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Renters fear they’ll never own a home: Fed Survey

In a wide-ranging interview on Cavuto: Coast to Coast, Corcoran Group founder and Shark Tank star Barbara Corcoran discusses real estate market trends and challenges. The percentage of American renters who say they will someday own a home has plummeted over the past year as the housing affordability crisis continues and the American Dream appears […]

‘Historically low’ confidence in Biden and Fed on economy

People feeling the pain of “Bidenomics” are now putting the hurt on President Joe Biden and his economic team. In its latest economic survey released early Monday, Gallup said confidence in Biden’s “stewardship” of the economy is “historically low.” Confidence in a president running for reelection to fix the economy is the lowest under Biden […]

Stock futures rise to start the week on hope of Fed rate cuts: Live updates – CNBC

8 hours ago Foxconn stock soars about 7% after sales surged about 20% in April Shares of iPhone maker Foxconn soared 6.73% after the company reported a 19.03% year-over-year increase. April income. Foxconn, which trades in Taiwan as Hon Hai Precision Industries, posted sales of NT$510.9 billion ($15.83 billion) in April, compared with sales of […]

Constituents Fed up with Rutherford’s Voting Record

Republican Mara Macy, who is challenging establishment Rep. John Rutherford (R-Florida) in Florida’s conservative 5th Congressional District primary, told SiriusXM. Breitbart News Saturday Her “salesman” opponents consistently vote against what voters want and face a “huge backlash” back home, she said. Macy joined Breitbart News Washington bureau chief Matthew Boyle on his show, where Boyle […]

Apple’s monster buyback, jobs surprise puts Fed on notice and Kentucky Derby fever

Michael Lee, founder of Michael Lee Strategy, discusses the April jobs report, Apple stock performance, and how his stock picks are impacting the market. -Employment statistics were unexpectedly weak Fed Chairman Jerome Powell may take a break -Apple announces record share buyback, criticizes opponents -Anti-Israel protests continue for another week on campuses across the US […]

The Fed Finally Realized Progress on Inflation Has Stalled

Inflation is also rising: The Fed story The Fed admitted yesterday that Inflation progress is stagnant He also said it would take more time for the Fed to gain the confidence it needs to cut rates. The Fed’s official statement has expanded to include the statement that “there has been no further progress toward the […]

Fed holds interest rates higher for even longer as inflation remains high

The Fed will not lower interest rates until a certain level of inflation reaches its target rate of 2%. (iStock) The Federal Reserve Board stated: Lack of inflationary developments Interest rates have fallen over the past few months, which is why they’re holding their own at this point. The central bank announced Wednesday that it […]