Wall Street sends a warning as oil surge rocks markets
Wealth Consulting Group CEO Jimmy Lee says the recent market selloff is being driven by surging oil prices, not weakening fundamentals, arguing strong third-quarter earnings could create a buying opportunity for investors.
AI chips stocks will be a good industry to own for the short-term, expert says
Gradient Investments senior portfolio manager Tyler Ellegard discusses the state of A.I. chips stocks and more on 'The Claman Countdown.'
American retailer closes 25 stores as it pares back footprint to boost profits
Footwear retailer Genesco closed 25 stores during fiscal its fiscal second quarter of 2027 as part of a strategy to cut overhead, boost gross margins and lower total debt.
Nike to exit S&P 100 index after hitting weakest valuation in 12 years
Nike is set to leave the S&P 100 index on September 21st after hitting its weakest valuation in 12 years. FOX Business contributor Josh Schafer explains the athletic retailer's struggles, including a failed direct-to-consumer shift.
Wall Street panel analyzes Fed rate outlook, Canadian tariffs
Jamie Cox, Josh Schafer, and Samir Kapadia discuss the market's inflation focus ahead of the Federal Reserve meeting. The panel analyzes bond yields, Nike's exit from the S&P 100 and President Donald Trump's Canadian tariff warnings.
Campbell's cuts 13% of salaried workforce, closes plants as part of turnaround effort
Campbell's CEO Mick Beekhuizen calls results "unacceptable" as the company slashes 13% of salaried workers and targets $500 million in savings.
Dow tumbles 254 points following strong August jobs report
David Asman anchors a market check as stocks fall following a strong August jobs report. Lauren Simonetti breaks down why Zscaler, Planet Labs and gold stocks are trading lower.
Job growth rebounded in August with solid gains
The Labor Department released the August 2026 jobs report on Friday, with Bureau of Labor Statistics data showing solid job gains last month.
Bitcoin surges to three-month high as momentum builds
Market strategist Phil Rosen analyzes Bitcoin's sudden surge to a three-month high above $81,000. He discusses the digital currency's rapid momentum and points to the Treasury's bond buyback program as a primary catalyst.
Sam Altman addresses AI safety concerns with new GPT-6 Astra model
Liz Claman presses OpenAI CEO Sam Altman on the safety of the new GPT-6 Astra model. Altman addresses concerns regarding a previous AI test model breach of Hugging Face and details Astra's strict security standards.
Mortgage rates jump to highest level in over a year
The average rate on a 30-year fixed mortgage rose this week to 6.71%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.66%.
AI winners are in 'compute,' R 'Ray' Wang says
Constellation Research founder R 'Ray' Wang joins 'Varney & Co.' to break down the AI market winners and losers and who's best positioned for the next quarter.
Market turbulence ahead? Belski says stay bullish despite warnings of a choppy market
Humilis Investment Strategies CEO and CIO Brian Belski discusses the benefits of 401(k) investing, midterm market volatility, strong fundamentals and his surprise sector pick for the fourth quarter on ‘Varney & Co.’
Cheesecake Factory outperforms Nvidia year-to-date
MassMutual head of investment strategy Kelly Kowalski breaks down market trends, including Cheesecake Factory’s year-to-date surge, Nvidia’s performance and the latest Treasury yield movements on ‘The Claman Countdown.’
Uber to cut thousands of jobs in sweeping restructuring effort
The ride-hailing giant's CEO said Uber is cutting management layers, consolidating teams and requiring most remote workers to relocate to key office hubs.
Private sector added 38,000 jobs in August, below expectations, ADP says
The figure reported on Wednesday is below economists’ estimates of an increase of 48,000 jobs. The prior month's reading was revised higher to 46,000.
Oil giant Chevron strikes agreement to expand Venezuela operations
Chevron is expanding its Venezuela oil operations with more than $7 billion in planned investment and new acreage as it targets sharply higher production.
Experts analyze surging bond yields, AI capex spending
Constellation Research CEO Ray Wang and Macro Trends Advisors founding partner Mitch Roschelle join Cheryl Casone to break down rising bond yields, tech earnings from Dell and massive global AI capital expenditure.
The Venezuela oil deal may assuage gas prices ahead of midterms, Rep Pat Fallon says
Rep. Pat Fallon, R-Texas, predicts that the U.S.-Iran conflict is nearing its end due to economic pressure on the regime on ‘The Bottom Line.’
Bullish on Broadcom earnings, ‘great growth’: Infrastructure Capital Management CEO
Infrastructure Capital Management CEO Jay Hatfield breaks down the market sell-off, Broadcom earnings and his stock picks on ‘The Claman Countdown.’