4Q GDP weaker than expected
4Q GDP read comes in below expectations at 2.7 percent. FOX Business' Cheryl Casone with more.
UK trade chief rips Biden's 'protectionist' policies
U.K. Business and Trade Secretary Kemi Badenoch on Tuesday slammed President Biden's Inflation Reduction Act as "protectionist" and warned it could cause supply chains to fail.
Credit card debt higher than savings for record percentage of Americans
A record percentage of U.S. adults say their credit card debt is now higher than their emergency savings as stubbornly high inflation chews away at consumers' budgets.
In the next presidential term, US will hit a 'very serious, dangerous milestone': Maya MacGuineas
Committee for a Responsible Federal Budget President Maya MacGuineas discusses the rising U.S. debt, Biden's budget, cutting government spending and the fate of social programs.
President of St. Louis Fed pushes for steeper rate hike amid fears of 1970s-style inflation spiral
Federal Reserve policymakers should approve a steeper interest rate hike at their next meeting in order to get inflation under control, James Bullard said.
No compelling reason to invest in this market: Teddy Weisberg
Meridian Equity Partners senior managing partner Jonathan Corpina and Seaport Securities founder Teddy Weisberg analyze the concerns facing the U.S. economy on 'The Claman Countdown.'
Fed officials signal more rate hikes likely amid sticky inflation, minutes show
Minutes from the Federal Reserve's January meeting show that officials expect to continue raising rates in 2023 – and keep them elevated for "some time."
Inflation 'beast' was bigger than Fed's 'transitory' forecast: Scott Martin
Kingsview Asset Management CIO Scott Martin discusses if investors trust the Fed and whether home prices need to correct on 'Cavuto: Coast to Coast.'
Home purchase applications plunge to 28-year low as mortgage rates jump
Mortgage applications tumbled more than 18% last week, the biggest monthly drop since 2015, as rates climb higher and home prices remain abnormally high.
Market bottoms when Fed stops hiking rates: Lou Basenese
Public Ventures President Lou Basenese joins 'Varney & Co.' to discuss the markets, the Federal Reserve's handling of rate hikes, and treasuries.
Intel slashes dividend
The Intel Corp.’s board of directors announced the reduction of its quarterly dividend to $0.125 per share of the company’s common stock due to macroeconomic uncertainty.
Vivek Ramaswamy: 'I'm an unapologetic America first conservative'
Vivek Ramaswamy, who just entered the 2024 presidential race, discusses his political agenda, telling 'Varney & Co.' he aims to revive the nations 'basic ideals' and rediscover what America is.
Housing market has a 'silver lining': Adam Johnson
Bullseye American Ingenuity Fund Portfolio Manager Adam Johnson and Payne Capital Management President Ryan Payne discuss their outlooks for the housing market, retail industry, and prospects of a recession.
Citigroup sees a 'less hard' landing for global economy
Citigroup raised its forecast for global growth slightly to 2.2% for 2023 and expects the Fed to hike interest rates three times.
Walmart CEO on food inflation: Some is 'stubborn, mid-double digit'
Executives at Walmart on Tuesday provided their observations on food inflation the company has been seeing as they discussed the retail giant's fourth-quarter earnings.
Goldman Sachs: three more Fed rate hikes coming this year
Interest rates are likely to go higher than the Fed previously forecast with inflation remaining abnormally high, according to Goldman Sachs economists.
Investing legend Mark Mobius: India is the richest, untapped investment opportunity
Mobius Capital founding partner Mark Mobius discusses the impact of the Russia-Ukraine war on emerging markets and analyzes the global economy on 'The Claman Countdown.'
BlackRock's Gargi Chaudhuri: It's time to believe the Fed's inflation mantra
BlackRock managing director Gargi Chaudhuri discusses if investors should believe Fed Chair Jerome Powell when he says the inflation fight is far from over on 'The Claman Countdown.'
Fed rate hikes will have 'depressing impact' on earnings: Jonathan Murray
UBS Financial Services managing director Jonathan Murray and 'Two for the Money' author David Murray discuss if money market accounts are a good place for investors to park their cash until the stock market stabilizes on 'The Claman Countdown.'
Bond yield nears 4% for 10-year Treasury, 2-year nears 2007 high
The 10-year and 2-year U.S. Treasury yields are up on Tuesday as Wall Street traders consider the potential of additional rate hikes from the U.S. Federal Reserve.