Nebraska governor: Gas, diesel prices putting ‘huge burden’ on farmers, everyday households
Nebraska Governor Pete Ricketts discusses inflation and energy prices.
Picasso painting fetches $67.5M at auction
Pablo Picasso’s “Femme nue couchée” was sold at Sotheby’s, auction on Tuesday. The painting was purchased by Amy Cappellazzo, who is the former head of Sotheby’s global fine art division.
Mortgage demand plummets as interest rates hover near 13-year high
Although mortgage rates have receded slightly from the record high notched last week, the average rate on the 30-year loan is still around 5.378%. By comparison, just one year ago, the 30-year rate stood at 3.00%. Since the start of the year, rates have jumped 2% – the fastest pace of growth since May 1994.
Federal Reserve doing ‘very little’ to alleviate financial pain: Marc Lopresti
The Strategic Funds managing director discusses the Federal Reserve and their response to rising costs in the retail sector on ‘Mornings with Maria.’
Investment expert warns US in 'largest bubble of our lifetime'
Eddie Ghabour, the co-founder of Key Advisors Group LLC, warns the Fed is 'going to suck liquidity out of the system' and the bubble 'is going to burst.'
Biden admin risks Americans' retirement accounts to push climate agenda, GOP leaders in 24 states warn
A Biden administration rule threatens Americans' retirement funds by prioritizing 'speculative and immaterial risks' from climate change over real returns, attorneys general and treasurers from 24 states wrote in a letter challenging the proposal.
Polls start to close in several key primary races
Panel discusses Pennsylvania senate races and the chances of Rep. Madison Cawthorn, R-N.C., winning reelection despite several controversies on 'Kennedy.'
Elon Musk, Jeff Bezos slam Biden's policies
Fox Business contributor Charlie Hurt reacts to the billionaires taking on the president over inflation on 'Fox Business Tonight.'
Pelosi says 'indictment' might be needed over baby formula shortage
House Speaker Nancy Pelosi said Tuesday that "there might be need for indictment" over the ongoing baby formula shortage in the U.S.
Powell says Fed 'won't hesitate' to hike interest rates until inflation falls
Fed policymakers hiked the benchmark federal funds rate by a half point earlier this month, and Chairman Jerome Powell has all but promised that two, similarly sized increases are on the table at the forthcoming meetings in June and July.
Inflation is going to swamp any other issue: Hugo Gurdon
Washington Examiner's Hugo Gurdon on the three-way clash in the GOP Pennsylvania Senate primary and the impact inflation could have on the Democrats in 2022.
Former Disney cast member: ‘You can’t find me at the parks’
Former Disney cast member discusses the rising costs of Disney World and the changes within the corporation.
April retail sales rise 0.9%, even as consumers confront sky-high inflation
U.S. consumers continued to open their wallets in April, even as inflation hovered near a 40-year high.
Labor shortage in airline industry ‘driving prices for consumers higher’: Expert
Third Bridge global sector lead Peter McNally argues that the labor shortage won’t be ‘quickly’ resolved and is unfortunately ‘here with us to stay.’
Airline cost, capacity and consolidation key issues in industry: Expert
Third Bridge global sector lead Peter McNally provides insight into how the U.S. economy is impacting the airline industry.
Mayor Suarez to tech CEOs: Miami is a ‘place of freedom’
Miami Mayor Francis Suarez pitches his city as tech companies’ new headquarters, claiming the city is ‘fundamentally American and free market.’
Miami mayor on Silicon Valley’s ‘great migration’ to Florida
Miami Mayor Francis Suarez discusses the incentives for technology companies moving their offices to the Sunshine State.
FOX Business Flash top headlines for May 17
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2 plead guilty in scheme to manipulate Amazon Marketplace
Two more defendants have pleaded guilty for their role in a multimillion-dollar scheme to manipulate the Amazon Marketplace e-commerce platform.
'Bezos extraordinarily concerned that this White House is destroying the Democratic party': WSJ deputy editor
FOX Business contributor and Wonder Land columnist for the Wall Street Journal Dan Henninger discusses the Biden administration's response to inflation and the baby formula shortage on 'FOX Business Tonight.'