video Sandra Smith: The American consumer is on the hook for this ‘America Reports’ co-host weighs in on the state of the American economy as Biden signs up for climate reparations on ‘Kudlow.’ Best Buy CEO Corie Barry weighed in Tuesday on how she thinks consumers are behaving amid current economic conditions, calling their response "unsettled and uneven." Ticker Security […]

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video Daniel Turner: Diesel shortage is coming at the ‘worst possible time’ Power the Future executive director Daniel Turner analyzes the Biden administration’s stance on coal, fossil fuels and alternative energy sources on ‘Fox Business Tonight.’ Nationwide, truckers and trucking companies have been dealing with the rising prices of diesel since this summer. They say they are seeing no sign […]

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video Even the economic theologians will have to acknowledge we are in a recession: Steve Forbes Forbes Media chairman Steve Forbes discusses how food prices are still on the rise and the damage the Fed has done on ‘Fox Business Tonight.’ Amazon founder Jeff Bezos on Saturday offered some advice to individuals and small business owners as he noted the […]

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Tyson Foods, Inc. (TSN) reported that its fourth-quarter adjusted earnings per share declined 29% from a year ago. Adjusted operating income was $823 million, down 29% from prior year. Tyson Foods noted that its productivity program, announced one year ago and designed to deliver more than $1 billion in recurring annual savings by the end of 2024, has accelerated ahead […]

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The UK economy contracted for the first time in six quarters in the three months ended September, which is likely to be the beginning of a prolonged recession as projected by the Bank of England. Gross domestic product shrank 0.2 percent sequentially, offsetting the 0.2 percent gain in the second quarter, the first estimate from the Office for National Statistics […]

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video Fed reacting to backward-looking data, inflation likely peaked: Brent Schutte Northwestern Mutual Wealth Management Chief Investment Strategist Brent Schutte and Raymond James Washington Policy Analyst Ed Mills discuss which directions the market will go after midterm elections on ‘The Claman Countdown.’ A high-stakes inflation report due Thursday is expected to show the fight to wrestle stubbornly high consumer prices […]

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China consumer price inflation slowed more than expected in October on weaker demand and producer prices declined for the first time since December 2020, official data revealed on Wednesday. Consumer prices grew 2.1 percent in October from the same period last year, the National Bureau of Statistics reported. This was slower than the 2.8 percent increase posted in September and […]

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German sports sneaker and apparel maker Adidas AG (ADDYY.PK,ADDDF.PK) reported that its third quarter net income attributable to shareholders dropped to 347 million euros or 1.91 euros per share from 960 million euros or 4.94 euros per share in the prior year. Quarter net income from continuing operations declined to 66 million euros from the prior year’s 479 million euros. […]

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The decline in Germany’s factory orders deepened in September due to a sharp fall in foreign demand, data from Destatis showed on Friday. Factory orders declined by more-than-expected 4.0 percent on a monthly basis, following a 2.0 percent fall in August. This was the biggest fall since March 2022. Orders were forecast to ease 0.5 percent. Excluding large-scale orders, there […]

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The Federal Reserve on Wednesday announced its widely expected decision to raise interest rates by another 75 basis points. Citing efforts to achieve maximum employment and inflation at the rate of 2 percent over the longer run, the Fed announced its decision to raise the target range for the federal funds rate to 3.75 to 4 percent. The Fed also […]

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