Fed likely to slow interest rate hikes at final meeting of the year

video Federal Reserve will do whatever it takes to get inflation under control: Blancato Advisor Group chief market strategist Phil Blancato and G Squared Private Wealth CIO and founding partner Victoria Greene provide insight on the Fed’s decision to raise interest rates again on “Making Money.” The Federal Reserve is set to slow its rapid pace of interest rate increases […]

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UK Unemployment Rate Rises, Wage Growth Strengthens

The UK jobless rate edged up again in the three months ended October as firms held back recruitment amid recession fears but wage growth remained strong, fueling pressure on the Bank of England to hike interest rates further in a bid to rein in inflation. The ILO jobless rate climbed to 3.7 percent in the three months to October, figures […]

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$300 Rebate Checks From Hawaii: You Can Still Claim It

Hawaiians who have been waiting for their Act 115 refund can expect the money later this year or early next year. Most taxpayers have already received their rebate checks from Hawaii of up to $300. However, those who filed their taxes late and taxpayers whose payment has been withheld by the tax department may still be waiting for their rebate […]

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Can Qantas’ Kiwi rival bounce back from COVID?

Like most airlines around the world, Air New Zealand has had a turbulent time over the past couple of years. From COVID-19 grounding the industry to recent capacity constraints, supply chain issues, sustained staffing complications and the volatile price of jet fuel, you’d be forgiven for thinking twice about investing in any airline at the moment. Air New Zealand chief […]

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November inflation breakdown: Where are prices rising the fastest?

video Consumer inflation cooled in November November CPI report lighter than expected. FOX Business’ Cheryl Casone with more. Inflation continued to grip the U.S. economy in November as the soaring cost of rents and food kept consumer prices painfully high.  The Labor Department said Tuesday that the consumer price index, a broad measure of the price for everyday goods including […]

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Inflation eases more than expected in November to 7.1%, but consumer prices remain elevated

video Can inflation return to pre-pandemic levels under Biden administration? Florida Rep. Kat Cammack and former Trump economic adviser Steve Moore discuss inflation and Arizona Sen. Kyrsten Sinema’s departure from the Democratic Party on ‘The Evening Edit.’ Inflation moderated more than expected in November, an early sign that painfully high consumer prices are beginning to loosen their stranglehold on the […]

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North Carolina power grid attack exposes vulnerabilities, prompts scrutiny of other recent attacks

video FOX Business Flash top headlines for December 9 Check out what’s clicking on FoxBusiness.com After unknown bad actors attacked a pair of power stations in North Carolina and left thousands in the dark for days, new reports are surfacing that similar facilities around the country have been attacked recently, highlighting the vulnerability of U.S. critical infrastructure and the electrical […]

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The hard times are coming for the Australian economy

It’s clear the economy’s started slowing, with the strong bounceback from the lockdowns nearing its end. That’s before we’ve felt much drag from the big rise in interest rates. Or the bigger economies pulling us lower, which is in store for next year. To be sure, the economy’s closer to full employment than we’ve been half a century. But limiting […]

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