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More than 20 states at high risk of recession, new analysis shows
UBS managing director and senior portfolio manager Jason Katz discusses whether the Federal Reserve will further cut interest rates on ‘Varney & Co.’ The economies of more than 20 states are either in a recession or are on the brink of slipping into one, according to an analysis by Moody’s Analytics chief economist Mark Zandi. […]
Prediction market traders wager millions on government shutdown length
Fox News’ Chad Pergram reports the latest on the negotiations after speaking with Republican and Democratic leadership. Traders on prediction markets are betting the federal government shutdown will stretch beyond three weeks, with lawmakers still deadlocked on a funding plan and the Senate not scheduled to vote again until next Tuesday. Traders on Kalshi give […]
Stocks sink as US-China trade war heats up, Trump threatens action
House Majority Leader Steve Scalise responds to Chuck Schumer’s shutdown comments, JD Vance’s viral post and the toll of the government standoff on families and workers. A trade spat between the U.S. and China erupted Friday, sending U.S. stocks spiraling, with all three of the major averages closing sharply lower, registering the worst session since […]
Palisades Fire in Los Angeles: How much did the devastating wildfire cost?
‘The Big Money Show’ panel reacts to the DOJ’s charges in the Pacific Palisades fire case and blasts California’s failed leadership, saying victims are still waiting for justice and rebuilding help. A man who allegedly fled California for Florida has been charged with maliciously starting what eventually became known as the Palisades Fire, one of […]
High earners lose 401k catch-up tax break starting in 2026 under new rules
‘Barron’s Roundtable’ panelists analyze what the best strategies are for maximizing the earnings in your 401(k). A popular tax break for workers nearing retirement age to make extra catch-up contributions is changing next year, which will limit access to some high earners. The IRS issued new regulations last month to implement a provision of a […]
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 […]