IMF says global economy 'limping along' as it faces new threat from Israel-Gaza war
The International Monetary Fund lowered its growth outlook for the global economy, citing ongoing risks from high interest rates and the war in Ukraine.
US automakers lay off hundreds more workers as UAW strike's ripple effects grow
Ford, General Motors and Stellantis all laid off more workers as the United Auto Workers strike against Detroit's Big Three automakers entered its fourth week.
Atlanta Fed chief Bostic doesn't see a need for more rate hikes
Atlanta Federal Reserve Bank President Raphael Bostic said he thinks the Fed's rate hikes to date may have been enough to bring down inflation without the need for another.
General Motors reaches tentative agreement with Canadian union, ending strike
General Motors and Unifor, a Canadian union, reached a tentative agreement hours after 4,300 workers went on strike on Tuesday at three GM facilities in Canada.
Stock market cares more about inflation than Israel-Hamas conflict: Phil Blancato
Osaic chief market strategist Phil Blancato and Madison Ventures Plus managing director Mitch Roschelle discuss whether the market will rally despite Middle East turmoil on 'Making Money.'
Hamas attack on Israel could ignite entire Middle East: Shah Gilani
Money Map Press chief investment strategist Shah Gilani explains how conflicts outside of America affect U.S. financial markets on 'Making Money.'
Kaiser Permanente union coalition warns of potential second strike
A coalition of unions representing some 75,000 Kaiser Permanente employees is threatening to strike again in November following a massive three-day strike last week.
Americans see high inflation sticking around in latest New York Fed survey
A New York Federal Reserve survey released Tuesday shows consumers are bracing for inflation to remain above the central bank's 2% target in the long term.
The Fed was 'sending a message' to markets: Quincy Krosby
LPL Financial chief global strategist Quincy Krosby says Q3 earnings will provide 'a very keen snapshot' of the state of the U.S. economy.
Survey: many holiday shoppers anticipate gift spending will be equal or exceed last year
Many shoppers anticipate their holiday gift spending will stay flat or increase from last year, according to a Shopify-Gallup survey published Tuesday.
'Striketober' returns with vengeance
October 2021 was dubbed "Striketober" due to a flurry of union strikes across the U.S. as the pandemic emergency cooled, but strike activities have been much higher in 2023.
Ex-Harvard president Larry Summers 'sickened' by students' 'morally unconscionable statement' on war in Israel
Former Harvard president Larry Summers said he is "sickened" by some of the institution's student groups blaming Israel for the war in the country.
Powerball jackpot rises to $1.73B after no winners in Monday night's drawing
The Powerball jackpot continues its no-winner trend after Monday's $1.55B prize went unclaimed, raising the stakes to an estimated $1.73B with a cash option of $756.6M.
US consumers are living on 'borrowed time': E.J. Antoni
Heritage Foundation public finance economist E.J. Antoni says consumers are increasingly relying on debt and dipping into savings as spending rises on 'Making Money.'
Walmart, Kohl's kick off 2023 holiday sales
Major retailers Walmart to Kohl's are kicking off their first sales events for the holiday shopping season that's falling on the backdrop of a slowing economy.
United Auto Workers strike: cost to US economy sets new record
The United Auto Workers' limited strike against Ford, General Motors and Stellantis has already cost the economy more than any other strike in the industry this century.
Israel-Hamas conflict has markets in a vulnerable position: Jeff Sica
Circle Squared Alternative Investments founder Jeff Sica analyzes the market's reaction to Israel's war with Hamas on 'Varney & Co.'
Housing inventory remains painfully low as shortage persists
The total number of homes for sale on the market tumbled in September for the fifth straight month, a sign the housing shortage is continuing to deepens.
Middle East conflict raises risks to global economic outlook
Conflict between Israel and the Iran-backed Hamas terror group could create a wider conflict in the Middle East that would increase risks to the global economy.
Kevin O'Leary reveals what investors 'missed' about Sam Bankman-Fried prior to FTX's historic collapse
FOX Nation's new special "Who is Sam Bankman-Fried?" takes a deep-dive into the infamous FTX founder's criminal past.