Economy

In this May 11, 2021, file photo, Energy Secretary Jennifer Granholm speaks during a press briefing at the White House in Washington.

Dry Energy. Granholm says gas prices will be ‘rough’ this summer, though they’ve poked fun at them before

NEWYou can now listen to Fox News articles! US Energy Secretary Jennifer Granholm said ‘this summer is going to be tough’ for drivers due to record gasoline prices, which hit $5 a gallon on Thursday, although they have already laughed a question about Americans concerned about gas prices. During an appearance on CBS News Wednesday …

Dry Energy. Granholm says gas prices will be ‘rough’ this summer, though they’ve poked fun at them before Read More »

Tom Campbell, seated at an office table, gestures with his outstretched hands.  The photo was taken after attending the January 6, 2021 rally for President Donald Trump in Washington, DC

Entity linked to billionaire Bill Gates pays $13.5 million for Campbell Farms farmland in North Dakota – Agweek

GRAFTON, ND – An entity associated with Bill Gates, the billionaire co-founder of Microsoft, appears to have purchased approximately 2,100 acres of farmland in North Dakota’s northern Red River Valley as part of a deal quietly concluded with the owners of Campbell Farms, a potato farming group headquartered in Grafton, North Dakota, last November. No …

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President Joe Biden is interviewed by Jimmy Kimmel

Biden tells Kimmel oil companies’ fault over gas prices: ‘No one is listening to him,’ says economics professor

Brian Brenberg, Fox News contributor and professor of economics at King’s College, rips President Biden blaming oil companies for rising gas prices. Fox News contributor and King’s College economics professor Brian Brenberg ripped President Biden after blaming oil companies for high gas prices during his appearance on ABC’s “Jimmy Kimmel Live!” Wednesday. “The oil companies, …

Biden tells Kimmel oil companies’ fault over gas prices: ‘No one is listening to him,’ says economics professor Read More »

Goldman Sachs CEO worries more about recession than his own economists: NPR

Goldman Sachs CEO worries more about recession than his own economists: NPR

David Solomon, Chairman and CEO of Goldman Sachs. Patrick T. Fallon/AFP via Getty Images hide caption toggle caption Patrick T. Fallon/AFP via Getty Images David Solomon, Chairman and CEO of Goldman Sachs. Patrick T. Fallon/AFP via Getty Images For college graduates who want to make money and live in New York, landing a job at …

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Janet Yellen

US wants to end dependence on Chinese rare earths, says Yellen

Find out what clicks on FoxBusiness.com. The United States wants to end its “undue dependence” on rare earths, solar panels and other key products from China to prevent Beijing from cutting off supplies as it has done for d other countries, said US Treasury Secretary Janet Yellen. Yellen, who arrived in Seoul on Monday evening, …

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jamie dimon

Massive Wall Street layoffs feared as bank profits a reservoir

Wall Street has spent the last year gorging on bankers. Get ready for the Big Puke. Rumors of hiring freezes and even layoffs have begun to circulate at financial firms, as soaring interest rates and recession fears have stifled appetite for mergers, IPOs and more. transactions with large companies, sources told the Post. At an …

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Central banks adopt steep hikes to support currencies and fight inflation

Central banks adopt steep hikes to support currencies and fight inflation

A series of sharp rate hikes by the Federal Reserve has put pressure on central banks around the world to follow suit to counter soaring inflation and the strong dollar. Financial Times analysis has found that central banks are opting now, more than at any other time this century, for steep rate hikes of 50 …

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copper cable

Copper prices fall, triggering another recession warning

Villere Balanced Fund portfolio manager George Young explains why he’s bullish on copper in ‘The Claman Countdown’. Copper suffered its worst weekly fall since the early days of the COVID-19 pandemic, flashing the latest warning sign that a recession could be on the horizon. The metal – a major component of electronics and engines that …

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From December: How months of talks between Biden and Manchin on Build Back Better fell apart

Manchin torpedoes Democrats’ hopes of enacting sweeping climate action and tax hikes

The two had been negotiating for months and Schumer, a Democrat from New York, had made a number of concessions to reduce climate provisions to appease Manchin, whose support is essential in an equally decided Senate. In a radio interview on Friday, Manchin disputed the characterization that he had blown up negotiations with Schumer, but …

Manchin torpedoes Democrats’ hopes of enacting sweeping climate action and tax hikes Read More »