business news
Fed Holds Rates Steady, Citing Lack Of Inflation Pressure
AMERICA - Published date: .
The Federal Reserve did, however, make a slight cut to the interest rate paid on excess reserves that banks keep at the ... Read more
Why That Strong ADP Jobs Number Could Be Painting An Inaccurate Picture
AMERICA - Published date: .
Technical issues may have made ADP's report on the April job market look much stronger than it actually was. Read more
Anti-vaxxers Are Burdening The Economy, NIH Doctor Says As Measles Outbreak Spreads
AMERICA - Published date: .
"When people get sick, they lose work, they lose their finances from work, [and] they have hospital costs," says Dr. Ant... Read more
R.I.P. Inflation: The Data Point The Fed Watches For Inflation Just Said There Isn't Any
AMERICA - Published date: .
The Fed's preferred inflation gauge showed no change in March and remained well below the central bank's target. Read more
April Business Survey Predicts Slower Pace Of Economic Growth In The US
AMERICA - Published date: .
A survey of corporate economists predicts the pace of growth will decline as employers face pressure to raise wages, spe... Read more
US-China Trade Talks Are In The 'final Laps,' Treasury Secretary Mnuchin Says
AMERICA - Published date: .
Trade talks between Washington and Beijing are now in the final stages, said U.S. Treasury Secretary Steven Mnuchin. Read more
US Economy Grows By 3.2% In The First Quarter, Topping Expectations
AMERICA - Published date: .
GDP for the first quarter was the best start to a year since 2015. Read more
Friday's Report Of First Quarter Growth Should Show Economy Is Strong And No Recession In Sight
AMERICA - Published date: .
First quarter GDP likely is expected to have grown at a healthy 2.5% pace, a far cry from the early estimates of near ze... Read more
US Core Capital Goods Orders Post The Biggest Gain In 8 Months
AMERICA - Published date: .
Orders for long-lasting factory goods were expected to rise 0.8% in March, after dropping 1.6% a month earlier. Read more
US Weekly Jobless Claims Post Biggest Rise In 19 Months
AMERICA - Published date: .
The underlying trend continued to point to labor market strength, however. Read more
Herman Cain Withdraws From Consideration For Fed Board, Trump Says
AMERICA - Published date: .
At least four Republican senators had come out against his nomination, meaning he likely could not have been confirmed. Read more
Trump Advisor Hassett Expects Economy To Defy Earlier Doomsday Predictions With 3% Growth
AMERICA - Published date: .
Stronger economic data recently signals a continuation of above-trend growth, says the Council of Economic Advisors chai... Read more
Elizabeth Warren Wants To Use Her Wealth Tax To Wipe Out Americans' College Debt And Pay For Tuition
AMERICA - Published date: .
Warren says her proposal would benefit 95% of the 45 million Americans carrying student debt and wipe it out for 75% of ... Read more
BlackRock's Larry Fink Says There Are No Signs Of Global Recession In The Next 12 Months
AMERICA - Published date: .
"We will go through a phase in which things are not great but also not bad." Read more
Herman Cain: 'My Voice Is Needed' To Counter Fed And Its 'professor Standard'
AMERICA - Published date: .
The prospective nominee promises to pursue a stable dollar if confirmed to a central bank board that he thinks is too do... Read more
US Weekly Jobless Claims Lowest Since 1969; Unemployment Rolls Shrink
AMERICA - Published date: .
First-time claims for state unemployment benefits were expected to total 205,000 in the most recent week, up slightly fr... Read more
US Retail Sales Soared 1.6% In March
AMERICA - Published date: .
U.S. retail sales were expected to rise 0.9% in March, after slipping 0.2% a month earlier. Read more
US Trade Deficit Falls In February As Shortfall With China Decreases 28%
AMERICA - Published date: .
The decline was due in large part to a 28.2 percent decrease in its goods deficit with China as exports to the nation su... Read more
Economy Could Be Weaker Than Expected, And The Reason Is Manufacturing
AMERICA - Published date: .
Industrial production was negative for the first quarter since the third quarter of 2017, and that could signal weaker e... Read more
If Trump Wins A Second Term, Stocks Would Likely Get A Boost, Robert Shiller Says
AMERICA - Published date: .
Yale University economics professor Robert Shiller suggests President Trump's policies will prolong the bull market. Read more