Business
White House National Economic Council Director Kevin Hassett joins ‘Varney & Co.’ to discuss the November CPI report, tax refunds, an anticipated White House announcement on housing reform and more. White House National Economic Council Director Kevin Hassett praised Thursday’s consumer price index (CPI) report, which showed inflation rose less than expected. “It was just…
GDP is still the best overall measure of our economy. It stands for gross domestic product. It covers consumption, investment, government, and trade. For the past 25 years, it’s been stuck around 2%, on average. For the prior 100 years, GDP growth averaged 3.5%. That was real prosperity for all Americans. Top, middle, lower incomes….
Jack Otter leads a ‘Barron’s Roundtable’ panel discussion on Fed cuts, grocery prices, AI, Oracle’s price spike and how Trump’s immigration crackdown is affecting the markets. Grocery delivery giant Instacart will pay $60 million in consumer refunds under a settlement with the Federal Trade Commission (FTC) after the agency accused the company of misleading shoppers…
Check out what’s clicking on FoxBusiness.com. Former NASCAR driver Greg Biffle, 55, was among seven people killed in a plane crash in North Carolina on Thursday. Biffle, his wife and two children, and three others were aboard a Cessna C550 owned by Biffle when it crashed at Statesville Regional Airport. According to Spotrac, Biffle made…
Federal Reserve Bank of Chicago president Austan Goolsbee says there is a lot to like in November’s CPI report but he would like to see more ‘sustained’ progress before voting on a rate cut on ‘The Claman Countdown.’ The door to more rate cuts could open further soon, according to a Federal Reserve Bank president,…
FOX Business correspondent Madison Alworth discusses allegations against Meta accusing them of burying evidence that their social media platforms cause harm and ignoring opportunities to implement safeguards on the ‘The Evening Edit.’ This story discusses suicide. If you or someone you know is having thoughts of suicide, please contact the Suicide & Crisis Lifeline at…
Check out what’s clicking on FoxBusiness.com. Blue Origin will make history by carrying a person who uses a wheelchair on its next space launch. Michaela “Michi” Benthaus, who was injured in a mountain biking accident in 2018, is expected to become the first wheelchair user to enter suborbital space on the upcoming New Shepard Mission…
HP CEO Enrique Lores discusses the use of AI in company technology on ‘The Claman Countdown.’ DoorDash, Inc. announced Wednesday it is launching a new grocery shopping app inside OpenAI’s ChatGPT platform, just one week after rival Instacart unveiled a similar feature. The food delivery company said the integration will connect ChatGPT’s suggestions with DoorDash’s…
Labor Secretary Lori Chavez-DeRemer joins ‘Mornings with Maria’ to break down the latest jobs data, rising unemployment concerns, A.I.’s impact on the workforce and new federal efforts to combat escalating unemployment fraud. Labor Secretary Lori Chavez-DeRemer insisted the job market is strengthening despite new signs of economic softness, even as unemployment rose to its highest…
FOX Business’ Kelly Saberi joins ‘The Claman Countdown’ with an inside look at Walmart’s sweeping effort to eliminate synthetic dyes and artificial ingredients from its foods without raising costs for shoppers. Walmart, the world’s largest retailer, says it’s keeping its vow to keep costs low while removing synthetic dyes and 30 other ingredients from its…
