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Private sector sheds 32,000 jobs in September: ADP
FOX Business host Charles Payne weighs in on the state of the market on ‘Making Money.’ Companies in the private sector lost 32,000 jobs in June, payroll processing firm ADP said Wednesday. The figure is below economists’ estimates of a gain of 50,000 jobs. The prior month’s payrolls number was revised downward to a loss […]
Trump withdraws E.J. Antoni as Bureau of Labor Statistics nominee
U.S. Labor Secretary Lori Chavez-DeRemer explains how the jobs report and Labor Department would be affected if the government shuts down on ‘The Claman Countdown.’ The White House confirmed to FOX Business that President Donald Trump has withdrawn his nomination of E.J. Antoni to lead the Bureau of Labor Statistics (BLS). CNN first reported the […]
Fed’s Goolsbee warns of impact a shutdown could have on economic data releases
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.’ Chicago Federal Reserve President Austan Goolsbee said Tuesday the central bank will look at alternate data sources to consider at its October meeting if upcoming economic data is not […]
Travis Kelce hosts third annual Car Jam for 87 & Running Foundation
Check out what’s clicking on FoxBusiness.com. Kansas City Chiefs star Travis Kelce is working hard to keep his team’s win streak going, but he’s also remaining a constant in his community with his third annual “Kelce Car Jam.” Before the Chiefs defeated the Baltimore Ravens at home on Sunday, the Kelce Car Jam, sponsored by […]
Charlie Javice sentenced to over 7 years in prison for JPMorgan fraud
Autonomous Research U.S. banks analyst David Smith discusses whether the JP Morgan deal with First Republic Bank puts an end to the regional bank crisis on ‘The Claman Countdown.’ Charlie Javice, the founder of the student loan startup Frank, was sentenced Monday to more than seven years in prison for cheating JPMorgan Chase out of […]
Experts predict minimal economic impact from potential government shutdown
Panelists on ‘The Big Money Show’ discuss Washington’s looming government shutdown, Obamacare subsidies and why voters’ trust in lawmakers sinks as political theater overshadows real solutions. A partial shutdown of the federal government may begin at midnight barring action by Congress on a spending bill to fund operations which could spark concern over the economic impact, […]
MLB news: Baseball fans face obstacle trying to purchase Yankees-Red Sox playoff tickets
Check out what’s clicking on FoxBusiness.com. Some baseball fans hoping to head to Yankee Stadium for the New York Yankees and Boston Red Sox American League Wild Card Series were hit with a roadblock. It is no secret that the Yankees faithful are a different animal, and that holds even more true in the postseason. […]
Gold, bitcoin and AI investments draw wealthy family office investors
VistaShares CEO Adam Patti breaks down ETFs that mimic the trade strategies of Bill Ackman and Warren Buffett on ‘The Claman Countdown.’ Some of the world’s wealthiest investors are using exchange-traded funds to access commodities, cryptocurrency and artificial intelligence. “We tend to find when clients want broad exposure, they want a SMA (separately managed account). […]
The Fed, CBO and Trump administration release conflicting economic projections
UBS managing director and senior portfolio manager Jason Katz discusses whether the Federal Reserve will further cut interest rates on ‘Varney & Co.’ The U.S. economy is at an inflection point as the Federal Reserve cut interest rates for the first time this month amid indications that the labor market is weakening despite inflation remaining above […]
YouTube parent Alphabet settles Trump content lawsuit for $24.5 million
Major tech company discusses pressure to censor accounts President Donald Trump has won a $24.5 million settlement from YouTube over the platform’s suspension of his account following the Jan. 6, 2021, Capitol riots. The Alphabet-owned company is the last of the three major social media platforms sued by Trump, alongside Meta and Twitter, now called […]