Trump builds team, DOGE starts hiring, bitcoin blasts higher

Rick Rieder, BlackRock Global Fixed Income CIO, evaluates President-elect Trump's economic strategy and shares his market outlook on Barron's Roundtable. This special edition of the FOX Business Rundown newsletter covers the week's biggest stories coming out of the election. – President-elect Trump builds team – Energy, DOGE and Health are selected – Treasurer in limbo […]
Post-Election Democrats Freak Out Over Inflation, Expect Higher Interest Rates

A poll by YouGov found that Democrats are suddenly more concerned about inflation, with many expecting interest rates to rise over the next six months. economist. The poll, conducted Nov. 9-12, found that a majority of Democrats think inflation will be higher six months from now, with 23% expecting it to be at the same […]
Dow Jones Today: Stocks Inch Higher Following Benign CPI Inflation Reading; Bitcoin Jumps Above $92K – Investopedia

Rivian skyrockets as Volkswagen joint venture grows larger 32 minutes ago Rivian Automotive (RIVN) shares rose Wednesday as the electric car maker expands its partnership with Volkswagen, with the aim of helping both companies find ways to capture more of the EV market. It skyrocketed. The automakers announced a new joint venture in which Volkswagen […]
US inflation rose 2.6% in October — higher than a month earlier

U.S. inflation accelerated in October from the pace set a month earlier, raising questions about whether the Federal Reserve will continue to cut interest rates by the end of the year. The consumer price index rose 2.6% last month from a year earlier, higher than September's 2.4% rise but in line with expectations, the Labor […]
Excessive drinking inches higher after pandemic increase: Research

Binge drinking continued to rise in 2022 after increasing during the worst of the coronavirus pandemic, according to new research published Tuesday. the study, published The Annual Report of Internal Medicine found that heavy alcohol consumption increased by 20 percent from 2018 to 2020, followed by an additional 4 percent increase from 2020 to 2022. […]
Blue state drivers brace for higher prices at the pump over tighter climate standards

California drivers could soon see higher gas prices after state regulators approved stricter standards to curb climate-induced emissions. The California Air Resources Board (CARB) is made up of commissioners appointed by Governor Gavin Newsom and the Democratic-controlled Legislature. Voted to update on Friday Golden State Low Carbon Fuel Standard (LCFS). The update aims to increase […]
Trump clinched a higher percentage of Muslim voters compared to Jewish voters in recent election

Despite rhetoric and a track record that suggests a strong preference for Israel over the Palestinian cause, President-elect Donald Trump has lost more Jewish votes than he has lost Muslim votes. According to Fox News Voter Analysis, there was a 34-point lead between Trump and Vice President Kamala Harris among Jewish voters. Harris received support […]
Japanese Yen edges higher against USD amid intervention fears, lacks bullish conviction – FXStreet

The Japanese yen is supported due to concerns about the possibility of government intervention. The uncertainty of the Bank of Japan's rate hike and the risk-on environment should limit the value of the safe-haven yen. A rise in US bond yields could provide a tailwind for the USD/JPY ahead of the Fed's decision. The Japanese […]
Mortgage rates march higher | Fox Business

David Bahnsen, Managing Partner of Bahnsen Group, discusses market volatility and analyzes the real estate market on The Big Money Show. Mortgage rates continued to rise this week as demand in the stagnant housing market remained largely flat. Freddie Mac's latest Primary Mortgage Market Study, released Thursday, found that the average benchmark interest rate 30 […]
Low Propensity Voter Turnout Higher Than Usual

The Republican National Committee (RNC) is focusing on “low-propensity voters,” and turnout is already “dramatically higher” than in the past, RNC Chairman Michael Whatley said on the show. stated inside. Breitbart News Daily. “We're focused on low-propensity voters. It's really, really a push. And we're combining door knocking and phone calls, direct mail and digital […]