breaking news
The Trump Economy Is Starting To Look More And More Like The Obama Economy
AMERICA - Published date: .
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
AMERICA - Published date: .
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
AMERICA - Published date: .
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
AMERICA - Published date: .
Trump said the economy and stock market both could be doing much better "if we had somebody different" in charge of the ... Read more
US Retail Sales Rose In May, While April Was Revised Higher
AMERICA - Published date: .
U.S. retail sales were expected to rise 0.6% in May, after slipping 0.2% a month earlier. Read more
Trump: The Mexico Trade Deal Took Just Two Days Because Of My Tariff Threat
AMERICA - Published date: .
Trump tells CNBC the immigration deal came together in just two days because Mexico's leaders knew the alternative would... Read more
Jobs Creation Slows Dramatically With Payrolls Up Just 75,000 In May, Much Worse Than Expected
AMERICA - Published date: .
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
Job Growth Screeches To A Near Halt In May, With Private Payrolls Up Just 27,000
AMERICA - Published date: .
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'
AMERICA - Published date: .
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'
AMERICA - Published date: .
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
Shares Of US Automakers Plunge Because They Have Major Production In Mexico
AMERICA - Published date: .
The largest U.S. automaker stocks drop after President Trump threatened to put a 5% tariff on Mexican imports. 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
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
AMERICA - Published date: .
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
AMERICA - Published date: .
Vermont's 2.2%, Pennsylvania's 3.8% and Wisconsin's 2.8% set new lows for state unemployment rates. Read more
Credit Card Rates Are Now At Their Highest Level In History And May Weigh On The Economy
AMERICA - Published date: .
It costs more than ever to pay with a credit card, which could be a drag on economic growth. Read more
US Housing Starts Rose More Than Expected In April
AMERICA - Published date: .
U.S. housing starts were expected to total 1.205 million in April, up from the 1.139 million starts reported for the pre... Read more
The Atlanta Fed's GDP Forecast Is Sliding, And Expectations For Rate Cuts Are Surging
AMERICA - Published date: .
The Atlanta Fed's GDPNow tracker is pointing to a 1.1% gain in Q2. Markets expect a Fed rate cut as soon as September. Read more
US Trade Deficit Widens To $50 Billion In March
AMERICA - Published date: .
The U.S. goods and services deficit with its global trading partners widened slightly in March as demand for foreign goo... Read more