Fed’s Goolsbee says neutral rate is ‘well below’ where it is today
Chicago Fed President Austan Goolsby spoke candidly about the impact of the Federal Reserve's actions on the Craman Countdown. Chicago Fed President Austan Goolsby He said on Monday that the Fed's rate-cutting campaign still has a ways to go before it reaches “neutral” rates, and that the central bank will need to continue cutting rates […]
Which major restaurants will be open on Thanksgiving?
Virtuoso's Vice President of Global Communications Misty Belles breaks down the holiday travel season, trends, destinations, and what's in store for 2025. As family and friends prepare for Thanksgiving on Thursday, some last-minute planners may be considering outsourcing their holiday meals. Some restaurants close all at once during the holidays to give team members time […]
Economy on the upswing, Trump’s tax cuts a big driver
President-elect Donald Trump has nominated Key Square founder Scott Bessent to be Secretary of the Treasury. As President-elect Donald Trump prepares to take back the White House in January, the National Association for Business Economics (NABE) is taking a more optimistic view of the U.S. economic outlook. NABE Chairman Emily Kolinsky Morris, Ford Motor Company's […]
Airport service workers at Charlotte, North Carolina airport on strike Thanksgiving week
Virtuoso's Vice President of Global Communications Misty Belles breaks down the holiday travel season, trends, destinations, and what's in store for 2025. Service workers at Charlotte Douglas International Airport (CLT) in Charlotte, North Carolina, went on strike Monday morning after an overnight yes vote. The Transportation Security Administration says there could be record numbers of […]
Americans hosting Thanksgiving to spend 19% more than last year: report
Stu Leonard Jr., CEO of Stu Leonards, joins Kabuto: Coast to Coast to discuss the retail revenue report and different perspectives for the average consumer. stubbornly high inflation Thanksgiving continues to strain American families' budgets this year, with costs up 19% from a year ago, according to a new report from LendingTree. According to LendingTree […]
US national debt hits a new record: $36 trillion
Rich Dad Company co-founder Robert Kiyosaki talks about his support for Bitcoin and explains his concerns about the bond market on Kabuto: Coast to Coast. US national debt On Friday, debt exceeded $36 trillion for the first time in U.S. history as the federal government continues to accumulate debt at a record pace. According to […]
Mortgage rates after home sales jumped in October
David Bahnsen, Managing Partner of Bahnsen Group, discusses market volatility and analyzes the real estate market on The Big Money Show. Mortgage rates rose nearly 7% this week, and existing home sales rebounded from falling interest rates two months ago. Freddie Mac's latest Primary Mortgage Market Study, released Thursday, found that the average benchmark interest […]
Boeing to lay off 2,200 Washington workers in coming months
Video shows flames spewing from the engine of a Hainan Airlines plane that collided with a bird after departing from Rome, Italy. (Credit: Viral Press) Boeing plans to lay off 2,199 employees in Washington state in the coming months, with some losing their jobs just days before Christmas. The airline reportedly notified Washington state of […]
Boeing to lay off roughly 2,200 Washington workers 5 days before Christmas
Video shows flames spewing from the engine of a Hainan Airlines plane that collided with a bird after departing from Rome, Italy. (Credit: Viral Press) Boeing plans to lay off 2,199 employees in Washington state just days before Christmas, with employees in other states affected as well. The airline reportedly notified Washington State of the […]
Goldman Sachs: Trump tax cuts, deregulation will boost growth; tariffs could be a drag
Consumer Technology Association CEO Gary Shapiro talks about how tariffs will affect laptop prices on The Claman Countdown. goldman sachs Last week, U.S. and global economic forecasts predicting the impact of President-elect Trump's victory on the economy in 2025 showed that tax cuts planned by the incoming administration would boost growth, but more aggressive tariffs […]