fox-business/markets/economy
US consumer sentiment holds steady in October despite inflation fears
State Street Investment Management CIO Michael Arone discusses consumer spending, defensive stocks and more on ‘The Claman Countdown.’ U.S. consumer sentiment held steady in October, though Americans’ concerns about the labor market and inflation persisted as the government shutdown began. The University of Michigan’s preliminary consumer sentiment survey for October was little changed from last month, […]
Las Vegas tourism falls 11.3% hurting Nevada employment and workers
The Venetian Resort Las Vegas President and CEO, Patrick Nichols, details the resort’s renovation project, the integration of the Sphere, tourism trends and gaining market share. The job market in Las Vegas, the economic engine of Nevada, has remained stagnant as tourism on the strip has dropped off. Nevada’s unemployment rate edged down slightly from […]
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. […]
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 […]
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 […]
Mall-to-housing conversions creating mixed-use developments nationwide
‘The Big Money Show’ panel analyzes a a mortgage rate trend that could hit homebuyers hard. Traditional shopping malls, once bustling centers of commerce, are now being converted into mixed-use communities that incorporate residential housing, adding much-needed housing supply to the market. The move is far from solving the housing affordability crisis – a challenge […]
Alaska mining project aims to reduce foreign critical mineral imports
Energy Fair Trade Coalition executive director Bret Manley explains how Chinas rare earth mineral trade with the U.S. impacts national security on Mornings with Maria. The Trump administration on Monday announced the approval of a mining project in Alaska and took a stake in a Canadian company that will potentially develop portions of the project […]