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.
Larry Summers' new warning: Fed heading for 'stagflation and recession'
Former Treasury Secretary Larry Summers slammed the Federal Reserve Wednesday for being too timid in its fight against inflation.
Path to tamping down inflation is raising interest rates: Market expert
Penn Mutual Asset Management portfolio manager George Cipolloni discusses the Federal Reserve’s interest rate hikes and inflation.
Sovos Brands CEO: Inflation has affected operations the most
Todd Lachman explains how the Russia-Ukraine war and inflation is impacting business on 'The Claman Countdown.'
Fed rate hikes: Experts predict which sectors could be hit hardest
Revere Securities CSO Scott Fullman and NatAlliance Securities global fixed income head Andy Brenner analyze the impact of rising interest rates on 'The Claman Countdown.'
New York manufacturing activity slumps to lowest level since 2020
Manufacturing activity in New York state plunged in March for the first time since the early days of the COVID-19 pandemic as orders and shipments dropped and delivery times increased.
US could get into an inflationary spiral ‘unlike anything we’ve seen’: Kevin Hassett
Hoover Institution distinguished visiting fellow Kevin Hassett weighs in on inflation and the possibility of a recession.
Ryan Payne: This is the kind of good news you want to see
Payne Capital Management President Ryan Payne discusses consumer trends as inflation rips through U.S.
Republicans urge Newsom to suspend California gas tax as prices skyrocket
The California tax is used to fund roads and other infrastructure projects; the state's Legislative Analyst's Office projected the tax will generate about $8.8 billion in revenue during the 2021-22 fiscal year.
Biden's inflation blame game leans on shifting scapegoats
Biden has recently made a concerted effort to blame Russia's ongoing invasion of Ukraine as the main source of economic turmoil in the U.S., pointing to disrupted markets.