Mortgage rates continue downward trend, housing market still sluggish
Mortgage rates continued their downward trajectory this week in a trend that is welcome for prospective buyers, but the real estate market remains largely stalled due to high prices.
Ikea warns of product delays due to Houthi rebel attacks on ships in Red Sea
Ikea warned that some of its products will face delays and possible availability constraints due to the ongoing attacks on cargo ships in the Red Sea.
Baby boomers are becoming wealthier, while younger generations lag behind, Fed report finds
The baby boomer generation owns 72% of America's wealth, Q3 data shows, mostly thanks to strong stock investment rewards and rising valuation in home ownership.
The 'big disconnect' with the market is where profit expectations are: Jake Oubina
Piper Sandler managing director and senior economist Jake Oubina on the 3Q GDP, the November PCE, jobless claims and his economic outlook for 2024.
State of the US economy is why Biden is losing support: Peter Morici
Former U.S. International Trade Commission Chief Peter Morici reacts to President Biden accusing Republicans of working against Americans’ economic interests.
US economic growth unexpectedly revised down to 4.9% in third quarter
The revised GDP report shows the U.S. economy grew slower than previously believed in the third quarter, but remained resilient despite some headwinds.
Americans expect their finances to deteriorate in 2024 amid still-high inflation
Americans expect their personal finances to continue deteriorating in 2024 as a result of still-high inflation, which has sapped many households' savings.
The 'easy trade' in a market slowdown is with 'smaller companies': Lee Munson
Portfolio Wealth Advisors chief investment officer Lee Munson advises investors to 'go where you can grow.'
Powerball jackpot rises to estimated $620M after no winner in December 20 drawing
The Powerball jackpot sits at an estimated $620 million after no player claimed the grand prize Wednesday night. The next drawing is Saturday, Dec. 23.
Jerome Powell's Fed has been 'insanely lucky': Don Luskin
TrendMacro Chief Investment Officer Don Luskin predicts the Fed will cut rates faster than they normally would in 2024 because they fear deflation on 'Making Money.'
Charles Payne: US Steel sale is not only unpatriotic but dumb
'Making Money' host Charles Payne reacts to Japanese steelmaker Nippon buying U.S. Steel.
BMO's Brian Belski: Value stocks are a great place for investors to be
BMO Capital Markets chief investment strategist Brian Belski reveals what stocks he's adding to his portfolio on 'Making Money.'
Colorado banning Trump from ballot shows how ‘corrupt’ the Biden admin is: Larry Kudlow
Fox Business’ Larry Kudlow reacts to economist Harry Dent saying that the ‘biggest crash of our lifetime’ is coming in 2024 and Colorado’s Supreme Court banning Trump from the presidential ballot.
Starbucks CEO says 'misrepresentation' fueling protests against company stance on Israel-Hamas war
Starbucks CEO Laxman Narasimhan told employees in a memo that protesters over the company for its stance on the Hamas-Israeli war is being fueled by "misrepresentation."
Red Sea attacks impacting global trade as more shippers ban the area due to Houthi militants
Iran-backed Houthi rebels' attacks on commercial shipping vessels have caused several companies to flee the area, and the effects of the disruptions are starting to show.
US will see a 'manufacturing boom' next year: Ryan Payne
'Mornings with Maria' panelists Ryan Payne and Adam Johnson discuss FedEx earnings, the oil sector and where investors should put their money moving into 2024.
Existing home sales rebound from 13-year low amid cooling mortgage rates
The sale of previously owned homes rose in November for the first time in five months as falling mortgage rates helped to attract potential homebuyers.
DHL eCommerce is 'flying at a higher altitude' compared to pre-pandemic, says CEO Pablo Ciano
DHL eCommerce Global CEO Pablo Ciano discusses the impact to shipping amid tensions in the Middle East, the delivery boom and his economic outlook.
Markets may experience 'a number of wild cards': Bank of America exec Keith Banks
Bank of America Vice Chairman Keith Banks details the financial institution's expectations for the Federal Reserve and economy in 2024.
FedEx is 'the bellwether' of the U.S. economy: Kevin Mahn
Hennion & Walsh Asset Management President Kevin Mahn warns over a 'slowing economy' and why investors should stay plugged into Fed rate decisions.