Former Trump deputy national security adviser K.T. McFarland sounded the alarm over China’s “aggressive” push to lead the new world order, telling “Varney & Co.” that U.S. diplomacy in Ukraine has been a “huge fail,” and that China has positioned itself as “the future” while telling the rest of the […]
FOX Business News
This week’s personal loan interest rates surge for 3- and 5-year fixed-rate loans
Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were higher for 3- and 5-year loans compared to the previous seven days. For borrowers with credit scores of 720 or higher who used the Credible marketplace to select a lender between March 13 […]
Bank turmoil could bring ‘vicious’ end to bear market, Morgan Stanley says
Turmoil within the banking sector is likely to bring a “vicious” start to the end of the bear market in U.S. stocks, according to Morgan Stanley. Michael Wilson, the chief U.S. equity strategist at Morgan Stanley and a longtime Wall Street bear, said in an analyst note on Monday that […]
New York Community Bankcorp shares soar on Signature deal
Shares of New York Community Bancorp jumped Monday, gaining almost 40% when U.S. trading opened. The Hicksville, New York, financial institution announced its Flagstar Bank unit is buying certain assets and assumed certain liabilities of Signature Bridge Bank from the Federal Deposit Insurance Corporation. All regulatory approvals, including approval from […]
Stuart Varney: Bailouts are bad, but a crash is worse
During his “My Take,” Monday “Varney & Co.” host Stuart Varney addressed recent banking fears raised by the specter of a 2008-like financial crisis, arguing that, 15 years ago, Washington faced a similar bailout situation, and that, now, if confronted with the same decision, politicians would likely vote to bail […]
Today’s 30-year mortgage rates plummet below 6% | March 20, 2023
Based on data compiled by Credible, mortgage rates for home purchases have fallen across all key terms since last Friday. Rates last updated on March 20, 2023. These rates are based on the assumptions shown here. Actual rates may vary. Credible, a personal finance marketplace, has 5,000 Trustpilot reviews with […]
Biden family makes ‘admission of corruption’ in foreign business deals: China expert
After President Biden claimed allegations of family payments from Hunter Biden’s business associate are “not true,” one China expert and author has signaled an “admission of corruption” from the First Family. “The spokesperson for Hunter Biden’s legal team said that, oh, this is okay because this was seed money, good […]
Home price appreciation slowed again in December, but 2022 was still a big year for growth: Case-Shiller
Fewer buyers in the market pushed annual home price gains lower in December for the sixth consecutive month. Despite the continued cooling in prices, 2022 posted the 15th-highest annual growth rate in the S&P CoreLogic Case-Shiller Indices report’s 35-year history. Home prices across the U.S. increased by 5.8% annually in December, down […]
Biden’s IRS targets small businesses, families: Army of 87,000 agents must be defunded
For months, Republicans warned President Joe Biden’s push to hire 87,000 Internal Revenue Service (IRS) agents in the Inflation Act would pave the way for more audits on small businesses and families across America. The president, his administration, and Democrats in Congress have gone to great lengths to attempt to dispute this fact. Yet Treasury Secretary Janet […]
Federal Reserve sounded alarm about Silicon Valley Bank’s risk management in 2019: report
The Federal Reserve began sounding the alarm about Silicon Valley Bank’s (SVB’s) risk management arm starting at least four years ago in 2019, according to a report. In January 2019, the Fed issued a warning known as a “Matter Requiring Attention,” a citation a step-down from an enforcement action, about […]