What is a recession?

The government has unleashed $17.6 billion of federal spending in a bid to save Australia from recession. Some economists say we might already be in the middle of our first recession since the early 1990s. Recession would mark the end of Australia's world-beating, 28-year economic expansion – a feat achieved by no other developed nation in modern history. It would […]

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What is the VIX?

Lou Dobbs on markets: This is something I don’t believe we’ve seen before FOX Business’ Lou Dobbs discusses the market selloff being driven by coronavirus and price wars in the oil market. What is the VIX? Continue Reading Below The CBOE Volatility Index, or VIX, is the most recognized tool to trade financial market volatility. It measures 30-day expected or forward-looking […]

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This is what is making our traffic worse and worse — When will our leaders wake up?

California approved light-duty, self-driving vehicles Fox News’ Brett Larson discusses driverless cars hitting the streets of California, and Twitter’s banning of PNG files over seizure concerns. Why in the world is the federal government, 20 years into the 21st century, continuing to pour tens of billions of tax dollars into little-used mass transit rail projects? Continue Reading Below In a […]

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Why coronavirus shock is causing Treasury yield to 'drop like a rock': El-Erian

Fed will be under ‘enormous pressure’ to cut rates further: El-Erian Allianz Chief Economic Adviser Mohamed El-Erian discusses his outlook for the markets amid coronavirus concerns. Buckle up: Market volatility from the new coronavirus is here to stay, according to Mohamed El-Erian. Continue Reading Below The yield on the 10-year U.S. Treasury note, which recently hit a record low of 0.90 percent, […]

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How much money is Russia worth?

Putin’s banker discusses how US sanctions impacted Russia’s banks VTB Bank chairman and president Andrey Kostin explains why Russia has been unfairly sanctioned by the U.S. and says his country is making an effort to tackle climate change, but electric vehicles are expensive. Russia has a nominal gross domestic product (GDP) of $1.64 trillion and purchasing power parity (PPP), or Russian […]

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Defense Department reform is another unheralded Trump win: Steve Forbes

Trump unveils $4.8 trillion budget plan FOX Business’ Blake Burman explains the Trump administration’s newly-revealed budget plan. As the Democrats and their allies in the media mourn the implosion of impeachment, President Trump continues to make historic progress in delivering on his promise to bring business-minded reforms to Washington. The latest of these achievements was unveiled this week, with the […]

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What is Charlize Theron's net worth?

Oscars 2020 red carpet fashion: Hits and misses Fashion expert Sydney Sadick says Sunday night’s Oscars red carpet was a ‘revival of old Hollywood glamour.’ South African-born actress Charlize Theron has a career going back over 25 years and 51 movies. Starting off as a model and dancer, she worked her way up to become one of the highest-paid actresses of the […]

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What is Anne Hathaway's net worth?

Oscars 2020 red carpet fashion: Hits and misses Fashion expert Sydney Sadick says Sunday night’s Oscars red carpet was a ‘revival of old Hollywood glamour.’ American actress Anne Hathaway has grown to become one of the biggest stars of the 21st century. Breaking the big time in 2001 with Disney's "The Princess Diaries," she would go on to cement her career […]

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Biden insists campaign is raising ‘half a million dollars a day’ despite Iowa ‘gut punch’

Wall Street Biden donors scrambling after Iowa loss: Gasparino Sources tell FOX Business’ Charlie Gasparino that Joe Biden’s Wall Street support is waning following his Iowa loss. Democratic presidential candidate Joe Biden denied reports on Monday that his campaign, which has repeatedly lagged behind most of his top rivals in fundraising, is hemorrhaging cash after an unexpected fourth-place finish during […]

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