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Sweden’s socialist experiment failed with 500% interest rates in 1992
FOX Business anchor David Asman joins ‘Mornings with Maria’ to break down his new series examining socialism’s global failures as the ideology gains traction in the U.S. Sen. Bernie Sanders and a lot of other socialists didn’t do their homework when they were praising European socialism. “We should look to countries like Denmark, like Sweden […]
Federal deficit hits $1.8 trillion with record debt interest costs
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 Congressional Budget Office (CBO) on Wednesday released data showing the federal government ran a $1.8 trillion budget deficit in fiscal year 2025 amid mounting […]
FAA reports staffing shortages, weather cause flight delays nationwide
The Points Guy founder Brian Kelly explains how the government shutdown is exacerbating FAA and air traffic controller staffing shortages on ‘The Claman Countdown.’ The Federal Aviation Administration issued an updated operations plan on Thursday outlining how staffing shortages and weather are continuing to impact Air Traffic Control (ATC) facilities nationwide. At least nine ATC […]
Silver tops $50 an ounce for first time amid geopolitical, economic uncertainty
Pacer ETFs President Sean O’Hara discusses the benefits of ETFs and lays out his favorite investments on ‘The Claman Countdown.’ Silver surpassed $50 an ounce for the first time on Thursday amid a supply shortage and an economic environment that bolsters precious metals. Spot silver briefly rose above $51 an ounce during Thursday’s trading session […]
Boston weighs government-owned grocery stores amid rising food costs: report
Jack Otter leads a ‘Barron’s Roundtable’ panel discussion on Fed cuts, grocery prices, AI, Oracle’s price spike and how Trump’s immigration crackdown is affecting the markets. Boston officials are reportedly weighing the concept of creating government-owned grocery stores to support residents struggling with the rising costs of food. City Council President Ruthzee Louijeune and Councilor […]
Lay’s undergoes brand redesign, including cleaner ingredients
HHS Secretary Robert F. Kennedy Jr. discusses efforts to phase out petroleum-based synthetic dyes in the nation’s food supply on ‘Jesse Watters Primetime.’ PepsiCo’s Lay’s has become the latest in a series of household names that are redesigning their brand with a more modern edge. PepsiCo announced the “largest brand redesign in Lay’s nearly 100-year […]
IRS announces 2026 tax changes with higher standard deductions and brackets
FOX Business’ Gerri Willis has the details on the investment strategy on ‘Varney & Co.’ The Internal Revenue Service (IRS) on Thursday announced annual inflation adjustments for dozens of tax provisions, along with changes made under the One Big Beautiful Bill Act (OBBBA). The IRS’ announced changes primarily apply to tax year 2026. The standard deduction, claimed […]
Florida’s largest grocery chain permits open carry while others ban guns
Check out what’s clicking on FoxBusiness.com. The largest grocery store chain in Florida is now allowing open carry of firearms in its hundreds of locations across the Sunshine State. Publix – which has 882 stores in Florida according to its website – began allowing the practice in recent weeks, according to local reports. “As of […]
Mall-to-housing conversions creating mixed-use developments nationwide
‘The Big Money Show’ panel analyzes a a mortgage rate trend that could hit homebuyers hard. Traditional shopping malls, once bustling centers of commerce, are now being converted into mixed-use communities that incorporate residential housing, adding much-needed housing supply to the market. The move is far from solving the housing affordability crisis – a challenge […]
City Harvest celebrity golf tournament raises funds for 1.5M meals
Check out what’s clicking on FoxBusiness.com. City Harvest, New York’s first and largest food rescue organization, was back with its sixth annual Celebrity Chefs & Friends Golf and Tennis Tournament to help raise money for an amazing cause. Montclair Golf Club in West Orange, New Jersey was the site for some friendly competition on the […]