Eurozone Economic Confidence Near 2-Year Low

Eurozone economic confidence weakened to the lowest level in nearly two years in September as all surveyed business sectors reported marked declines, signaling a recession in the currency bloc, survey results from European Commission showed Thursday. The economic confidence index declined more-than-expected to 93.7 in September from 97.3 in the previous month. The index hit the lowest since November 2020. […]

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Final GDP reading likely to confirm US economy entered a recession in the spring

video Fed’s inflation response will drive America into ‘deep recession’: Jeremy Siegel Wharton business school professor Jeremy Siegel analyzes the Federal Reserve’s policies, warning that the Fed’s actions will make a “deep recession” inevitable. Did the U.S. economy actually slide into a recession in the first half of the year? New data that will be released by the government on […]

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U.S. New Home Sales Unexpectedly Rebound Sharply In August

New home sales in the U.S. unexpectedly showed a substantial rebound in the month of August, according to a report released by the Commerce Department on Tuesday. The report showed new home sales skyrocketed by 28.8 percent to an annual rate of 685,000 in August after plunging by 8.6 percent to a revised rate of 532,000 in July. The surge […]

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The British pound has taken a tumble. What's the impact?

video Why is the strong dollar wreaking havoc on the market? Phil Blancato and Ann Berry provide insight on the Fed’s response to rising inflation and the state of the U.S. economy on ‘Making Money.’ The British currency has taken a plunge, sliding against the U.S. dollar to touch an all-time low. It's a sign of the alarm in financial […]

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Regional airline has solution for pilot shortage

video FOX Business Flash top headlines for September 22 Check out what’s clicking on FoxBusiness.com Mesa Airlines bought 29 two-seat aircraft for its pilot development program as part of its efforts to combat the ongoing pilot shortage, the regional airline announced Thursday. The planes will help build the airline's pilot development program, which aims to provide pilots with an accelerated […]

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