Biden’s plan to make inflation worse

FAN Editor

Former Trump administration economist Stephen Moore argues against President Biden’s three solutions for inflation. President Joe Biden has had the inflation story entirely wrong from the beginning. So it’s no surprise that his latest plan to combat gas prices that hit six dollars per gallon in some markets, unprecedented supply […]

Stock futures trade mixed to start the new month

FAN Editor

Slatestone Wealth chief market strategist Kenny Polcari predicts current bear market rallies will see a ‘refocus’ around valuation and interest rates. U.S. equity futures traded mixed as the new month begins after ending May on a down note. The major futures indexes suggest a rebound of 0.3% on the Dow […]

Wednesday’s Trading: 5 Things to know

FAN Editor

U.S. Bank Asset Management Group CIO Eric Freedman provides insight on the stock market on ‘The Claman Countdown.’ Here are the key events taking place on Wednesday that could impact trading. GET FOX BUSINESS ON THE GO BY CLICKING HERE ADP REPORT: The payroll processing firm ADP releases its National […]

Salesforce boosts profit outlook, shares rise

FAN Editor

Check out what’s clicking on FoxBusiness.com. Salesforce Inc increased its full-year adjusted profit forecast on strong demand for its software as companies look to improve efficiencies. Shares of the company traded 8% higher in the after-hours session. GET FOX BUSINESS ON THE GO BY CLICKING HERE Salesforce raised its profit […]

Wells Fargo told to fix its risk-management practices

FAN Editor

Check out what’s clicking on FoxBusiness.com. Wells Fargo & Co.  must fix its governance and risk-management issues, the chairman of the U.S. Senate Banking Committee said, highlighting what he called a “laundry list” of consumer abuses and compliance breakdowns. The bank has been plagued by weaknesses in its governance and […]