Wholesale inflation cools in May to lowest level in two years
The Labor Department said Wednesday the producer price index slid 0.3% in May, evidence that price pressures in the economy are continuing to dissipate.
This zombie tax idea will never work. Kill it once and for all
Politicians who support the idea of a national sales tax, which is sometimes billed as a "FairTax," are selling us a bill of goods – literally.
Fed likely to skip interest rate hike for first time in 15 months
The Federal Reserve will likely pause its 15-month interest rate hike campaign Wednesday after government data pointed to a sharp slowdown in inflation.
Instant Pot parent files for bankruptcy protection
Pyrex glassware maker Instant Brands glassware is filing for Chapter 11 bankruptcy protection after persistent inflationary pressures curtailed consumer spending.
Stew Leonard Jr. forecasts when shoppers might see some grocery relief
Stew Leonard's President and CEO Stew Leonard Jr. discusses why consumers are still paying top dollar for food as inflation subsides on 'The Claman Countdown.'
Yield-curve pioneer Campbell Harvey warns US economy is in for a deep recession
Duke University finance professor Campbell Harvey says the inverted yield curve is screaming a hard landing on 'The Claman Countdown.'
Stock market is in 'amazing' shape, defying dooming recession: Gary Kaltbaum
T3 Trading chief strategist Scott Redler and Kaltbaum Capital Management President Gary Kaltbaum discuss the strength of the stock market rally ahead of the June FOMC meeting on 'The Claman Countdown.'
Inflation breakdown: High rent, food prices remain uncomfortably high in May
The Labor Department said inflation cooled sharply in May, but prices remained uncomfortably high as the price of foods, used cars and rent marched higher.
FBI, DOJ misconduct erodes trust in national institutions: Rep. Mike Waltz
Rep. Mike Waltz, R-Fla., addresses the culture of unaccountability at the FBI and DOJ on 'The Big Money Show.'
Many Americans identify what will help them weather a financial crisis: Survey
Americans said that having a plan for their investments made them feel more confident that they could make the right investment decisions, even during extreme financial crises, according to a recent Nationwide survey.
No other big banks are on the edge of failing: Anton Schutz
Mendon Capital Advisors President and CIO Anton Schutz discusses whether regional banks have stabilized on 'Mornings with Maria.'
Inflation cools sharply in May to 4%, lowest in 2 years
The Labor Department said the consumer price index showed that inflation cooled last month, but that underlying price pressures remained stubbornly high.
Fed will 'skip' rate hikes in June, but raise in July: Jason Katz
UBS managing director and senior portfolio manager Jason Katz discuss whether cooling inflation is a buy signal for stocks on 'Varney & Co.'
SEC Chair Gary Gensler is damaging our country: Tim Draper
Venture capitalist Tim Draper responds to SEC Chair Gary Gensler calling the crypto industry 'scam artists' and 'fraudsters' on 'The Claman Countdown.'
Consumers pessimistic about credit as inflation expectations ease
Americans' worries about rising inflation have hit the lowest point in more than two years, but now consumers are increasingly concerned about access to credit.
Goldman Sachs slashes oil price forecast
Goldman Sachs lowered its 2023 outlook for crude prices by almost 10% citing a number of factors, even after Saudi Arabia's surprise production cut took the global markets off guard.
2023 stock market is the identical twin to the dotcom bust: Jeff Sica
Circle Squared Alternative Investments founder Jeff Sica warns there is a Big Tech selloff coming on 'Varney & Co.'
Fed pause? CPI inflation data, CAVA IPO top week ahead
The Federal Reserve's decision on rates, consumer and producer inflation data, retail sales, GameStop's annual meeting and a potential spicy IPO top the week ahead on Wall Street.
Fed expected to pause 15-month rate hike campaign this week, survey shows
Economists expect the Federal Reserve to pause interest rate increases during its June meeting, but they are divided over the possibility of future hikes.
TikTok users sound off on McDonald's swelling hash brown prices: 'What are we doing here'
The price of a side at McDonald's like fries or a hash brown is starting to cost more than some sandwiches and burgers. People on TikTok are commenting about the change.