Government shutdown would reflect negatively on US credit rating, Moody's warns
Potomac Wealth Advisors founder and President Mark Avallone discusses the markets as a government shutdown looms, inflation and his outlook on the economy ahead of the release of updated economic data.
Student loan scams on the rise as October repayment date approaches
Student loan relief is over as interest rates kicked back in this month and the payment pause ends Oct. 1 – prompting scammers to take advantage of borrowers in need of financial help.
Ford says ‘significant gaps’ remain in UAW strike negotiations
Ford says that despite progress there are "significant gaps" between the company and the UAW on key economic issues amid the union's strike against Detroit's Big Three.
The economy is affecting our productivity: American Compass' Oren Cass
American Compass Executive Director Oren Cass on how U.S. manufacturers are struggling to afford higher wages as worker productivity is decreasing and its impact on the auto industry on 'Making Money.'
High interest rates could be the new reality for Americans
The Federal Reserve has signaled that high interest rates are here to stay, meaning Americans will face more expensive borrowing costs for years to come.
We're not seeing behavioral change to reflect the rapid movement of interest rates: Mike Green
Simplify Asset Management's Mike Green discusses the state of the economy on 'Making Money with Charles Payne.'
UAW strike is a 'double-edged sword' for the Fed: Jason Katz
UBS managing director and senior portfolio manager Jason Katz discusses the impact of the UAW strike on the Federal Reserve and the auto industry, as well as high oil prices.
Krispy Kreme CEO to step down
Krispy Kreme announces a new CEO after Michael Tattersfield announced his intent to step down. He will be succeeded by Josh Charlesworth effective Jan. 1.
Mortgage delinquency rates fall across the U.S.
Mortgage delinquency rates in June remained at historic lows, but high home prices continue to batter potential homebuyers. Here’s what you can do.
AI to transform business workflows and productivity, Goldman Sachs CIO says
Goldman Sachs CIO Marco Argenti told FOX Business that companies are already expecting real gains and results from AI in terms of boosting productivity and transforming workflows.
US policies under Biden 'are clearly inflationary': Fred Lane
Lane Generational founder and managing partner Fred Lane says current stock performance 'is a losery,' and doesn't reflect the broad market.
Government funding resolution presents 'a really good compromise' for Republicans: Rep. Carlos Gimenez
Rep. Carlos Gimenez, R-Fla., discusses 'putting differences aside' when it comes to Congress avoiding a government shutdown.
Unifor reaches agreement with Ford in Canada, represented workers to receive wage, pension gains
Canadian labor union Unifor announced Sunday its members voted to ratify a three-year contract with Ford Motor, which includes gains in wages and pension plans.
New IRS rule on reselling concert, sporting event tickets could impact large number of Americans
A new Internal Revenue Service rule targeting ticket resellers for concerts and sporting events could impact a large number of Americans after lowering tax reporting thresholds.
Fed’s Wall of Worry: Government shutdown, UAW strike, student loan repayments and $90 oil
While the Federal Reserve has been busy battling inflation, a new crop of headwinds have emerged that could spell trouble for the U.S. economy
Powerball numbers drawn for $750 million jackpot
The numbers for the $750 million Powerball lottery jackpot were drawn on Saturday and the jackpot has reached the top 10 Powerball prizes of all time.
Minnesota's first cannabis regulator resigns after allegations of illegal sales
Minnesota's first cannabis regulator resigned on Friday after allegations surfaced that she sold illegal products through her company, Loonacy Cannabis Co.
Paying credit card debt down is getting harder
Americans are holding over $1 trillion in credit card debt, yet many are not quite sure what the monthly interest charge is, costing some spenders hundreds of extra dollars each month in addition to the monthly payment.
Affordability headwinds in the housing market will persist, economists say
Some economists believe the current housing market conditions aren't going to get better any time soon. The current rate on the 30-year fixed mortgage is 7.19%.
California Gov. Newsom vetoes union-supported bill to ban heavy-duty driverless trucks
California Gov. Gavin Newsom has vetoed a bill that would ban the operation of heavy-duty driverless trucks “without a human safety operator" present.