Breaking News: Politics
Things Are Only Getting Tougher For Chair Jerome Powell And His 'all Over The Place' Fed
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The central bank chief now faces a landscape full of mines that could detonate in any direction. Read more
Larry Kudlow: 'I Don't Think The Underlying Economy Is Slowing'
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President Donald Trump's top economic advisor Larry Kudlow on Friday said he believes the "underlying" U.S. economy "loo... Read more
If A Recession Really Is Coming, Here's What Powell And Trump Can Do To Stop It
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With a bond market signal pointing to a recession, policymakers have a choice: act now or hope that conditions change fo... Read more
Economic Growth Slowed In The Fourth Quarter, Leaving GDP Short Of Trump's Goal
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In all, 2018 closed with a 2.9 percent increase, short of President Trump's hopes for 3 percent growth. Read more
US Efforts To Cut Trade Deficit Show Biggest Win In Almost A Year
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The U.S. trade deficit dropped sharply to $51.15 billion as exports rebounded from a slowdown at the end of 2018. Read more
Likely Fed Nominee Stephen Moore Thinks Rates Should Be Cut By Half A Percentage Point
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The Heritage Foundation fellow backed off on earlier criticism he had for the Fed and specifically its chairman, Jerome ... Read more
Trump Says GDP Would Have Topped 4% If Fed Had Halted Rate Hikes Sooner
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U.S. economic growth would be much stronger had the Fed stopped raising rates sooner, President Donald Trump said in an ... Read more
The Bond Market Is Flashing Its Biggest Recession Sign Since Before The Financial Crisis
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The three-month bond yield eclipsed the 10-year note Friday morning, a traditionally strong sign that a downturn is loom... Read more
Trump Finally Got His Wish From The Fed, But Not For The Reasons He Wanted
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The Fed took a pause on interest rate hikes, which would seem to satisfy President Donald Trump if not for the reasons t... Read more
Fed Chair Powell Says Chinese And European Economies Have Slowed 'substantially'
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Weakening Chinese and European economies are acting as a deterrent to U.S. growth, Federal Reserve Chairman Jerome Powel... Read more
Fed Gives Market What It Wanted — It's Ending Its Balance Sheet Reduction In September
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The Fed's program to reduce the bonds it holds on its balance sheet will end in six months, a move scrutinized by financ... Read more
Fed Holds Line On Rates, Says No More Hikes Ahead This Year
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In a unanimous move, the central bank's policymaking committee took a sharp dovish turn from policy projections just thr... Read more
The Market Could Be Setting Itself Up For A Letdown From Wednesday's Fed Decision
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Should the policymaking Federal Open Market Committee not deliver on market expectations, the result may not be pretty. Read more
'The One Report That Everyone In Washington Watches' Just Showed A Big Gain In Job Openings
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Job vacancies jumped to a fresh high of 7.6 million in January as employers continue to seek qualified applicants to fil... Read more
Fed Chair Powell: 'The Law Is Clear,' Trump Can't Fire Me
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Fed Chairman Jerome Powell tells "60 Minutes" that President Trump cannot remove him from office. Read more
Job Creation Grinds To A Near-halt In February; Wages Still On The Rise
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Job growth increased by just 20,000 in February after a blistering start to the year, even as the unemployment rate fell... Read more
US Households See Biggest Decline In Net Worth Since The Financial Crisis
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Net worth dropped to $104.3 trillion as 2018 came to an end, a slide of $3.73 trillion, according to figures released Th... Read more
The Fed Doesn't Have To Worry About High Inflation Anymore, And That's A Problem
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There was a time not so long ago that defeating inflation would have been considered a huge victory for the Federal Rese... Read more
US Trade Deficit Surges To 10-year High In December, Ends 2018 At $621 Billion Despite Tariffs
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The U.S. trade deficit ballooned in December to $59.8 billion, ahead of expectations, and was $621 billion for all of 20... Read more
Private Payrolls Up 183,000, But Moody's Economist Says Jobs May Have Peaked
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Job creation at the company level cooled in February after a sizzling start to 2019, according to a report from ADP and ... Read more