Crews begin demolition of Metrocenter Mall in Phoenix
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An $850 million redevelopment project to replace Metrocenter Mall began with the start of demolition, which is expected to take 10-12 months.

How the Fed's rate cut will impact auto loans

It will take a lot more than the single rate cut from the Fed to make a notable difference in auto loan rates. Since 2022, the higher rates have pushed the average new vehicle loan payment up $108 a month to $967, analysts found.

You can now get verified on Uber; here's why

Ride-booking company Uber announced it will now allow riders to get verified in response to driver feedback.

Will the Fed's rate cut bring down mortgage rates?

While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, auto loans and credit cards. Mortgage rates are linked to moves in the 10-year Treasury yield.

Metrocenter to undergo demolition in November
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As demolition work starts at the Metrocenter mall in Phoenix, the iconic landmark is being turned into a mixed-use space with apartments, a hotel, retail and restaurant space. Crews are going through the former mall and removing asbestos so it does not cause harm to the community. The official demolition will begin in mid-November.

Federal Reserve slashes key rate by half-point, signals end of inflation battle

The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for consumers.

Diaper banks step up as costs increase
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Many American families are having trouble paying for diapers, so diaper banks are stepping up to cover costs. FOX's Sunny Tsai reports from a diaper bank in Las Vegas to show us how one nonprofit is helping.

Kratom drink 'New Brew' banned in some states; here's why

The kratom-infused "New Brew" drink is gaining attention for its use of the controversial herb, banned in several U.S. states. Learn more about where it's banned and why.

FDA to propose new food label warnings to combat obesity

The FDA is considering food labels to help consumers identify products with unhealthy ingredients, but some experts wonder if this is enough to help in the fight of high obesity rates in the U.S.

Here's how much Americans expect to pay for a used car, and how much it will actually cost

Buying a car is a big financial commitment and a recent survey finds that consumers in the market for a new vehicle are only willing to purchase one under these circumstances.