Economy

Twitter's legal team slams Elon Musk's attempt to terminate deal to acquire

Twitter is suing Elon Musk to force him to complete the acquisition

Musk’s attorney alleged in Friday’s letter that Twitter (TWTR) is “in material breach of several provisions” of the agreement, saying the company withheld data requested by Musk to assess the number of bots and spam accounts on the platform. Twitter’s legal team hit back in a letter on Monday, calling Musk’s attempted firing “invalid and …

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closed small business, inflation

Small business sentiment plunges to 48-year low as inflation worries rise

Mark Grant, chief market strategist at Colliers Securities, says he thinks the Consumer Price Index and Producer Price Index data will be higher than the previous month. Small business confidence fell again in June as fears of runaway inflation persisted, with most business owners since 1980 saying rising prices were their biggest problem, according to …

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Karine Jean-Pierre

White House downplays upcoming release of ‘high’ inflation numbers

Find out what clicks on FoxBusiness.com. White House press secretary Karine Jean-Pierre said on Monday that the administration expects high inflation when the new consumer price index (CPI) is released on Wednesday, but played down any wrongdoing. of President Biden on the matter. “On Wednesday we have new data on the CPI and inflation, and …

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Gasoline prices in California

Americans’ inflation expectations hit new 11-year high in June, says New York Fed

SlateStone Wealth’s Chief Market Strategist Kenny Polcari reveals where he “strategically” puts money in the market on “Varney & Co”. According to a key New York Federal Reserve survey released on Monday, consumer expectations for where inflation will be a year from now hit a new high in June, a worrying sign for the U.S. …

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Chelsea Manning bullish on Bitcoin technology but 'skeptical' of economic impact

Chelsea Manning bullish on Bitcoin technology but ‘skeptical’ of economic impact

Chelsea Manning became interested in Bitcoin when the project was still in its infancy, but not because of the disruptive ambitions of users or alleged payment networks. The American activist and whistleblower, who sent classified information to Wikileaks in 2010 regarding the wars in Afghanistan and Iraq, said Bitcoin appealed to his passion for cryptography …

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I'm the chief economist for a $5 billion real estate securities and data company.  Here are 5 things you need to know about the housing market now

I’m the chief economist for a $5 billion real estate securities and data company. Here are 5 things you need to know about the housing market now

Marc Fleming Housing has become increasingly unaffordable for millions of Americans – with house prices and mortgage rates continuing to rise (see the lowest rates you could qualify for now here). So, as part of our series where we ask leading economists and real estate professionals for their views on the housing market, we spoke …

I’m the chief economist for a $5 billion real estate securities and data company. Here are 5 things you need to know about the housing market now Read More »

President Joe Biden speaks at the White House

Larry Kudlow: I still think we’re at the start of a recession

FOX Business host Larry Kudlow pays tribute to Shinzo Abe’s legacy and calls out Democrats’ fiscal and spending spree on “Kudlow.” I would like to begin this evening with my sincere condolences to the family of the former Prime Minister Shinzo Abe and to the people of Japan. During my three years in government, I …

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