Check out what’s clicking on FoxBusiness.com. JPMorgan on Wednesday cut its expectation for U.S. real gross domestic product for the second half of 2022 and for 2023. Ticker Security Last Change Change % JPM JPMORGAN CHASE & CO. 120.10 -2.18 -1.78% The firm’s economic and policy research department cut its […]
FOX Business News
New York AG launches investigation of social media companies after Buffalo shooting
Check out what’s clicking on FoxBusiness.com. New York Attorney General Letitia James opened an investigation into social media companies on Wednesday after a gunman opened fire at a grocery store in Buffalo over the weekend, killing 10 people and wounding three others. The suspect, 18-year-old Payton Gendron, allegedly livestreamed the […]
Snap CEO Evan Spiegel pays off student debt for Los Angeles art school graduates
Panel on cancelling student debt Snap CEO and co-founder Evan Spiegel is handing out the ultimate graduation gift to the 285 graduates of Otis College of Art and Design in Los Angeles. The nonprofit institution — located in the Westchester area of Los Angeles near LAX — said in an […]
Russia hides its economic status from the world during Ukraine war, journalist finds
Fox News’ Amy Kellog speaks with Russian economist Pyotr Mironenko speaks about the narrative Vladimir Putin is spreading regarding the strength of the Russian economy “Russia’s so-called ‘special military operation’ in Ukraine has not just led to the international isolation of the Russian economy but to new levels of government […]
Inflation hits rural towns: ‘Groceries, utilities, gas, we’re seeing it everywhere’
If you think the price you’re paying for gas, groceries, or a candy bar has gone up, you are correct. Inflation is affecting the U.S. now more than ever, and rural areas have it worse than others. MIDLAND, Texas – If you think the price you’re paying for gas, groceries, […]
BBB warns against baby formula scams amid national shortage: ‘Scammers are watching’
Kaltbaum Capital Management President Gary Kaltbaum provides insight on the baby formula shortage and the market on ‘Making Money.’ The Better Business Bureau (BBB) is warning parents that baby formula scams could be on the rise as the national formula shortage receives mainstream attention. Hypervigilance is recommended when searching for […]
Kudlow: A hallmark of Biden world is state control
FOX Business host weighs in on criticism the president has faced on ‘Kudlow.’ We begin tonight with a fabulous quote from my hero Elon Musk: “In the past I voted Democrat, because they were (mostly) the kindness party, but they have become the party of division & hate, so I […]
Baby formula crisis: Dem lawmaker questions Abbott on how it spent savings from GOP tax cuts
Kaltbaum Capital Management President Gary Kaltbaum provides insight on the baby formula shortage and the market on ‘Making Money.’ Democratic Sen. Ron Wyden is demanding answers from the nation’s largest baby formula manufacturer over its business practices while suggesting the GOP tax cuts could have contributed to the ongoing infant […]
Morgan Stanley raises recession odds for the next year as inflation surges
Former Trump senior economic adviser Steve Moore discusses how Biden is handling inflation. The risk of a recession in the U.S. is growing rapidly, according to Morgan Stanley economists, as stubbornly high inflation threatens to weigh on economic activity. In a Monday analyst note, the bank strategists lifted their forecast […]
White House admits stock market ‘not something we keep an eye on every day’
Wells Fargo Advisor Senior Vice President Mark Smith addresses record inflation rates and how it relates to plummeting stock prices on ‘Making Money.’ White House press secretary Karine Jean-Pierre said Wednesday that the stock market, which continues to witness erratic trading amid soaring inflation, is not something the White House […]