Fed cuts interest rates for third straight time amid uncertainty over labor market, inflation

Fed cuts interest rates for third straight time amid uncertainty over labor market, inflation

Federal Reserve Board Chairman Jerome Powell announces interest rate decision after December FOMC meeting. The Federal Reserve on Wednesday announced its third interest rate cut of the year as policymakers moved forward with the cut to support the labor market despite elevated inflation. Fed policymakers voted to lower the benchmark federal funds rate by 25 basis…

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Trump says he will 'think about' eliminating tax on gambling winnings

Trump says he will ‘think about’ eliminating tax on gambling winnings

President Donald Trump didn’t rule out the possibility of eliminating taxes on gambling winnings, telling reporters on Tuesday that he will “think about” the idea. (Credit: Pool) President Donald Trump said Tuesday he would consider eliminating federal taxes on gambling winnings, a move that would expand his administration’s push to reduce taxes on everyday income,…

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LARRY KUDLOW: Stop socialism in its tracks

LARRY KUDLOW: Stop socialism in its tracks

If presidents have the right to hire, that should give them a symmetrical equal right to fire, without going through a hullabaloo entanglement of deep state bureaucracies and left-wing judges. Just because the Supreme Court made a huge mistake almost 100 years ago during FDR’s new deal that gave authority to all his commissions and…

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Small business optimism rises, but owners say qualified workers are still hard to find

Small business optimism rises, but owners say qualified workers are still hard to find

Bank of America business banking President and Co-head Sharon Miller discusses small and mid-sized business costs and the optimism these companies have going into 2026 on ‘The Claman Countdown’. Small business optimism ticked higher in November despite economic uncertainty and challenges finding suitable workers in the labor market, according to a new report by the…

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FDA recalls blood pressure medication over cholesterol drug contamination

FDA recalls blood pressure medication over cholesterol drug contamination

Check out what’s clicking on FoxBusiness.com. The U.S. Food and Drug Administration (FDA) issued a nationwide recall of thousands of bottles of blood-pressure medication last week after discovering cross-contamination with another drug. Federal regulators issued the warning on Dec. 1 for roughly 11,100 bottles of the combination medication bisoprolol fumarate and hydrochlorothiazide, sold under the brand name Ziac….

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These major metro areas are seeing the most moves

These major metro areas are seeing the most moves

Serhant. founder & CEO Ryan Serhant shares his perspective on the housing market on ‘The Claman Countdown.’ Metros in Missouri, Texas, Indiana and Nevada have the highest homeowner turnover rate, according to industry economists.  Realtor.com evaluated the 50 largest metros to determine which areas had the highest turnover rates of homeowners between September 2024 and…

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Paramount launches hostile takeover bid of Warner Bros Discovery, says offer is ‘superior’ to Netflix deal

Paramount launches hostile takeover bid of Warner Bros Discovery, says offer is ‘superior’ to Netflix deal

Sanctuary Wealth chief investment strategist Mary Ann Bartels and Michael Lee Strategy founder Michael Lee join Mornings with Maria to address antitrust concerns over Netflixs planned takeover of Warner Bros. Paramount, a Skydance Corporation, announced Monday it has launched an all-cash tender offer to acquire the outstanding shares of Warner Bros. Discovery for $30.00 per share in cash, with…

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