Why we're adding far fewer jobs than the White House claims
New data from the Federal Reserve Bank of Philadelphia throws cold water on Biden administration claims. It shows recent job growth has been 80% less than previously estimated.
US economy is not in good shape, we've been in a recession: Danielle DiMartino
QI Research CEO and chief strategist Danielle DiMartino Booth addresses concerns about technology taking over the labor market on 'Making Money.'
Data shows consumers are starting to worry about job losses: Jharonne Martis
LSEG director of consumer research Jharonne Martis reacts to U.S. consumer sentiment falling for the third straight month on 'Making Money.'
Jerome Powell hasn't fumbled yet, Fed has room to cut rates: Callie Cox
Ritholtz Wealth Management chief market strategist Callie Cox and 248 Ventures LLC chief strategist Lindsey Bell discuss whether investors should believe in Wall Street's 'unique' bull market on 'Making Money.'
Bull market could continue well past 2025: Mona Mahajan
Edward Jones senior investment strategist Mona Mahajan reveals what 3 things need to happen for the stock market to continue on 'Making Money.'
Cooling inflation could create a 'goldilocks vibe' in asset markets: Darius Dale
42 Macro founder and CEO Darius Dale discusses whether Fed rate cuts will impact the resilient U.S. economy on 'Mornings with Maria.'
Mortgage rates on the decline while applications rise: Freddie Mac
The average 30-year fixed-rate mortgage was 6.95% for the week ending June 13, according to Freddie Mac's latest Primary Mortgage Market Survey.
Fed leaves interest rates unchanged with just one cut projected by the end of 2024
The Federal Reserve announced it would maintain the federal funds rate range at 5.25% to 5.5%, where rates have held steady since last July.
LARRY KUDLOW: Biden's massive spending is a real inflationary problem
FOX Business host Larry Kudlow shreds President Biden's inflationary economic agenda on Monday's "Kudlow."
House Republican proposes to put President Trump on $500 bill
Republican Rep. Paul Gosar of Arizona introduced legislation that would put former President Trump's portrait on a proposed $500 Federal Reserve note.
Fed Chairman Powell tests positive for COVID-19
Federal Reserve Chair Jerome Powell tested positive for COVID-19 on Thursday and is currently working from home while experiencing symptoms, according to his office.
Mortgage rates dip lower on positive inflation news, hold at near 7%: Freddie Mac
The average 30-year fixed-rate mortgage was 7.02% for the week ending May 16, according to Freddie Mac's latest Primary Mortgage Market Survey.
Fed Chairman Powell finds lowering rates too easy to swallow
Fed Chairman Jerome Powell made some of the right moves, but failed the delayed gratification test and signaled that he would lower rates. Why? He bowed to political pressure, of course.
Federal Reserve is giving your money away and it could destroy more than your wallet
The Federal Reserve went down a dangerous path after the 2008 financial crisis. It increased its balance sheet and made borrowing cheaper. The result is a $23 trillion spike in debt.
Fed holds interest rates higher for even longer as inflation remains high
The Federal Reserve announced it would maintain the federal funds rate at 5.25% to 5.5%, where rates have held steady since last July.
Rare $1 bills with printing error could be worth thousands: 'They're still out there'
Due to a printing error made by the U.S. Bureau of Engraving and Printing, you might have a rare dollar bill on hand that's worth thousands of dollars — check your wallets.
US first quarter GDP slows more than expected, but inflation keeps rising
Real GDP increased at an annual rate of 1.6% for the January-through-March period after rising 3.4% in the fourth quarter of 2023, according to the BEA's advance estimate released Thursday.
Biden must stop inflation denial and quit doing dumb things
Denial is almost a Biden policy when it comes to inflation. And inflation has been in the danger zone for 36 straight months and went up again in March. It's time to address it.
Gas, housing and car insurance costs soar, fueling inflation in March
Shelter, gas and car insurance costs weighed heavily on consumer expenses, contributing to over half of the monthly increase in March, according to the Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS).
Americans tap into savings as they struggle with inflation: survey
Inflation has pushed more Americans to tap savings or borrow from friends to make ends meet, a recent HelpAdvisor survey said.