St. Louis Federal Reserve Bank president James Bullard on the state of the economy and rising inflation concerns. Major food and beverage producers are sounding the alarm on higher prices coming later this year. The warning deals another blow to consumers who are already grappling with the biggest annual price […]
FOX News
AMC shares fall after ‘short’ disclosed by Iceberg Research
Host of ‘Trey’s Trades’ on YouTube Trey Collins analyzes AMC’s market value over the past week and discusses possible penalties for naked shorting. AMC Entertainment shares closed down 4% on Friday after short-seller Iceberg Research tweeted that it had made a bearish bet against the theater chain operator’s stock. The […]
Coinbase CEO, Fed Chair Powell and Paul Ryan met in May
CareerBuilder CEO Irina Novoselsky suggests people are finding a ‘side hustle’ in cryptocurrency trading, which is keeping them from returning to work. Coinbase CEO Brian Armstrong secured a key meeting with Federal Reserve Chairman Jerome Powell. Ticker Security Last Change Change % COIN COINBASE GLOBAL, INC. 240.72 -0.72 -0.30% On […]
IBM’s Jim Whitehurst out as president
IBM’s ‘5 in 5’ tech predictions IBM announced Friday that Jim Whitehurst is out as president of the company after 14 months at the helm, detailing a major shake-up in its leadership team. Investors did not appear to take kindly to the news, as the tech giant’s stock took a […]
Country music icons Tim McGraw, Faith Hill sell Tennessee farm for $15M
Deep Cuts country music challenge Country music stars Faith Hill and Tim McGraw have reportedly sold their 620-acre-plus Tennessee farm to a new investor group for $15 million. BKDM Partners, the Columbia, Tenn., investment group that purchased the property, is comprised of Columbia Mayor Chaz Molder, Pinnacle Asset Management founding […]
Boeing shares slide as cargo plane lands in Pacific Ocean off Hawaii coast
Ryan Ewing on first Boeing 737 MAX flight Boeing Co. shares slid Friday after a cargo version of the Boeing 737 jet made an emergency landing in the Pacific Ocean. Shares of the Chicago-based planemaker declined by as much as 2.6% before paring losses. Ticker Security Last Change Change % […]
Stock futures edge higher ahead of jobs report
Hodges Capital Management founder Craig Hodges reflects on the 2021 markets thus far and looks ahead to the second half of the year. U.S. stock futures ticked higher Friday as investors awaited the June jobs report. Dow Jones Industrial Average futures were higher by 17 points, or 0.05%, while S&P […]
Bitcoin price stablizes following 5% drop
Michael Saylor and Defiance ETF CIO Sylvia Jablonski discuss the crypto space on ‘Making Money with Charles Payne’ Bitcoin was trading lower by 0.3% on Friday morning. The price was around $33,330 per coin, while rivals Ethereum and Dogecoin were trading around $2,061 and 24 cents per coin, respectively, according […]
Stock futures trade higher ahead of jobs report
Sarge986 president Stephen Guilfoyle gives his stock picks — including tech, renewable energy. U.S. equity futures are trading higher ahead of the release of the most anticipated economic report of the month. The major futures indexes suggest a gain of 0.1% when the Friday trading session begins on Wall Street. […]
New auto sales, prices rise as chip shortage cuts US supply
Check out what’s clicking on FoxBusiness.com. U.S. consumers continued to spend wildly on new automobiles in the second quarter, pushing sales up 50.2% over last year despite tight dealer inventories and record high prices. Automakers sold about 4.43 million vehicles from April through June, a figure 0.4% lower than in […]