Two historic London food markets to shutter
See what's being clicked on FoxBusiness.com. Two historic wholesale meat and fish markets in London are set to close permanently over the next few years. Smithfield Market and Billingsgate Market will each continue to sell meat and fish until “at least 2028”, but will eventually close, the City of London Corporation said. The closure of […]
Fed’s favored inflation gauge showed price growth picked up in October
Chicago Fed President Austan Goolsby spoke candidly about the impact of the Federal Reserve's actions on the “Craman Countdown.'' Inflation measures closely monitored by Fed policymakers rose in October but remain close to the Fed's inflation target. The Commerce Department said Wednesday that the personal consumption expenditure (PCE) index rose 0.2% in October, up 2.3% […]
Trump’s proposed tariffs on Mexico, Canada, China will increase inflation, Goldman Sachs warns
Barron's market reporter Jacob Sonnenschein discusses the impact of President-elect Trump's tariffs on the U.S. economy for Barney & Company. Goldman Sachs announced this week that it will impose a 25% tariff on all goods from Mexico and Canada, while President-elect Donald Trump's plan to increase tariffs on products from China will drive up costs […]
Mortgage demand jumps as rates fall
Making Money Charles Payne talks about the resurgence of animal spirits after Trump wins the election. Long-term mortgage rates have fallen over the past week, reigniting demand for home purchases and breathing new life into a stagnant housing market. Overall, the number of mortgage applications rose 6.3% from a week ago, driven by an increase […]
FAA using military airspace to ensure smooth Thanksgiving travel for civilians
Virtuoso's Vice President of Global Communications Misty Belles breaks down the holiday travel season, trends, destinations, and what's in store for 2025. Millions of Americans are expected to travel for Thanksgiving, and the Federal Aviation Administration (FAA) has opened military airspace specifically for civilian use to ensure smooth travel during the busy holiday. officials said. […]
When do major retailers open on Black Friday?
National Tree Company CEO Chris Butler joins Cavuto: Coast to Coast to discuss holiday sales forecasts and artificial Christmas trees. The busiest shopping day of the year in the United States is approaching, with retailers and shoppers gearing up for Black Friday sales. Major retailers will kick off the holiday shopping season Friday with deep […]
Majority of Americans lack economic security, study finds
Mark Newton, Managing Director at Fundstrat Global Advisors, shares his market outlook on Mornings with Maria. More than half of U.S. households can't afford to pay their monthly bills and don't have enough money left over for savings, according to a new measure of the U.S. cost of living. A recent report from the Urban […]
Freddie Mac, Fannie Mae backing bigger home loans in 2025
Corcoran Group founder Barbara Corcoran argued during an appearance on “Kabuto: Coast to Coast” that a significant drop in mortgage rates would be “tremendous” for the market. As home prices continue to soar in the U.S., the Federal Housing Finance Agency (FHFA) announced Tuesday that it will increase the loan limits for mortgages purchased by […]
California Gov. Newsom’s proposed EV rebates may exclude Musk’s Tesla
Spear Invest Founder and Chief Investment Officer Ivana Delevska talks about the value of AI data centers and the future of self-driving cars on “Making Money.” California Governor Gavin Newsom could exclude Tesla and other automakers from an electric vehicle (EV) rebate program if the incoming Trump administration eliminates federal tax credits for electric vehicle […]
Mexico may retaliate with its own tariffs after Trump threat, new president says
Congressman Eric Burleson (R-Missouri) talks about President-elect Trump's tariff plans, the Justice Department's withdrawal of Trump's federal election lawsuit, and the bill to repeal the American Bureau of Alcohol, Tobacco, Firearms and Explosives. Mexican President Claudia Sheinbaum has objected to President-elect Trump's proposed 25% tariff on Mexican imports and said she would impose her own […]