fox-business/markets/economy
Supreme Court tariff case sees betting odds drop to 24% for Trump
U.S. Treasury Secretary Scott Bessent weighs in on the Supreme Court’s skepticism of the legality of President Donald Trump’s tariffs and newly elected New York City Mayor Zohran Mamdani on ‘Kudlow.’ Traders on prediction platforms Kalshi and Polymarket are betting that the nation’s highest court is unlikely to rule in favor of President Donald Trump‘s […]
New York, New Jersey lose nearly $700B from their tax base since 2013: report
New York state lawmaker and Assembly Ways and Means Committee Ranking Member Ed Ra weighs in on whether Mayor-elect Zohran Mamdani’s tax plans could become a reality. A new analysis finds that the states of New York and New Jersey have lost billions of dollars from their tax base amid an exodus of residents in […]
LARRY KUDLOW: Are booming stocks signaling a Trump boom?
Since the April bottom that followed some tariff confusion, the Dow Jones is up 27%, NASDAQ up 53%, and S&P up 37%. We don’t have a lot of official numbers because of the government shutdown, but I’m gonna go by the huge stock market performance. It’s telling us there’s a boom ahead. We may already […]
America’s housing regulations helped create its own affordability crisis
Jim Tobin, president and chief executive officer of the National Association of Home Builders, told Fox News Digital that he expects current inflation rates, tariffs and other economic pressure points impacting home buyers and builders to ease. Brick by brick, regulation by regulation, America built its own housing crisis. Experts say the problem is cemented […]
Wendy’s to close hundreds of US stores amid slowing sales
Fast food workers are struggling to afford to eat the meals they serve, according to a new report. Fast food giant Wendy’s plans to close hundreds of its U.S. stores next year as part of a broader effort to revive its domestic business, which has been under pressure from slowing sales. Interim CEO Ken Cook […]
VA loans offer veterans 0% down payment options for home purchases
Military veterans and the CEOs of RedBalloon and MilitaryHire speak exclusively to Fox News Digital about how they’re helping service members transition into the civilian workforce. U.S. military veterans are eligible for a wide range of benefits through the Department of Veterans Affairs (VA), with popular benefits ranging from healthcare to assistance funding higher education […]
Americans spending smarter as prices stabilize, DoorDash report shows
DoorDash’s Chief Analytics Officer Jessica Lachs breaks down how everyday items — from fries to fresh produce — help illustrate the real cost of living across America. Americans are finally catching their breath. A new DoorDash report shows that after years of rising prices, families are spending smarter, small businesses are holding steady and paychecks […]
Trump warns Supreme Court of $3 trillion economic unwind over tariffs
‘The Big Money Show’ panel discusses President Donald Trump’s tariff-divided plan for lower and middle-income Americans. President Donald Trump issued a warning Monday on Truth Social, claiming the U.S. Supreme Court received “the wrong numbers” in a pending case that challenges his authority to impose tariffs under emergency powers. Trump said an adverse decision could […]
Williams Companies gets permits for Northeast Supply Enhancement Pipeline
Williams Companies CEO Chad Zamarin discusses the Northeast Supply Enhancement Pipeline on ‘The Claman Countdown.’ Williams Companies announced Monday they have been granted the clean water permits they need for their Northeast Supply Enhancement (NESE) Pipeline Project. After three rejections, New York and New Jersey finally granted permission for the $1 billion underwater pipeline that […]
Visa and Mastercard reach settlement to lower merchant swipe fees
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. Visa and Mastercard announced Monday that they reached a proposed settlement that would lower charges that merchants pay to the credit card networks. While […]