Interest costs on US national debt set to exceed defense spending this year
Total interest on the national debt is poised to become the priciest part of the federal budget, outstripping spending on Medicare and Social Security.
Worried about losing your job? Financial backup plan is essential, say experts
With constant reports about layoffs and small business challenges in meeting payroll, many workers worry about losing their jobs and their overall career paths. Here's how to be proactive.
Fed's Barr says regulators more aggressive with banks, focused on interest rate risk
Federal Reserve vice chair for supervision Michael Barr said the Fed's supervisors are working with banks to manage commercial real estate risk amid the high interest rate environment.
US dollar to remain world's reserve currency, Fed's Waller says
The Fed's Christopher Waller said that he expects the U.S. to remain the world's leading reserve currency given a lack of practical alternatives and the dollar's status as a safe haven.
Choco Tacos returning this summer after partnership between Taco Bell, Salt & Straw
Taco Bell and Salt & Straw ice cream have partnered up to bring the Choco Taco out of retirement after the dessert was discontinued in July 2022.
The Lyft earnings report was fantastic, but there was an extra '0' in there: Ben Levisohn
Barron's markets editor Ben Levisohn reacts to the multi-billion dollar typo on 'Barron's Roundtable.'
Americans appear more pessimistic about their financial circumstances: Glenn Williams
Primerica CEO Glenn Williams breaks down consumer sentiment and serving the needs of Americans on 'The Claman Countdown.'
Inflation is fixed with stable value for the dollar: Steve Forbes
Forbes Media chairman Steve Forbes breaks down the administration's inflationary agenda on 'Kudlow.'
Stock market ‘more than ever’ is not Main Street: Charles Payne
‘Making Money’ host Charles Payne reacts to the hotter-than-expected PPI report, Bitcoin’s latest rally and tech stocks during an appearance on ‘The Big Money Show.’
Housing starts unexpectedly plummet to lowest level in five months
The Commerce Department reported Friday that housing starts dropped to the lowest level in five months thanks to wintry weather and high mortgage rates.
Nike cutting 1,600 jobs to cut costs
Nike is laying off 2% of its corporate workforce to cut costs. The company seeks to invest in priority areas such as running and its Jordan brand, according to CEO John Donahoe.
Wholesale inflation accelerates more than expected in January
The Labor Department on Friday said the producer price index climbed faster than expected in January, underscoring the difficulty of taming high inflation.
Fed likely won't cut rates at all in 2024: Kenny Polcari
SlateStone Wealth chief market strategist Kenny Polcari criticizes the Fed's 'illogical' rate cut story on 'Varney & Co.'
Input side of the inflation story is where the ‘action’ is going to be: Stephanie Pomboy
Macro Mavens President Stephanie Pomboy reacts to the U.S.’s consumer price index report as investors grapple with the impact inflation has had on the markets.
Federal Reserve does not want to appear ‘even slightly’ political: Dennis Gartman
Former editor of ‘The Gartman Letter’ Dennis Gartman and the Lonski Group President John Lonski preview Fed Chair Powell’s upcoming testimony on Capitol Hill on ‘Mornings with Maria.’
Americans staying put: Percentage that moved in 2023 hit a record low
The percentage of Americans that moved hit a record low in 2023, according to a new analysis of U.S. Census data. Experts attribute the drop to the housing affordability crisis.
Better market opportunities to come 'later in the year': Phil Orlando
Federated Hermes chief equity market strategist Phil Orlando says the Fed will be 'very patient' before the central bank begins cutting rates.
Blame the baby boomers for the housing shortage, Redfin says
A growing number of older Americans are choosing to age in place rather than downsize their homes, which is contributing to a nationwide housing shortage.
Inflation struggles pushing blue-collar workers to vote red in November
Three-blue collar workers joined "America's Newsroom" to discuss the impact inflation is having on their wallets.
Kevin O'Leary: More failures of regional banks around office space and commercial real estate in the months ahead
'Kudlow' panelists Kevin O'Leary, Kevin Hassett and John Carney discuss inflation, bank failures and credit card delinquencies.