Retail sales rebound moderately in February
“Claman Countdown” panelists Gary Cartbaum and Jeffsika discuss the performance and consumer sentiment of retail stocks. Retail sales in the US rebounded in February, suggesting that the economy continued to grow in the first quarter, but continued to grow at a moderate pace as it focuses on tariffs and sentiment on federal workers' imports and […]
Forever 21’s U.S. operating company filed for bankruptcy on Sunday
A panel containing Jay Woods and Phil Blancato will join Claman Countdown to discuss how investors are responding to hotter inflation data and weaker retail sales than expected. Forever 21 US operating company applied Chapter 11 Bankruptcy On Sunday, I will mark the first time in six years. The F21 OPCO took the move after […]
Distillers, brewers caught in the middle of trade war
The “Big Money Show” panel discusses President Donald Trump's plan to bring manufacturing back to America. The escalating trade war between the United States and its allies has affected US brewers and distilleries. While some distilleries have withdrawn from foreign markets due to uncertainty surrounding tariffs, beer makers face imminent taxes on aluminum. This means […]
Mortgage rates tick higher to 6.65%: Freddie Mac
Redfin CEO Glenn Kelman unleashes the state of the housing market with “Barron's Roundtable.” Mortgage rates remained low this week, the lowest in three months. Mortgage buyer Freddie Mac I said Thursday. Freddie Mac's latest primary mortgage market research, released Thursday, showed that the average rate for benchmark 30-year fixed mortgages was 6.65% from last […]
Trump says US is involved in ‘Stupid Trade,’ not ‘free trade’
US Secretary of Commerce Howard Lutnick breaks down the reasons behind many tariffs, responds to trade criticism, and reveals the ultimate goal of President Donald Trump's negotiation tactics. President Donald Trump says the United States is involved in “silly trade” rather than “free trade.” Trump spoke out about his true social account on Thursday after […]
Time is running out for taxpayers to claim $1B in refunds from 2021
Forbes media chairman Steve Forbes discusses President Donald Trump's meeting with bank executives and the impact on tariff revenue. The Internal Revenue Service (IRS) announced this week that more than 1 million taxpayers have filed their tax returns and are using up time to receive unclaimed tax refunds since 2021. In a release Tuesday, the […]
State Farm exec fired over comments on premium hikes
The former million-dollar listing star and Los Angeles real estate agent Josh Altman will provide updates on wildfire recovery and reconstruction efforts, and a preview of President Donald Trump visiting disaster sites. This week, after an executive at a major insurance state farm was fired, it was recorded in a secret investigation video commenting on […]
Canada announces $21B in new US tariffs as trade war heats up
O'Leary Ventures Chairman Kevin O'Leary analyzes President Donald Trump's tariff fight against Canada in “Varney & Co.” #foxbusiness #varney Canada announced an additional $21 billion tariff on the US on Wednesday after President Donald Trump's new 25% tariffs on steel and aluminum came into effect. Canada is the largest foreign supplier of steel and aluminum […]
Ireland hopes Trump keeps two-way business relationship flowing
Ireland is the sixth largest investor in the United States and wants to strengthen its partnership under the Trump administration. Ireland's Taoiseach, or Micheál Martin, whose prime minister visits the White House on Wednesday, is likely to be debated, but it could benefit businesses in both interstate ways. “It's a relationship that goes both ways,” […]
Inflation slowed slightly to 2.8% in February ahead of Federal Reserve meeting
Wall Street Journal editor Jerry Baker condemned the importance of making tax cuts permanent and former President Biden for inflation during President Donald Trump's speech in Congress. Inflation in February has cooled slightly in the coming week ahead of the central bank policy meeting. On Wednesday, the Labor Bureau said the Consumer Price Index (CPI) […]