There’s a blue collar boom out there – that’s what investors are telling us and that’s the subject of the riff.   The Trump trade on Wall Street is predicting a blue-collar boom for the economy. Since election night, the Dow Jones is up over 2,000 points – including over 500…

In an exclusive interview on FOX Business, Nvidia founder, CEO and President Jensen Huang expanded on “the big idea” behind the artificial intelligence (A.I.) boom, what it means for human jobs and the company’s plan to ramp up its chip production. “A.I. can do a lot of our tasks, but…

Securities and Exchange Commission (SEC) Chair Gary Gensler on Thursday announced the timeline for his departure from the regulatory agency he’s led for more than three years. Gensler will resign from the SEC at noon on Jan. 20, 2025, with his departure set to occur on Inauguration Day, at the time…

Walmart Chief Financial Officer John David Rainey warned that President-elect Trump’s proposed tariffs could lead to higher prices for Walmart shoppers.  “Tariffs are going to be inflationary. There’s no disputing that,” Rainey said during an interview with Liz Claman on “The Claman Countdown” on Thursday. “Likely consumers are going to…

Mortgage rates climbed closer to 7% this week while sales of existing homes saw a revival from a dip in rates two months ago. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage rose to 6.84% from last week’s reading…

Ford Motor Co. expects a major reduction in its European workforce due to stricter emissions standards on electric vehicles, which the company cites as a key factor in its cutbacks. On Wednesday, the automotive giant announced that 4,000 jobs would be slashed across the U.K. and Europe by 2027 amid…

Weighing in on rumblings around a potential Trump-appointed crypto czar, popular entrepreneur Kevin O’Leary called on whoever’s nominated to put an end to regulatory indecision. “We’ve got to stop these shenanigans because this is a technology that affects all 11 sectors of the economy,” O’Leary said on “Fox & Friends”…

SHANGHAI/HONG KONG – Major Chinese fund companies announced a big reduction in fees for a batch of equity exchange-traded funds (ETFs) on Wednesday, intensifying price competition in the rapidly expanding $400 billion sector of the market. The move to cut management and custodian fees by as much as 70% came…

Billionaire entrepreneur Peter Thiel says President-elect Trump and Vice President-elect JD Vance were not wrong when they pointed to immigration as a driver of high housing costs on the campaign trail, suggesting the concept is basic economics. During a recent interview on Bari Weiss’ “Honestly” podcast, Thiel noted that he…

The state of Michigan is on track to allow for the unionization of home health care workers, including caregivers aiding ill and infirm family members, starting next year in a move that critics say would hurt caregivers. The Democrat-controlled Michigan Legislature passed legislation that was signed by Democratic Gov. Gretchen Whitmer…