Trump touts 32,000 new Pennsylvania jobs as American manufacturing returns
‘The Big Money Show’ discusses how President Donald Trump’s economic agenda is delivering results as employment rises and manufacturing expands.
Trump visits Mack Trucks plant in battleground Pennsylvania district to tout economic agenda as midterms loom
Trump visits Mack Trucks facility in Macungie, Pennsylvania, touting 32,000 new jobs and 2,600 manufacturing jobs created in the commonwealth.
Jeff Bezos predicts AI will create a labor shortage, not replace human workers across the economy
Jeff Bezos says AI will create a labor shortage and won't replace humans, offering an optimistic outlook at the VivaTech technology conference in Paris.
Federal Reserve leaves interest rates unchanged as Warsh era begins
The Fed left interest rates unchanged in June as Fed Chair Kevin Warsh led his first monetary policy meeting at the central bank, which faces elevated inflation due to the Iran war.
Acting Labor Secretary pressures 53 states and territories to tackle unemployment insurance program fraud
Acting Labor Secretary Keith Sonderling is calling on governors to take action to target unemployment insurance program waste, fraud and abuse.
EV-maker Rivian cuts hundreds of jobs after launching new SUV
Rivian laid off hundreds of workers in its service and customer division as the EV maker restructures teams to profitably scale its business.
Kevin Warsh's first Fed press conference looms as inflation surge makes rate cuts increasingly unlikely
The Federal Reserve is expected to hold rates steady as inflation rises to 4.2%, with new Fed Chair Kevin Warsh set to hold his first press conference.
Outdoor retailer closing nearly 60 stores amid bankruptcy
Boating retailer West Marine filed for Chapter 11 bankruptcy and submitted plans to shutter 59 locations while pursuing strategic reorganization.
Mortgage rates tick higher, but buyers show signs of confidence
Mortgage rates ticked higher this week, with Freddie Mac reporting the average 30-year fixed loan rose to 6.52% as homebuyers continued to enter the market.
America can't compete with China in AI without these workers, Meta's president says
America's Workforce Academy offers paid training and guaranteed job opportunities for electricians and technicians needed to build AI data centers.
Major Carl’s Jr operator reportedly set to shutter, sell dozens of California locations
One of California's largest fast-food franchise operators is moving to close and sell dozens of burger restaurants following a bankruptcy filing.
Amazon strikes deal with Corning to boost fiber-optic production for data centers
Corning chairman and CEO Wendell Weeks discusses the company's newly announced partnership with Amazon to expand fiber-optic production for data centers on 'The Claman Countdown.'
Meta launches $115M skilled trades academy with guaranteed jobs for graduates in 4 states
Meta launches America's Workforce Academy with $115 million investment, offering free skilled trades training with guaranteed jobs for all graduates.
AI remains top reason for US job cuts for third straight month as employers axed 97,000 workers in May
AI was the leading reason cited for U.S. job cuts for the third consecutive month, with 97,006 layoffs announced in May, according to new data.
Brenberg: I wonder if there's a 'little bit of good cop, bad cop' going on right now
'The Big Money Show' panel breaks down the markets and the economy, as well as foreign policy as President Donald Trump pushes for diplomacy.
Warsh is in a 'precarious situation,' Jason Katz says
UBS managing director and senior portfolio manager Jason Katz joins 'Varney & Co.' to discuss the rotation and rally in the markets and his concern over the Fed's next move regarding rates.
Higher interest rates are 'kryptonite' to real estate market, Jeff Sica warns
Circle Squared Alternatives founder Jeff Sica discusses the May jobs report, how it impacts the real estate markets and the warns of the implications if the Federal Reserve increases interest rates on 'Varney & Co.'
Hibbett Sports owner plans to close 175 underperforming stores in major North American reorganization
Hibbett Sports will close around 175 stores over the next three years as parent company JD Sports pursues a cost-cutting and optimization strategy.
The Fed could make this economy 'WORSE': Expert
Ironsides macroeconomic managing partner Barry Knapp discusses how a blowout May jobs report has fundamentally crushed near-term rate cut expectations and complicated incoming Fed Chair Kevin Warsh's policy launch.
Barry Knapp slams outdated Fed models, urges Warsh to strip Big Tech accommodation
Barry Knapp slams outdated Fed models, urges Warsh to strip Big Tech accommodation