video Flight cancellations fuel Delta pilot protests Delta pilots protest across the country amid staffing shortages and flight  cancellations. FOX Business’ Lydia Hu with updates. Pilots at Delta Air Lines Inc on Friday opened voting for authorizing a strike, saying negotiations with the U.S. airline for a new contract had failed to produce an "industry-leading" agreement. The Air Line Pilots […]

Flash inflation and unemployment from the euro area are due on Friday, headlining a hectic day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany’s monthly labor market statistics. In the meantime, the Office for National Statistics releases UK revised GDP data for the second quarter. The earlier estimate showed that the economy shrank […]

video Death of Queen Elizabeth II has been ‘very tough’ for King Charles III: Royal expert Royal commentator Neil Sean discusses what kind of monarch King Charles III might be on ‘Varney & Co.’ The United Kingdom can expect a slow influx of coins bearing the portrait of King Charles III. The U.K. Royal Mint announced Tuesday that coins bearing […]

On the Mortgage Front Freddie Mac (OTCMKTS:FMCC) reported the 30-year fixed-rate mortgage averaged 6.70% as of Sept. 29, up from last week when it averaged 6.29%. The 15-year fixed-rate mortgage averaged 5.96%, up from last week when it averaged 5.44%. And the 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 5.30%, up from last week when it averaged 4.97%. “The uncertainty and […]

Social Security is set to announce a cost of living payout for recipients in the middle of next month. As it does so, two problems it has collided. Social Security payments support almost 70 million Americans. That figure is growing. The cost of living increase, which will be the largest in over a decade, accelerates the date when the fund […]

video Fed wants millions of Americans to lose jobs as it fights inflation: Fitz-Gerald The Fitz-Gerald Group principal Keith Fitz-Gerald and Sarge986 president Stephen Guilfoyle discuss the stock markets volatile reaction to the Fed’s rate hike on ‘The Claman Countdown.’ The number of Americans filing first-time unemployment benefits unexpectedly dropped to a five-month low last week, a sign the labor […]

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 the Fed’s actions will make a ‘deep recession’ inevitable According to a report released Tuesday by Bank of America, nearly two-thirds of employees are stressed about their finances amid scorching hot inflation. Bank of America said […]

In the middle of next month, Social Security payments are likely to be increased by 8% a year or better. While this is the most significant increase in 40 years, the jump will be entirely eaten up by inflation. Recipients may be worse off than when the cost of living increases were about 2%, in line with the inflation rate […]

My wife and I are over the age limit to make contributions to super. We wish to downsize from our big home to a smaller home but to ensure that we don’t get caught in the middle while we are negotiating, we would prefer to buy a new smaller home, and once that purchase has been completed, sell the family […]

Potentially signaling a recession, the Conference Board released a report on Thursday showing its index of leading U.S. economic indicators declined for the sixth consecutive month in August. The Conference Board said its leading economic index fell by 0.3 percent in August after sliding by a revised 0.5 percent in July. Economists had expected the leading economic index to come […]