Home prices rose for 4th straight month in May
Home prices climbed for the fourth straight month in May despite high mortgage rates, according to the S&P CoreLogic Case-Shiller index released Tuesday.
Fed set to raise interest rates to 22-year high after June pause
The Federal Reserve is expected to raise interest rates for the 11th time at the end of its meeting Wednesday as it continues its fight against inflation.
Corporate America is in trouble: Jake Oubina
Piper Sandler managing director and senior economist Jake Oubina explains why he predicts a recession will begin at the start of the fourth quarter on ‘Mornings with Maria.’
GuideStone Capital Management President David Spika: We cannot make sense of current market evaluations
GuideStone Capital Management President and CIO David Spika reacts to second quarter tech earnings and predictions for the upcoming Federal Reserve meeting.
CCP understands power, strength and commitment: Mike Pompeo
Former Secretary of State Mike Pompeo on the administration considering lifting sanctions on China, the U.S. economic relationship with the adversary and RFK Jr. calling for an investigation into President Biden admin family business probe.
Amazon, FedEx, US Postal Service prep as potential UPS strike looms
Shipping companies like Amazon, FedEx and the U.S. Postal Service are monitoring the evolving negotiations between UPS and the Teamsters union as a potential strike looms.
Former Home Depot CEO says US businesses have 'more uncertainty now' in more than 50 years
US politicians should be taking the economy "very seriously," according to Bob Nardelli, who warned of "more uncertainty now" within a broad sector of businesses.
Biden wants to make taxes higher than in China: Grover Norquist
Americans for Tax Reform President Grover Norquist reacts to ‘Bidenomics’ on ‘The Evening Edit.’
Economists still see 50% chance of a recession this year
A majority of business economists believe the odds of a recession within the next 12 months are at 50% or less, according to a survey published by NABE.
Evidence from the Hunter Biden investigation ‘directly’ leads to the president: Rep. Jason Smith
House Ways and Means Committee Chairman Rep. Jason Smith, R-Mo., details the numerous incidents that tie President Biden to Hunter Biden’s deals amid the ongoing investigation on ‘Varney & Co.’
Microsoft stock is the ‘standout’ for AI earnings: Ray Wang
Constellation Research Founder Ray Wang explains why Elon Musk rebranding Twitter as ‘X’ and details how technology companies compete in the markets to make artificial intelligence a sustainable business model on ‘Varney & Co.’
Recession risks are receding: Jason Katz
UBS managing director and senior portfolio manager Jason Katz details which stocks he is paying attention to on ‘Varney & Co.’
AI will benefit tech earnings: Jeff Sica
Circle Squared Alternative Investments founder Jeff Sica weighs in on whether companies can profit from artificial intelligence and how it will impact the economy on ‘Varney & Co.’
Bill Hemmer: Lines have been drawn for Democratic establishment
'America's Newsroom' co-host Bill Hemmer discusses the GOP primary debate, RFK Jr.'s calls to restore the American middle class and the Democratic establishment.
Markets seeing 'more uncertainty now than I've ever seen' in 52 years: Bob Nardelli
Former Home Depot CEO Bob Nardelli reacts to the economy weighing on voters' minds before the thick of 2024 campaigning.
AMC chief executive delivers warning after stock conversion rejected
AMC Entertainment CEO Adam Aron issued a warning on Twitter, saying the company could “conceivably" run out of cash over the next two years if not allowed to raise money.
High interest rates take a toll on America's finances: Allianz
Interest rates have impacted the finances of 61% of Americans, an Allianz survey found. Some experts predict the Fed will raise interest rates again in July as inflation has not cooled to its target range.
UPS contract talks with Teamsters union near deadline, deal could hike company's costs
UPS and the Teamsters union are set to resume talks on a new collective bargaining agreement this week before the current deal expires at the end of July and an August strike looms.
High mortgage rates will weigh on the housing market for years
The U.S. housing market could take years to recover from the recent spike in mortgage rates, with property prices expected to fall at least 2.4% next year.
Craftsman factory in Texas shows challenges of reshoring manufacturing
Craftsman's effort to create a highly-automated factory for tool production in Fort Worth, Texas, came to an end earlier this year when the facility was shutdown.