BlackRock CEO says US to remain top destination for investment
Tortoise Capital’s Rob Thummel and Payne Capital Management’s Ryan Payne join Mornings with Maria to discuss record market highs, the AI infrastructure boom and how Big Tech earnings and U.S.–China trade talks could drive investor sentiment. BlackRock CEO Larry Fink said that the U.S. remains the primary destination for investors to put their assets and will […]
Government shutdown delays third-quarter GDP report as Fed estimates show growth
Bank of America CEO Brian Moynihan warns the prolonged government shutdown is dragging on the U.S. economy, delaying deals, freezing IPOs and threatening jobs as key approvals grind to a halt. The ongoing government shutdown delayed the release of the Commerce Department’s initial estimate of the third-quarter gross domestic product (GDP), as other data sources suggest […]
Fox Corp quarterly earnings show 6% advertising revenue growth in Q1
Burger King and Tim Hortons sales up on resilient traffic; Kimberly-Clark profit falls; Report: Stores offering more discounts on Hershey products; Dictionary.com picks “67” as word of the year. Shares of Fox Corporation hit an all-time high intraday Thursday after the media giant posted a record first quarter for advertising revenue. The parent company of […]
Trump and Xi set for high-stakes meeting at APEC summit in South Korea
U.S. Agriculture Secretary Brooke Rollins weighs in on the country’s trade with China and how the government shutdown is threatening SNAP funding on ‘Kudlow.’ President Donald Trump and Chinese President Xi Jinping will kick off high-stakes talks amid their ongoing trade dispute and geopolitical tensions. Trump and Xi are expected to meet on the sidelines of […]
Fed cuts interest rates for second time amid signs of labor market weakness
Jerome Powell delivers remarks after announcing the Feds decision on interest rates. The Federal Reserve on Wednesday announced its second interest rate cut of this year as policymakers moved to support the labor market despite inflation remaining above the central bank’s target. Fed policymakers voted to lower the benchmark federal funds rate by 25 basis points […]
Trump administration plans rollback of Biden-era CFPB nonbank supervision rules
Federal Reserve Gov. Stephen Miran explains how policy will be affected by the shutdown’s impact on job data reporting on ‘The Claman Countdown.’ The Trump administration is moving to roll back Biden-era rules at the Consumer Financial Protection Bureau (CFPB) that required businesses subject to federal regulatory orders to submit those for listing on CFPB registries. […]
Social Security COLA for 2026 revealed after being delayed due to shutdown
Social Security Administration Commissioner Frank Bisignano details efforts to combat waste, fraud and abuse on ‘The Bottom Line.’ The annual inflation adjustment for Social Security benefits was released on Friday, and beneficiaries are set to see larger benefits in 2026. Social Security’s annual cost-of-living adjustment (COLA) will be 2.8% next year, following the announcement by […]
September CPI: Inflation remained well above the Fed’s target
Banrion Capital Management founder & CEO Shana Sissel analyzes the Federal Reserve’s approach to inflation, the impact of AI on job markets and more on ‘Making Money.’ Inflation stayed elevated in September and remained well above the Federal Reserve’s target rate as policymakers prepare to meet next week to decide on their forthcoming interest rate […]
Oil prices jump 5% after US sanctions target Russian oil companies
Sen. Markwayne Mullin, R-Okla., joins Varney & Co. to discuss alternatives to sending Tomahawk missiles to Ukraine, sanctions on Russian oil, and President Donald Trump’s strikes on Venezuelan boats. Oil prices jumped on Thursday after the U.S. imposed sanctions on major Russian oil companies over Russia’s war in Ukraine. Brent crude futures were up 5%, […]
US national debt hits historic $38 trillion milestone for first time
Committee for a Responsible Federal Budget President Maya MacGuineas warns that the nation’s $38 trillion debt and rising spending are ‘unsustainable,’ urging lawmakers to address entitlement reform and restore fiscal discipline. The U.S. national debt surpassed another historic milestone as it topped $38 trillion for the first time this week, as the federal government continues to […]