Stuart Varney: The US is in a banking crisis...and we don't know where it's going
FOX Business' Stuart Varney argued Biden's government spending and the Federal Reserve's "massive" money printing program helped create the current banking crisis.
First-time homebuyers battling rapid decline in affordability: Numbers 'just not working'
Homeowner-hopefuls Sam and Jacky Pascal describe the emotional journey of being unable to find a suitable first-time home amid worse affordability than the 2008 crash.
Discussions held to protect deposits if more banks fail: report
The Federal Reserve and FDIC have reportedly discussed creating a fund to protect deposits if more banks come under financial distress.
Silicon Valley Bank collapse: Mark Cuban says Fed should 'immediately' take this action
Mark Cuban raised questions about how regulators had allowed Silicon Valley Bank to end up in such a vulnerable position, and demanded that the Federal Reserve take immediate action.
Job growth spikes push Fed toward more aggressive interest rate hikes
The economy added more than 300,000 jobs, beating expectations in February. This strong job market combined with ongoing high inflation may push the Fed to take a more aggressive stand toward interest rate increases.
Gas prices increase, but the tide may change: AAA
Gas prices increased for the week ending March 9, 2023. But global oil costs, low demand and other factors may lead to a drop in gas prices.
US job growth surges again in February as economy adds 311,000 new positions
The February payroll report released Friday provided a key snapshot of the labor market's health amid the Fed's aggressive interest rate-hike campaign.
High-stakes February jobs report expected to show hiring cooled off
The Labor Department's February payroll report will shed light on the health of the labor market amid steeper interest rates when it is released on Friday.
Mortgage rates climb for fifth week on job growth and inflation
The Federal Reserves renewed hawkishness as inflation continues has sent Mortgage rates soaring to the highest its been since November.
Jobless claims rise sharply to highest level since December
Applications for U.S. unemployment benefits last week climbed to the highest level since late December, pointing to some softness in the labor market.
You can’t fire them, they quit
There are still far more job openings than there were before the pandemic giving the Federal Reserve an opening to attack inflation with steeper rate hikes.
Steeper Fed rate hike back on table after Powell's hawkish testimony
Bets are climbing that the Federal Reserve raises interest rates by a half-percentage point later this month in the face of stubbornly high inflation.
Home Depot founder schools Fed, Biden over the 'tragedy' that comes with inflation
Home Depot co-founder and billionaire Ken Langone warns inflation is "the most regressive tax of all," arguing Joe Biden and Jerome Powell can't avert a serious financial crisis.
Job openings dipped in January but remain historically high
The Labor Department reported on Wednesday that there were 11 million job openings at the end of January, a sign the labor market remains extremely tight.
Stock market will crash in 60 days, best-selling author on Lehman collapse warns
Market risk indicators are signaling one of the highest probabilities of a crash in the next 60 days. The Bear Traps report founder Larry McDonald advises on how to allocate your capital.
The Fed is expected to raise its interest rate hikes this year
The Fed is expected to increase its interest rate hikes after recently slowing down the pace. Fed Chair Jerome Powell told a Senate panel that the central bank may keep raising rates in light of stubborn inflation and a growing economy. Here’s how to deal with high-interest debt under any economic condition.
Private sector job growth grows by 242,000 in February, better than expected: ADP
Private U.S. companies added 242,000 new workers in February as the labor market remains strong even in the face of inflation and rising interest rates.
Larry Summers offers projection of how high Fed will lift interest rates, says recession could happen
Larry Summers on Monday offered his 'best guess' of how high the Federal Reserve will hike interest rates and said there could potentially be a recession.
Fed's Jerome Powell, Sen. Elizabeth Warren clash in tense exchange over rate hikes
Federal Reserve Chair Jerome Powell fired back at Sen. Elizabeth Warren in a tense exchange Tuesday over the potential impact of the central bank's interest rate hikes.
Americans feeling most pessimistic about financial future since 2010, survey shows
A Fannie Mae survey shows that Americans are increasingly pessimistic about their financial prospects amid rising interest rates and stubborn inflation.


















