Fed officials expect to keep interest rates elevated for 'some time,' minutes show
Minutes from the Federal Reserve's December meeting show that policymakers expect to continue raising rates in 2023 – and keep them elevated for "some time."
Elon Musk taps first right hand as possible successor: Tom Zhu
Global news reports say Elon Musk has picked his successor at Tesla: Tom Zhu Xiaotong, vice president in charge of the Asia-Pacific, amid criticism Musk has been distracted since acquiring Twitter.
Washington leadership in a 'two-handed' fight over inflation: John Lonski
Thru the Cycle President John Lonski discusses the impact on inflation from federal spending, the downturn in the housing sector, and the impact of a recession on the 10-year treasury yield.
Silver and gold poised to shine in 2023
With inflation, recession and a volatile stock market expected to remain big themes this year, precious metals are poised to shine in 2023, say experts. Gold and silver, hedges to inflation and uncertainty, could push gold to a record $2,100+ an ounce, while silver may approach $38 an ounce, a nearly 50% jump.
Kevin McCarthy can find 'common ground' with GOP holdouts: Ronna McDaniel
RNC Chair Ronna McDaniel reacts to Kevin McCarthy falling short on his third bid to become Speaker of the House on 'Varney & Co.'
Job openings remain elevated in November despite Fed efforts to cool labor market
The Labor Department reported on Wednesday that there were 10.5 million job openings at the end of November, a sign the labor market remains very tight.
Patient investors will have 'amazing opportunities to generate wealth': Eddie Ghabour
Key Advisors Group, LLC owner Eddie Ghabour tells 'Varney & Co.' why he's taking his time buying this stock market and when the Fed is likely to cut rates.
Washington needs to make 'long-term commitment' to US oil: John Catsimatidis
CEO and Chairman of United Refining Company and Red Apple Group John Catsimatidis reacts to high food and energy prices still plaguing Americans.
US economy facing economic uncertainty in 2023
Thru The Cycle president John Lonski talks the December job report and the state of the economy heading into 2023 on ‘Fox Business Tonight.’
US home price gains fall sharply in November as rising mortgage rates cool housing market
Home prices rose 8.6% in November, according to new CoreLogic data, the smallest gain in two years as high mortgage rates exclude prospective homebuyers.
Exclusive: Qualcomm unveils secret concept car on 'The Claman Countdown'
Qualcomm CEO Cristiano Amon invites the 'The Claman Countdown' inside headquarters to showcase its concept car and discuss the tech innovator's opportunity in the auto industry.
China reopening is a 'generational market opportunity': Tom Lydon
Vettafi vice chairman Tom Lydon and Carnivore Trading CEO Dutch Masters discuss what the next big market move could be in 2023 on 'The Claman Countdown.'
Inflation in Germany reaches highest point in over seven decades
Inflation in Germany reached the highest point in over seven decades, according to the data released by the country's Federal Statistical Office.
Nearly 80% of Americans forecasting economic difficulty in new year, poll finds
Many adults in the U.S. have somber predictions about how America will fare economically in the new year, according to a Gallup poll released Tuesday.
Wall Street just as volatile in 2023 as previous year: Jonathan Hoenig
Real Talk Capital CEO Ron Luna and Capitalist Pig hedge fund manager Jonathan Hoenig discuss what's propelling the stock market sell-off on the first trading day of 2023 on 'Cavuto: Coast to Coast.'
Tech industry layoffs unfolding at faster rate than at any time during COVID-19 pandemic: report
Tech companies across industries saw more than 150,000 layoffs in 2022 -- up from the 80,000 layoffs from March to December of 2020 as larger Meta and Amazon slash their workforce.
US headed for recession and another inflation spike in 2023, famed investor Michael Burry says
The U.S. economy is likely poised to tumble into a recession and experience another inflation surge in 2023, according to hedge fund investor Michael Burry.
'Best weapon' against credit card debt is a zero percent balance transfer card: Matt Schulz
LendingTree chief credit analyst Matt Schulz discusses Americans' credit card spending during the holiday season, arguing people are still handling their business pretty well despite inflation and rising interest rates.
Bear market won't end until Fed cuts rates: Jeff Sica
Circle Squared Alternative Investments founder Jeff Sica tells 'Varney & Co.' why he's not 'enthusiastic' about stocks in 2023 and at what price Tesla becomes a buy.
Republicans need to cut government spending as much as they possibly can: Steve Moore
Former Trump administration economic adviser Steve Moore says Democrats' fiscal policy has been a 'cancer cell' to the U.S. economy.