Housing supply jumps to 4-year high as homes sit unsold
Claman Countdown panelists Dorie and Jenny Lentz break down the top places Americans want to live. The housing shortage that has long plagued the United States may finally be easing, but the big factors driving supply aren't helping the stagnant market pick up again anytime soon. new Report from Redfin According to the report, the […]
US credit card defaults soar to highest in 14 years
Ramsey Solutions personality Jade Warshaw breaks down the latest economic data that shows consumers are racking up credit card debt amid a surge in spending. Experts are sounding the alarm over a new report showing that credit card loan defaults have skyrocketed this year, warning that the dam of American consumer debt at a record […]
Shrinking Colorado River will take a toll on the nation’s food supply
Local grocery store shelves and prices may change a bit soon. Local grocery store shelves and prices may change a bit soon. The Colorado River, which provides water for about 15% of our nation's agriculture, is shrinking, and the current agreement to share water use will end in 2026. of Southern California's Imperial Valley relies […]
Costco board wants shareholders to vote no on DEI program challenge
Gerald Store, CEO of Store Advisors and former Toys R Us and Target executive, reacts to November's strong retail report and explains how industry winners are “value-based” players. Masu. Costco's board of directors is calling on shareholders to vote against a proposal to eliminate the wholesale retailer's diversity, equity, and inclusion (DEI) program. “At Costco […]
Mega Millions $1.22 billion jackpot won by player in California
See what's being clicked on FoxBusiness.com. of mega millions Friday night's drawing had an estimated $1.22 billion jackpot, and the winning ticket was purchased in California. The winning numbers drawn on Tuesday were 3, 7, 37, 49, 55 and the gold Mega Ball was 6. The megaplier was 3X. The grand prize in Friday's drawing […]
Passenger sneaks onto Delta flight to Hawaii without ticket
See what's being clicked on FoxBusiness.com. An unticketed passenger in Seattle managed to evade security and airline officials before boarding a flight to Honolulu earlier this week, but the plane taxied out, according to Delta Air Lines and the Transportation Security Administration (TSA). He was arrested at the time. The fare evader, whose identity has […]
Mortgage rates rise for second straight week, highest since July
Ivy Zelman, executive vice president at Zelman & Associates, talks about home affordability hurdles on Barron's Roundtable. Mortgage rates soared to a five-month high this week, ending the year slightly higher than they started. Freddie Mac's latest Primary Mortgage Market Study, released Thursday, found that the average benchmark interest rate 30 year fixed mortgage rose […]
Mergers that were blocked or challenged by the Biden admin in 2024
Christopher Zuke, chief investment officer at CAZ Investments, analyzed the number of merger and acquisition deals that took place under the Biden-Trump administration. The Biden-Harris administration has taken an aggressive stance in recent years in scrutinizing proposed mergers and acquisitions, resulting in regulatory actions blocking or suspending some transactions. The Federal Trade Commission (FTC) and […]
Elon Musk shoots down ‘wrong-headed economic thinking,’ says there’s ‘infinite potential’ for job creation
Congressman Bill Huizenga (R-Mich.) talks about DOGE's influence on Congress and Elon Musk's role in President Trump's White House on “Bernie & Co.” Billionaire businessman Elon Musk has taken a swipe at scarcity thinking, suggesting that the potential to create jobs and business is essentially limitless. “The 'pie is fixed' fallacy is at the heart […]
Starbucks workers expand strike, closing nearly 60 stores in several US cities
Starbucks CEO Brian Nicol said the company needs to be more transparent about its app's pricing. Starbucks workers have expanded their strike to more cities and closed 59 stores across the U.S. as of Monday, according to the union representing more than 10,000 baristas. The strike began Friday in Los Angeles, Chicago and Seattle, but […]