Mortgage rates drop for first time in weeks, still hover near 7%
The average rate on the 30-year fixed mortgage fell this week to 6.85%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.89%.
Billionaire investment analyst reveals the 'central problem' with national debt
Ken Fisher of Fisher Investments on the market reaction to President Donald Trump's phone call with China's Xi Jinping, concerns over the national debt and whether the 'big, beautiful bill' will pass.
GOP rep on 'big beautiful bill' opposition: 'This is a question about letting perfect be the enemy of the good'
Rep. Bryan Steil, R-Wis., weighs in on opposition to the 'big, beautiful bill,' the possible economic growth the bill will bring and his stance on the SALT cap.
Buy now, pay later usage for groceries nearly doubles as consumers struggle with food costs
A new report highlights a rise in buy now, pay later services for groceries, indicating financial strain among some households amid rising food prices.
Procter & Gamble slashing up to 7,000 jobs amid restructuring effort
Procter & Gamble is slashing up to 15% of its non-manufacturing positions over the next two years as part of a broader restructuring effort. The cuts will affect up to 7,000 roles.
GOP senator launches probe into mystery surrounding Biden's autopen use
Sen. Eric Schmitt, R-Mo., discusses former President Joe Biden's response to autopen allegations and President Donald Trump's tax bill on 'Varney & Co.'
ECB cuts rates as bets build on a summer pause
The ECB has now lowered borrowing costs eight times since last June, seeking to prop up a eurozone economy that was struggling before U.S. economic policies dealt it further blows.
Citi's Stuart Kaiser warns of 'uncharted territory' in the bond market
Citi head of equity trading strategy Stuart Kaiser discusses the CBO's analysis of the Trump tariffs in addition to his outlook for bond yields, economic growth and the May jobs report.
Over 300 economists urge Trump, GOP leaders to extend tax cuts before massive tax hike hits Americans
Over 300 economists urged President Donald Trump and GOP leaders in Congress to extend the 2017 tax cuts to prevent a $4 trillion tax hike, warning that failure would harm economic growth.
Alleged agro-terrorism by Chinese nationals proves China is 'greatest threat and adversary' to US, GOP senator says.
Sen. Katie Britt, R-Ala., discusses the arrest of two Chinese nationals accused of smuggling a toxic crop-killing pathogen, the debate over Trump's 'big, beautiful bill' and more on 'Kudlow.'
Most Republicans voted to continue the Biden spending levels, Rand Paul argues
Sen. Rand Paul, R-Ky., discusses efforts to unify Republicans on the 'big, beautiful bill' on 'Kudlow.'
Dollar General sees increase in higher-income shoppers looking to stretch their dollars
Dollar General CEO Todd Vasos said the retailer is attracting more middle- and higher-income earners looking for value, as economic concerns continue to weigh.
Trump may need more Republicans to get tax bill done by July 4th: Charles Payne
'Making Money' host Charles Payne discusses the implications of President Donald Trump's tax bill on the U.S. economy.
Housings power dynamic is moving from sellers to buyers, expert says
ResiClub co-founder and editor-in-chief Lance Lambert addresses mounting concerns about the housing market on 'Making Money.'
Market expert predicts an acceleration in GDP growth this year
A 'Mornings with Maria' panel breaks down its outlook for the economy, the bond market and undervalued stock picks.
Wall Street 'narratives' are designed to get investors to panic: Charles Payne
'Making Money' host Charles Payne urges investors to understand the fundamentals of what they own and ignore Wall Street power brokers.
US businesses are dealing with a ‘cloud of uncertainty,’ expert says
MacroMavens President Stephanie Pomboy predicts the market’s growth expectations in reaction to the U.S. and China’s ongoing trade tensions.
Trump's 'ultimatum' to China might not be a good sign: Jackie DeAngelis
'The Big Money Show' panel discusses President Donald Trump's 'friendly reminder' to U.S. trading partners.
Expert reveals Alaska could hold a massive amount of natural gas, supply US for two decades
Future49 board member Bob Griffin discusses the amount of natural gas in Alaska amid Trump administration plans to open millions of acres for new oil and gas development by rolling back a Biden-era rule.
Senior citizens reap unexpected benefits from Trump's tax bill
Rep. Jason Smith, R-Mo., explains how President Donald Trump's tax bill delivers on all of the president's priorities on 'Varney & Co.'