Fed’s Kashkari warns mass deportations could disrupt labor at some businesses
Former Acting ICE Director Tom Homan and Key Square Capital Management CEO Scott Bessent spoke about President-elect Trump's plans to tackle immigration and the economy. mass deportation Minneapolis Fed President Neel Kashkari said Sunday that an increase in the number of illegal immigrants working in the U.S. could disrupt the labor supply for some companies, […]
Help honor a veteran by hiring one
USAA CEO Wayne Peacock talks about the transition from military to civilian life and the skills veterans bring to the workforce. This Veterans Day comes as the country prepares for change in January for the inauguration of President-elect Donald Trump, but the message to those who have served our country remains the same. “At 11 […]
California braces for possible gas price hike after tighter climate rules
Williams Companies CEO Alan Armstrong talks about what Trump's presidency means for oil and gas on “The Craman Countdown.” California drivers could soon see higher gas prices after state regulators approved stricter standards to curb climate-induced emissions. The California Air Resources Board (CARB), made up of board members appointed by Governor Gavin Newsom and the […]
Why was the economy the top issue in the election?
Claman Countdown panelists Kenny Porcari and Andy Brenner react to the Federal Reserve's press conference. American voters keep the economy in mind when voting. president-elect trump He returned to the White House after defeating Vice President Kamala Harris. economic problems are often important concerns for voters, and the 2024 election was no exception. The Fox […]
Fed cuts interest rates by quarter-point
Jerome Powell speaks after Fed's interest rate decision announcement The Federal Reserve on Thursday announced its second straight interest rate cut, cutting its benchmark interest rate by 25 basis points, following economic data showing signs of cooling inflation and the labor market. The 25 basis point rate cut will keep the benchmark federal funds rate […]
Mortgage rates climb again, hurting demand further
Grant Cardone, CEO of Cardone Capital and real estate investor, explains how the economy is on the minds of voters and why Trump will boost the U.S. market. mortgage interest rate Home prices rose for the sixth straight week as purchase demand continued to decline in the stagnant housing market. Freddie Mac's latest Primary Mortgage […]
Fed set to announce latest interest rate move in wake of Trump’s election win
FOX Business host Larry Kudlow spoke on the Democracy 2024 Committee about the Federal Reserve's failures in the economy, especially for middle-income workers. of federal reserve system On Thursday, it is expected to announce its next policy direction on interest rates, following the election and a flood of economic data. Federal Open Market Committee (FOMC) […]
Trump’s tariffs would drive up consumer prices: National Retail Federation
FOX Business correspondent Jerry Willis analyzes retail sales on “The Big Money Show.” Matthew Shea, CEO of the National Retail Federation (NRF), said shoppers would expect to see higher prices on a variety of products if President-elect Donald Trump's proposed U.S. import tariffs go into effect. warned that they may face “Imposing flat tariffs on […]
Nissan to cut 9k jobs, reduce CEO’s monthly pay by 50% as company struggles
Nissan Motor Co. Senior Vice President Jeremy Papin talks about Nissan's growth efforts on “The Big Money Show,” highlighting “breakthrough advances” in consumer EVs. Nissan Motor Co., Ltd. announced that it will “take emergency measures'' to rebuild its business model after its consolidated net revenue and global sales volume declined and its operating profit margin […]
Massachusetts voters pass measure letting Uber, Lyft drivers unionize
Pennsylvania steelworkers Brian Pavlak and Josh Rockwell react to President-elect Trump's victory in the Keystone State on “The Bottom Line.” Massachusetts voters approved a ballot measure Tuesday that would give rideshare drivers at app-based companies like Uber and Lyft the green light to unionize. The Massachusetts bill, known as Question 3, would allow rideshare drivers, […]