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Shutdown delays September jobs report as economists expected 50,000 jobs added
Federal Reserve Bank of Chicago President Austan Goolsbee discusses the impact a government shutdown would have on the agency, inflation and more on ‘The Claman Countdown.’ The ongoing partial government shutdown prevented the Labor Department from releasing the anticipated September jobs report as scheduled on Friday, causing economic data watchers to turn their attention to alternative […]
Why are mortgage rates rising even after the Fed cut rates?
Managing Director at Madison Ventures Plus Mitch Roschelle joins ‘Varney & Co.’ to break down the New York exodus to the suburbs and why rising mortgage rates are squeezing buyers. Mortgage rates have climbed for the second straight week, despite the Federal Reserve delivering its first interest rate cut in nearly a year, underscoring that […]
Apple removes ICE tracking app after pressure from Bondi DOJ
Acting U.S. Attorney for the Northern District of Texas Nancy Larson discusses dangers posed by ICE tracking apps. FIRST ON FOX: Apple dropped ICEBlock, a widely used tracking tool, from its App Store Thursday after the Department of Justice raised concerns with the big tech giant that the app put law enforcement officers at risk. DOJ […]
Cracker Barrel ends partnership with Prophet after failed rebrand backlash
Founder of XX-XY Athletics Jennifer Sey analyzes why customers rejected the pitch to change the restaurant chain’s logo on ‘The Evening Edit.’ Cracker Barrel is ending its partnership with Prophet, the consulting firm behind its failed rebrand. The chain faced intense backlash after unveiling a new logo and redesigned stores that longtime fans said stripped […]
Family claims Universal missed warning signs before ride death
Attorney Ben Crump recently announced multiple victims have come forward with alleged injuries in relation to a fatal incident on an Epic Universe roller coaster in Orlando, Florida. (WOFL) Attorneys representing the family of a 32-year-old man who died after riding on Epic Universe’s Stardust Racers roller coaster in Orlando, Florida, claim the incident was […]
What’s the significance of Trump’s push to remove Lisa Cook from the Fed board?
Kenny Polcari, SlateStone Wealth chief market strategist, discusses whether the Fed can live with 3% inflation on ‘Varney & Co.’ President Donald Trump’s effort to remove a member of the Federal Reserve’s Board of Governors comes amid his push to reshape the composition of the central bank’s panel that makes interest rate decisions. Trump attempted to fire […]
ETFs see billions in new money flowing their way again as markets touch record highs
Pacer ETFs President Sean O’Hara discusses the benefits of ETFs and lays out his favorite investments on ‘The Claman Countdown.’ Investors have plowed more than $900 billion into U.S. exchange-traded funds so far this year. Investors are putting more money than ever into exchange-traded funds, and Washington just took a step that all but ensures […]
Maxwell House is changing its name for the first time in 133 years
Starbucks CEO tells Fox Business that the coffee chain is ‘ahead of schedule’ in its major turnaround effort, Maxwell House is changing its name for the first time in its 133-year history. The coffee brand, owned by Kraft Heinz, will temporarily be renamed “Maxwell Apartment,” a move it said it made “to meet the needs […]
Experts predict minimal market impact from new government shutdown
Goldman Sachs’ Meena Flynn says U.S. GDP will take a hit every week of the government shutdown, but S&P and others tracking for record highs on ‘The Claman Countdown.’ A partial government shutdown began on Wednesday with Republicans and Democrats at an impasse over spending levels, which has increased uncertainty over economic conditions and how financial […]
Tom Brady bets on AI-backed robotic massage as the future of elite wellness
Seven-time Super Bowl champion Tom Brady and Aescape CEO Eric Litman discuss the NFL star’s partnership with next-generation AI massage technology on ‘The Claman Countdown.’ During his storied NFL career, Tom Brady won more Super Bowls than any other player in history. Since stepping away from the football field, Brady has cemented himself as an […]