Mark Cuban to sell majority stake of Dallas Mavericks to billionaire Miriam Adelson: reports
Dallas Mavericks owner Mark Cuban will sell his majority stake in the team to billionaire casino magnate Miriam Adelson, according to multiple reports.
Red Lobster's Ultimate Endless Shrimp deal contributed to third-quarter operating loss
The number of customers taking Red Lobster up on its Ultimate Endless Shrimp deal contributed to a quarterly operating loss for the chain, according to investor Thai Union Group.
Chopt restaurant sued after woman allegedly chewed 'human finger' mixed with salad
A woman from Connecticut sued the Chopt chain restaurant after an she allegedly found a human finger in her salad and even took a bite out of it in April.
Fed governors divided over further interest rate hikes to tame inflation
Federal Reserve governors Michelle Bowman and Christopher Waller delivered speeches on the state of the economy that showed divisions in the FOMC over the need for more rate hikes.
Wall Street's bull market is entering its second year: Brian Belski
BMO Capital Markets chief investment strategist Brian Belski discusses where the market is heading in 2024 after many experts predicted doom in 2023 on 'Making Money.'
AI may be greater threat to wages than jobs, European study finds
A new paper published by the European Central Bank found that artificial intelligence technology counterintuitively increased job opportunities for younger and high-skilled workers.
Difficult housing market forces divorced couples to live together: 'Feels like the impossible'
Some divorced couples are being forced to live together in a difficult housing market that makes finding another home expensive, if not impossible.
Consumers plan to increase spending this holiday season: survey
Shoppers across all income levels plan to spend more this year for the holiday, a recent Deloitte survey said.
If Biden's re-elected, he may 'take another run' at tax increases: Andy Laperriere
Piper Sandler head of U.S. policy research Andy Laperriere provides his Q3 GDP and PCE outlooks and explains how government spending may impact the economy.
Home prices rise for eighth straight month in September
U.S. home prices continued to march higher in September despite a spike in mortgage rates, locking many would-be homebuyers out of the housing market.
Biden's removal from presidential office unlikely: Rep. Matt Rosendale
Rep. Matt Rosendale, R-Mont., on the state of the U.S. economy, Biden's spending request and further aid for war-torn Ukraine and Israel.
Housing down payments hit all-time high as buyers battle high mortgage rates
Homebuyers are putting down a record amount of money in order to secure their dream house as they deal with a supply crunch and rising mortgage rates.
Fed 2024 rate cut depends on this one missing piece: Kelsey Berro
JP Morgan Asset Management fixed income portfolio manager Kelsey Berro discusses when the Fed might start lowering interest rates on 'Making Money.'
Best Cyber Monday deals of 2023 unveiled
'The CyberGuy' Kurt Knutsson reveals the best tech gifts and stocking stuffers for the holiday season on 'The Big Money Show.'
New home sales fell more than expected after spike in mortgage rates
New home sales in the U.S. fell more than expected in October as mortgage rates hit a two-decade high, pushing many would-be buyers out of the market.
Black Friday shoppers capitalized on 'buy now, pay later' trend: Anthony Chan
Former JPMorgan Chase global chief economist Anthony Chan discusses the state of the U.S. economy after record-breaking Black Friday spending on 'Varney & Co.'
Fed is trying to put its inflation fire out with a water pistol: Jeff Sica
Circle Squared Alternative Investments founder Jeff Sica explains why the Fed is unlikely to lower interest rates until the end of 2024 on 'Varney & Co.'
Social Security clawed back overpayments tied to COVID-19 stimulus – lawmakers want answers
Some Social Security recipients have erroneously seen their benefits suspended or have been assessed overpayments due to COVID-19 stimulus checks.
Biden economic adviser points to inflation, jobs trends as good signs, despite voters' dissatisfaction
Jared Bernstein, chair of Council of Economic Advisers, says the U.S. economy is "moving on the right track," though there is "a lot more work to do."
Working mom's tearful confession on family living paycheck to paycheck goes viral: 'I don't know what to do'
Pennsylvania mom and registered nurse Mackenzie Moan's viral TikTok about her family's financial struggles has led others to raise their voices about the high cost of living.