Mortgage rates rise as demand continues to slide
In a wide-ranging interview on Cavuto: Coast to Coast, Corcoran Group founder and Shark Tank star Barbara Corcoran discusses real estate market trends and challenges. Mortgage rates rose slightly this week as demand continues to fall amid the housing price crisis. Freddie Mac’s latest primary mortgage market study, released Thursday, found that the average benchmark […]
California minimum wage shocks fast food workers as restaurant closes: ‘Only the beginning,’ ex-manager warns
Former Foster’s Freeze assistant general manager Monica Navarro spoke on “The Bottom Line” about the sudden closure and other people’s reactions. Another California small business and its employees appear to be suffering from the state’s new $20 minimum wage. “I’m shocked,” Monica Navarro, former assistant general manager at Foster’s Freeze in Lemoore, said Wednesday on […]
Job cuts jump to highest level since January 2023
Lisa Erickson, senior vice president at U.S. Bank Wealth Management, analyzes stock trends, the job market and potential “signs of further deterioration.” of pace of work Layoffs by U.S. employers accelerated again in March, a sign that the labor market is beginning to deteriorate in the face of ongoing inflation and high interest rates. That’s […]
US has a shortage of manufacturing workers and it threatens global competitiveness
Tudor Dixon explains in “The Bottom Line” how President Biden’s manufacturing regulations are increasing the cost of processes. America manufacturing industry Up to half of jobs facing a widening gap over the next decade may remain unfilled as the country seeks to maintain the growth experienced after the coronavirus pandemic, new research has found. Ta. […]
Eclipse tourism expected to bring big bucks to areas in path of totality
Hotel reservations across the country are rapidly increasing in the lead-up to the total solar eclipse. Millions of Americans are planning trips in the coming days to find the best places to see unusual things. solar eclipse A major disaster will occur on April 8, and communities along the way are expected to experience an […]
City of Baltimore to provide $1M in subsidies for workers impacted by bridge collapse
FOX News Chief National Security Correspondent Jennifer Griffin gives an update on cleanup efforts after the Francis Scott Key Bridge collapse on “Claman Countdown.” Baltimore Mayor Brandon Scott announced Wednesday that the city will provide $1 million in funding to subsidize wages for workers affected by the city’s temporary closure. port of baltimore After the […]
Powell says Fed needs more inflation evidence before cutting interest rates
Fed chair gives keynote address at Stanford University forum. federal reserve Chairman Jerome Powell He stressed on Wednesday that policymakers needed more evidence that inflation was calming before moving to cut rates. “When it comes to inflation, it’s too early to tell whether the recent numbers indicate anything more than just an increase,” Powell said […]
Cal-Maine reports bird flu in chickens at Texas plant, forcing temporary closure
Eli Berkowitz, owner of Little Lodi Farms, said egg farmers are concerned that chicken flu is “not going away.” The largest raw egg producer in the United States has temporarily closed one of its facilities in Texas after highly pathogenic avian influenza, also known as H5N1 avian influenza, killed nearly 2 million birds. announced. Calmaine […]
Ex-Chrysler CEO predicts EV startups are ‘just not going to make it’
Former Chrysler and Home Depot CEO Bob Nardelli talks about the collision between consumer expectations, the outcome of the EV market and the state of the U.S. economy. With electric vehicle (EV) makers such as Tesla and Rivian recently announcing financial difficulties, Chrysler’s former CEO and chairman has sounded the alarm about the future of […]
Biden’s tax-hike plan would cost the US economy nearly 800K jobs
Maya McGuineas, chair of the Committee for a Responsible Federal Budget, outlines “three fundamental ways” Biden could reduce the national debt. President Biden has proposed various policies. tax increase Targeting corporations and wealthy Americans, the tax hike could weigh on an already fragile U.S. economy, according to the Tax Foundation. A study by the Tax […]