Home sales experience worst month of May since 2020
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While home sales declined month-over-month, home sale results in the month of May were still better than expected.

Fort Worth man offered $200M to buy Virgin Orbit. He had less than $1 in his bank account, SEC claims

The SEC claims the North Texas man actually had less than $1 in his bank account when he made the offer, falsely claimed he had an SMU law degree and lied about having investments "in over 13 space companies."

Rite Aid to close over two dozen stores amid bankruptcy proceedings

Rite Aid filed a “notice of additional closing stores" identifying 27 locations in Michigan and Ohio that it has added to the chopping block.

More than 1 in 4 US adults have no emergency savings, survey finds

With the soaring cost of living, putting money aside when you need it the most is becoming increasingly challenging for some Americans, based on a recent survey.

Iconic American companies that aren't in America anymore

Tupperware announced this month that it's shuttering its last remaining manufacturing plant in the U.S. and moving operations to Mexico -- the latest iconic brand to relocate its manufacturing plants or headquarters.

Two bills could change how tipped workers are paid
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There are two bills making their way to the November ballot that would change the way tipped workers get paid and in turn how business owners pay their tipped employees. FOX 10's Brian Webb has more.

More than a dozen Indiana Pizza Huts abruptly closed

A string of more than a dozen Pizza Hut restaurants in Indiana suddenly closed up shop earlier in the month.

Discount grocery store Aldi purchases 2 buildings
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Aldi, the discount grocery store with ambitious expansion plans, has announced the purchase of two new stores in the Phoenix-metro area.

Boeing CEO apologizes to families of 737 Max crash victims during Senate panel testimony

Boeing CEO David Calhoun stood and faced the people in the audience who were holding photos of some of the 346 people who died in the 2018 and 2019 737 Max jetliner crashes.

Iconic American brand closing its last remaining US factory

The iconic American brand is closing its last remaining manufacturing plant in the South Carolina this fall, which will result in more than 100 employees losing their jobs.

A lot full of Teslas in Scottsdale has people wondering what's going on

Behind a closed business in Scottsdale, there's a growing supply of seemingly brand-new Tesla's that have been parked. Industry analysts say it's a sign the demand has slowed.

Businesses impacted by fires burning north of Phoenix
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Fire season is early, and its active. The Riverside Fire is the third wildfire to hit the Bartlett Lake area so far this summer, and we?re only halfway through June. FOX 10's Ashlie Rodriguez has the latest from impacted business owners.

If you owe the IRS estimated taxes, Monday is the deadline

Monday, June 17 is an IRS tax deadline. Here’s what to know about second-quarter estimated payments due for some American taxpayers.