Breaking News: Politics
Fed's Kaplan Says It's 'too Early' To Decide If Interest Rates Need To Be Cut
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"I believe it would be wise to take additional time and allow events to unfold" before deciding on rates, the Dallas Fed... Read more
A Fed President Explained Why He Was The Lone Member Who Wanted An 'insurance' Cut This Week
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In a statement Friday, Bullard explains his vote against the decision to leave its benchmark interest rate unchanged. Read more
The Trump Economy Is Starting To Look More And More Like The Obama Economy
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It wasn't supposed to be this way: The 2017 tax cut and deregulation were supposed to pull the economy out of its glacia... Read more
Goldman Changes Tune On The Fed, Sees Two Rate Cuts And Early End To Balance Sheet Rolloff
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The Fed may be on its way to a half-point interest rate cut next month even though conditions don't seem to warrant, Gol... Read more
A Key Manufacturing Gauge Just Saw Its Biggest One-month Decline In 18 Years
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The Empire State Manufacturing Index tumbled to a -8.6 reading from 17.8 in May, a 26.4-point drop that was the biggest ... Read more
Trump Says Stock Market Would Be '10,000 Points Higher' If Fed Didn't Raise Rates
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Trump said the economy and stock market both could be doing much better "if we had somebody different" in charge of the ... Read more
Trump: The Mexico Trade Deal Took Just Two Days Because Of My Tariff Threat
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Trump tells CNBC the immigration deal came together in just two days because Mexico's leaders knew the alternative would... Read more
President Trump To CNBC: China Is Going To Make A Deal Because 'they're Going To Have To'
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Trump's remarks to CNBC follow his tweets touting the deal with Mexico that kept the U.S. from slapping tariffs on Mexic... Read more
Jobs Creation Slows Dramatically With Payrolls Up Just 75,000 In May, Much Worse Than Expected
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Along with the big miss on the main number, wage gains were also lower than expected. The March and April jobs figures w... Read more
Navarro Says Trump's New Tariffs 'may Not Have To Go Into Effect' Depending On US-Mexico Talks
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The White House advisor outlined three specific areas where Mexico could make changes to stop Trump from slapping tariff... Read more
Job Growth Screeches To A Near Halt In May, With Private Payrolls Up Just 27,000
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Companies added just 27,000 new positions during the month, well below Dow Jones estimates of 173,000. Read more
Investors Want A Fed Rate Cut Before Economy Turns: 'Risk Becomes Greater The Longer You Wait'
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Financial markets — not to mention the White House — are demanding a cut, and it's likely to get at least one before... Read more
Fed's Evans: The Market Is Seeing Something 'that I Haven't Seen Yet'
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At a time when markets are anticipating at least two interest rate cuts before the end of 2019, Evans did not commit to ... Read more
Trump Says US Will Impose 5% Tariff On All Mexican Imports From June 10
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Duties of up to 25% will be added if Mexico does not substantially stop the "illegal inflow of aliens" entering the U.S.... Read more
The Market Now Thinks The Fed Will Cut Rates Twice By Late January
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Futures trading indicated a 63% chance of a September cut and a 62% probability of another easing in January, according ... Read more
The Next Downturn Could See A 'radicalization' Of The Policies Used During The Financial Crisis
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Policymakers pulled out all the stops to fix the financial crisis, but may even have to get more extreme when the next d... Read more
Trump Administration Unveils $16 Billion Bailout To Farmers Hurt By China Trade War
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The Trump administration announces a $16 billion aid program for American farmers that includes a three-pronged package ... Read more
Fed Chair Powell: Business Debt Is Rising But Does Not Pose A Threat To The System
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The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up the... Read more
Atlanta Fed President Bostic Does Not See A Rate Cut This Year Like The Market Is Telegraphing
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Bostic expressed confidence in the economy, and in the Fed's position on monetary policy, during an interview Monday wit... Read more
Three States Just Set New Lows For Unemployment — That Could Be Good For Trump In 2020
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Vermont's 2.2%, Pennsylvania's 3.8% and Wisconsin's 2.8% set new lows for state unemployment rates. Read more