‘The Big Money Show’ panel breaks down surging markets, rising energy costs and mounting pressure on President Donald Trump as investors bet the Iran conflict may be nearing a turning point ahead of his highly anticipated address. Gas prices are continuing to climb as the ongoing conflict with Iran drives …
Read More »Why the UK economy now lags behind the majority of US states
Forbes Media chairman Steve Forbes gives his take on the growing support for tax cuts in the U.K. and New Jersey’s tightening gubernatorial race on ‘Kudlow.’ In the 1800s, the United Kingdom was clearly the richest country in the world, with consistent, solid economic growth, a focus on science and …
Read More »San Francisco diesel prices top $8 a gallon, a first for any US city
Prime Capital Financial Chairman and managing partner Scott Colangelo breaks down his bullish outlook for the markets on ‘Varney & Co.’ For the first time on record, average diesel prices in San Francisco have surged past $8 per gallon, according to new data from GasBuddy—marking an unprecedented milestone for any …
Read More »Cambio Roasters looks to cut waste without spiking costs
Starbucks CEO tells Fox Business that the coffee chain is ‘ahead of schedule’ in its major turnaround effort, Cambio Roasters has put together a “dream team” with experience working in the C-suites of some of the biggest names in the food and beverage industries with the goal of helping to …
Read More »Amazon adds seller surcharge as oil spike from Iran tensions drives logistics costs higher
Evercore ISI Senior Managing Director Mark Mahaney explains why he is bullish on AI and examines Amazon and Google stocks on ‘Varney & Co.’ Amazon will impose new fees later this month on third-party sellers as rising oil prices tied to the ongoing war with Iran ripple through the U.S. …
Read More »US releases 10M barrels from SPR as oil prices top $112 per barrel
Allianz Chief Economic Advisor Mohamed El-Erian discusses the financial impact of the Iran conflict as oil prices surge on ‘Mornings with Maria.’ As the conflict in Iran intensifies with no immediate end in sight, the U.S. Department of Energy is tapping further into the nation’s emergency oil supply. On Wednesday, …
Read More »March jobs report shows wage growth slows below expectations
Mornings with Maria jobs panel reacts to the blowout March report as hiring crushes expectations, unemployment dips to 4.3%, and experts weigh what it means for inflation, Fed policy and the path of the U.S. economy. American workers saw rising wages in March, though the increases were lighter than expected …
Read More »Mahsa Alert app aids Iranian civilians amid war, internet blackout
Former deputy national security advisor Victoria Coates analyzes President Donald Trump’s Iran stance after a U.S. aircraft was found down in Iran on ‘The Bottom Line.’ As the U.S. and Israel round out a fifth week of war with Iran, some 93 million civilians living inside Iran are stuck in …
Read More »Saks Global secures $500M deal and eyes Chapter 11 exit this summer
Check out what’s clicking on FoxBusiness.com. The parent company of luxury retailer Saks announced Thursday that it entered into a restructuring agreement with its capital partners who committed to provide $500 million in financing when the company emerges from bankruptcy. Saks Global Enterprises filed for Chapter 11 bankruptcy protection in …
Read More »Priest shortage meets Catholic revival: Why parishes are closing amid church return
Hallow CEO and co-founder Alex Jones discusses the app’s Lent prayer challenge, the meaning of liturgical season and the surge in growth, on ‘Varney & Co.’ On paper, Catholicism looks like it’s having a moment. The global Catholic population has surpassed 1.4 billion. Eucharistic processions are drawing record crowds. And …
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