Trump’s auto tariffs could be boon for rental car companies
Fox Business's Madison Alworth explains how car rental companies have the opportunity to benefit financially from the automotive industry tariffs imposed by the Trump administration. President Donald Trump's recently announced car rates could benefit rental car companies. Hertz jumped over 20% on Thursday with another car rental company Avis posted a double-digit increase on the […]
Airbnb co-founder Joe Gebbia wants to digitize government retirement process: ‘
Elon Musk and his Doge team members discuss their efforts to eliminate waste, fraud and abuse from the government and deal with their critics and more. Airbnb co-founder Joe Gebbia is playing a role in the Elon Musk-led Office of Government Efficiency (DOGE), seeking to digitalize the government's retirement process, calling the current system “fraud […]
Fed’s favored inflation gauge showed prices ticked higher in February
Federal Reserve Chair Jerome Powell explains how policymakers work to determine whether tariffs are already contributing to sustained inflation. The Federal Reserve's priority inflation gauge showed prices rose in February at a pace that continued to surpass central bank target levels amid ongoing efforts to deprive inflation. On Friday, the Commerce Department reported that the […]
Trump’s 25% tariffs will hit these automakers the most
The coalition of Jeff Ferry, the prosperous American chief economist, is debating President Donald Trump's panic over the tariffs of “making money.” President Trump's tariffs on cars and auto parts will hit some automakers more than other automakers, especially among those with a lower proportion of US vehicles sold assembled outside the US. For example, […]
Bank of America CEO said he expects the Fed not to cut rates this year
Bank of America CEO Brian Moynihan unravels the impact of car rates and the future of a moving economy with the “Claman Countdown.” Bank of America CEO Brian Moynihan has stoked the new automobile import taxation and how consumers are responding to banks' expectations of the administration's tariffs and interest rates. The new measures announced […]
Cleveland-Cliffs announces layoffs of 600 Michigan plant workers
Penn Mutual Asset Management CIO Mark Heppenstoll focuses on the latest move by President Donald Trump to impose a 25% tariff on car imports into the US Steelmaker Cleveland-Cliffs announced this week that it would ignite one of its production plants and fire around 600 workers, citing soft demand for steel used in automobile manufacturing. […]
How auto tariffs could affect the car buying process
President Donald Trump said the executive order on automobile fares will lead to “risky growth” at a press conference. Consumers should not compete with dealers to buy cars in hopes of cleaning the president Donald Trump's New tariffs on automobile imports, industry experts say. Brian Moody, executive editor at Autotrader, said it was not wise […]
McCormick dropping food dyes amid pressure from RFK Jr.
Dr. Marc Siegel, medical analyst at Fox News Senor, says the FDA is measuring food dye crackdowns. McCormick is working on reformuling its products, removing certain ingredients such as food dyes scrutinized by the Department of Health and Human Services secretary Robert F. Kennedy Jr. And some US food regulators as part of their efforts […]
Trump threatens even larger tariffs on EU, Canada if they work together to cause ‘economic harm’ to US
Fox Business contributor Katrina Campins joins the Big Money Show to comment on the sentiment surrounding President Donald Trump's looming tariff plans. Earlier on Thursday, President Donald Trump threatened even greater tariffs on the European Union and Canada if both economies cooperate to “prove economic harm to the United States.” Writing on his true social […]
UAW praises Trump’s 25% tariff on auto imports
Fox Business contributor Katrina Campins joins the Big Money Show to comment on the sentiment surrounding President Donald Trump's looming tariff plans. United auto workers on Wednesday praised President Donald Trump's new tariffs on car imports, calling it a “winner for automakers.” In a statement, UAW, one of the largest US labor unions, said Trump's […]