and the country." "Lou's legacy will forever live on as a patriot and a great American. We ask for your prayers for Lou's wonderful wife Debi, children and grandchildren," it said. "We are deeply saddened by the passing of Lou Dobbs," said a spokesperson for FOX News Media. "An incredible business mind with a gift for broadcasting, Lou helped pioneer cable news into a successful and influential industry. We are immensely grateful for his many contributions and send our heartfelt condolences to his family." READ THE FULL STORY AT FOX BUSINESS
Federal appeals court says no to Biden’s student loan debt handout plan
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Federal appeals court says no to Biden’s student loan debt handout plan

By Eric Revell  | Fox Business A federal appeals court on Thursday issued a ruling that blocks the Biden administration from continuing to implement a new version of its student loan debt handout plan that is designed to reduce monthly payments for borrowers. The U.S. Eighth Circuit Court of Appeals granted a request by seven Republican states to block portions of the Education Department's plan that a lower court judge hadn't previously blocked. Last month, a U.S. District Court in St. Louis blocked the agency from moving forward with granting additional student loan forgiveness under the Biden administration's Saving on a Valuable Education (SAVE) plan – though it didn't block all elements of the plan. READ THE FULL STORY AT FOX BUSINESS
Elon Musk to chip in $45M a month to pro-Trump Super PAC, donates $100k to victims, families in weekend shooting
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Elon Musk to chip in $45M a month to pro-Trump Super PAC, donates $100k to victims, families in weekend shooting

By Landon Mion | Fox Business Billionaire Elon Musk, coming off his endorsement of Trump after the Republican candidate survived an assassination attempt on Saturday, plans to donate about $45 million per month to a super PAC backing the former president, according to a report. Formed last month in support of Trump with financial help from some of Musk's friends, America PAC includes Palantir Technologies co-founder Joe Lonsdale, Cameron and Tyler Winklevoss, and former U.S. ambassador to Canada Kelly Craft and her husband, Joe, the chief executive of coal producer Alliance Resource Partners, The Wall Street Journal reported. The group has spent at least $6.6 million on behalf of Trump, who was nominated at the Republican National Convention on Monday to be the party's c...
Trump is back: Presidential hopeful reinstated by Meta on Facebook, Instagram
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Trump is back: Presidential hopeful reinstated by Meta on Facebook, Instagram

By Sarah Rumpf-Whitten  | Fox Business Meta, the parent company of Facebook and Instagram, announced that they will remove the longstanding restrictions placed on former President Trump's accounts. A Meta spokesperson confirmed to Fox News that the Big Tech giant will lift the bans placed on Trump's Meta accounts that have been in place since Jan. 2021. Meta said the restrictions on Trump's social media will be lifted in "the coming weeks." The change of heart came after Meta reassessed their "responsibility to allow political expression." READ THE FULL STORY AT FOX BUSINESS

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