Tesla recalls over 694K vehicles software update related to tire pressure
Automotive expert Lauren Fix joins “Kabuto: Coast to Coast” to discuss the impact of President Trump's victory on Tesla's soaring stock price. Tesla has recalled more than 694,000 Model 3, Model Y, and Cybertruck electric vehicles. According to a recall report filed by the electric vehicle manufacturer on Tuesday, the recalled vehicles had a software […]
Blue state outlaws most eggs unless cage-free, before new year
Kudlow panelists Brian Bremberg, John Carney and Charles Gasparino react to the Federal Reserve's 25 basis point interest rate cut. Even as egg prices continue to rise, nearly all eggs sold in Michigan before the new year must come from cage-free birds. Michigan lawmakers amended the Animal Industry Act in 2019 to require shell-less eggs […]
Bah Humbug! Biden’s Christmas Gift To America Is Going To Burn A Hole In Household Budgets
As President Joe Biden prepares to leave office in January, his administration’s legacy of surging inflation has delivered another year of increased Christmas food prices for Americans. Various Christmas meal staples will be costlier this year, according to an end-of-year report from Expana, the world’s largest IOSCO-assured agrifood price reporting agency. Expana’s Main Meal Index, […]
Will a government shutdown impact the stock market? Experts weigh in
Jonathan Honig, hedge fund manager at Capitalist Pig, reacted to the market selloff after the Big Money Show predicted the Fed would cut interest rates less in 2025. house Republican leaders are panicking A deal to avoid a partial government shutdown is expected to be reached by a Friday deadline, but experts say the shutdown […]
Neil Cavuto Leaving Fox News After 28 Years
Longtime Fox News host Neil Cavuto announced Thursday that he is leaving the network after 28 years. Cavuto, one of the original hosts on Fox News, has hosted his program, “Your World,” since the network’s launch in 1996 and also hosts “Cavuto Coast to Coast” on the Fox Business Network and “Cavuto Live” on Saturdays. […]
DOJ sues CVS, alleging it filled unlawful prescriptions
FOX Business' Lauren Simonetti explains more about Varney & Co. The U.S. Department of Justice (DOJ) has filed a civil lawsuit in federal court alleging that CVS Pharmacy filled illegal prescriptions in violation of the Controlled Substances Act (CSA) and the False Claims Act (FCA). The government's complaint targets the country's largest pharmaceutical company, which […]
DOW Plunges 1,100 Points As 10-Day Losing Streak Hits, Longest Downturn Since 1974
The Dow Jones Industrial Average plummeted Wednesday, marking its longest losing streak in nearly half a century as the Federal Reserve issued a lackluster economic forecast. Closing down 1,123 points, or 2.6%, the blue-chip index has now declined for 10 consecutive days, a sequence last witnessed during the presidency of Gerald Ford from Sept. 20 […]
What a Honda-Nissan merger could mean for the auto industry and consumers
Automotive expert Mike Caudill appeared on “The Big Money Show” to give his thoughts on why automakers are slowing production of electric vehicles. Honda and Nissan are reportedly considering a possible merger, and while speculation is rife about what that potential move could mean, experts say rumors of a partnership are not surprising. states. News […]
Federal Reserve Cuts Rates Amid Cooling Job Market, Uptick In Inflation
The Federal Reserve announced Wednesday that it would lower its federal funds rate target range by 25 basis points in an attempt to bolster economic growth. The Fed’s decision to lower rates to a target range of 4.25% to 4.50% comes after the consumer price index (CPI), a measure of the price of everyday goods, […]
Supreme Court Agrees To Hear TikTok’s Challenge To Law That Could Ban Platform
The Supreme Court agreed Wednesday to hear TikTok’s challenge to a law that could ban the platform in the United States. The justices are set to hear oral arguments on January 10, according to the order. The Protecting Americans from Foreign Adversary Controlled Applications Act forces TikTok’s Chinese owner ByteDance to divest from the platform […]