Fed’s Beige Book: Tariff-induced price hikes, trade worries spotlighted
Federal Reserve Chairman Jerome Powell said President Donald Trump’s tariffs were higher than expected, raising the risk of further inflation. A new Federal Reserve report shows that US companies are reporting increased costs due to tariffs. On Wednesday, the Federal Reserve issued the latest version of the Beige Book, which is published eight times a […]
Bessent: There’s an opportunity for a ‘big deal’ with China
EJ Antoni, senior fellow at Unleash Prosperity, will discuss trade negotiations with China at Varney & Co. Treasury Secretary Scott Bescent on Wednesday said “big things” with China could potentially lower tariffs if Beijing is willing to take steps to restore the economy. Bessent gave a keynote speech at the International Institute for Finance (IIF) […]
Think venture capital is just a Silicon Valley game? Think again
Venture capital is increasingly a domestic industry, with investments driving innovation and job creation in all 50 states. From coast to coast, VC-backed businesses are restructuring how we live, work, connect and connect – think about it SpaceX innovative space travel, Airbnb’s hospitality transformation, Waymo’s advances in self-driving cars, Cava’s rethinking of fast casual dining, […]
The decline in film and TV production in Los Angeles continues
Los Angeles, California loses film and television production to Georgia, New York and Canada. More Max Gorden from Fox Business. Los Angeles has seen a decline in local film and television production, and some people are worried about the city. It could face the same fate that Detroit did in the automotive industry decades ago. […]
Americans lowering wage expectations for new jobs: NY Fed
Fox News contributor Gerry Baker discusses whether President Donald Trump’s tariffs will hinder Varney & Co’s tax reform. American workers have lowered expectations for wage rates that they want to take on new jobs, according to a survey by the Federal Reserve Bank of New York. A New York Fed survey on consumer expectations found […]
Bessent believes China impasse over tariffs will be de-escalated
The Big Money Show panel examines the impact of tariffs on China amid trade uncertainty. Treasury Secretary Scott Bessent said at Investor Summit on Tuesday that Fox Business has learned that the US and China are expected to rule out a deadlock on tariffs as it is unsustainable for both countries. Bessent said negotiations have […]
IMF cuts US economic growth outlook over tariffs, policy uncertainty
Art Raffer, a former Reagan economist, tells Kudrow why investors are worried about President Donald Trump’s trade war. The International Monetary Fund (IMF) cut it on Tuesday US growth forecast Other countries due to uncertainty about trade policies and lower demand. The IMF report cut the US’s 2025 economic growth forecast to 1.8%, reducing it […]
Walmart, Target discuss ‘path forward’ with Trump amid tariffs
CIO Kevin Mahn, president of Hennion & Walsh Asset Management, has put a strong emphasis on the market’s response to tariffs and trade negotiations, which is what Jerome Powell, the Federal Reserve Chair at the Chicago Economic Club, gives a revenue outlook. Walmart and Target CEOs met with President Donald Trump on Monday to discuss […]
What foreign governments own the most US Treasuries?
Bob Diamond, founding partner and CEO of Atlas Merchant Capital, asks what the US is doing to double the debt of “Claman Countdown.” The US Treasury market plays a key role in how the federal government funds spending through debt and retains the world’s largest title. The sector has also recently focused in market volatility […]
A number of companies have promised investments in US manufacturing
Rep. Tom Emmer, R-Min, and Jay Timmons, president and CEO of the National Manufacturers Association, discuss tax cuts, investment in the US and the Senate budget bill in extensive interviews with “Morning with Maria.” Many companies have announced investments in US manufacturing in recent weeks. Announcements from sectors such as Tech, Pharmaceuticals and Automobiles come […]