Economy

Former Home Depot chief executive officer praises Trump’s ‘creative’ duty plan

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Former Home Depot chief executive officer and chairman Bob Nardelli compares Trump and Kamala Harris’ economic campaign approach on ‘Cavuto: Coast to Coast.’ #foxbusiness Subscribe to Fox company! https://bit.ly/2D9Cdse Watch more Fox company Video: https://video.foxbusiness.com Watch Fox company Network Live: http://www.foxnewsgo.com/ FOX company Network (FBN) is a financial news channel delivering real-time information across all … Read more

The economy is slowing dramatically: William Beach

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Economic Policy Innovation Center senior fellow William Beach breaks down signs of weakness in the economy on ‘Making Money.’ Subscribe to Fox enterprise! https://bit.ly/2D9Cdse Watch more Fox enterprise Video: https://video.foxbusiness.com Watch Fox enterprise Network Live: http://www.foxnewsgo.com/ FOX enterprise Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main … Read more

Economist warns rate cuts may not be the answer amid US fiscal deterioration

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A ‘Mornings with Maria’ panel discuss the August jobs data and the state of the U.S. economy. Subscribe to Fox enterprise! https://bit.ly/2D9Cdse Watch more Fox enterprise Video: https://video.foxbusiness.com Watch Fox enterprise Network Live: http://www.foxnewsgo.com/ FOX enterprise Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered … Read more

Why sector volatility is here to stay | The company | ABC News

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Investors may have certainty that US rate cuts are starting in September, but it’s unclear what economic conditions those cuts will bring. Investors are closely watching every data release and communication from central banks for a sense of clarity. The VIX Index has hit one month high. Global strategist at Rabobank, Michael Every says investors … Read more

Why the iron ore price is under pressure | The company | ABC News

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The Chinese property crisis has led to stock piles of iron ore and finished steel products, which has sent the price of Austalia’s biggest export falling. Senior Equities adviser at Bell Potter Securities, Giuliano Sala Tenna says he’s expecting to see a correction in the industry as the price comes down closer $US80 per tonne. … Read more

Is Australia heading towards a buyers' industry? | The enterprise | ABC News

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Australia’s multi-speed property industry results in a confusing start to the spring selling season. Property listings are up, but demand is down, leading to a slow start in Australia’s largest cities, Sydney and Melbourne. CoreLogic’s data reveals prices have continued to rise in August, with home values increasing in Sydney (+0.3 per cent), Brisbane (+1.1 … Read more

'ODDS OF RECESSION': Strategist gives clues the economy is weakening

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Crossmark Global Investments chief sector strategist Victoria Fernandez analyzes the economy and explains why Nvidia stock sold off after its earnings beat on ‘Making Money.’ #foxbusiness #makingmoney Subscribe to Fox company! https://bit.ly/2D9Cdse Watch more Fox company Video: https://video.foxbusiness.com Watch Fox company Network Live: http://www.foxnewsgo.com/ FOX company Network (FBN) is a financial news channel delivering real-time … Read more

Is the economy slowing to a recession or soft landing?

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US GDP (gross domestic product) for 2024’s second quarter was revised for a second time, the US Bureau of Economic study raising the print from 2.8% to 3%. While the data may be a tailwind for the Federal Reserve, does the data signal headwinds for the other segments of the economy? Citi senior global economist … Read more

Cash strapped consumers signal challenging times for big retailers | The enterprise | ABC News

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Wesfarmers chief executive officer Rob Scott says it’s been a challenging year in the retail space and he hopes the stage 3 levy cuts will provide a bit of relief to households under pressure from higher home loan repayments and soaring rents. He spoke to The enterprise after the firm, which owns Kmart, Target and … Read more

'OVERBLOWN REACTION': sector expert says S&P 500 is ready to rip

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The Kobeissi Letter editor-in-chief Adam Kobeissi discusses whether the Magnificent Seven shares are undervalued on ‘Making Money.’ #foxbusiness #makingmoney Subscribe to Fox enterprise! https://bit.ly/2D9Cdse Watch more Fox enterprise Video: https://video.foxbusiness.com Watch Fox enterprise Network Live: http://www.foxnewsgo.com/ FOX enterprise Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main … Read more