Biden administration plans to buy 2.7M oil barrels to refill emergency stockpile
The Biden administration announced on Friday that it plans to buy 2.7 million barrels of oil to help replenishing the nation's Strategic Petroleum Reserve.
US in 'serious trouble,' financial world legend who predicted Lehman collapse warns
Rich Dad Company co-founder and author of Rich Dad Poor Dad Robert Kiyosaki discusses the country's alarming financial trouble as the government continues to print more money
Amazon is strengthening its tech stack: Mark Mahaney
Evercore ISI senior managing director Mark Mahaney reveals where the stock prices of Amazon and Uber could be going in 2024 on 'Varney & Co.'
Fed rate cut by March 2024 is illogical: Kenny Polcari
SlateStone Wealth chief market strategist Kenny Polcari discusses whether the stock market rally is real and when the Fed might lower interest rates on 'Varney & Co.'
Credit counseling service sees huge surge in calls during holiday shopping kickoff
One of the nation's largest nonprofit credit counselors is sounding the alarm after receiving an unusually high number of inquiries from consumers during the holiday shopping kickoff.
Virgin Atlantic CEO says leisure travel remains robust, expects to return to profitability in 2024
Virgin Atlantic CEO Shai Weiss said leisure demand has remained robust but corporate demand hasn't notched 2019 levels. It's at 80% though he believes that could increase this year.
Experts warn hidden risks of Buy Now, Pay Later
While "Buy Now Pay Later " payment options are advertised as "interest free installments" consumers can run into snags if they aren't carefully watching their budgets, experts warn.
Market rally 'could extend' into 2024: Gina Bolvin
Bolvin Wealth Management Group President Gina Bolvin discusses her market expectations and Fed Chairman Powell's anticipated comments on the economy and a potential recession.
Markets expert predicts 'rates will drop and fixed income will benefit'
Infrastructure Capital Advisors CEO Jay Hatfield joins 'Mornings with Maria' to assess U.S. futures and the November market numbers.
Saudi Arabia extends oil production cuts into start of 2024
OPEC+ announced Thursday that it is deepening oil production cuts, but crude prices actually dropped amid investor skepticism over the supply curb.
Strength of US consumer has likely run its course: Michelle Girard
NatWest Markets U.S. head Michelle Girard discusses the state of the American consumer after spending slowed in October on 'Making Money.'
Mortgage rates continue downward trend, remain above 7%
Home mortgage rates continued to march lower this week in an ongoing downward trend that has seen demand pick up, but affordability headwinds continue to blow.
Biden administration’s EV push is ‘absolutely nuts’: Kenny Polcari
‘Mornings with Maria’ panelists Tiana Lowe Doescher, Kenny Polcari, and Carol Roth discuss the Biden administration’s controversial economic policy and Democrats’ EV push.
China's Shein is the poster child for forced labor: Tyler Merritt
Nine Line Apparel CEO Tyler Merritt reacts to Chinese retailer Shein filing for a U.S. IPO on 'Varney & Co.'
Pending home sales fall to record low as high mortgage rates take a toll
Signed contracts to buy previously owned homes in the U.S. plummeted in October to the lowest level on a record amid a recent spike in mortgage rates.
US third quarter GDP estimate revised upwards on second reading
Real GDP increased at an annual rate of 5.2% for the July-through-September period after rising 2.1% in the second quarter this year, according to the BEA's second estimate released Thursday.
Amazon is a multifaceted stock, strong number will continue: D.R. Barton
Woodshaw Financial Group principal D.R. Barton discusses whether cooling inflation will significantly boost stocks on 'Varney & Co.'
Shopping at Five Below is a ‘treasure hunt’ experience: Joel Anderson
Five Below President and CEO Joel Anderson joins ‘Mornings with Maria’ to discuss the company’s better than expected 3Q earnings report ahead of the busy holiday season.
Fed is thinking about the future 'a little more seriously': Thomas Hoenig
Former Federal Reserve Bank of Kansas City President and CEO Thomas Hoenig on the state of inflation and expectations for October's PCE report.
Fed's preferred inflation gauge eases in October
An inflation measure that is closely watched by the Federal Reserve moderated in October, evidence that higher consumer prices are continuing to cool.