fox-business/economy
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 […]
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 […]
USDA warns some HelloFresh ready-made meals may contain listeria contamination
U.S. Secretary of Agriculture Brooke Rollins says the agency is ‘hyper-focused’ on ending waste, fraud and abuse, and talks latest policy initiatives. Federal officials are warning consumers that certain meals from HelloFresh contain spinach that may have been contaminated with listeria. The U.S. Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS) issued the […]
Private data shows essentially no job growth in September, economist says
U.S. Labor Secretary Lori Chavez-DeRemer discusses the impact of the shutdown on jobs data, government layoffs and more during an interview on Mornings with Maria. A leading economist is warning that job creation in the U.S. economy is slowing to a crawl as the ongoing government shutdown precluded the release of the September jobs report last […]
Rite Aid closes all remaining stores after filing bankruptcy twice
The ‘Barron’s Roundtable’ panel discusses lack of labor data reporting and gives tips on stocks thriving during the shutdown. Pharmacy chain Rite Aid closed all of its locations after filing for bankruptcy twice in less than two years. The retailer posted a brief announcement on its website. “All Rite Aid stores have now closed,” the […]
Socialism’s dismal failure across Latin America from Cuba to Venezuela
FOX Business anchor David Asman joins ‘Mornings with Maria’ to preview his series exploring the failures of socialism worldwide amid its surge in popularity in America. I saw a lot of socialist experiments in Latin America and the results weren’t pretty. If Americans want to see how badly socialism works, they don’t have to go […]
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 […]
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 […]
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 […]
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 […]