Inflation surged in March as Iran war's energy impact hit consumers
The Bureau of Labor Statistics released the latest consumer price index data which showed that CPI inflation surged in March as the Iran war's imapct took a toll on consumer prices.
Market is going to breathe, Kenny Polcari says
SlateStone Wealth chief market strategist Kenny Polcari discusses the market reaction amid the CPI report and conflict in the Middle East and assesses the bond market on 'Varney & Co.'
US economy grew at 0.5% in fourth quarter
The Commerce Department released its second and final revision for fourth quarter GDP which found the economy grew at a slower pace than was previously reported.
Fed's favored inflation gauge remained elevated in February, delayed report shows
The Commerce Department on Friday released the February 2026 PCE inflation report, which showed the Federal Reserve's preferred inflation gauge remained stubbornly high for consumers.
Is grocery relief a myth? Why coffee and beef prices are erasing your savings at the checkout
Fourteen of the 25 most common grocery staples rose in price over two years, with coffee up 55% and ground beef up 31%, a new CouponFollow report found.
Fed official says interest rate hike possible as gas prices, inflation remain elevated
Fed's Beth Hammack warns interest rates could rise if inflation stays elevated, citing uncertainty over the Iran war's impact on oil and gas prices.
New research shows a rise in the number of Americans breaking into the upper-middle class
'The Big Money Show' breaks down new data showing more Americans moving into the upper-middle class and what’s driving income gains.
Jamie Dimon warns Iran war could drive inflation, interest rates higher
JPMorgan CEO Jamie Dimon warns the Iran war may lead to stickier inflation and higher interest rates than markets currently expect in 2025 and beyond.
Trump touts unexpectedly high March jobs report as economy rebounds from weak February
March jobs report shows 178,000 new positions added, tripling forecasts. Trump says tariffs are driving factory construction and economic growth.
March jobs report shocks: Hiring jumps to 178K, far above expectations
'The Big Money Show' reacts as the U.S. adds 178,000 jobs in March, almost tripling expectations and signaling strength in the labor market.
NY Fed President John Williams warns Iran-driven oil spike could ripple through economy
Fed President John Williams warns that rising energy prices from the Iran War could spread across multiple sectors of the economy, affecting inflation.
Retirement 'magic number' jumps as Americans grow anxious about their financial futures
Americans now believe they need $1.46 million to retire comfortably, up $200,000 from last year, according to a new Northwestern Mutual retirement study.
Los Angeles sees major population drop as jobs shrink and residents flee
'The Big Money Show' analyzes new data showing Los Angeles County lost tens of thousands of residents, with fewer people moving in to replace them.
Fed's Jerome Powell says another supply shock is coming
Fed Chair Jerome Powell discusses how monetary policy approaches supply shocks like the pandemic and tariffs, adding that the energy market disruption present a new inflation test. (Credit: Harvard University)
Economist says energy prices will ‘linger’ after damage to Gulf infrastructure
FHN Financial chief economist Chris Low discusses rising inflation driven by energy and food prices and its impact on the US economy on 'Making Money.'
Powell warns of new energy supply shock as gas prices surge: 'No one knows how big it will be'
Federal Reserve Chair Jerome Powell warned of a new energy supply shock as oil tops $100 a barrel and gas prices surged over 34% in just one month.
Trump warns Iran as oil jumps and war risks escalate in Middle East
'The Big Money Show' breaks down how Strait of Hormuz tensions and Houthi attacks are driving oil higher and rattling global markets.
Iran war could push inflation higher this year, Goldman Sachs says
Goldman Sachs economists see inflation moving higher this year than in their previous forecast amid the oil price shock caused by the Iran war's impact on global oil supplies.
Maine lobster industry hit by harsh winter, falling catch and rising costs
A decline in lobster catch because of brutally cold temperatures this season may have the price tag of lobster rolls going up.
Private credit fears emerge on Wall Street driven by AI financing
The Bear Traps Report founder Larry McDonald joins 'Mornings with Maria' to discuss the Iran conflict, oil supply shocks and a looming credit crisis.