Investor sentiment 'unquestionably' at worst level since 2008 financial crisis: BofA

video Could the Fed have a ‘nasty surprise’ in store for markets? Wells Fargo Investment Institute global market strategy head Paul Christopher and Muhlenkamp & Company portfolio manager Jeff Muhlenkamp forecast the next move for markets ahead of the Fed’s September rate announcement on ‘The Claman Countdown.’ Investors are turning increasingly bearish on the state of the U.S. stock market […]

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Kansas company stiffed by Vietnam, demands action

video American asphalt company allegedly owed $40M for a paving project in Vietnam FOX Business correspondent Grady Trimble reports on the Kansas asphalt company, Hall Brothers Inc., that is reportedly owed $40 million for a paving job they completed in Vietnam on ‘Varney & Co.’ A Kansas construction company claims it is owed millions of dollars by a government-owned company […]

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JBS to pay a $20 million settlement for price-fixing pork

video FOX Business Flash top headlines for September 20 Check out what’s clicking on FoxBusiness.com JBS has agreed to pay $20 million to settle a lawsuit with consumers that accused the giant meat producer of conspiring with other meat companies to inflate the price of pork. The latest meat-industry settlement will likely reinforce concerns that the White House, members of […]

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Australians love a puffer jacket, but can they save Kathmandu?

A black puffer jacket, often emblazoned with the Kathmandu brand, has long been a wardrobe staple for Australians battling a chilly winter. But, despite their ubiquity, the company behind the iconic parka has had its fair share of troubles. Founded in 1987 by reclusive New Zealand businesswoman Jan Cameron, Kathmandu (known officially as KMD Brands) has staked itself as one […]

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The American City With No Inflation

The two primary government measures of inflation both signaled that prices continue to rise sharply. The Consumer Price Index posted an 8.3% increase year over previous year in August. It rose .1% compared to July. The figures would have been worse if gas prices had not plunged. The other yardstick is the Producer Price Index, released by the BLS. Year […]

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Auto, energy and agriculture among industries that will suffer most from a rail strike

video Rail strike will create ‘major disruptions’ to freight, passenger travel: Former US transportation secretary Former U.S. Secretary of Transportation Elaine Chao wishes current Sec. Pete Buttigieg ‘good luck’ in finding a solution to the looming railroad labor strike. The Biden administration is making efforts to prevent a rail strike that could start as soon as Friday and have severe […]

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