Skip to content
Search AI Powered

Latest Stories

Fox Business Anchor Stunned By 'Strong' Economic Numbers Live On Air: 'There Goes That Recession Talk'

Fox Business screenshot of Cheryl Casone discussing the recent economic numbers
Fox Business

As GDP numbers came in live on air, Fox Business anchor Cheryl Casone couldn't help but praise the 'strong economy.'

Fox Business host Maria Bartiromo was left stunned on Thursday when colleague Cheryl Casone reported the Commerce Department's advance second-quarter gross domestic product (GDP) data, revealing a strong and surprising 2.4 percent growth rate.

The figure far surpassed the 1.8% estimate for the quarter, dispelling recession concerns and indicating a robust economy.


Casone began her report with the impressive figure, prompting Bartiromo's astonished response of "Wow." The advanced read for the second-quarter GDP estimate had initially been projected at 1.8 percent, but the actual figure exceeded expectations, signaling a resilient economy.

You can hear what Casone said in the video below.

Casone said:

“This is the first read, the advanced read for second-quarter GDP estimate was only for 1.8 percent. Talk about a strong economy. There goes that recession talk, right?”
"And what’s interesting here is the expectation was we’re going to have a weaker Q2. This first read, that we had in Q1 remember, we had a 2 percent rate in Q1 for this year."
"We were thinking we’re going to have a slowdown. It’s the opposite — 2.4%. And, you know, even the range, this is in the high end of the range that economists were looking for. So that’s pretty darn interesting."
"Really. Q4 was 2.6 percent. So the economy is still strong. Real interesting here."

Many noted that Republicans would not be happy with this acknowledgment of reality.







Following the surprising report, White House deputy communications director Herbie Ziskend shared the clip on social media, emphasizing Casone's praise and the departure from Fox's usual criticism of President Joe Biden's economic handling.

The strong GDP report has left economists and experts alike intrigued and hopeful about the economy's trajectory.

While uncertainties remain, the data signals a positive direction for economic growth and may reshape the conversation surrounding economic policies and prospects for the future.

More from People

Screenshots from Pervez Taufiq's Instagram video
@ptaufiqphotography/Instagram

Woman Kicked Off United Airlines Shuttle Bus After Hurling Racist Insults At Family

Photographer Pervez Taufiq was recently traveling with his family when they were confronted with a racist woman on their flight.

During the flight, Taufiq was unaware that the woman had begun to speak to his children, asking them if they were Indian and making inappropriate comments to them.

Keep ReadingShow less
Elton John
Lester Cohen/Getty Images for City of Hope

Elton John Shares Heartbreaking Update About His Eyesight At Opening Of London Musical

This past weekend at the opening of The Devil Wears Prada musical on London's West End, Elton John shared something the audience never saw coming while he gave a curtain speech.

The stage was crowded with John's support team, the staff involved in the musical's production, and many other people who made the event happen.

Keep ReadingShow less
Meghan Trainor
Phillip Faraone/Getty Images for Freshpet

Meghan Trainor Reveals She 'Cannot Smile Anymore' Due To Cosmetic Procedure

Meghan Trainor recently shared her disappointing experience with Botox during an episode of her podcast Workin’ On It, which she co-hosts with her brother, Ryan Trainor.

Speaking candidly, Trainor revealed she underwent a Botox “lip flip” procedure to enhance her upper lip, but the results left her with unexpected challenges.

Keep ReadingShow less
Disabled 'Wicked' Star Calls Out 'Gross' Ableist Jokes And Comments About Her Character
@marissa_edob/TikTok

Disabled 'Wicked' Star Calls Out 'Gross' Ableist Jokes And Comments About Her Character

Marissa Bode, who plays Nessarose in the Wicked movie, has spoken out against harmful jokes about her character’s disability.

Bode, a wheelchair user, addressed the issue in a TikTok video following the film’s Nov. 22 release, saying the comments have been “deeply uncomfortable.”

Keep ReadingShow less
Greg Abbott; Tony Pastor
Alex Wong/Getty Images, @drtonypastor/TikTok

Texas Gov. Threatens To Cut Funding For Hospitals After Doctor's Viral TikTok Tip For Immigrants

Republican Texas Governor Greg Abbott issued a stark warning to patients ignoring a controversial executive order that requires them to disclose their immigration status during appointments.

Abbott threatened to cut funding from Texas public hospitals defying an order that mandates patients to fill in their immigration status.

Keep ReadingShow less