Mortgage rates fall to lowest level of 2025
The average rate on the 30-year fixed mortgage fell this week to 6.58%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.63%.
Charles Payne: Market 'bears' think AI spending is causing 'overblown' market
'Making Money' host Charles Payne discusses what's causing the market to pull back.
Treasury's Bessent says fixing housing affordability crisis will be one of his 'big projects' this fall
Housing affordability crisis deepens as Treasury Secretary Bessent announces plans to address mortgage rates through potential sale of government stake in Fannie Mae and Freddie Mac
Producer prices surged more than expected in July, spurring inflation concerns
The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns about inflation's economic impact.
Bessent outlines Trump administration plans for tariffs, housing crisis and Fed chairman selection
U.S. Treasury Secretary Scott Bessent, in a wide-ranging interview on 'Mornings with Maria,' weighs in on President Donald Trump's meeting with Vladimir Putin, updates U.S.-China trade talks and housing affordability crisis solutions.
Starbucks CEO sets new time goal for baristas making your order
Starbucks CEO sets a new service goal for baristas in order to improve in-store experience for customers, changes happen at stores across the U.S.
Keeping Social Security from going broke requires tax hikes that will hit younger Americans for 6 figures
Social Security's trust funds are approaching insolvency in less than a decade as worker-to-retiree ratios decline, forcing Congress to consider painful tax hikes or benefit reductions.
Philips to invest over $150M in US manufacturing, research facilities
Healthcare technology company Philips announced that it is investing more than $150 million in U.S. manufacturing and research and development facilities.
Fed's current monetary policy stance is 'exactly where we want to be,' official says
Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent economic growth from reigniting inflation.
Wall Street's expectations are the best they've been in over a decade: Charles Payne
'Making Money' host Charles Payne analyzes the stock market's performance amid warnings of a 'melt-up.'
Treasury's Bessent says he doesn't support suspending monthly jobs reports
Treasury Secretary Scott Bessent defended releasing monthly jobs reports amid accuracy concerns, emphasizing the need for improved data collection rather than pausing monthly releases.
Buyers win big as US housing prices start to drop
‘The Big Money Show’ panelists take the pulse of the real estate market as prices start to cool.
Trump slams Goldman Sachs CEO for bad tariff forecast after positive inflation report
'The Big Money Show' panel discusses President Donald Trump's reaction to Wall Street's bad tariff predictions.
How Kodak went from film giant to facing financial peril
The iconic film company Kodak has been failing to capitalize on digital photography technology it invented in 1975, leading to bankruptcy and ongoing struggles.
FDA may revoke Pfizer COVID-19 vaccine authorization for kids under certain age
The Food and Drug Administration could pull Pfizer's coronavirus vaccine emergency authorization for children under age 5.
DC Mayor Muriel Bowser let crime get 'out of control,' congressman says
Rep. Steve Scalise, R-La., discusses the arrival of National Guard troops in D.C. as President Donald Trump implements his crime plan on 'Mornings with Maria.'
Trump administration official says Wall Street tariff inflation fears like 'waiting for Godot'
A key official in the Trump administration's economic team touted the July CPI inflation report as evidence that tariff-induced inflation isn't going to materialize as economists fear.
GE Appliances invests $3B in US manufacturing operations
GE Appliances plans to create 1,000 new jobs across Kentucky, Alabama, Georgia, Tennessee and South Carolina facilities as part of major expansion initiative
Hand soaps recalled over bacteria that could lead to 'life-threatening sepsis'
DermaRite Industries issued a voluntary recall of hand soaps and antiseptics with a bacteria contamination that could lead to "life-threatening sepsis."
Steve Forbes reveals the 'big things' he wants out of Trump Fed board nominee
A 'Kudlow' panel featuring Ira Stoll and Steve Forbes weighs in on concerns over BLS data accuracy, President Donald Trump's pick for the Federal Reserve Board of Governors and their outlook for the economy.