Fox Business Flash top headlines for May 16 Check out what’s clicking on FoxBusiness.com. Nubank on Monday posted a surge in revenue that beat expectations, as the Warren Buffett-backed digital bank benefited from a healthy […]
Bezos vs. Biden: Amazon founder says White House using 'misdirection' to 'muddy the topic' on inflation
Bezos sounds off on the White House over inflation Moody’s Analytics chief economist Mark Zandi on Jeff Bezos slamming the Biden administration’s handling of inflation, government spending and recession fears. The war of words between […]
The City Where People Pay the Lowest Housing Costs in Every State
U.S. home sales skyrocketed during the COVID-19 pandemic – hitting a 15-year high of 6.1 million in 2021. The spike in demand, coupled with declining inventory, have put upward pressure on housing prices. Renters have […]
Goldman strategists warn S&P could drop another 11% if recession hits
Market expert warns to ‘watch out’ for inflation through 2024 Research Affiliates founder and Chairman Rob Arnott gives his market outlook amid 40-year high inflation. The S&P 500 has gotten crushed in a widespread sell-off […]
WGA Members Ratify New Contract With CBS News
Some 260 WGA members employed at CBS News have voted overwhelmingly to ratify a new three-year contract. The new agreement, which was approved by 89% of those who voted, the guild said Monday, covers WGA […]
Action Plan To Boost Supply Of Affordable Housing In US
The Biden administration unveiled an action plan Monday aimed at easing the burden of housing costs by boosting the supply of quality housing in every community. The President’s Housing Supply Action Plan includes legislative and […]
House prices: Will house prices drop in 2022? Expert predictions
House prices: Expert discusses 'interesting' pricing differences We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties […]
Household debt surges to more than $15 trillion in Q1, according to NY Fed
Household debt surged in the first quarter, despite rising interest rates. Americans are continuing to borrow money despite rising interest rates, sending household debt up $266 billion (1.7%) in the first quarter of 2022, according […]
Crypto 'winter is here': Expert
Crypto expert on turbulent market as it experiences ‘one of the biggest dips’ Delta Blockchain Fund founder Kavita Gupta argues a ‘crypto winter is here.’ Delta Blockchain Fund founder Kavita Gupta explained on Monday why […]
China’s Lockdown Problem: Analysts Upgrade or Downgrade JD.com, Marathon Petroleum, Netflix and More
Markets edged lower to start out the week after a wave of Chinese economic data came in showing a weaker-than-expected recovery for the People’s Republic. The Nasdaq was leading the charge lower with a loss […]