Former Home Depot CEO sounds alarm on ‘tremendous shift’ in labor market
Former Home Depot CEO Bob Nardelli talks about shrinking as Americans continue to feel the effects of economic pressures, Biden’s response to the US economy and the rising national debt. He talked about rations. A former top American corporate executive warns that the U.S. economy is not on a rapid recovery path, with rising inflation […]
Uber, Lyft, DoorDash drivers to strike on Valentine’s Day seeking fair pay
Evercore ISI Senior Managing Director Mark Mahaney insisted on raising Uber’s price target and explained his reasons for distancing himself from Snap on “Barney & Company.” Thousands of Uber, Lyft, and DoorDash drivers are expected to strike across the United States on Valentine’s Day to demand fair wages. Justice for App Workers, a coalition representing […]
Super Bowl ‘foot washing’ Christianity ad faces attacks from the left slamming Hobby Lobby link
FanDuel CEO Amy Howe reveals what’s behind the record Super Bowl bet on “Maria Bartiromo’s Wall Street.” Super Bowl Christianity ad shows people washing other people’s feet, as Jesus did in the Bible, and leftists over campaign ties to billionaire family that owns Hobby Lobby facing attacks from of “He Gets Us” campaign, The organization […]
Texas Molson Coors brewery workers prepare to strike, potentially impacting several major beverage brands
Check out what’s being clicked on FoxBusiness.com The union at Molson Coors Brewery in Fort Worth authorized a strike on Sunday, according to local reports. If approved by Teamsters Local 997 national leaders, 420 workers would be off the job, WFAA reported. “We are working to restore respect in the workplace,” chapter treasurer Rick Miedema […]
Monetary, fiscal policy divide pose risks: NABE
Former CKE Restaurant CEO Andy Puzder explains the importance of addressing the impact of wages on U.S. debt and restaurant affordability. As inflation eases and more economists bet on a soft landing for the U.S. economy, new risks of policy push and pull are emerging. The gulf between fiscal and monetary policy is a growing […]
Regional bank hit with third credit downgrade as crisis concerns linger
Julia Coronado, founder and president of MacroPolicy Perspectives, talks on Making Money about whether a new local banking crisis is on the horizon. new york community bank Nearly a year after the local banking sector was hit by a crisis that triggered the largest bank failure in U.S. history, (NYCB) is closing for the third […]
Student loan payments may be to blame for a spike in credit card delinquencies
Lee Munson, president and chief information officer (CIO) of Portfolio Wealth Advisors, talked about the expected earnings releases of major banks, the Federal Reserve’s interest rate cuts, and gave his outlook for the market this year. More Americans are falling behind on their monthly appointments. Payment by credit cardand according to new data released by […]
Mortgage rates rise slightly as homebuyer sentiment tanks
Conference Board Chief Economist Dana Peterson says in Making Money that the LEI is great for the commodity economy. Mortgage rates rose slightly this week, with 30-year fixed-rate bonds continuing to hover in the mid-6% range. The sluggish housing market suggests consumers are still looking to hold off on moving until interest rates come down, […]
Janet Yellen warns high prices could be here to stay
Matt Orton, chief market strategist at Raymond James Investment Management, looks ahead to the earnings report, the future of the AI sector, and the Fed’s interest rate trends. Inflation is falling faster than most economists expected, according to the Treasury secretary, but Americans who were expecting a broad decline in prices may be disappointed. Janet […]
Masked California thief caught on video brazenly taking dozens of iPhones from Apple Store
A thief was filmed stuffing dozens of iPhones into pockets inside an Apple Store in Emeryville, California. (@bustdowncorn/Local NewsX/TMX) Video shows a California thief committing a brazen robbery at an Apple Store in broad daylight, then driving past a police car and getting into a getaway car. In the video, a masked man wearing all […]