Oil could top $100 as Middle East tensions escalate
Rep. Brian Mast (R-Florida) discusses Israel's response to Iran's missile attack on Kabuto: Coast to Coast. crude oil price Prices soared last week as tensions in the Middle East escalate, with the market wary of the possibility of prices rising to $100 per barrel. Prices rose about 9% last week, with crude oil options market […]
Bond investors get a wake-up call
Meb Farber, Founder and Chief Investment Officer of Cambria Investment Management, discusses how investors position their portfolios and provides new tax-aware tips on how to make money. Discuss ETFs. Investors hoping to ride the curve of lower interest rates may be sounding the alarm as the U.S. Federal Reserve embarks on an easing cycle, according […]
Dow, oil rally on Wall Street
Jack Otter and Barron's Roundtable panelists list three things investors should be thinking about next week. -Stock prices rose this week on the back of strong employment data. Oil prices surge due to fighting in the Middle East – Port strike suspended, but final contract details remain unclear -Former President Trump speaks with FOX Business […]
Spirit Airlines shares sink on report of potential bankruptcy filing
Chris Dane, president and managing partner of Hickory Global Partners, joins “Making Money with Charles Payne” to discuss airline stocks as summer travel heats up. Spirit Airlines' stock price fell sharply on Friday after the Wall Street Journal reported that the ultra-low-cost airline was in talks with creditors and creditors about potentially filing for bankruptcy. […]
CNBC Panel Gets Into Near Shouting Match Over Fed’s Reasons For Massively Cutting Rates So Close To Election
The panelists on CNBC’s “Squawk Box” got into a heated debate Friday over the reason the Federal Reserve massively cut interest rates just several weeks ahead of the 2024 election. The Friday jobs report found that 254,000 non-farm payroll jobs were added in the U.S. in September while the unemployment rate dropped to 4.1%, exceeding […]
Texas AG sues TikTok for allegedly sharing personal data of minors
Congressman Andy Barr (R-Ky.) grapples with legislation aimed at combating Chinese aggression, the ongoing TikTok controversy, a looming government shutdown deadline, and Homeland Security Secretary Mayorkas. Discuss the House of Representatives, focusing on its achievements. The Texas attorney general filed a lawsuit this week against social media platform TikTok for allegedly sharing the personal data […]
Bank of America customer accounts showing zero in glitch
Craman Countdown panelists Tony Crescienzi and Gene Goldman discuss responding to economic uncertainty amid conflicting signals for investors. Bank of America suffered an outage Wednesday afternoon that left some customer accounts with zero balances. According to Down Detector, which monitors technical disruptions, the issue began around 12:47 p.m. User X reported that his account balance […]
Pete Buttigieg Goes To Bat For Union That’s Shutting Down America’s Ports Over 77% Pay Raise
Secretary of Transportation Pete Buttigieg defended the International Longshoremen’s Association’s (ILA) pay demands Wednesday as the strike shutting down dozens of ports across the East and Gulf Coasts continues. The ILA started their strike at midnight Tuesday after failing to agree on a new contract with the United States Maritime Alliance (USMX). Buttigieg argued that […]
Wendy’s Celebrating SpongeBob SquarePants’ 25th Anniversary With Special Menu
Wendy’s has gotten their hands on the Krabby Patty secret formula, announcing a special menu Wednesday in honor of the 25th anniversary of “SpongeBob Squarepants.” The specialty items from the “Krabby Patty Kollab” will hit stores nationwide Oct. 8, according to a Wendy’s press release published Wednesday. The menu includes a “Krabby Patty Kollab Burger” […]
Crypto asset manager Bitwise files for first XRP exchange-traded fund
Shah Gilani, chief investment strategist at Money Map Press, spoke before the opening bell about his outlook for the market and why he bought Coinbase at Varney & Company. Crypto asset management company Bitwise has filed an initial registration statement with the Securities and Exchange Commission, indicating its intention to launch an XRP exchange-traded fund, […]