A new Federal Reserve working paper found the record surge in illegal immigration during the Biden administration came at a cost to one of the nation’s fiercest political debates: higher home prices and rent rates. The findings arrive as immigration remains a defining political issue, with Republicans arguing former President Joe Biden’s border policies strained housing and public resources while Democrats have pointed to immigration as helping ease...

FIRST ON FOX: A federal grand jury is investigating alleged financial crimes by Neville Roy Singham, the China-based tech tycoon whose fortune has funded a sprawling network of socialist, communist and Marxist organizations across the U.S. over the last decade. According to sources familiar with the matter, the grand jury in Manhattan has issued subpoenas as part of a probe launched by U.S. Attorney Jay Clayton for the...

Hours after their ballot box victories in a handful of congressional primaries in New York City, the Democratic Socialists of America (DSA) set their sights west. “Today, the East Coast, next week the Mountain West,” the DSA wrote in a social media post last week. The post came after DSA-aligned Darializa Avila Chevalier, a 32-year-old far-left community organizer, ousted incumbent Democratic Rep. Adriano Espaillat, the Congressional Hispanic Caucus...