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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 […]
Elon Musk becomes first person ever to reach $500 billion net worth: report
Niles Investment Management founder Dan Niles discusses Tesla’s potential $1 trillion compensation plan for Elon Musk on ‘The Claman Countdown.’ Elon Musk on Wednesday reportedly became the first person in history with a net worth of $500 billion. The Tesla and SpaceX CEO’s fortune crossed the half-trillion mark around 3:30 p.m. ET, putting him about […]
SAG-AFTRA condemns AI-generated actress ‘Tilly Norwood’ creation in Hollywood
Manward Press Chief Investment Strategist Shah Gilani joins ‘Varney & Co.’ to discuss artificial intelligence’s impact on the stock market. The Screen Actors Guild–American Federation of Television and Radio Artists (SAG-AFTRA) condemned the creation of actress “Tilly Norwood” through artificial intelligence in a statement Tuesday. Tilly Norwood was first introduced by Xicoia, the artificial intelligence […]
Amazon launches new grocery brand merging Fresh and Happy Belly products
Federal Trade Commission Chairman Andrew Ferguson explains Amazon’s billion-dollar settlement with the Federal Trade Commission on ‘Making Money.’ Amazon announced Wednesday the launch of Amazon Grocery, a new private-label brand that merges popular items from Amazon Fresh and Happy Belly into one “grocery essentials” collection. The retail giant’s new brand features more than 1,000 grocery […]
NYC mayoral race boosts suburban housing demand as Mamdani leads polls: report
United Refining Company Chairman and CEO John Catsimatidis weighs in on New York City’s mayoral election after Eric Adams dropped out of the race on ‘Mornings with Maria.’ New York City’s suburban housing markets are reportedly seeing a surge in demand as the mayoral race heads toward the Nov. 4 election, with Democratic Socialist Zohran […]
Drought drives cattle inventory to 1951 lows; beef prices surge
Kelly Saberi of Fox Business joins ‘Varney & Co.’ to discuss a decrease in cattle leading to a record high price of beef. Beef prices are at a record high in the wake of a drought that left cattle inventory at the lowest level in 70 years amid strong demand, resulting in price increases for […]