Fed’s Bowman sees no interest rate cuts this year
“The Craman Countdown” panelists Kate Moore and Joseph LaVorgna predict the Federal Reserve’s interest rate movements and yield curve normalization. Federal Reserve Governor Michelle Bowman said Tuesday that the central bank does not plan to cut interest rates before the end of the year and is prepared to raise rates again if inflation progress stalls. […]
US housing prices hit a fresh record in April as affordability crisis worsens
ResiClub co-founder and editor-in-chief Lance Lambert talks about the US housing affordability crisis on “Making Money.” Home prices hit a new record in April. Housing shortageThis is despite rising mortgage rates putting home buying out of reach for more Americans. The S&P CoreLogic Case-Shiller index showed Tuesday that national inflation rose 6.3% year-over-year in April, […]
America’s top restaurants for customer satisfaction in 2024
Celebrity chef Andrew Gruelle speaks out about the rising costs of doing business in California as his beloved fast-food chain is forced to close 48 locations across the state. Inflation has made dining out more of a luxury these days, but despite rising prices, Americans’ satisfaction with their restaurant experiences has actually increased slightly over […]
Women’s retirement savings lag men’s, raising prospect of retirement crisis: report
Ramsey Solutions personality Jade Warshaw breaks down how to make the most of your Social Security benefits and more on The Bottom Line. A potential retirement crisis is brewing among female retirees, with women saving roughly one-third as much as men, according to a survey released Monday by Prudential Financial. A survey of 905 American […]
How the US national debt is keeping mortgage rates elevated
Economist Peter Morici breaks down what the national debt is, why it has ballooned to more than $34 trillion, and what it means for Americans. Home buyers in the United States Federal Reserve They are eagerly awaiting interest rate cuts that could bring relief from painfully high borrowing costs. But there’s another factor that could […]
Olive Garden parent CEO says fast food inflation driving customers to sit-down franchises
CABIA President Tom Manzo appeared on “Fox & Friends” to discuss how the minimum wage increase is affecting the fast-food industry at a time when thousands of people are out of work. Darden Restaurants CEO Rick Cardenas said fast-food chains’ sit-down restaurant prices are driving some customers to avoid drive-thrus in favor of a true […]
Olive Garden raising menu prices again
Celebrity chef Andrew Gruelle speaks out about the rising costs of doing business in California as his beloved fast-food chain is forced to close 48 locations across the state. The popular Italian restaurant chain Olive Garden has kept price increases well below the rate of inflation in recent years, but parent company Darden Restaurants said […]
Millions of Americans are fleeing to red states for lower house prices
See what’s clicking on FoxBusiness.com More and more Americans are leaving Democrat-run cities for Republican-run suburbs, Lower taxes Real estate prices will also be more affordable. The study found that counties won by Republicans in the 2020 presidential election had about 3.7 million more people moving in than moving out over the past four years. […]
Southwest flight heading for Oklahoma City dives to 500 feet above neighborhood
Jack Otter and panelists join “Barron’s Roundtable” to discuss Southwest Airlines’ decline in popularity and how to turn it around. According to reports, the Federal Aviation Administration (FAA) is investigating a Southwest Airlines plane that fell approximately 500 feet off the ground during a go-around while landing at Oklahoma City’s Will Rogers World Airport earlier […]
US home prices far outpace Americans’ paychecks. See how bad the problem is where you live
“Mansion Global” host Katrina Campins talks about the state of the housing market on “Making Money.” Rising mortgage rates and home prices have put homeownership out of reach for millions of Americans, and the home affordability crisis continues to deepen. Since the beginning of 2020, home prices have A surge of over 47% This is […]