NYC Times Square billboard warns American public about rising US debt
The Committee to Unleash Prosperity has launched a new campaign warning Americans about “reckless” government spending. A nonprofit organization has launched a new billboard campaign in New York City’s Times Square warning Americans about the “time bomb of $34 trillion in government debt.” The Committee to Unleash Prosperity (CTUP) announces an advertising campaign with 50-foot-tall […]
Powell says Fed won’t rush to cut interest rates until inflation is conquered
Crossmark CEO and CIO Bob Dall shares his thoughts on consumer behavior, the threat from China, and expectations for Jay Powell’s upcoming message to Congress. federal reserve Chairman Jerome Powell He said Wednesday that policymakers expect to cut rates in 2024, but are not prepared to do so until they are confident inflation is under […]
Restaurant owner unmasks new battlefront to ‘overcome’ as the price of food skyrockets
Johnny Roger’s owner Barrett Dabbs details how his Concord, North Carolina, barbecue and burger joint, Varney & Co., is being hurt by inflation. As restaurants and small businesses struggle under the weight of inflation, the co-owner of a barbecue and burger joint expressed concern about the shift from in-person dining to takeout. Johnny Roger’s owner, […]
Wall Street is growing more worried about 1970s-style stagflation risks
“Making Money” panelists Chris Roe and Stephen Blitz explain the Federal Reserve’s moves to rein in inflation. Some Wall Street strategists us economy Amid recent signs that inflation is stalling, we could be heading towards a 1970s-like stagflation scenario. Consumer price indexes released in December and January were higher than expected, raising concerns that overcoming […]
Economic woes dominate Americans’ worries on Super Tuesday
John Wronsky, founder and president of the Wronsky Group, joins “Wall Street with Maria Bartillom” to discuss warnings of an inflation rebound from BlackRock’s chief investment strategist. Voters head to the largest polling stations primary election day Heading into the 2024 cycle, they have one issue in particular in mind. us economy. According to a […]
Americans are struggling to get a loan since the Fed started raising rates
Ramsey Solutions personality Jade Warshaw talks about “buy now, pay later” risk and how to best diversify your stock allocation for young people living with their parents. Americans are having trouble getting approved for loans and other financial products. federal reserve began to aggressively raise interest rates, a new research A study published by Bankrate […]
Mega Millions jackpot rises to $650M after nobody draws winning numbers
Check out what’s being clicked on FoxBusiness.com The Mega Millions jackpot has grown to an estimated $650 million after no one hit the winning ticket in Friday night’s drawing. The winning numbers drawn in Friday night’s $607 million drawing were 61, 33, 15, 37, and 55, with the Mega Ball being 24. Megaplier was 4x. […]
Army employee Janet Mello pleads guilty to stealing $100M from Army to purchase luxury items
Check out what’s being clicked on FoxBusiness.com A U.S. Army employee has pleaded guilty to defrauding the government after he was accused of stealing $108 million in Army funds to pay for personal items such as jewelry, clothing, cars and homes. Janet Yamanaka Mello, 57, is accused of defrauding the government of $108 million while […]
Why are groceries still so expensive?
FOX Business’ Kelly O’Grady provides analysis of U.S. inflation data as the Federal Reserve continues to work towards an economic recovery on track. Inflation is falling faster than most economists expected, but soaring food prices They are still eating up the American people’s budget. Food prices have risen more than 21% since the start of […]
Mortgage rates are rising again. See how much money they’re costing you
Real estate agent Mauricio Umansky told “The Claman Countdown” that high mortgage rates, high prices and a lack of supply are creating difficulties for homebuyers. Mortgage rates rose to their highest level in two months ahead of the crucial spring home buying season, dampening demand from prospective buyers. Mortgage buyer Freddie Mac announced Thursday that […]