Battleground state Pennsylvania continues to have inflation over national average
Rep. Dan Meuser (R-Pennsylvania) discusses whether Kamala Harris has a problem connecting with Pennsylvania voters on “Bernie & Co.” Battleground state of Pennsylvania Consumers in the Keystone State continue to face higher-than-national-average inflation as Vice President Kamala Harris and former President Donald Trump campaign in the state on the eve of the election. Ministry of […]
Mortgage rates rise for fourth straight week
David Bernsen, Managing Partner of Bernsen Group, discusses market volatility and analyzes the real estate market on “The Big Money Show.” Mortgage rates continued their upward trajectory this week, rising for the first month in a row, further weighing down demand in the stagnant housing market. Freddie Mac's latest Primary Mortgage Market Study, released Thursday, […]
Existing home sales fall hit 14-year low
David Bahnsen, Managing Partner of Bahnsen Group, discusses market volatility and analyzes the real estate market on The Big Money Show. Existing home sales unexpectedly fell last month, slowing to their slowest pace since 2010, when the U.S. was still recovering from the recession. housing market crash. The National Association of Realtors (NAR) reported Wednesday […]
IRS sets new tax brackets, raises standard deduction for 2025
Making Money host Charles Payne reveals how much tax the top 1% actually pay. of Internal Revenue Service (IRS) On Tuesday, it announced inflation adjustments to tax brackets and deductions for the 2025 tax year, potentially giving Americans a chance to increase their take-home pay next year. Each year, the IRS updates federal income tax […]
Boeing strike costliest in economic damage of 2024 so far
Peter McNally, Head of Global Analyst at Third Bridge, talks about how the Boeing factory workers' strike is impacting business on The Big Money Show. The ongoing strike by Boeing machinists could end this week, but estimates suggest it could cause more economic damage than any other work stoppage in the U.S. so far this […]
Election day is closing in and investors are betting on the U.S. dollar
Brenda O'Connor Juanas, senior vice president at UBS Wealth Management, and Mark Tepper at Strategic Wealth Partners are looking ahead to the election's impact on the market and the notable results to be released this week. demand for USD Interest rates have soared this month as Election Day approaches, investors brace for the potential outcome, […]
BuyBuy Baby closing all stores amid ‘strategic reset’
Bed Bath & Beyond CEO Jonathan Johnson explains why Overstock.com was rebranded as an iconic retailer and how it plans to navigate the current economic climate. Buybuy Baby is closing all of its stores about a year after new owners tried to revive the brand. The company announced on its website that it recognized the […]
Why mortgage rates are going up despite the Fed’s rate cut
Claman Countdown panelists Jeff Sica and Dutch Masters predict Fed Chairman Jerome Powell's next move. Americans watched mortgage rates soar during the Federal Reserve's aggressive anti-inflation policies, after the central bank finally cut the federal funds rate for the first time in four years last month. , many people have come to expect interest rate […]
Disney names next chairman, new CEO to be announced in ‘early 2026’
See what's being clicked on FoxBusiness.com. The Walt Disney Company has appointed Morgan Stanley veteran James P. Gorman as chairman of its board of directors, effective January 2, 2025, and the company is already “working to identify and prepare its next chief executive officer.” ” announced in an announcement that he is part of the […]
CVS workers strike at 7 California locations seeking better pay, health care
See what's being clicked on FoxBusiness.com. Workers at seven CVS pharmacies in Southern California are currently on strike to demand better wages and health care and accuse the company of bad faith contract negotiations. The strike began Friday and continued through the weekend, affecting four stores in Los Angeles and three others in Orange County. […]