Grocery prices push 1 in 4 Americans into credit card debt strain, study finds

Cheryl Casone and Scott Ladner discuss the week’s significant economic data, including June CPI, PPI, and retail sales. Ladner emphasizes watching big bank earnings for insights into consumer behavior. American families are increasingly being pushed past their financial limits at the grocery checkout counter, turning to credit card debt just to keep food on the…

Read Full News

GAO finds Obamacare exchange lacked safeguards against unauthorized changes

Rep. Buddy Carter, R-Ga., joins ‘Varney & Co.’ to sound off on Republicans defying President Donald Trump over Obamacare subsidies and defend legislation to denaturalize and deport immigrants convicted of fraud. A new government watchdog report warns that stronger safeguards against fraud are needed in the Obamacare exchanges to prevent bad actors who serve as…

Read Full News

Should Disney Get Out of Streaming Business? One Analyst Says Yes

The Walt Disney Co., despite being the undisputed leader among the legacy entertainment companies (especially with everyone else seemingly a buyer or seller), has been dealing with a stock price that has remained stubbornly flat over the last five years. That’s despite Disney’s status in the streaming wars seemingly secured: Paramount+, HBO Max, Peacock and…

Read Full News

Paramount advisers urge California exit over WBD merger lawsuit: report

LightShed partner Rich Greenfield analyzes the Paramount Skydance-Warner Bros deal on The Claman Countdown. Paramount CEO David Ellison is reportedly being pressured to move his business out of California as the state tries to interfere with a planned takeover of Warner Bros. Discovery.  Ellison’s Paramount is seeking to acquire Warner Bros. Discovery in a $111…

Read Full News

Judge says Trump sued IRS for ‘improper purpose’; refers his lawyer to bar

A Florida federal judge in a blistering order on Monday said that President Donald Trump had filed a $10 billion lawsuit against the Internal Revenue Service “for an improper purpose” — to gain the appearance of “judicial legitimacy” for a controversial settlement with the Justice Department that briefly led to the creation of a $1.8…

Read Full News