Business

The Treasury Department will need to refinance nearly one-third of the more than $36 trillion in debt owed by the federal government, which serves as a backdrop to President Donald Trump's repeated calls for the Federal Reserve to cut interest rates.A report by the Treasury's Office of Debt Management for the second quarter of fiscal year 2025 shows that as of April 30, 31.4% of the outstanding national debt will be […]

As tensions between Israel and Iran escalate into open conflict, President Donald Trump has signaled that the United States may intervene both to support its ally Israel and to neutralize Iran’s advancing nuclear program. With diplomatic efforts having stalled for over two months, the prospect of military action is now under serious consideration.Former CIA station chief Dan Hoffman weighed in Thursday on "Mornings with Maria," describing this moment as potentially […]

Starbucks' top executive has agreed to further align its menu with the Trump administration’s health goals under its "Make America Healthy Again" initiative, according to Health and Human Services Secretary Robert F. Kennedy Jr.Kennedy, who has been examining the nation's food system to address the root causes of childhood chronic disease, said in a post on X that he met with Starbucks CEO Brian Niccol on Tuesday, who "shared the […]

The CEO of one of America’s largest manufacturing and appliance companies detailed going "big" on its investments in the U.S. economy and its supply chain that could have "crucial" outcomes."This year, we went big," Whirlpool’s Marc Bitzer said on "Mornings with Maria" Thursday. "With tariffs now finally coming into place and our trust and confidence in the administration will hold firm, we will invest more in the U.S.""So we are […]

President Donald Trump signaled he was not sure about whether, or not, he would support a recent proposal led by GOP Missouri Sen. Josh Hawley to raise the federal minimum wage to $15 per hour. "I haven't seen it. I'd have to speak to Josh. He's a very good friend of mine," Trump said Wednesday from the Oval Office after a reporter asked whether he supported the move. "That's interesting that […]

Euro Pacific Asset Management Chief Economist Peter Schiff voiced some criticism of the Federal Reserve and sounded the alarm about the economy during an appearance Wednesday on "The Claman Countdown." Schiff’s comments on the show came not long after the Federal Open Markets Committee (FOMC) wrapped up its latest meeting in the afternoon, electing to keep the central bank’s benchmark interest rate at its current level.Federal Reserve Chain Jerome Powell subsequently […]

The Tampa Bay Rays are in "exclusive discussions" with an investment group in Florida about a potential sale of the team. "The Tampa Bay Rays announced that the team has recently commenced exclusive discussions with a group led by Patrick Zalupski, Bill Cosgrove, Ken Babby and prominent Tampa Bay investors concerning a possible sale of the team," the organization said on Wednesday. Forbes has the Rays valued at $1.25 billion, which is […]

The Buss family has reportedly entered an agreement to sell majority ownership of the Los Angeles Lakers to Mark Walter, the chairman and controlling owner of the Los Angeles Dodgers.The deal is reportedly valued at $10 billion, which is by far the most for any sale of a professional sports team in world history, per ESPN. The highest price before that was the Boston Celtics sale in March 2025, which was […]

If the escalating conflict between Israel and Iran significantly cuts supply in the global oil market, prices could surge to as much as $120 a barrel due to a potential threat to a significant shipping lane, according to industry experts.The price of West Texas Intermediate, a key crude oil benchmark, is sitting around a one-year high, while global benchmark Brent Crude is nearing a five-month high Wednesday as the conflict […]