Social Security trust fund now projected to run dry in 2034, triggering massive benefit cuts
The Medicare and Social Security trust funds are lurching toward insolvency. Social Security is projected to cover only 81% of benefits by 2034 and Medicare just 89% by 2033.
GOP senator reveals concerns in the 'big, beautiful bill'
Sen. Ron Johnson, R-Wis., says the first step of solving a problem is admitting there is one on 'The Bottom Line.'
Top economist warns America is heading toward economic disaster the Fed can't fix
Euro Pacific Asset Management Chief Economist Peter Schiff warned of stagflation and possible hyperinflation, arguing higher interest rates are needed.
Larry Kudlow: Fed Chair Powell doesn't seem to understand this
FOX Business host Larry Kudlow discusses the Fed's decision to keep interest rates steady on 'Kudlow.'
Trump signals uncertainty over whether he will support GOP senator's move to increase federal minimum wage
President Donald Trump remains noncommittal on Missouri Republican Sen. Josh Hawley's proposal to raise the federal minimum wage.
Fed uncertainty impacts the stock market's bull case, expert says
UBS Private Wealth Management managing director Alli McCartney analyzes the bond market after the Federal Reserve voted to keep interest rates unchanged.
Jerome Powell's opening remarks after Fed's June interest rate decision
Federal Reserve Chairman Jerome Powell speaks after the central bank's June interest rate decision.
Fed fears the US economy is heading for stagflation, strategist says
QI Research CEO and chief strategist Danielle DiMartino Booth discusses the Federal Reserve's decision to keep interest rates at 4.25 to 4.5%, making it the fourth time in a row for a pause on rates this year.
Charles Payne: Life is sweet for rich folks
'Making Money' host Charles Payne discusses the Federal Reserve's interest rate policy.
AI is a 'huge opportunity' for the energy sector, portfolio manager says
Tortoise senior portfolio manager and managing director Rob Thummel discusses his expectations for oil prices, the impact of artificial intelligence on the energy sector and the Federal Reserve's policy decision.
Deficits from 'big beautiful bill' to rise nearly $2.8T under new dynamic estimate: CBO
The Congressional Budget Office projected that the House GOP tax bill – dubbed the "One Big Beautiful Bill Act" – would add $2.77 trillion to deficits over ten years.
Trump admin announces blue-collar workers seeing fastest wage growth in 50 years
'The Big Money Show' panel discusses what's behind the surge in blue-collar wages under President Donald Trump.
Federal Reserve leaves key interest rate unchanged for fourth straight meeting
The Federal Reserve left its benchmark interest rate unchanged at a 4.25% to 4.5% range at its June meeting, making it the fourth consecutive meeting in which it held rates steady.
Home Depot co-founder warns of America's 'scary' trillion-dollar debt interest as markets signal trouble
Ken Langone voices concern over America's economic standing, cautioning against rate cuts amid weak retail sales, manufacturing data and mounting debt that threatens currency integrity.
US can boost oil production 'very quickly' to offset Iran issues, former Trump energy sec says
Former Trump Energy Secretary Dan Brouillette discusses how much the Israel-Iran war will disrupt oil prices on 'Varney & Co.'
Trump slams 'stupid' Fed Chair Jerome Powell ahead of interest rate decision
President Donald Trump slammed Federal Reserve Chairman Jerome Powell as "stupid" before the central bank's interest rate announcement on Wednesday afternoon.
Ken Langone warns about ‘scary’ US deficit, says its ‘time’ for some balance in global trade
Home Depot co-founder Ken Langone evaluates the state of the U.S. economy and addresses the current political landscape during an exclusive interview on ‘Special Report.’
Amazon CEO says AI will reduce his company's workforce
Amazon CEO warns AI will reduce corporate workforce as the company embraces generative AI technology, urging employees to adapt in the transformation.
Gap pours $58M into robotics and automation at its largest global distribution facility in Tennessee
Gap Inc. invests millions in Gallatin facility with a focus on robotics and automation, creating 100 new jobs while strengthening American operations.
Circle CEO says ‘we’re in the very early stages’ of stablecoin successes
Circle CEO, Chairman and co-founder Jeremy Allaire details IPO excitement, high-utility stablecoin, the GENIUS Act's 'excellent' points and the state of America's macroeconomy in a wide-ranging interview.