Larry Summers offers projection of how high Fed will lift interest rates, says recession could happen
Larry Summers on Monday offered his 'best guess' of how high the Federal Reserve will hike interest rates and said there could potentially be a recession.
Fed's Jerome Powell, Sen. Elizabeth Warren clash in tense exchange over rate hikes
Federal Reserve Chair Jerome Powell fired back at Sen. Elizabeth Warren in a tense exchange Tuesday over the potential impact of the central bank's interest rate hikes.
Americans feeling most pessimistic about financial future since 2010, survey shows
A Fannie Mae survey shows that Americans are increasingly pessimistic about their financial prospects amid rising interest rates and stubborn inflation.
Bears are frustrated the stock market hasn't fallen apart: Scott Redler
Meridian Equity Partners senior managing partner Jonathan Corpina and T3 Trading chief strategist Scott Redler analyze the economy and labor market after a hawkish Jerome Powell triggered a stock market selloff.
Sen. Elizabeth Warren and Federal Reserve Chair Jerome Powell engage in tense exchange
Federal Reserve Chair Jerome Powell fired back at Sen. Elizabeth Warren while testifying before Congress Tuesday, after the Massachusetts Democrat confronted the chairman over the impact of interest rate hikes.
Fed Chair Powell has been dealt a 'very tough hand': Sen. Bill Hagerty
Sen. Bill Hagerty, R-Tenn., discusses Fed Chair Powell's testimony on Capitol Hill, the impact of inflation on Americans and Biden's FY2024 budget.
Politicizing government spending is putting the US at risk: Maya MacGuineas
Committee for a Responsible Federal Budget President Maya MacGuineas argued the government's unwillingness to curb spending is weakening the U.S. as China gets stronger.
Fed rate cuts 'completely out of the question': Lou Basenese
Public Ventures chief market strategist Lou Basenese discusses how Fed Chair Jerome Powell's remarks in front of the Senate Banking Committee could impact markets on 'Varney & Co.'
Fed Chair Powell says interest rates are ‘likely to be higher’ than previously expected
The Fed may need to raise interest rates more than previously expected amid signs that inflationary pressures in the economy remain abnormally strong.
Jerome Powell will ‘avoid this question as much as he can’: Thomas Hoenig
Former Federal Reserve Bank of Kansas City President and CEO Thomas Hoenig argues a U.S. recession is 'inevitable' if the Fed keeps raising rates.
Fed Chair Powell in congressional hot seat as sticky inflation squeezes Americans
The Fed said in its semi-annual monetary report to Congress that additional interest rate hikes are necessary with inflation remaining abnormally high.
Fed’s rate moves put manufacturing sector at risk
Inflation and a slowdown in international demand threaten US manufacturing base. A looming recession and weaker manufacturing data has experts worried.
Wall Street is forecasting a 'hard landing' for US economy: Kenny Polcari
Hodges Capital Management founder Craig Hodges and SlateStone Wealth chief market strategist Kenny Polcari discuss how markets will respond to Fed Chair Jerome Powell testifying before congress on 'The Claman Countdown.'
Inflation is Fed's number one priority: Stephen Steinour
Huntington Bancshares chairman and CEO Stephen Steinour weighs in on Jerome Powell's inflation battle as the economy shows 'increasing signs of stress' on 'The Claman Countdown.'
Artificial Intelligence is next big investing trend: Kenny Polcari
SlateStone Wealth chief market strategist Kenny Polcari discusses when the Fed could cut rates and if it's too early to invest in A.I. on 'Varney & Co.'
Biden's fiscal path is not sustainable: Phillip Swagel
Congressional Budget Office Director Phillip Swagel discusses Biden's plan to address social security insolvency in his federal budget proposal on 'Cavuto: Coast to Coast.'
Biden budget to reignite debate over spending
Former Acting White House Chief of Staff Mick Mulvaney discusses Biden's FY2024 budget, arguing Congress needs to look at what they want to spend.
Housing affordability is at the lowest level in over a decade
Americans' ability to buy a house is at the lowest level since 2006 because of high mortgage rates and steep home prices, according to Atlanta Fed data.
Recession is inevitable, stock market crash is not: Jason Katz
UBS managing director Jason Katz explains why the stock market will likely not suffer a 'cataclysmic' event when the economy enters recession on 'Varney & Co.'
Overwhelming amount of US veterans say they can't make ends meet in this economy
CEO of The Wounded Warrior Project, Mike Linnington, joined FOX Business' "The Big Money Show," Friday, to discuss the daunting results of a recent annual survey among wounded veterans.