Cost of oil draining ‘lifeblood of the American farmer,’ NJ family owned-business says
Donaldson Farms owners in New Jersey discussed the impact of skyrocketing inflation on their business and warned that they will have to pass on the rising costs of everything from oil to labor to consumers.
Inflation will be long-term problem if Fed doesn’t ‘wake up and smell the coffee’: Art Laffer
Art Laffer warns of a 'deep recession' if the Fed doesn't raise rates more aggressively.
Fuel 'lifeblood of the American farmer': NJ farm owner
The brothers who own Doladson farms in N.J. discuss the impact of inflation and warn that they will have to pass on rising costs to consumers.
The Fed has ‘not a clue’ how to stop inflation: Laffer
Former Reagan economist Art Laffer argues interest rate hikes need to be higher, otherwise the U.S. economy could face ‘tragedy.’
Joe Biden making every single error in the book: Laffer
Former Reagan administration economist Art Laffer says he can’t think of one Biden policy that won’t damage the economy.
Fed following ‘aggressive’ rate hikes, may ‘lead to recession’: Kyle Bass
Hayman Capital Management founder and CIO Kyle Bass argues if the Federal Reserve follows an ‘aggressive hiking regime into oil price spike,’ it may lead to recession.
Inflation is ‘chain weighted,’ Fed in ‘real predicament’: Kyle Bass
Hayman Capital Management founder and CIO Kyle Bass provides insight into how inflation is impacting the U.S. economy.
Surge in gas prices signals ‘inflation bomb’: Expert
Macro Trends Advisors founding partner Mitch Roschelle says the increase in oil prices is recessionary and inflationary.
Oil price surge signals ‘inflation bomb’ coming, expert warns
Macro Trends Advisors founding partner Mitch Roschelle says coupling the rise of oil and other commodities will create both inflationary and recessionary consequences.
The Fed's rate hikes make investors 'a little bit nervous'
Villere & Co. portfolio manager Sandy Villere and Macro Trends Advisors founding partner Mitch Roschelle on how long the Federal Reserve can raise interest rates before trouble ensues.
Here's how the Fed's rate hike could impact mortgages
Though mortgage rates do not follow the federal funds rate, they do typically follow the yield on the 10-year Treasury. Following the Fed's announcement, the 10-year Treasury yield spiked to 2.246%, its highest level since May 2019.
Fed's Powell inflation message clashes with White House
Federal Reserve Chair Jerome Powell said recent holdups at the Fed don't impact the ability to fight inflation — which is not what the White House has said.
Bull market will experience a correction: Economist
Hugh Johnson Economics chief economist Hugh Johnson and Comerica Wealth Management CIO John Lynch react to the Fed's inflation plan on 'The Claman Countdown.'
Gravitate towards financials to take advocate of inflation: Expert
Great Hill Capital chairman Thomas Hayes and Seaport Securities founder Teddy Weisberg discuss investing strategies for a rising rate environment on 'The Claman Countdown.'
Fed rate hike plan didn't spook markets, here's why
LPL Financial senior market strategist Ryan Detrick and NatWest Markets co-head of global economics Michelle Girard assess the Fed's inflation forecast on 'The Claman Countdown.'
Major food CEOs getting 'ahead of the curve' with price hikes: Catsimatidis
Red Apple Group and Gristedes CEO John Catsimatidis says all major food brands will increase prices within the next 60 days.
Fed raises interest rates for first time in 3 years, projects 6 more hikes as inflation soars
The Federal Reserve on Wednesday announced it will raise rates for the first time since 2018, bringing to an end the ultra-easy monetary policy put in place two years ago to prop up the economy through the COVID-19 pandemic.
Apple supplier Foxconn resumes some work in Shenzhen, China, after COVID lockdown
Foxconn, one of Apple's biggest suppliers, announced Wednesday that it had partially resumed production in a key Chinese city after new COVID-19 restrictions forced the company to temporarily suspend operations.
Senate committee to vote Wednesday on Biden's Fed nominees after Raskin bows out
The U.S. Senate Banking Committee plans to hold a meeting Wednesday to vote on advancing four nominees for the Federal Reserve, including the renomination of Chairman Jerome Powell.
Despite high gas prices, spring break travelers ‘ready to break out’: AAA
Spring breakers are not letting surging gas and vacation rental prices stop their travel plans, according to AAA.