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Business Rundown: 'Cooler Heads' That Prevailed In The Market
Business Rundown: 'Cooler Heads' That Prevailed In The Market

Fox News

time05-05-2025

  • Business
  • Fox News

Business Rundown: 'Cooler Heads' That Prevailed In The Market

Last week, the markets saw 9 straight days of gains, with the S&P 500 hitting its longest winning streak in two decades–all good news for investors who didn't flee the markets in the face of tariff fears. FOX Business co-anchor of The Big Money Show Taylor Riggs speaks with Slatestone Wealth Chief Market Strategist Kenny Polcari about the 'cooler heads' that invested despite uncertainty, the ongoing trade negotiations, and Warren Buffett stepping down from Berkshire Hathaway. Photo Credit: AP Learn more about your ad choices. Visit

Extra: Are Americans Willing To Stop Buying Cheap Stuff From China?
Extra: Are Americans Willing To Stop Buying Cheap Stuff From China?

Fox News

time04-05-2025

  • Business
  • Fox News

Extra: Are Americans Willing To Stop Buying Cheap Stuff From China?

Significant economic news broke this past week amidst the Trump administration's first 100 days celebration: GDP declined in the first quarter, marking the first decline since 2022. President Trump responded by blaming President Biden's policies and claiming his economic policies, including tariffs, were already beginning to work. On Wednesday, Taylor Riggs, Co-Host of FOX Business's 'The Big Money Show,' joined Jessica Rosenthal to discuss the GDP report, President Trump's response, and the state of the economy. Riggs explained the administration's arguments for tariffs and the importance of reaching deals with significant trading partners, like India, Canada, and Mexico, for their plan to work. She also discussed how their plan could transform how businesses manufacture their products and how Trump's policies could lead Americans to realize that buying cheap Chinese-made products isn't worth it. We often must cut interviews short during the week, but we thought you might like to hear the full interview. Today on Fox News Rundown Extra, we will share our entire interview with FBN's Taylor Riggs and get even more of her take on the economy and the President's transformative policies. Learn more about your ad choices. Visit

'A Huge Transition Time': Tariffs Test The U.S. Economy
'A Huge Transition Time': Tariffs Test The U.S. Economy

Fox News

time01-05-2025

  • Business
  • Fox News

'A Huge Transition Time': Tariffs Test The U.S. Economy

On Wednesday, the President reacted to news that U.S. economic growth slowed in the first quarter of this year, according to the Commerce Department. The data shows the U.S. economy contracted over the course of a few months, with Q1 gross domestic product (GDP) shrinking by 0.3 percent. FOX Business' The Big Money Show co-anchor Taylor Riggs says while this quarter of economic decline is a negative consequence of the President's tariff plans, it is not all bad news for America's economy. Riggs joins the Rundown to explain what falling GDP means, the emphasis on patience with the Trump economic agenda, and the trade deals to come. New York State Governor Kathy Hochul (D-NY) is expected to sign legislation banning cell phone use from 'bell-to-bell' starting next school year. New York will join eight states implementing such restrictions on phone use in the classroom. Florida State Representative Demi Busatta (R-Coral Gables) joins to explain how the banning of phones in schools could bring about developmental and educational benefits for students and why she is advocating for tighter phone-use restrictions in the Sunshine State. Plus, commentary from host of FOX Across America and FOX News Saturday Night, Jimmy Failla. Photo Credit: AP Learn more about your ad choices. Visit

Fox Panel Rips Trump's $5K Baby Bonus as ‘Biden-Kamala-Era Stimmy'
Fox Panel Rips Trump's $5K Baby Bonus as ‘Biden-Kamala-Era Stimmy'

Yahoo

time25-04-2025

  • Business
  • Yahoo

Fox Panel Rips Trump's $5K Baby Bonus as ‘Biden-Kamala-Era Stimmy'

A Fox Business panel tore into President Donald Trump's idea to pay a $5,000 bonus to new mothers Thursday, blasting it as 'perverse' and a 'Biden-Kamala-era stimmy.' '$5,000 as a baby bonus won't get anyone who is on the fence about starting a family to start a family,' said The Big Money Show co-host Dagen McDowell, slamming the plan as 'completely unnecessary.' The proposal, which aims to boost America's birth rate by offering an incentive for procreation, is currently under consideration by the president's administration. Trump said it 'sounds like a good idea' when asked about it Wednesday. McDowell suggested that there are already enough government incentives to have a child—like tax credits and prenatal healthcare through Medicare. Investor Jonathan Hoenig went so far as to challenge whether the president should even try to boost the birth rate. He observed that the issue is one that Department of Government Efficiency head Elon Musk, who has 14 children with four different women, has advocated. 'What I don't understand is this collapse Elon keeps alluding to. He's doing his best to try to avoid the collapse—he has many children with many different mothers," he said, pointing out that the United States population has grown remarkably over the last half century. After joking about whether the bonus could work retroactively for people who already have kids, co-host Taylor Riggs eviscerated Trump's plan. 'It creates a perverse incentive to have children because you want a check, without thinking through the long-term cost, which is much bigger than $5,000,' she said. But perhaps the most damning indictment—at least to the president's ears—came when co-host Jackie DeAngelis said it sounded like a move that could have been cooked up by the previous administration. 'I don't agree with it. I call them like I see them. This feels like a Biden-Kamala-era stimmy to get people to do what you want them to do,' she said. 'If we are concerned about population, I understand that. There are other ways that you guys have brought up that we can address this issue.' The president is considering several proposals to boost the birth rate and has not yet made a final decision on the bonus, according to ABC.

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