Fed rate hikes will trigger a downturn of greater 'speed and magnitude' than the Great Recession: Economist
The market's bubble has now "burst," and will impact "everything everywhere all at once" in the U.S. economy, economists Stephanie Pomboy and Art Laffer argue.
'Shark Tank' star Kevin O'Leary destroys 'really bad policy' in Democrat-run states
"Shark Tank" star and millionaire entrepreneur Kevin O'Leary says every American should be asking themselves why their money is being used to backstop bad policy.
Barstool’s Dave Portnoy sounds off on Silicon Valley Bank rescue: ‘That’s not right’
Barstool Sports founder Dave Portnoy criticizes federal regulators for bailing out "bad businesses," claiming that nobody rescues him when he runs out of money.
Elizabeth Warren urges Fed’s Powell to ‘step back,’ recuse himself from SVB review
Democratic Sen. Elizabeth Warren tells FOX Business that some of Fed Chair Jerome Powell's banking policy "danger" has shown itself, and he should recuse himself.
Stock market expert says Fed will pivot and cut rates 'very shortly'
After predicting a high probability of a market crash within the next 60 days, The Bear Trap Report's Larry McDonald weighs in on "the beast" that will now force Fed action.
Biden's economy has reached a 'tipping point,' budget watchdog warns
President Biden and the Fed's "tricky balancing act" to fight inflation and delay a recession "just became so much more difficult" amid bank run contagion and a big budget.
Home Depot founder schools Fed, Biden over the 'tragedy' that comes with inflation
Home Depot co-founder and billionaire Ken Langone warns inflation is "the most regressive tax of all," arguing Joe Biden and Jerome Powell can't avert a serious financial crisis.
Ford to increase production of 6 models in 2023
Ford plans to increase its production, including electric vehicles, and add more jobs as U.S. auto sales begin to recover from 2022.
US manufacturers offer way for American businesses to 'mitigate' China damage
National Association of Manufacturers CEO Jay Timmons unpacks growing calls from lawmakers and business leaders to 'decouple' the U.S. economy from China.
Markets and the Presidents Day holiday
After the market volatility of the past week, traders and investors will pause to recognize the Presidents Day holiday.
Princeton economist warns Biden’s tax on stock buybacks will hurt your 401(k)
Economist Burton Malkiel explains how corporate stock buybacks are "exactly" the kind of thing you want from a capitalist system, and says Biden's proposals are "just wrong."
The Fed, Biden using the '70s inflation 'playbook' to solve supply problem, market expert says
Is inflation's rocky landing inevitable with a "relatively clueless" Federal Reserve and Biden administration? Federated Hermes CIO Stephen Auth weighs in.
Wall Street economist says recession in 2023 will look like biggest crisis of the 1970s
Piper Sandler chief global economist Nancy Lazar warns people are too focused on a recession that feels like 2008, when it's more similar to volatility in 1973-74.
Florida orange growers struggle to keep juice on tables after 'unprecedented setbacks' squeeze industry
Beck Brothers Citrus President Glenn Beck is "trying to survive now just for the hope of a better day" as Florida's orange supply is squeezed by freezes, diseases and hurricane damage.
US fighting a remote work ‘tug of war’ as employees look for ‘compromise,’ expert says
Will employers be forced to compromise with their employees who want to work remotely and have a greater work-life balance? RedBalloon CEO Andrew Crapuchettes believes so.
Experts rip Biden admin as US oil giants bet big on Americas: ‘White House lampooning our own industry’
Stephen Schork and John Catsimatidis slammed the White House's "vitriol" towards U.S. oil producers and called for "long-term commitment" to the industry to boost jobs and the economy.
Whole Foods slammed over Maine lobster ban: It 'hurts' fishing families
Maine Lobster Association President Kristan Porter said Whole Foods' "negative message" about the industry will "hurt" fishing families' jobs and income.
Crypto investor scammed by FTX: 'I made the wrong decision'
Entrepreneur and crypto investor Evan Luthra breaks down the financial loss he suffered from the shocking collapse of the crypto exchange platform, FTX.
Mortgage rates climb back above 7%
Mortgage rates have seen record high's over the last 10 weeks, climbing to and the hovering around 7%. This week they climbed up to 7.08% doubling last year.
A survival guide for when you’ve been laid off
Being laid off from companies like Meta and Twitter due to an economy on the edge of a recession is out of your control, but here's how to control your fate.